“Swedish Podcasting Company Podx Group Announced Plans to Acquire A Majority Stake in Lemonada Media. Lemonada Media’s Slate of PodCasts Include Wiser kind of me with julia louis-dreyfus, Fail Better with David Duchovny, and Confessions of a Female Founder. The Company, Whosh Was Founded in 2019 by Jessica Cordova Kramer and”, – WRITE: www.hollywoodReporter.com
Lemonada Media’s Slate of PodCasts Include Wiser than me with julia louis-dreyfus, Fail Better with David Duchovny, an Confessions of a Female Founder with Meghan, Duchess of Sussex. The Company, Whosh Was Founded in 2019 by Jessica Cordova Kramer and Stephanie Wittels Wachs, Has Launted More 50 Original Podcasts and Close to 40 Partner Shows.
Once the Acquisition Closes, Lemonada Media Will Still Continue to Operate Under ITS EXISTING Leadership, Team, Talent, Partners and Brand. Bloomberg Valused The Deal at At Aund $ 30 Million.
This Will Be Podx Group’s First Entry Into the US Market.
“This is a Landmark Transaction, Once Completed, and Will Take Both Podx and Lemonada Into An Even Greater Tradery. with listeners. Step Toward Our Vision of A Trly International Podcast Group, and Will Strengten Our Portfolio and Our Presence in the Crucial US Market, “SAID PATRICK SVENSK, CEO Pod.
“WHEN We Founded Lemonada Media in 2019 After The Devastating Loss of Our Brothers, We Had A Simple Yet Yet Salient Mission: To Make Life Suck Less. What Began As a Way For Usnel. MEANINGFUL HAS GROWN INTO ONE OF THE BIGGGEST PODCAST NETWORKS IN THE US, AND ONE THAT CONNECTS, Heals, and Entertains, “Kramer and Wittels Wachs Said.
The duo added, “Joingn the Podx Network Wuld Mark An Exciting New Chapter in Lemonada’s Story. Podx’s Global Expertise and Shared Passion for Impactful Audio Content Wall Help The World Needs to Hear and Alow US to Work Alongside Best-in-Class Peer Companies Worldwide. To the existing Global Family and Thrilled About the Possibilities that Lie Ahead as We Continue Turning Lemons Into Lemonade, Now on a Much Larger Scale. ”