Amazon Shuts Wondery Studio, Moves Podcasts to Audible
Amazon Shuts Wondery Studio, Moves Podcasts to Audible

Amazon Shuts Wondery Studio, Moves Podcasts to Audible

News summary

Amazon is dismantling its Wondery podcast studio, resulting in about 110 layoffs and the exit of CEO Jen Sargent, as part of a major restructuring. Narrative-driven podcasts such as 'Dr. Death' and 'Business Wars' will move to Amazon's Audible division, while creator-led shows like 'New Heights' and 'Armchair Expert' are being shifted to a new creator services unit within Talent Services. The Wondery brand will continue only for select creator-led shows and its subscription app, with much of the original team and operations integrated elsewhere in Amazon. This move responds to industry trends favoring video-centric and celebrity-hosted podcasts and comes amid competition from Spotify and YouTube. Amazon acquired Wondery in 2020/2021, but the company acknowledges its podcast strategy has underperformed. The reorganization is intended to better support creators and advertisers as podcast consumption habits evolve.

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+5
Left 56%
Center 44%
Coverage Details
Total News Sources
11
Left
5
Center
4
Right
0
Unrated
2
Last Updated
22 days ago
Bias Distribution
56% Left
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