9/7/2023 0 Comments Buy podcast maker wondery![]() ![]() Amazon disclosed in early 2019 that it was expecting to spend more than $7 billion on original content that year and, a few months later, it bought a part of sports broadcaster Yes Network together with an investor consortium. Wondery is known for its incredible range of true crime podcasts but this captivating series. The online retail giant has been investing heavily in recent years to expand the division. And what allowed him to get away with it all for so long. The Wondery acquisition could help accelerate Amazon’s growth plans for its entertainment business, which operates in multiple markets spanning music, audio books and video. Apple was in September reported to have acquired Scout FM, a podcast aggregation and recommendation service, while Spotify bought podcast studio Gimlet in 2019. However, the company stressed in a statement that “nothing will change for listeners, and they’ll continue to be able to access Wondery podcasts through a variety of providers.”Īmazon’s top rivals in the music streaming segment have also used acquisitions to help them more effectively target the podcast market. The latter business is said to account for about three-quarters of the startup’s revenue.Īmazon plans to integrate Wondery into its Amazon Music subscription-based music streaming service. As a listener, I don't want to have 10 different podcast apps like I do for streaming services, and as a maker, I'd rather feel like I'm on an even playing field with everyone else. According to the Journal, Wondery was expecting to generate about $40 million in sales this year from a combination of podcast licensing fees and advertising. Inc is in talks to buy podcast startup Wondery with a valuation of over 300 million, the Wall Street Journal reported on Wednesday citing people familiar with the matter. ![]() The acquisition will buy Amazon not only Wondery’s sizable listener base but also a new revenue stream for its entertainment business. ![]() and Alaina are rewatching Buffy the Vampire Slayer on this Wondery podcast. The startup has published a series of hit podcasts spanning multiple genres, one of which was turned into a series by the Bravo television network. Morbid Podcast Alaina And AshBut things are going to get interesting because. Business Wars gives you the unauthorized, real story of what drives these companies and. Wondery, based in Los Angeles, launched in 2016 with backing from Disney Co. The outcome of these battles shapes what we buy and how we live. and Sony Corp.’s music publishing arm also expressed interest in Wondery, which may explain why its valuation rose so sharply during the acquisition talks. Follow Stolen Hearts on Amazon Music of wherever you get your podcasts. An earlier Bloomberg report indicated that Apple Inc. On Wonderys new weekly series, join co-hosts Scaachi Koul and Sarah Hagi as. Featuring Morbid apparel, Morbid accessories. But the Wall Street Journal reported recently that Wondery was valued at north of $300 million during the acquisition talks, more than triple the valuation the startup is said to have received after its most recent funding round. Calling all weirdos Listen to your favorite Morbid podcast in style with the official Morbid Collection. The deal will strengthen Amazon’s entertainment business, in which the online retail giant has invested billions of dollars in recent years to win more subscribers.Īmazon didn’t say how much it’s paying for Wondery. today said that it has signed a deal to buy Wondery Inc., a venture-backed podcast startup with a reported audience of 20 million monthly listeners. Terms of the deal were not disclosed, but reports this month said Wondery was seeking $300 million (approximately Rs 2,200 crores). Inc. Co-creator of The Inquiry (winner of the British Podcast Awards in the current affairs. "Wondery is an innovative podcast publisher with a track record of creating and producing top-rated podcasts that entertain and educate listeners." Wondery, an Amazon Compan圜ardiff University / Prifysgol Caerdydd. "Together with Wondery, we will continue to bring more customers to streaming as we expand selection and ensure we are a destination for our customers to find, discover, and listen to the creators and artists they enjoy," Amazon's music team said in a blog post. Wondery, which produces popular podcasts such as Dirty John, Dr Death, and The Shrink Next Door, will be incorporated into Amazon Music, which is ramping up its efforts to compete with rivals like Spotify and began offering podcasts earlier this year. Amazon says it has signed a deal to acquire the hit podcast production firm Wondery, in a move which boosts the US tech giant's efforts to round out its offerings from its music platform.
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