SonicMountain acquires podcasting company Odeo, reportedly for more than $1M

May 10, 2007 | Matt Marshall

New York’s SonicMountain, a new podcasting start-up that has yet to launch, has acquired Odeo, the early San Francisco podcasting site that launched in July 2005.

Odeo had become less of a focus for its owner, Evan Williams of late. Williams has launched a holding company, called Obvious, and has found more interest in other projects, including Twitter, also now under the Obvious roof. However, it has remained a destination for people interested in podcasts, and SonicMountain said it will continue to support Odeo and also use the site to deliver its own products.

Williams, who also built Blogger, now owned by Google, will act as an advisor during transition.

Techcrunch is reporting the acquisition was more than $1 million in cash.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.