Invoice Simmons is anticipated to resume his present cope with Spotify when it expires in February, in keeping with two sources that spoke with Semafor. Simmons offered The Ringer to Spotify for $250 million in 2020 that got here with a five-year contract.
Simmons has just lately been engaged in long-term tasks with Spotify that reach past his present deal.
Final yr, the New York Submit reported that Simmons had held “exploratory conversations with different corporations about the opportunity of launching a brand new platform.” Simmons had expressed frustrations with the company construction of Spotify alongside together with his capability so as to add the expertise he needed.
The Ringer has just lately employed the likes of Todd McShay, Kirk Goldsberry and David Jacoby.