![]() Fox said in a 2017 trial that it didn't know about or approve any bribes. Amazon didn't comment on the charges against Mr. Lopez worked, Fox International Channels, was absorbed by Walt Disney Co. indictment "alleges nothing remotely improper." Lopez, Matthew Umhofer, told the Journal earlier this year that the U.S. Lopez was charged with participating in an alleged scheme to pay millions of dollars in bribes to soccer officials in exchange for broadcasting rights when he was an executive at Fox Sports. Lopez will focus on the Hernan Lopez Family Foundation, a new initiative aimed at combating systemic bias and racism, the people said. Lopez's departure, the people said.Īfter the deal closes, Mr. Jen Sargent, the company's chief operating officer, will take over management of Wondery upon Mr. ![]() Wondery Chief Executive Hernan Lopez will be leaving the company after the deal closes, according to people familiar with the matter. And earlier this year, the New York Times announced the acquisition of Serial Productions, maker of the hit podcast "Serial." purchased podcasters Pineapple Street Media and Cadence13. Last year, radio company Entercom Communications Corp. Spotify Technology SA recently bought Gimlet Media, the Ringer and Parcast, expanding its capacity for producing and monetizing podcasts.ĭow Jones & Co., publisher of the Journal, has a content partnership with Spotify's Gimlet unit. Several other podcast startups have been acquired in recent years as technology, radio and news companies seek new listeners. Wondery will be joining Amazon Music, the division of the company that offers listeners music-streaming and podcasts. Wondery podcasts will continue to be available to listeners on a variety of platforms for free when the deal closes, Amazon said. ![]() Death," "Dirty John" and "The Shrink Next Door" - would allow the company to deepen its podcast offerings. Wondery is known for its gritty, narrative-driven podcasts that apply cinematic sound design to nonfiction stories.Īmazon said acquiring Wondery - the maker of true-crime shows like "Dr. Together with Amazon, we look forward to continuing to bring a world of entertainment and knowledge to you,” Wondery said, adding that the agreement is still to be finalized with the transaction subject to customary closing conditions.Founded in 2016, Wondery is one of several audio startups that blossomed in recent years as podcasting caught on with advertisers and listeners. “We are excited to announce we have signed a deal to join Amazon. ![]() Death, The Shrink Next Door, and Business Wars, raised $10 million in a Series B funding round in June last year, in an agreement that priced the podcast network at more than $100 million. Wondery, the maker of hits such as Dirty John, Dr. According to Grand View Research, a San Francisco-based market research and consulting firm, the industry was estimated at $9.28 billion last year and is projected to expand at an annual rate of 27.5 percent from 2020 to 2027. The global demand for podcasts is thriving. “This is a pivotal moment to expand the Amazon Music offering beyond music as listener habits evolve … we will continue to bring more customers to streaming as we expand the selection,” the company said. The tech giant said that through this partnership, it seeks to “accelerate the growth and evolution of podcasts” by bringing creators, hosts, and immersive experiences to listeners across the globe. The agreement helps Amazon to extend its current original audio content collection and strengthen its competitive position against Apple and Spotify, which have doubled their investment in podcasts. ![]() “With Amazon Music, Wondery will be able to provide even more high-quality, innovative content and continue their mission of bringing a world of entertainment and knowledge to their audiences, wherever they listen,” it added. ![]()
0 Comments
Leave a Reply. |