Spotify said Tuesday it is acquiring Los Angeles podcasting firm Parcast, part of its larger effort to become a leader in audio stories as well as music.
Spotify said Tuesday it would acquire L.A.-based Parcast, the maker of 18 premium podcast series, for an undisclosed amount.
Parcast will launch more than 20 new shows later this year. Parcast’s founder and President Max Cutler said joining Spotify will give it “access to one of the largest audiences around the world.”
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