Podcast network Wondery acquired by Amazon

Wondery will be part of Amazon Music after Amazon just announced that it had acquired it, the network behind podcasts including “Dirty John” and “Dr. Death,” which had added podcast support in September.

At the same time, the advertisement claims that “nothing will change for listeners” and that the network’s podcast will continue to be available from “a variety of service providers”.

Amazon wrote: “With Amazon Music, Wondery will be able to provide more innovative and quality content and continue its mission to bring a world of entertainment and knowledge to its audience, wherever it listens.”

Amazon is relatively late in this market, but it will now have the support of the popular podcast maker as it catches up.

All media companies and podcast platforms are making big bets on podcasts, with Spotify making a series of acquisitions including the Gimlet podcast network, SiriusXM’s acquisition of Stitcher, and The New York Times’ acquisition of Serial Productions.

The Wall Street Journal reported earlier that the acquisition talks were under preparation, and that those talks estimated Wondery’s value at $ 300 million, as the financial terms were not disclosed yet.

The startup was founded in 2016 by former Fox CEO Hernan Lopez. Numbers from Podtrac ranked it the fourth-largest podcast publisher in November, with an audience in the United States of over 9 million unique listeners.

According to Crunchbase, Wondery had raised $ 15 million in financing from Advancit Capital, BDMI, Greycroft, Lerer Hippeau, and others.

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