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Amazon Agrees to Acquire Wondery in Deeper Push Into Podcasting
- Purchase follows sale process that drew Apple, Sony interest
- Audiobook leader Amazon launched podcasts in September
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Amazon.com Inc. agreed to acquire podcasting company Wondery, as the dominant audiobook purveyor moves to strengthen in another sound-based medium.
“This is a pivotal moment to expand the Amazon Music offering beyond music as listener habits evolve,” the Seattle-based retail and media giant said in a statement Wednesday. Financial terms weren’t disclosed.