Amazon is somewhat a late entrant to the podcast space. Wondery has about 20 million monthly unique listeners. Amazon.com Inc said on Wednesday it would attain podcast startup Wondery to strengthen non-musical content also on its Amazon Music app.
Earlier this month, the Wall Street Journal reported said that the companies were in agreement talks, pegging Wondery at a valuation of more than $300 million. The important area for Spotify Technology, which has been investing in Netflix for their audio content.
Wondery has outstanding podcasts like ‘Dirty John’, ‘Dr. Death’, and ‘Business Wars’ which has about 20 million monthly unique listeners. Last month, Bloomberg News said that both Apple Inc and Sony Music Entertainment talks about acquiring Wondery.