A trader is reflected in a computer screen displaying the Spotify brand before the company begins selling as a direct listing on the floor of the New York Stock Exchange in New York, U.S., April 3, 2018. REUTERS/Lucas Jackson
(Reuters) – Podcasts featuring Batman, Wonder Woman and Superman will soon stream on Spotify as the Swedish music streaming company has signed a deal with AT&T Inc’s Warner Bros and DC Entertainment.
Warner and DC will produce and distribute an original slate of narrative scripted podcasts exclusively for the streaming service, Spotify Technology SA said in a statement bit.ly/2AN1uKu.
Financial terms of the deal were not disclosed. Spotify’s shares rose 5% on the news.
Spotify, whose paid users surged to 130 million in the first quarter, has been adding muscle to its podcast catalog by inking several partnerships, including those with Joe Rogan and Kim Kardashian West.
Reporting by Neha Malara; Editing by Saumyadeb Chakrabarty