Spotify will reportedly pay $200 million for Gimlet. Spotify wants to be a player in the podcasting space and acquiring a company like Gimlet would push that closer to a reality.
Gimlet was founded in 2014 and claims itsslate of podcasts are downloaded over 7 million times every month with listeners from nearly 190 countries. Gimlet is behind hit series like StartUp, Reply All andHomecoming. We have reached out to several of our contacts at Gimlet and are waiting to hear back.
Peter Kafka at Recode was first to report this deal was in the works. It was also reported in The New York Times and Wall Street Journal.
