Following a great deal of speculation about Sony & Apple’s interest in Wondery (Dr. Death, Business Wars, Dirty John & The Shrink Next Door) which is one of the final remaining primary independent podcasting networks – tech giant Amazon has stepped in with an announcement that the podcasting company is being acquisitioned and will be integrated into Amazon Music.
Amazon has yet to announce the price of the acquisition, though prior reports made project Wondery to be valued at a total of $300 million USD. As soon as the deal is completed, Hernan Lopez, Wondery’s present CEO will be leaving his position with Jen Sargent, Wondery’s COO taking over the post.
According to a statement, Amazon had this to say: “Amazon Music launched podcasts in September 2020, and together with Wondery, we hope to accelerate the growth and evolution of podcasts by bringing creators, hosts, and immersive experiences to even more listeners across the globe, just as we do with music,” they said. “This is a pivotal moment to expand the Amazon Music offering beyond music as listener habits evolve.”
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