Amazon

Podcast Startup Wondery To Be Aquired By Amazon

Amazon Music to Acquire Podcast Startup Wondery

Amazon Music has agreed to buy podcast studio Wondery in a bid to bolster its fledgling audio business. (THR)

Amazon Music in September added podcasts to its platform, looking to carve out a share of the increasingly competitive podcasting market, in which Spotify, Apple and others have gained ground. Terms of the deal weren’t disclosed. (CNBC)