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Amazon to Acquire Podcast Studio Wondery

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variety.com

Todd Spangler NY Digital EditorAmazon announced that it inked a deal to acquire Wondery, a four-year-old podcast creator and producer.Terms of the deal, under which the Wondery team will join the Amazon Music group, were not disclosed.

Earlier this month, the Wall Street Journal reported that Amazon was in talks to buy Wondery in a deal worth over $300 million.“We’re pleased to announce that Wondery — an innovative podcast publisher with a track record of creating and producing top-rated podcasts — has signed an agreement to join Amazon Music,” the e-commerce giant said in announcing the deal Wednesday.

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