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Rumor Fact(ory): Wondery for sale

Bloomberg is reporting that podcast network Wondery is for sale, hopin to attract a buyer in the $200-400-million range. This according to unidentified sources for the Bloomberg report.

According to those sources, Wondery revenue will surpass $40-million this year. Podcast hits the company has created include Dr. Death, Dirty John, and Business Wars. In Triton Digital’s U.S. Podcast Report, Wondery holds down the #4 spot both in average weekly users and average weekly downloads, among networks measured by Triton.

Wondery operates mainly an advertising-supported content business, but also offers ad-free subscription listening via a dedicated app.

Existing investors include Greycroft Partners, Advancit Capital and Waverley Capital.

 

Brad Hill

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