founded in 2016 in Woodland Hills by Cutler Media owner Max Cutler and is now based in Downtown Los Angeles. Spotify purchased the company for roughly $103 million in March 2019, according to funding tracker PitchBook Data Inc.
Spotify now owns three subsidiary studios that are represented by WGA East, including Gimlet Media and Bill Simmons’ The Ringer.In a tweet Wednesday morning the Parcast Union said, “Excited to stand with our sister networks @RingerUnion (and) @GimletUnion.
Thanks for forging the path in the podcasting space of digital media.”Writers Guild of America, East executive director Lowell Peterson said in a statement the organization is “thrilled” to have Parcast join the Guild.“Podcasting has grown enormously and the people.
Read more on thewrap.com
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