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So far, that situation doesnt appearto have been remedied.
This acquisition comes in the midst of Spotifys hard push to become more than a music-streaming platform.
With some caveats, a successful acquisition of the Ringer makes a good deal of sense for Spotify.
According toanotherWall Street Journalarticlefrom last January, its audio division exceeded $15 million in ad sales for 2018.
In any case, it should be noted that these talks dont come out of the blue.
Which is to say, theyre really thinking about the sports category.
