#Amazon Music

.Seattle, WA, USA
Amazon CEO Jeff Bezos started the company in 1994 (Photo Credit:AFP)

  • Head of Amazon Web Series Andy Jassy will be taking over as the CEO
  • Bezos will transition into executive chair of Amazon
  • Amazon reported a profit of $7.2 billion in the last quarter of 2020 with a 44% jump in revenue 

.San Francisco, CA, USA
Amazon is expanding its Music streaming product. (Photo credit :Representational/ Unsplash)

  • Wondery produces popular podcasts such as "Dirty John," "Dr. Death," and "The Shrink Next Door"
  • Terms of the deal were not disclosed
  • The move comes with Amazon facing increased scrutiny from antitrust enforcers