Podcast app Breaker to be acquired by Twitter

FILE PHOTO: The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo

(Reuters) – Breaker, a popular podcast app, said on Monday it would be acquired by social media company Twitter Inc and shut down its app and website next week.

Breaker said on its blog here that people can now transfer their subscriptions to other podcast listening apps like those offered by Apple Inc and Spotify.

Financial terms of the deal were not disclosed.

“Here at Breaker, we’re truly passionate about audio communication and we’re inspired by the ways Twitter is facilitating public conversations for people around the world,” said CEO Erik Berli, adding that the Breaker team is joining Twitter.

Reporting by Tiyashi Datta in Bengaluru; Editing by Amy Caren Daniel

source: reuters.com