PodX Acquires Lemonada Media for $30 Million

Swedish audio conglomerate PodX Group is acquiring a majority stake in Lemonada Media, marking PodX’s first entry into the U.S. market. Lemonada, founded in 2019 by Jessica Cordova Kramer and Stephanie Wittels Wachs, has become one of the top independent podcast networks in the U.S., known for shows like Wiser Than Me, Fail Better, and Confessions of a Female Founder. The company has launched over 50 original podcasts and nearly 40 partner shows, and will retain its leadership and brand under PodX’s ownership. The deal, valued at around $30 million according to reports, is expected to close in the second half of 2025 and will give Lemonada access to PodX’s international resources. Both companies see the partnership as an opportunity to amplify impactful audio content and expand their global reach. Lemonada’s founders described the acquisition as an exciting new chapter that aligns with their mission to connect, heal, and entertain.