Amazon acquires podcast platform Wondery to take on Spotify
Shortpedia
Content TeamImage Credit: shortpedia
To take on Swedish music streaming giant Spotify, Amazon has acquired podcast publisher Wondery, one of the last major independent podcast networks, for an undisclosed sum. An earlier Wall Street Journal report suggested that Wondery's value was at least $300 million. According to Amazon, the deal is yet to be finalised and nothing is changing for the listeners. Wondery would be part of Amazon Music.