Amazon.com Inc. has entered exclusive talks to purchase independent podcast producer Wondery, the Wall Street Journal reported on Tuesday.
The deal would value Wondery at more than $300 million, unnamed individuals with knowledge of the talks told the Journal, emphasizing that negotiations were ongoing and could collapse. According to the story Wondery was valued at $100 million in June 2019 and is expected to increase revenue to more than $40 million in 2020.
Amazon and Wondery refused comment on the reported talks.
Wondery, whose biggest hits are true-crime stories such as “Doctor Death,” “Dirty John” and “Over My Dead Body,” was the sixth most-popular podcast publisher in the U.S. in September, audio analytics firm Podtrac reported.
The “Dirty John” podcast was produced in partnership with the Los Angeles Times based on a print series reported by staff writer Christopher Goffard. A “Dirty John” TV series, based on the life of con artist John Michael Meehan, starred Eric Brana and Connie Britton and launched on Bravo in November 2018.
Leave a Reply