Spotify To Buy Podcast Producer GIMLET Media

Spotify has been pushing forward to produce more original podcasts for their platform. Now, they are deep in talks to buy the podcast producers GIMLET Media.

GIMLET Media went on a capital fund raising round in 2017 and was able to raise $70 Million. Spotify is offering to buy the company for $200 Million.

GIMLET has recently began to produce television shows as well. GIMLET turned one of their podcasts, Homecoming into an Amazon Prime show starring Julia Roberts.