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Spotify, represented by Skadden, said Wednesday it agreed to acquire The Ringer, a Willkie-led sports and pop culture media company with a deep catalog of podcasts created by former ESPN writer . The Bill Simmons Podcast | Podcast on Spotify "This morning we announced that @spotify is acquiring The Ringer," Simmons wrote to his 5.8 million Twitter followers. Spotify is making an acquisition — one that may seem a little odd, at first glance, for a tech company that specializes in music streaming. FanDuel has signed a deal with Spotify to make itself the exclusive sports betting partner of The Ringer. The deal would be the latest in a succession of purchases by Spotify to bulk up. Bill Simmons scores massive sale as Spotify buys his publication, The Ringer, for nearly $200 million Paige Leskin Feb 12, 2020, 2:35 PM Bill Simmons. Spotify Is Buying Bill Simmons's the Ringer. Terms of the deal are not being disclosed; however, when the deal between Spotify and The Ringer was first rumored last month, it was noted that the latter company was profitable and had revenues . HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available. The Ringer was founded by Bill Simmons in 2016. Photo by Sincerely Media on Unsplash. Bill Simmons, who was let go by ESPN in 2015 in an at times bitter separation, may have just made a huge payday selling his The Ringer podcast network to Spotify. Financial terms of the deal weren't disclosed by the companies, but the year-long . What The Ringer does: showcase Simmons's unparalleled ability for chit chat.Also produce 30+ podcasts, publish original web articles, and earn a comfortable living (reportedly over $15 million in pod revenue in 2018). Spotify has acquired The Ringer, Bill Simmons' sports and entertainment company, for an undisclosed amount. Spotify may buy The Ringer. © TheStreet WWE Partners With The Ringer in Spotify Deal The Ringer, a Spotify channel headed by Bill Simmons, will partner with the company as part of a multi-year partnership that will see the. Spotify announced Wednesday that it has entered a definitive agreement to acquire Bill Simmons' three-year-old sports and pop culture site, The Ringer.Terms of the deal, which is expected to . Not bill. Bill Simmons joins Nora and Mal to discuss the Patriots quickly becoming a top team in the AFC, which teams the . This year, it was announced that media multi-hyphenate and erstwhile ESPN personality Bill Simmons was selling The Ringer, the podcast-heavy digital outlet he launched in 2016, to Spotify. The Times uses the show to highlight the paper's reporting, elevate reporters' voices,. Spotify announced Wednesday plans to acquire The Ringer, a sports media company founded by former ESPN personality Bill Simmons. The Ringer has become the latest podcast producer to be gobbled up by Spotify. As part of the deal, The Ringer and WWE will also collaborate to develop new, original audio content exclusively for the Spotify platform and Ringer website. Bill Simmons Talks Spotify, Podcasts, and Sports Media; Bill Simmons's new site, The Ringer, goes live — and please, don't; At The Ringer, Staff Writers Say They Are Second; Spotify is buying Bill Simmons's The Ringer; Spotify acquires Bill Simmons' The Ringer as part of podcast push; For Bill Simmons's the Ringer, Podcasting Is the Main . William John Simmons III (born September 25, 1969) is an American sports analyst, author, podcaster, and former sports writer who is the founder and CEO of the sports and pop culture website The Ringer.Simmons first gained attention with his website as "The Boston Sports Guy" and was recruited by ESPN in 2001, where he eventually operated the website Grantland and worked until 2015. LA (via Boston) EDIT: HBO owns 10% of it. The . The company spent nearly $400 million to . Bill Simmons built a podcast empire, and now he could cash in. The music streaming service confirmed that it has entered a "definitive agreement" to buy the . Listen to The Bill Simmons Podcast on Spotify. There is a chance he collected even more, since the only publicly . Spotify is bulking up its podcasting business with a definitive deal to acquire Bill Simmons' The Ringer, which will add a robust slate of sports and pop culture audio shows to its growing. The company's content will move to Spotify, as part of a new network created with Bill Simmons' The Ringer. Spotify Technology is in early talks to purchase Bill Simmons' sports and pop culture website and podcast network, The Ringer, according to the Wall Street Journal.. Listen to The Bill Simmons Podcast on Spotify. Simmons is selling his The Ringer website and podcast offerings to Spotify in a much-talked about deal that was announced by both the audio streaming subscription service and Simmons himself on Wednesday morning. Spotify announced Wednesday that it had entered into an agreement to acquire The Ringer, a podcast-focused pop culture and sports company founded by former ESPN writer Bill Simmons. Founded by Bill Simmons in 2016, The Ringer produces a range of popular podcasts, including Simmons' own show, "The Rewatchables" and "The Ryen Russillo Podcast." With the acquisition, Spotify intends to deepen its monetization opportunities and user engagement while opening up new advertising formats only available via its platform to The Ringer. Terms of the deal, which is expected to . HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available. Spotify makes another podcast acquisition, buying Bill Simmons' The Ringer Published Wed, Feb 5 2020 8:59 AM EST Updated Wed, Feb 5 2020 4:01 PM EST Lauren Feiner @lauren_feiner The streaming music and audio company confirmed that it entered into a deal to acquire Bill Simmons Media Group for an amount between €130 million and €180 million in cash. The Wall Street Journal published a report containing some details of the talks on Friday as the sports and pop culture website . The music streaming service Spotify announced Wednesday that it will purchase The Ringer, the . Source: Spotify. Spotify has agreed to a deal with The Ringer, a sports and entertainment blogging site founded by Bill Simmons. Simmons makes the list based on Spotify's initial payment of $155 million and an estimated 51% ownership of the business. Spotify will pay Bill Simmons as much as $196 million to acquire The Ringer in a deal that will instantly boost the streaming service's sports and pop culture company, and bring a high-powered name to its roster of podcasting content. Spotify announced it is acquiring The Ringer, Bill Simmons' sports and culture site, as it looks to increase its podcast offerings. WWE's been producing podcasts from The New Day, Corey Graves, and others for a while now. "The Ringer is the premier destination for sports fandom, and WWE has used amazing storytelling and iconic characters to establish a global audience of loyal and passionate fans, making this partnership a perfect match," said Bill Simmons. Terms of the transaction were not disclosed. The Ringer, I thought, is a website. Feb. 5, 2020, 6:28 AM PST By Variety Spotify announced on Wednesday a deal to acquire The Ringer, a sports, entertainment and pop-culture media company founded by Bill Simmons, as part of the. It seems things have worked out rather well for Bill Simmons since he was let go by ESPN in 2015. NEW YORK--(BUSINESS WIRE)-- Spotify Technology S.A. (NYSE:SPOT), the world's most popular audio streaming subscription service, today announced that the company has entered into a definitive agreement to acquire The Ringer, a leading creator of sports, entertainment and pop culture content. Details: This is Spotify's first major investment in a podcast content . By Peter Kafka Jan 17, 2020,. To get the deal done, Front Office Sports reports that the music-streaming giant will have to pony up about $200 million to pry the sports and pop-culture outlet away from Simmons. Spotify acquires Bill Simmons' the Ringer to add to its podcast business . @ringer (founder) @spotify + The BS Podcast + @therewatchables + @BookoBasketball + Music Box series on @hbo . Spotify is in early talks to buy sports and pop-culture outlet the Ringer, a deal that would bring the audiostreaming giant into broader digital media and add a network of content including "The . Spotify wants the podcasts, that's it. Terms of the transaction have not been disclosed, but the sale has been reported by some media outlets to be valued at as much as $250 million. Bill Simmons American sports columnist, author, and podcaster Spotify announced on Wednesday a deal to acquire The Ringer, a sports, entertainment and pop-culture media company founded by Bill. The music streaming service Spotify announced Wednesday that it will purchase The Ringer, the . As part of the deal, The Ringer and WWE will be collaborating to develop new and original audio content exclusively for the Spotify platform and The Ringer website. Spotify has agreed to a deal with The Ringer, a sports and entertainment blogging site founded by Bill Simmons. The deal requires Simmons to keep working at Spotify for some time, and also includes protections to ensure Spotify doesn't cut much of his staff, said the person." Founded in 2016 by Simmons, The Ringer is a leading creator of sports, entertainment, and pop culture content, boasting over 100 million downloads a month and utilizes a profitable business model. February 5, 2020. Bill Simmons is in early discussions to sell The Ringer to Spotify. The Ringer, Spotify, and WWE have announced a deal that will include expanded pro wrestling coverage on Simmons' The Ringer, an original podcast series, and exclusive audio content. Past Life: @grantland33 @30for30. On Wednesday, Spotify announced that it purchased former ESPN commentator Bill Simmons's podcast platform, The Ringer. Spotify Said to Pay $250 Million for Ringer in Podcasting Drive - Bloomberg Spotify Technology SA is paying close to $200 million upfront for the Ringer, the growing online sports and pop-culture. The deal is the latest move by Spotify to expand into the podcast space. (Photo by Michael Tran/FilmMagic) Spotify announced Wednesday it will acquire Bill Simmons' The Ringer, a sports website and podcast . This morning (Aug. 18), WWE announced a new partnership designed to raise their profile in the booming podcast business. Spotify spent around $400 million in 2019 to acquire podcast companies Gimlet, Parcast and Anchor. News that this might happen leaked a few weeks ago and initially I was surprised. Already looking to expand its content by offering daily sports podcasts, Spotify is in early talks with Bill Simmons about potentially purchasing The Ringer. The latest Tweets from Bill Simmons (@BillSimmons). This morning, just in time for its earnings call, Spotify officially announced that it is buying the Ringer, the podcast-heavy digital-media company . Terms of the transaction have not been disclosed, but the sale has been reported by . Here's why that makes sense. Bill Simmons [Photo: Emily Shur/HBO] The Ringer is already experimenting with the format—which at this point allows 2,000 people in a room—and, as part of its new audio partnership with the . It seems things have worked out rather well for Bill Simmons since he was let go by ESPN in 2015. Spotify announced Wednesday that it has entered a definitive agreement to acquire Bill Simmons' three-year-old sports and pop culture site, The Ringer.. Spotify is to acquire Bill Simmons' pop-culture and sports site and podcast company The Ringer.. Simmons is selling his The Ringer website and podcast offerings to Spotify in a much-talked about deal that was announced by both the audio streaming subscription service and Simmons himself on . The music streaming service confirmed that it has entered a "definitive agreement" to buy the . Spotify confirmed that it would invest at least $196 million to acquire The Ringer, Bill Simmons' podcast and media company. NEW YORK and STAMFORD, Conn. August 18, 2021 - The Ringer, a Spotify Studio, and WWE will launch an exclusive audio network as part of a multi-year audio content partnership, the companies announced today. I'd imagine a commitment to the website was part of the deal - allowing Simmons to say that he kept the writers in mind too - but I wouldn't think Spotify is in that for the long haul unless the economics are far better than I would assume them to be. Audio streaming giant Spotify has agreed to acquire The Ringer, a sports, entertainment and pop culture digital outlet founded by Bill Simmons. The deal would build on the . Spotify intends to hire Simmons and all of his approximately 90 employees. Spotify is making yet another big-budget purchase aimed at getting a lead in the growing podcast industry: The streaming music company has agreed to a deal to purchase The Ringer, the. The Ringer has more than 30 podcasts, including some of Simmons . Bill and Cousin Sal react to a busy NFL Sunday before being joined by Ryen Russillo to discuss the Season 3 finale of 'Succession' Ranking the Top Five Kevin Durant Shoes With J. Kyle Mann . The Ringer, the digital media and podcast company founded by ex-ESPN exec Bill Simmons that Spotify bought in 2020, plans to launch an exclusive audio network as part of a multi-year audio content . Spotify Is Paying Up to $196 Million in Cash to Acquire Bill Simmons' The Ringer By Todd Spangler Courtesy of HBO Spotify disclosed that it will pay upwards of $196 million for The Ringer, the. The Bill Simmons Podcast could perform for Spotify much in the same way The Daily does for The New York Times. Amy Sussman/Getty Images Spotify will spend. Spotify bought The Ringer. Spotify makes another podcast acquisition, buying Bill Simmons' The Ringer Published Wed, Feb 5 2020 8:59 AM EST Updated Wed, Feb 5 2020 4:01 PM EST Lauren Feiner @lauren_feiner In its fourth podcast acquisition in a year, Spotify is buying Bill Simmons-helmed sports and lifestyle content machine The Ringer for an undisclosed amount. The deal. The acquisition, which had first come to light two weeks ago, will bring more sports, entertainment and pop culture content to Spotify.The Ringer was founded by former ESPN commentator Bill Simmons in 2016 and it has a portfolio of more than 40 podcasts, including the popular " The Bill Simmons Podcast " which . The Stockholm-based company said in a regulatory filing on Wednesday that it will pay Simmons between 130 . Terms of the deal were not disclosed, but there have been numerous reports this year that Simmons was shopping the company with a $200 million asking price. The Ringer, the sports-and-culture media company founded by Bill Simmons, is reportedly in talks about a sale to the audio company Spotify — a deal that could be a financial windfall for the . The Ringer has more than 30 podcasts, including some of Simmons . The terms of the deal, which is expected . After sharing its fourth quarter and 2019 year end financials, streaming audio platform Spotify announced its intent to acquire Bill Simmon's The Ringer.This acquisition will help Spotify expand its content catalog with sports and pop culture podcasts and The Ringer website, as well as reach new audiences. The deal is the latest in a string of acquisitions from Spotify to expand into. The deal is centred around The Ringer's podcast. Spotify is to acquire Bill Simmons' pop-culture and sports site and podcast company The Ringer.. The Ringer will also be expanding its existing wrestling coverage as part of the deal. Per the article "Simmons was the largest shareholder of the Ringer. Spotify will acquire The Ringer before the end of March. Spotify is bulking up its podcasting business with a definitive deal to acquire Bill Simmons' The Ringer, which will add a robust slate of sports and pop culture audio shows to its growing podcasting portfolio. Spotify thinks podcasting could be really big. 1 Seed and Playoff Expectations. Spotify is in early talks to acquire Bill Simmons ' media startup The Ringer, sources tell The Hollywood Reporter . Spotify intends to hire Simmons and all of his approximately 90 employees. Why it matters: The acquisition speaks to Spotify's massive investment in podcasting over the past year, as the company aims to expand its offering solely from music to audio including podcasts. The Ringer, the website and podcasting network founded by Mr. Simmons in 2016, will soon become the property of Spotify, the companies said on Wednesday. HBO, a division of AT&T Inc., owned a 10% stake. Bill Simmons on the Patriots' Rise to the No. Audio streaming service Spotify has struck a deal to acquire Bill Simmons' sports-focused website, podcast network and scripted/non-scripted production house The Ringer. Spotify announced it is acquiring The Ringer, Bill Simmons' sports and culture site, as it looks to increase its podcast offerings. Spotify is making yet another big budget purchase aimed at getting a lead in the growing podcast industry: The streaming music company has agreed to a deal to purchase The Ringer, the podcast-centric media company run and owned by Bill Simmons. Spotify did not disclose terms of the deal, but in its SEC filing . "Spotify is making yet another big budget purchase aimed at getting a lead in the growing podcast industry: The streaming music company has agreed to a deal to purchase The Ringer, the podcast-centric media company run and owned by Bill Simmons.
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