Spotify to pay up to $196 million in cash for "The Ringer"

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Spotify disclosed in an SEC filing Thursday that it is paying up to $196 million for "The Ringer," a sports media company founded by former ESPN personality Bill Simmons. Why it matters: It's a solid payout for The Ringer, which was created just four years ago.

from Google Alert - Business https://ift.tt/37lfzZY
Spotify disclosed in an SEC filing Thursday that it is paying up to $196 million for "The Ringer," a sports media company founded by former ESPN personality Bill Simmons. Why it matters: It's a solid payout for The Ringer, which was created just four years ago. https://ift.tt/eA8V8J

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