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Amazon splits up the Wondery podcast network and lays off about 110 employees
Amazon is splitting up the Wondery podcast network and distributing its titles across different teams.
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. Meanwhile, the celebrity-hosted shows such as New Heights with Jason and Travis Kelce and Armchair Expert with Dax Shepard will be rolled into a new team that Amazon is calling Creator Services. As video podcasting has grown in popularity, we have learned that creator-led, video-integrated shows have different audience needs and require distinct discovery, growth and monetization strategies compared with audio-first, narrative series," he wrote.
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