Exhibit 99.1
Graham Holdings Company Completes Sale of Megaphone to Spotify
ARLINGTON, VA—December 8, 2020—Graham Holdings Company (NYSE: GHC) announced today that it has completed the sale of Megaphone to Spotify Technology S.A. (NYSE: SPOT). Megaphone is a podcast technology company that provides hosting and ad-insertion capabilities for publishers and targeted ad sales for brand partners.
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Contact: | Pinkie Mayfield | ||||
(703) 345-6450 | |||||
Pinkie.Mayfield@ghco.com |