Fri 01 January 2021:
Amazon is jumping into the podcast business.
The online shopping giant is buying Wondery, a 4-year-old producer of popular true crime podcasts such as “Dr. Death” and “Dirty John,” which was later turned into a TV series.
An explosion of new podcasts has led to a number of acquisitions as competing platforms try to grow their audiences and their ad revenue. The music streaming platform Spotify bought two podcast companies in 2019 and it’s added high-profile hosts to its roster, including Prince Harry and Meghan Markle.
Wondery podcasts will be part of Amazon’s music streaming service, but it will still be available on other platforms as well.
“This is a pivotal moment to expand the Amazon Music offering beyond music as listener habits evolve,” Amazon said in a blog post Wednesday.
Terms of the acquisition were not released.
VACCINE PASSPORTS FOR
BIG VENUES THIS MONTH
HAT WITH DNA EVIDENCE
PREVIEWS IN HONG KONG
PRICE CUT SIGNALS
DEMAND SLIP IN ASIA
AGAINST NON-COMPLIANT
CRYPTOCURRENCY COMPANY
LEADER GEELANI CHARGED
UNDER ANTI-TERROR LAW
JHARKHAND ASSEMBLY AS BJP
PROTESTS NAMAZ ROOM
ESCAPE FROM HIGH-SECURITY
ISRAELI PRISON
HAVE 1.2BN SURPLUS
COVID VACCINE DOSES
AFGHANISTAN’S PANJSHIR
-TALIBAN
OF MASS DECEPTION
FOLLOW INDEPENDENT PRESS:
TWITTER (CLICK HERE)
https://twitter.com/IpIndependent
FACEBOOK (CLICK HERE)
https://web.facebook.com/ipindependent
Think your friends would be interested? Share this story!
