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New podcast transcription service aims to make audio more searchable

The Download on Podcasts is a weekly feature sponsored by PodcastOne.

It seems like everyone is getting into podcasting — creators, networks, measurement companies, ad-tech companies, and now the transcription firm GMR Transcription, which announced the launch of an audio-to-text service. Does it make sense? We looked at two podcasts using the service.

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Spotify hits 20M paid subscribers, completes $526 million funding round

Spotify announced today that it has more than 20 million subscribers and 75 million active users on its streaming platform. The company started off 2015 with the announcement 60 million active users and 15 million paying subscribers, meaning Spotify grew quickly to hit this milestone. Spotify also closed a round of funding today valued at $526 million. Continue Reading →