Watch: Spotify is spending up to $500 million on podcasts and non-music content, but jennifersaba explains this hot format is still unproven as a way of making money.
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Why Spotify is making a $500 million bet on podcastingSpotify is making a big bet on podcasts, announcing deals to acquire startups Gimlet and Anchor, with plans to invest up to $500 million in the podcast market this year
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Spotify hitches its wagon to a muleThe Swedish music service is buying two podcast companies and warned it will crank up spending - including up to $500 mln scooping up other similar talk radio-esqe firms, in the name of growth. Yet sales are slowing and the market for non-music audio is small and speculative.
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Breakingviews TV: Lazard leadsFeb 5 - Antony Currie takes stock of the independent advisory firm’s fourth-quarter earnings. Lazard’s stock is down over a quarter in the past year, but with asset management tough and M&A slowing down, it may just be ahead of now more...
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Breakingviews TV: Dull AppleThe iPhone maker’s sales fell, just as CEO Tim Cook had warned. Booming demand for apps and other services provides some offset near term, explains Rob Cyran, but Apple will probably need new gadgets like health devices to get growth, and the stock...
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