Wondery

About Wondery

Wondery operates as a premium podcast network, recognized for its production of immersive, character-driven audio content across a variety of genres. The company was established in 2016 by Hernan Lopez, a seasoned media executive who previously served as the CEO of Fox International Channels. His extensive background in growing international media properties, including overseeing a $3 billion revenue division and pioneering the global release of major TV shows, provided a strong foundation for Wondery's content strategy. The company's business model is twofold, generating revenue through advertising on its widely available podcasts and through its premium subscription service, Wondery+. The free, ad-supported model allows broad audience access across various podcast platforms, while Wondery+ offers subscribers ad-free listening, early access to new episodes, and exclusive bonus content for a monthly or annual fee.

A significant milestone in the company's history was its acquisition by Amazon in a deal that closed in early 2021, integrating Wondery into the Amazon Music division. This move was positioned to accelerate the growth of podcasts on Amazon's platform, providing Wondery with substantial resources to expand its content production and global reach. Following the acquisition, founder Hernan Lopez stepped down as CEO, and Jen Sargent, previously the COO, took the helm. The company’s strategy focuses on producing high-quality, narrative-driven podcasts that often lend themselves to adaptation for television, a successful approach that has seen several of its popular shows like "Dr. Death," "The Shrink Next Door," and "WeCrashed" turned into streaming series. This cross-platform strategy not only creates new revenue streams but also drives listenership back to the original podcasts.

Wondery's service caters to a broad audience with a diverse content library that includes true crime, business, history, entertainment, and kids' programming. Notable original and partner shows include "Business Wars," "American Scandal," "Morbid," and "How I Built This." In addition to its primary subscription, Wondery has also launched Wondery+ Kids, a separate subscription service available on Apple Podcasts aimed at listeners aged four to twelve. The network continues to expand its content slate and international presence through strategic partnerships and by leveraging the distribution power of Amazon.