![]() Gimlet had raised $28.5 million in funding from investors including WPP, Laurene Powell Jobs’ Emerson Collective, Cross Culture Ventures, Betaworks Ventures, Stripes Group, and Graham Holdings.Īnchor, based in New York, was founded in 2015 by Michael Mignano and Nir Zicherman. ![]() The company has established itself in the podcast biz with popular scripted and unscripted shows, including “Homecoming” - adapted into a TV series by Amazon Studios - and “StartUp” and “Reply All.” At the same time, he admitted that podcasting is a relatively small business today.īrooklyn-based Gimlet set out to build “the HBO of audio,” Matt Lieber co-founder told Variety in 2017. CEO Daniel Ek sees a growth opportunity in the space, noting that Spotify’s podcast listeners spend twice as much time on the service as non-podcast listeners and that people listen to traditional radio on average two hours daily. Whether Spotify’s big bet on podcasting pays off remains to seen.
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