Amazon.com Inc said it would acquire podcast startup Wondery. Recently, 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. “With Amazon Music, Wondery will be able to provide even more high-quality, innovative content and continue their mission of bringing a world of entertainment and knowledge to their audiences, wherever they listen.”
“When the deal closes, nothing will change for listeners, and they’ll continue to be able to access Wondery podcasts through a variety of providers,” Amazon added.
Amazon Music has launched several million episodes of free podcasts in September. Recently, Amazon-owned Audible added about 100,000 podcast shows, encompassing 5 million episodes.
Last month, Bloomberg News reported that both Apple Inc and Sony Music Entertainment have held talks about acquiring Wondery.
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