In November 2016, Gimlet described their new documentary series The premise of the show was to take seemingly uninteresting topics and, by exploring their stories, show that they are actually of interest.
The growth — both in terms of audience and dollars — can be particularly fast for some hit podcasters. It’s irresistible audio in your pocket.
Private United States Companies (Top 10K) At least in my world. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Or that the industry is dominated by Apple, and Apple doesn’t seem terribly interested in podcasting. But let’s pull back a second and explain why we’re telling you about a funding round: Unlike web publishers, and definitely unlike web video companies, podcast companies haven’t attracted much financial backing yet.That’s despite the fact that podcasting seems to have finally broken through to mainstream audiences in the past few years, driven by the success of shows like Serial: But when I first heard that Gimlet was raising money a couple months ago, I asked a range of venture capitalists whether they were investing in the company or any other podcast startup. Uncovering and explaining how our digital world is changing — and changing us. Gimlet Media, Inc. is a digital media company and podcast network, focused on producing narrative podcasts, headquartered in Brooklyn, New York and is a subsidiary of Swedish music streaming provider Spotify.
So let’s change that: Gimlet Media, the podcast studio/network behind shows like StartUp and Reply All, has raised $15 million in a round led by Stripes Group.People familiar with the company say investors valued Gimlet at $55 million pre-money — that is, it’s worth $70 million now — and that the 80-person company is on track to generate something in the range of $15 million this year. People familiar with Crooked Media, the bare-bones company that launched Pod Save America and other political podcasts this year, say it is already approaching a $5 million annual run-rate. I got lots of noes.
ABC already plans to turn StartUp — a documentary series that started by following Gimlet co-founder Alex Blumberg’s attempt to build Gimlet — into a sitcom.
More details on the round — including a bold-face name or two — below.
But the same study thinks that number will nearly double, to $220 million, this year.
Together they have raised over 17.1M between their estimated 4.8K employees.
Spotify is in talks to acquire Gimlet Media, one of the leading podcast production houses.If this deal completes, it will signify a major change in the trajectory of podcasting as an industry.
The explosive growth of podcasts as a medium has created opportunities to adapt and license that content for other platforms.In 2018, Gimlet announced their creation of a festival, called GimletFest. Gimlet Creative works with sponsors to create podcasts that are then released under Gimlet Creative's channel, with a clear distinction drawn to separate from the company's editorial and journalism shows.
Each was eventually cancelled on the network.
In 2016, Gimlet launched Gimlet Creative, the company's branded podcast division.
In 2014, they launched StartUp and Reply All, with more shows on the way. To learn more or opt-out, read our Podcasts are popular, but the podcast industry is tiny.
Founded in 2014 by a veteran podcaster, Alex Blumberg, and a management consultant, Matt Lieber, Gimlet Media is billed as “the award-winning narrative podcasting company that aims to help listeners better understand the world and each other.” Gimlet Media, the Brooklyn-based podcasting network behind shows like StartUp and Reply All, announced today that it has closed a $15 million round led by Stripes Group. Podcasts are popular, but the podcast industry is tiny. Gimlet is the award-winning narrative podcasting company that aims to help listeners better understand the world and each other. Sign up for the
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