Apple Increases Investment in Podcasts, Sources Say -Bloomberg
July 16 2019 - 4:07PM
Dow Jones News
--Apple Inc. (AAPL) is increasing its investment in podcasts
which would be exclusive to its service, Bloomberg reports Tuesday,
citing "people familiar with the matter."
--Apple has been negotiating to acquire exclusive rights to
podcasts from media companies, the report said.
--An Apple representative declined to comment, the report
said.
Full story:
https://www.bloomberg.com/news/articles/2019-07-16/apple-plans-to-bankroll-original-podcasts-to-fend-off-rivals?srnd=premium
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
July 16, 2019 15:52 ET (19:52 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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