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News

Amazon breaks up its podcast studio and Lay's off over 100

Insider · 1d
Memo: Amazon breaks up its podcast studio and lays off over 100
Amazon is breaking up its Wondery podcast studio as podcast consumption moves to video and celeb-driven shows, letting about 110 people go.
Engadget on MSN · 2d
Amazon splits up the Wondery podcast network and lays off about 110 employees
Four years after Amazon’s acquisition of podcast network Wondery, the tech giant is dismantling its $300 million purchase and reorganizing various audio properties into separate teams at the company. As first reported by Bloomberg, this reorg will see the studio lose about 110 employees, and CEO Jen Sargent is departing the company.
The New York Times · 2d
Amazon Shifts Its Podcast Strategy, Eliminating 100 Wondery Jobs
Wondery’s audio-only podcasts — such as the true-crime hits “Dr. Death” and “Dirty John” — will be now be overseen by Audible, the audiobook arm of Amazon, and earn money primarily through subscriptions.
18hon MSN

Behind Wondery’s Break Up: Maximizing Podcast Profit Amid YouTube’s Video Dominance

The podcasting company, which saw 110 layoffs, is the latest to pivot as the Google-owned video platform ecosystem pushes ...
1don MSN

Restructuring Wondery: Amazon Exec Steve Boom on the Company’s Mission to Consolidate Podcasts and Focus on Celebrity-Led Titles

In a crowded market, stars shine brightest. This was Amazon’s guiding principle in the restructuring of its audio ...

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