Graham holdings company to sell megaphone to spotify

Arlington, va.--(business wire)--graham holdings company (nyse: ghc) announced today that it has entered into an agreement with spotify technology s.a. (nyse: spot) to sell megaphone for $235 million. megaphone is a podcast technology company that provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners. “spotify will be a great home for megaphone. i am proud of the megaphone team and what they have built, and we look forward to their continued succ
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