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Amazon folds Wondery

Amazon Reports Second Quarter Earnings, Returns to Double-Digit Revenue  Growth - Tekedia

Amazon takes off  Wondery: "Amazon is dissolving its Wondery podcast network as it looks to better compete with increasingly video-driven offerings from Spotify and YouTube. The move will result in 110 job losses and the exit of its CEO, Bloomberg reported, citing anonymous sources and an internal memo, respectively. Some Wondery productions will be shifted to Amazon's Audible brand, while personality-driven series, such as Jason and Travis Kelce’s podcast, will join a new “creator services” team at the e-commerce giant. Amazon bought Wondery for about $300 million in 2020, during the podcast rush._ - LinkedIn