Spotify did not disclose terms of the deal, but earlier said it
had earmarked up to $500 million in 2019 for acquisitions.
Parcast, founded in 2016, specializes in crime and
mystery-themed audio content. It has launched 18 premium podcast
series, including "Serial Killers," "Unsolved Murders," "Cults"
and "Conspiracy Theories."
In February, Spotify, the world's most popular music streaming
service, agreed to buy both Gimlet Media, a podcast producer,
and Anchor, a podcast services company.
(Reporting by Kenneth Li; Editing by Leslie Adler)
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