![]() ![]() The company was valued at 100 million in July 2019. The talks valued Wondery at over 300 million, according to the publication. But Clark said the key is being able to keep growth up, and to retain and broaden a subscriber base. on December 2 that Amazon was in talks to buy the podcast maker. Wondery, along the lines of many contemporaries, has seen a boost from the general trend in podcasting in recent years, generating revenue from advertising fees as well as licensing fees and the optioning of rights to big media companies like AT&T and The Walt Disney Company, WSJ reported.Ĭompanies based on subscriptions have been big since the pandemic hit, Recurly executive Emma Clark said in a conversation with PYMNTS.Ĭlark said consumers are looking for fresh avenues of entertainment and education that could be considered safe in the current environment, allowing customers to consume things without having to spend too much time in the offline world. Wondery attracted more than 60 million downloads and streams of its various shows in September, surpassed only by luminary names like NPR, iHeartMedia and The New York Times, according to WSJ. podcast publisher in September, according to numbers from market watcher Podtrac, per WSJ. Wondery is known for true-crime podcasts like “Doctor Death,” “Dirty John” and “Over My Dead Body,” and it was the sixth-most-popular U.S. WSJ reported Wondery is one of the last independent companies in the popular podcast market, potentially making it the final major option for a big tech company to buy into the field. WSJ cited unnamed sources as saying the talks have valued Wondery at over $300 million - a big increase from the podcast company's value at its last funding round in June 2019, which priced the firm at about $100 million. ![]() This means if you are a user, you can access shows on Spotify, Apple Music, and a whole lot of other podcast streaming services.Amazon is in talks to purchase of podcast maker Wondery, a startup that could help the tech giant push more into the burgeoning podcast sector, The Wall Street Journal (WSJ) reported Wednesday (Dec. Amazon notes that after this deal, the existing Wondery shows will continue to be available on all of the existing platforms and not restricted to Amazon Music exclusively. Earlier this month, the Wall Street Journal reported that Amazon was in talks to buy Wondery in a deal worth over 300 million. Terms of the deal, under which the Wondery team will join the Amazon Music group, were not disclosed. Delia realizes the potential significance of the Pelleys. It goes deep into the lives of people who took part in that day. As per the blog post announcement, content from Wondery will be available on Amazon Music, which received support for podcasts in September 2020. Amazon announced that it inked a deal to acquire Wondery, a four-year-old podcast producer. From critically acclaimed podcast studios Pineapple Street and Wondery comes a new 8-part series called Will Be Wild that shines a light on the human stories left out of the headlines. Wondery is one of the top five podcast publishers in the US and is home to noted podcast shows such as Dr. And now, popular podcast network Wondery is joining the list with the announcement of its acquisition by Amazon. Some of these services include established brand names such as Audible, Kindle, Amazon Music, Prime Video, and Prime Music. Besides the online and offline retail and logistics business, it has a plethora of entertainment services under one umbrella. When you make a purchase using links on our site, we may earn an affiliate commission.Īmazon is the second most valued company in the US. Readers like you help support XDA Developers. ![]()
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