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Spotify CEO Daniel Ek steps down, Co-CEOs named
LONDON (AP) — Spotify said Tuesday that founder Daniel Ek is stepping down as CEO to become the executive chairman, in an announcement that sent its shares sliding in Tuesday trading. The Stockholm-based streaming giant said Ek will be replaced by two lieutenants who will become co-CEOs: Chief Product and Technology Officer Gustav Söderström and […]
Tegna acquires podcast company
Tysons-based broadcast and digital media company Tegna Inc. announced Thursday it has acquired Locked On Podcast Network, which covers local sports and the four major professional sports leagues. Financial terms of the transaction were not disclosed, but the acquisition will expand Tegna’s podcast market presence. Locked On produces daily shows for the NBA, NFL, MLB […]
Spotify completes $235M acquisition of Reston-based Megaphone
Music streaming giant Spotify Technology SA has completed the acquisition of Arlington-based media and education conglomerate Graham Holdings Co.’s podcast technology company, Megaphone, for $235 million, the company announced Tuesday. The acquisition was first announced Nov. 10. Founded in 2015, Megaphone provides hosting and ad-insertion capabilities for publishers and targeted ad sales fo[...]
