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Spotify Missed Out on Another Podcasting Acquisition

Spotify Missed Out on Another Podcasting Acquisition

After Spotify's (NYSE: SPOT) recent string of podcasting deals, it's kind of weird to see a podcast acquisition where Spotify isn't involved. E.W. Scripps (NASDAQ: SSP) has been shopping around its Stitcher podcast platform for a couple of weeks, and it looks like it found a buyer in SiriusXM (NASDAQ: SIRI). At the time of the acquisition, Spotify CEO Daniel Ek exclaimed: "We bought the next ESPN."