Saturday, 12 May 2018

Luminary Media raises $40M; sources say it plans to launch subscription service for premium podcasts, has begun to strike licensing deals with podcast creators (Benjamin Mullin/Wall Street Journal)

Benjamin Mullin / Wall Street Journal:
Luminary Media raises $40M; sources say it plans to launch subscription service for premium podcasts, has begun to strike licensing deals with podcast creators  —  The newly created venture has raised $40 million from New Enterprise Associates and others to enter the rapidly expanding realm of podcasting and audio.



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