The Ringer was among those making an exclusive show for Spotify.
Couldn’t be more excited to work with @eldsjal and his phenomenal team.More details to come down the road... but @ringer will remain @ringer in every respect.
a Christmas movie?
In announcing record quarterly Premium subscriber adds in Q4, Spotify said it would continue to invest in podcast content and infrastructure and claimed podcast listening hours grew nearly 200% in the last three months of 2019. Did the Giants just make the worst draft pick in NFL history? "Bill Simmons is one of the brightest minds in the game and he has successfully innovated as a writer and content creator across mediums and platforms. The acquisition of The Ringer will bring "highly loyal sports and culture fans to the platform," Daniel Ek, Spotify's CEO, said on the company's earnings call.
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 …
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The streaming music and audio company said it entered into a deal to acquire Bill Simmons Media Group for between €130 million and €180 million in cash (approximately $141 million to $196 million at current exchange rates), subject to closing adjustments, a portion of which is deferred, according to a company SEC filing Thursday. Listen to this episode from The Bill Simmons Podcast on Spotify. Updated with additional information from Spotify's earnings call with investors.
All rights reserved. Spotify said The Ringer, which is based in L.A. and has about 90 employees, will further expand its podcast lineup and audience reach, particularly in sports. Privacy |
"The trend that we're investing in is that radio is moving online," he said. The company's original video content includes "NBA Desktop" and has included after-shows for HBO's "Game of Thrones" and "Big Little Lies" started streamed exclusively on Twitter. Since then, the company, under the leadership of Ostroff, has invested in its internal podcast operations, hiring television veterans like Liz Gateley to build out a pipeline of original shows from such talent as Kevin Bacon, Jordan Peele, Paul Feig and Mark Wahlberg. Podcast consumption hours were up 200 percent year-over-year during the final three months of 2019, the company also revealed Wednesday.
No credit card needed. The Ringer also has production shingle Ringer Films through which Simmons produces documentaries like Andre the Giant for HBO.
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 streaming company's podcast expansion.
Daily shortform series The Ringer’s Hottest Take has been streaming on Spotify since September. "We will continue to invest for growth," Ek told analysts, saying Spotify has seen "tangible results" from the podcast strategy. All 90 Ringer employees are expected to join Spotify and the website will continue to operate. The Ringer, founded by ESPN alum Simmons in 2016, features more than 30 podcasts on a range of topics including sports and pop culture. The Bill Simmons Podcast could perform for Spotify much in the same way The Daily does for The New York Times.
At this time, Spotify doesn't plan to change the exclusivity of The Ringer's podcasts and shows it makes for other podcast providers, including subscription service Luminary, will continue on those platforms. by Spotify anticipates the deal closing in the first quarter of 2020. Simmons launched The Ringer in 2016 with backing from HBO after he left ESPN, where he started the website Grantland. They appreciate what we do and they want us to be us. Adele Hosting ‘Saturday Night Live’ Next Week With Musical Guest H.E.R. The Ringer produces more than 30 podcasts from Simmons and the startup’s staffers as well as personalities including David Chang and Larry Wilmore. These topics, and more, are up for debate on, You might recognize Simmons as host of the popular podcast. Did the Giants just make the worst draft pick in NFL history?
The company's Ringer Films division produced 2018 documentary "Andre the Giant" for HBO, which the premium cabler said was its most-watched sports documentary to date.
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 streaming company's podcast expansion. 4:17 AM PST 2/5/2020 The Ringer's proven track record of creating distinctive cultural content as well as discovering and developing top-tier talent will make them a formidable asset for Spotify. Natalie Jarvey We're joining one of the best media companies in the world. It also has inked deals to make several podcasts, including comedy series Last Podcast on the Left, exclusive to its platform. Terms of the deal were not disclosed. Read Next: Goldman Sachs Veteran Andy Gordon Joins RedBird Capital as Partner, Twitter Still Blocking a NY Post Story Based on Alleged Hunter Biden Emails, Newspaper’s Account Remains Frozen, Twitter CEO Admits Blocking NY Post Stories Was Wrong, Changes Hacked-Content Policy, Spotify CEO Daniel Ek said on the company’s Feb. 5 earnings call, record quarterly Premium subscriber adds in Q4, Brian Wilson Disavows Trump’s Beach Boys Benefit in California (EXCLUSIVE), Beastie Boys License a Song for an Ad for First Time Ever, for Joe Biden Spot Focused on Live Music Shutdown, ‘Avengers’ Cast Assembles for Joe Biden Fundraiser, ‘The Vow’: What Happened to Keith Raniere, Allison Mack and Other Key Figures, ‘The Vow’: What the Finale’s Surprise Twist Means for Season 2.
Then Bill and Ryen speculate about 2021 NBA free agency, what … The purchase gives Spotify, which ended 2019 with 124 million paid subscribers and 271 million total active monthly users, ownership of culture website The Ringer as well as a 30-plus podcast network that includes shows on sports (flagship The Bill Simmons Podcast, The Ringer NBA Show), food (The Dave Chang Show, House of Carbs) and entertainment (The Watch, Binge Mode).
In May 2015, ESPN ousted Simmons after he engaged in public clashes with higher-ups.
Bill Simmons is one of the brightest minds in the game and he has successfully innovated as a writer and content creator across mediums and platforms.". TWITTER Check out the trailer for The Hottest Take, here, and make sure to follow so you don’t miss an episode when it launches Monday, September 16 on Spotify. Was the eighth season of Games of Thrones actually the best?
Listen to The Bill Simmons Podcast episodes free, on demand. The deferred payouts are contingent on performance and Simmons and certain other Ringer execs remaining with Spotify.
The Ringer's Bill Simmons is joined by Ryen Russillo and 2020 NBA champion Jared Dudley to discuss the Lakers' title win, how it felt to leave the NBA bubble, LeBron stories, appreciating Rajon Rondo, the anticlimactic Battle for L.A., young NBA talent, and more.
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You might recognize Simmons as host of the popular podcast The Bill Simmons Podcast, or from The Ringer—a network of over 30 podcasts spanning all things sports and pop culture. Negotiations ultimately came down to the eleventh hour heading into Spotify's fourth quarter earnings on the morning of Feb. 5. The company spent around $400 million to acquire three podcast companies last year and announced, via a February 2019 letter from CEO Daniel Ek, that “audio — not just music — would be the future of Spotify.”.
"As we set out to expand our sports and entertainment offerings, we wanted a best-in-class editorial team.
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 deal is expected to close in the first quarter of 2020.
"With this acquisition, Spotify continues to deliver against its goal to become the world’s leading audio platform," the company said. "We look forward to putting the full power of Spotify behind The Ringer as they drive our global sports strategy. © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. Spotify disclosed that it will pay upwards of $196 million for The Ringer, the podcast and media company founded by Bill Simmons. By clicking Subscribe you’ll receive occasional emails from Spotify. Variety and the Flying V logos are trademarks of Variety Media, LLC.
| Cookie Settings. He hosted a short-lived weekly magazine show for HBO, "Any Given Sunday," which was canceled after five months on the air. Simmons' company also recently launched Ringer Books, whose first title "Movies (and Other Things)" by Shea Serrano debuted as a New York Times Bestseller in October 2019.
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Terms of the deal for the four-year-old The Ringer were not disclosed. The investment has paid off. The company said podcasts were helping drive increased overall engagement and retention to its product. The Ringer Podcast Network’s podcasts include consistently top-ranking shows “The Bill Simmons Podcast,” “The Rewatchables” and “The Ryen Russillo Podcast.” The company’s original video content includes “NBA Desktop” and has included after-shows for HBO’s “Game of Thrones” and “Big Little Lies” started streamed exclusively on Twitter. Listen to The Bill Simmons Podcast on Spotify. Spotify is acquiring The Ringer, founded by ESPN alum Simmons in 2016, as part of bulking up its portfolio of podcasts. ", Spotify sees podcasts as a way to expand beyond its music roots. Other projects include the upcoming "Showbiz Kids" for HBO, a feature-length documentary about children working in the entertainment industry, and "Women of Troy," about the groundbreaking USC women's basketball team of the 1980s. The companies then began talking about deepening their partnership via a sale. Spotify disclosed that it will pay upwards of $196 million for The Ringer, the podcast and media company founded by Bill Simmons.
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