Spotify continues to beef up its audio product arsenal. Today, it announced the acquisition of Whooshkaa, a nearly six-year-old Australian company focused on helping radio broadcasters monetize, edit, and distribute their shows as podcasts. Radio networks will be able to prepare shows for publishing by capturing live broadcasts and using the Whooshkaa tech to edit and remove ads to make room for podcast-only spots.
Source: Spotify’s latest acquisition is about making money off radio shows turned into podcasts