Luminary launches with controversial tumult, delivers a modest start

After much speculation and apprehension, in which Luminary was fearfully criticized as a potentially ruinous force in podcasting which could blot out traditional free listening, the app is in hand. As of today, Luminary is a routine podcatcher that presents “hundreds of thousands” of shows, and offers a premium subscription for original, ad-free programs laced with celebrity names. Continue Reading

Key positioning statements in iHeartMedia’s IPO filing

As we reported yesterday, iHeartMedia is striking out on Wall Street with an IPO. How the new stock will fare in iHeart’s post-bankruptcy phase is anyone’s prediction. The company is pushing a message of its size and positioning through key quotes, assertions, and attitudes manifest in iHeart’s S-1 SEC filing which declared the IPO intent. Continue Reading

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Audioboom earns $4.6M in Q1

Audioboom, which trades on the London stock exchange, filed an optional quarterly earnings update (formally called a “Trading Update”) to publicize eye-popping year-over-year financial performance. In Q1 2019 the London-HQ’d Audioboom earned U.S. $4.6-million, up 180% from the Q1 2018… Continue Reading