Amazon Agrees to Buy Podcast Startup Wondery

Amazon.com Inc. said it has agreed to obtain podcast producer Wondery, the online retail giant’s most recent move to boost its audio provisions.Amazon didn’t disclose the purchase price, but a person familiar with the matter said it was concerning $300 million. The Wall Street Journal earlier this month reported Amazon was in exclusive talks to acquire Wondery.Founded in 2016, Wondery is one of a few audio startups that succeeded in recent years as podcasting caught on with advertisers and listeners. Wondery is known for its gritty, narrative-fueled podcasts that add cinematic sound design to nonfiction stories.Amazon said acquiring Wondery-the creator of true-crime shows like “Dr. Death, “Dirty John” -would allow the company to deepen its podcast offerings.