Spotify disclosed that it will pay upwards of $196 million for The Ringer, the podcast and media company founded by Bill Simmons. The streaming music and audio company said it entered into a deal to acquire Bill Simmons Media Group for between €130 million and €180 million in cash (approximately $141 million to $196 million…

via Spotify Is Paying Up to $196 Million in Cash to Acquire Bill Simmons’ The Ringer — Variety