Wednesday, December 2, 2020

Report: Amazon In Talks To Buy Wondery

A new report this morning, from Bloomberg, says that Amazon is in exclusive talks to acquire Los Angeles-based podcasting publisher Wondery. Terms of the possible deal have not been released. Wondery has reportedly been looking for a buyer since early in November, seeking anywhere from $300M to $400M. Wondery is backed by Waverley Capital, Lerer Hippeau, Greycroft, BDMI, Advancit, Water Tower Ventures, and Powerhouse Ventures.