FILE PHOTO: Amazon's JFK8 distribution center in Staten Island, New York City
FILE PHOTO: The Amazon logo is pictured outside the company’s JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid/File Photo

December 2, 2020

(Reuters) – Inc is in talks to buy podcast startup Wondery with a valuation of over $300 million, the Wall Street Journal reported on Wednesday citing people familiar with the matter.

Deal talks are ongoing and negotiations could still fall apart, the report said

Last month, Bloomberg News reported that both Apple Inc and Sony Music Entertainment have held talks about potentially buying Wondery, which is seeking $300 million to $400 million in a possible sale.

Amazon and Wondery did not immediately respond to Reuters requests for comment.

(Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber)

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