Overview

• PodX Group, a Stockholm-based podcast company, announced the acquisition of a majority stake in Minneapolis-based Lemonada Media for approximately $30 million.
• This acquisition represents PodX’s first foray into the U.S. market, expanding its international podcast network into North America.
• Lemonada Media, founded in 2019, has produced over 50 original podcasts and nearly 40 partner shows, including series with Julia Louis-Dreyfus, David Duchovny, and Meghan, Duchess of Sussex.
• Lemonada will retain its leadership, staff, and brand, with co-founders Jessica Cordova Kramer and Stephanie Wittels Wachs continuing to lead operations post-acquisition.
• The partnership aims to leverage PodX’s global expertise to amplify Lemonada’s mission-driven storytelling and expand its reach to international audiences.