Amazon acquires podcast hosting, monetisation company Art19

San Francisco: Hinting an expansion of its podcast footprint, Amazon has announced that it is acquiring a major podcast hosting and monetisation platform Art19.

The company didn’t disclose the price of the deal, but it did say the acquisition will allow Amazon to “expand our offerings and even better serve your podcasting needs”.

In addition to hosting podcasts, Art19 also operates an ad marketplace that allows for companies to target and place ads within shows, AppleInsider reported.