Audioboom sales fall 20 per cent as it ramps up advertising capacity October 16, 2023 Audioboom has posted a drop in revenue due to the fragile advertising market and the ongoing impact from the loss of a hit show last year.
Audioboom hopes new ad strategy will power recovery as it reports net loss July 19, 2023 Podcasting platform Audioboom today posted a net loss of $1.8m (£1.4m) for the first half of the year, but said that its new advertising strategy would see the firm “emerge from the economic downturn in a position of strength”. Revenue for the first half of the year came in at $31.8m (£24.6m), down from $40.9m [...]
P1 with Matt & Tommy podcast: Taking the jump and ‘dull’ F1 dominance July 8, 2023 It’s never easy leaving an establishment behind and going it alone, but that’s exactly what Formula 1 fans Matt Gallagher and Tom Bellingham did when they ditched WTF1 for their startup, P1. And in the five months since the inception of P1 with Matt & Tommy, the duo have racked up over 4m listens and [...]
YouTube stars including KSI and Sidemen invest £1.5m in emerging video-podcast studio July 6, 2023 The Fellas Studios, a production company owned by popular YouTubers Callum Airey and Joshua Larkin, has received £1.5m in investment as the brand is set to put ‘video podcasting’ on the map. The burgeoning studio has said it is the “fastest-growing” video podcast house in the UK after it gained significant financial support from YouTube [...]
Podcaster Audioboom see revenues increase to £60m but advertising headwinds could mean future layoffs January 23, 2023 Podcast platform Audioboom today said it boosted its revenues to become America’s fourth largest publisher, but its boss has hinted at mass job layoffs. The company’s chief executive however hinted that job cuts could be on the horizon as vowed to control costs and “restructure” Audioboom’s sales team. The online distribution platform said its revenues [...]
Podcast is the new radio for mature millennials April 20, 2022 Podcasts have well and truly entered the mainstream, with a quarter of Brits counting themselves as regular listeners.
Digital audio revenues up by 520 per cent as publishers show ‘continued determination’ December 14, 2021 A new report published today shows a 31 per cent boost in publishing revenues in the third quarter of 2021 to £149.4m thanks to a colossal rise in digital audio, as well as the continued determination of publishers.
The City View with MoneyWeek and Avado October 7, 2021 In this episode Andy Silvester speaks to Mark Creighton of professional development firm Avado Learning and John Stepek, Executive Editor of MoneyWeek.