Amazon Buys Podcast Startup Wondery

Amazon announced on Wednesday that it is acquiring podcast startup Wondery, marking another major push into audio content for the company.Amazon began offering podcasts on its Amazon Music Service in September 2020.

Amazon’s purchase of Wondery, which was the largest independent podcast company on the market, could help it better compete with rivals such as Spotify and Apple in the increasingly lucrative podcast market.

Amazon already owns Audible, a podcast and audiobook service that also boasts its own original contentTerms of the deal were not disclosed.“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,” Amazon said in a statement.Wondery, which was founded in 2016, offers a variety of popular podcasts, including “Dirty John,” a true crime story about an abusive man, “Dr.

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