Global audio content development and investment company PodX (formally PodX Group) has announced its acquisition of pod studio Lemonada Media.
In its announcement (HERE) the PodX raves about Lemonada: “Lemonada Media experienced skyrocketing revenue and audience growth last year, and is among the top three independent podcast networks based on audience and revenue size alone.”
For the Stockholm-based PodX, this move is its first foray into the U.S. market.
“This is a landmark transaction,” asserted PodX CEO Patrick Svensk. “Lemonada has built an extraordinary podcast network with talent and stories that resonate deeply with listeners.”
Lemonada Media started in June, 2019 (RAIN HERE) by Jessica Cordova Kramer, a lawyer and executive producer for Pod Save the People. Stephanic Wittels Wachs, an author, actor, and arts educator, was co-founder.
Lemonada is well known for several pod hits which include Wiser Than Me with Julia Louis-Dreyfus, Fail Better with David Duchovny, and Confessions of a Female Founder with Meghan, Duchess of Sussex.
“PodX’s global expertise and shared passion for impactful audio content will help amplify the voices and stories we believe the world needs to hear and allow us to work alongside best-in-class peer companies worldwide.” — Jessica Cordova Kramer, CEO Lemonada Media & Stephanie Wittels Wachs, CCO Lemonada Media.
PodX was founded in 2021.
