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Friday, February 26, 2021

Podcast app Breaker to be acquired by Twitter | The Categorical Tribune

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Breaker, a preferred podcast app, stated on Monday it will be acquired by social media firm Twitter and shut down its app and web site subsequent week.

Breaker stated on its weblog that folks can now switch their subscriptions to different podcast-listening apps like these supplied by Apple and Spotify.

The monetary phrases of the deal weren’t disclosed.

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“Here at Breaker, we’re truly passionate about audio communication and we’re inspired by the ways Twitter is facilitating public conversations for people around the world,” stated CEO Erik Berli, including that the Breaker staff is becoming a member of Twitter.

Amazon additionally stated it will purchase podcast startup Wondery, aiming to beef up non-musical content material on its Amazon Music app.

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Earlier this month, the Wall Road Journal reported that the corporations have been in deal talks, pegging Wondery at a valuation of greater than $300 million.

Amazon is comparatively a late entrant to the booming podcast house, a key space of focus for Spotify Know-how, which has been investing in massive names in an effort to grow to be the Netflix of audio content material.

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