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Global Strategy in International BusinessSpotify Agrees to buy Bill Simmons The RingerThe news article involves the multinational company Spotify based in Luxembourg and has its headquarters in Stockholm, Sweden. Spotify is an international media services provider company. Spotify announced an increase in users in recent years and thus the need to buy a podcast company. According to the Wall Street Journal, Spotify announced last week that it would buy Bill Simmons' podcast network and sports website with more than 30 podcasts. This is the largest acquisition by Spotify since last year, where they spent $400 million on podcasting companies. The terms of the contract were not announced, but Spotify is intent on purchasing the Bill Simmons' company, the Ringer, since it will further Spotify'...
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