...
...
Next Story

Amazon signs deal to acquire podcast startup Wondery: Report

Amazon announced the details about the detail on its blog post, stating that the deal hasn’t closed yet. It further stated that Wondery is a hit podcast publisher known for producing top-rated podcasts that entertain and educate listeners.

Published on: Jan 2, 2021, 14:32:56 IST
Advertisement

Tech company Amazon recently revealed that it has signed a deal to acquire podcast production firm Wondery.

Amazon said that it hopes to bring more customers to streaming with its new expansion. (Reuters File Photo)
Amazon said that it hopes to bring more customers to streaming with its new expansion. (Reuters File Photo)

According to Mashable, the move is aimed towards expanding its efforts to provide more offerings to users from its music platform Amazon Music.

Amazon announced the details about the detail on its blog post, stating that the deal hasn’t closed yet. It further stated that Wondery is a hit podcast publisher known for producing top-rated podcasts that entertain and educate listeners, including ‘Dirty John,’ ‘Dr. Death,’ ‘Business Wars,’ and “The Shrink Next Door.’These will now be included in Amazon Music.

Also, the deal does not affect the way users access Wondery podcasts and they will be to do so via different providers. However, Wondery will be providing more high-quality content on Amazon Music.

As per Mashable, the blog states that this new deal is a pivotal moment for the e-commerce giant to boost its Amazon Music expansion by offering a lot more services beyond music.

Amazon said that it hopes to bring more customers to streaming with its new expansion and that it will ensure it’s a platform for people “to find, discover, and listen to the creators and artists they enjoy”.

 
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
SHARE THIS ARTICLE ON
Notifications

Get breaking alerts directly from the newsroom

Notifications are on!You'll be notified when news breaks