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Spotify Acquires Podcast Network Parcast: Report

The transaction is expected to close in the second quarter of 2019, and subject to customary closing conditions

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Spotify Music still leads outside of the US, tallying 75 million subscribers as part of its first earnings report in May.
Spotify Music still leads outside of the US, tallying 75 million subscribers as part of its first earnings report in May. Pixabay

Swedish music streaming giant Spotify has announced it is acquiring Parcast — a premier podcast storytelling studio which specialises in crime, mystery and science fiction shows for an undisclosed amount.

Founded in 2016, Parcast has till date launched 18 premium podcast series including Serial Killers, Unsolved Murders, Cults and Conspiracy Theories and the studio’s first fiction series, Mind’s Eye.

Parcast would bring to Spotify its curated library of highly produced shows and its engaged and loyal audiences.

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“The addition of Parcast to our growing roster of podcast content will advance our goal of becoming the world’s leading audio platform,” Dawn Ostroff, Spotify Chief Content Officer, said in a statement late on Tuesday.

“Crime and mystery podcasts are a top genre for our users and Parcast has had significant success creating hit series while building a loyal and growing fan base. We’re excited to welcome the Parcast team to Spotify and we look forward to supercharging their growth.”

The transaction is expected to close in the second quarter of 2019, and subject to customary closing conditions. (IANS)

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Apple, Spotify Podcasts Now Availabe on Amazon Echo Lineup

With this, the Echo line up from Amazon becomes with the first third-party clients to support the Apple Podcasts service without using AirPlay

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It's also interesting that Apple is ceding some of its HomePod functionality to Amazon. Pixabay

Apple and Swedish streaming giant Spotify’s podcasts are now available on Amazon’s Echo line up of devices.

“Apple Podcasts can be set as the default podcast player from the Alexa app, too, so Amazon will default to checking Apple Podcasts first whenever a show is requested. Spotify also announced today that its users would be able to ask Alexa to play podcasts from its platform,” The Verge reported on Friday.

With this, the Echo line up from Amazon becomes with the first third-party clients to support the Apple Podcasts service without using AirPlay.

It’s also interesting that Apple is ceding some of its HomePod functionality to Amazon.

The HomePod offers syncing with Apple Podcasts, which was unique and potentially a selling point. Now that anyone can access Apple Podcasts from any Alexa device, the HomePod is less special, the report added.

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Apple and Swedish streaming giant Spotify’s podcasts are now available on Amazon’s Echo line up of devices. Wikimedia Commons

Notably, Spotify Premium users were earlier able to use Spotify Connect to stream to Echo.

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But now, the Swedish streaming giant says that both Free and Premium customers in the US will be able to ask Alexa for podcasts as well as set Spotify as their default player. (IANS)

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