Todd Spangler NY Digital EditorWondery has been swallowed by Amazon — and the e-retailing giant’s deep pockets and global reach promise to accelerate the podcast publisher’s growth.Amazon Music announced its deal to buy the four-year-old podcast startup in December 2020, in a deal reportedly worth around $300 million.
After the acquisition closed Feb. 10, Jen Sargent — a longtime media exec who was Wondery’s COO — stepped into the CEO role.
She replaced founder Hernan Lopez, who left the company to focus on his recently announced Hernan Lopez Family Foundation.According to Sargent, Wondery ended 2020 at about 80 employees, and the company plans to nearly double that this year, with a particular focus on expanding the development team..
Read more on variety.com