Podcast app Breaker to be acquired by Twitter
Breaker, a popular podcast app, said on Monday it would be acquired by social media company Twitter and shut down its app and website next week.
Breaker said on its blog that people can now transfer their subscriptions to other podcast-listening apps like those offered by Apple and Spotify.
The financial terms of the deal were not 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,” said CEO Erik Berli, adding that the Breaker team is joining Twitter.
Amazon also said it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
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Earlier this month, the Wall Street Journal reported that the firms were in deal talks, pegging Wondery at a valuation of more than $300 million.
Amazon is relatively a late entrant to the booming podcast space, a key area of focus for Spotify Technology, which has been investing in big names in an effort to become the Netflix of audio content.