Bill Simmons Sells His Podcast Empire to Spotify in Blockbuster Deal

Bill Simmons Sells His Podcast Empire to Spotify in Blockbuster Deal

Talk about comebacks.

Bill Simmons, who was let go by ESPN in 2015 in an at times bitter separation, may have just made a huge payday selling his The Ringer podcast network to Spotify. Terms of the deal were not disclosed, but there have been numerous reports this year that Simmons was shopping the company with a $200 million asking price.


The Los Angeles-based sports and pop culture website's slate of 30 podcasts — including The Bill Simmons Podcast, The Rewatchables, and The Ryan Russillo Podcast — will now be streamed on Spotify. The Luxembourg-based company, which also has a huge presence in L.A., hopes to build out the franchise's content.

"Spotify has the unique ability to truly supercharge both content and creator talent across genres," Simmons said in a statement on Wednesday. "We spent the last few years building a world-class sports and pop culture multimedia digital company and believe Spotify can take us to another level. We couldn't be more excited to unlock Spotify's power of scale and discovery, introduce The Ringer to a new global audience and build the world's flagship sports audio network."


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Sam primarily covers entertainment and media for dot.LA. Previously he was Marjorie Deane Fellow at The Economist, where he wrote for the business and finance sections of the print edition. He has also worked at the XPRIZE Foundation, U.S. Government Accountability Office, KCRW, and MLB Advanced Media (now Disney Streaming Services). He holds an MBA from UCLA Anderson, an MPP from UCLA Luskin and a BA in History from University of Michigan. Email him at samblake@dot.LA and find him on Twitter @hisamblake

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