Casted, maker of branded audio and video podcasts, raises $7M Series A funding

Casted, which calls itself an first Amplified Marketing Platform for B2B marketers, has raised seven million dollars in a Series A round led by Revolution Ventures. Other investors include High Alpha Capital, Elevate Ventures, and Tappan Hill Ventures. The company quadrupled revenue in 2020, and one key investor predicts a multi-billion dollar sector. Continue Reading

Within ad-supported audio, podcasting has greater “share of ear” than Spotify/Pandora (Edison)

Pierre Bouvard, Chief Insights officer at Westwood One, is back at it in the company blog, divulging results of the subscription Share of Ear consumer survey conducted by Edison Research. One of Bouvard’s key points in this latest blog post is the time-spent leadership of podcasting over ad-supported Spotify Free and Pandora. Click through for that infograph, and more. Continue Reading

Newly named Audacy app leaps into action with exclusive binge release of new podcasts

Audacy, the new branding of both Entercom radio group and its RADIO.COM listening app, is pushing its new identity into the public sphere today by announcing the two new podcasts from subsidiary Pineapple Street Studios. The shows will enjoy exclusive full-series binge listening on Audacy, while outside podcast apps will distribute normal RSS feeds on a weekly cadence. Continue Reading

Libsyn raises $25M and will acquire AdvertiseCast

Libsyn, one of the world’s largest podcast hosting companies, announces today that it will acquire AdvertiseCast, a podcast ad planning and buying platform. The purchase is supported by $25-million in funds that the publicly traded company raised privately. While this funding is apparently motivated chiefly to enable the AdvertiseCast purchase, the investment is also intended “to provide Libsyn with additional capital for other strategic acquisitions.” Continue Reading

NPR releases finalists in Student Podcast Challenge for college students during Covid

NPR announces the finalists in the netwrok’s most recent Student Podcast Challenge, targeted to college students for the first time. Fascinatingly, the contest intersected the Covid pandemic, a collision might have given students more time to focus on audio projects, and definitely influenced the content. Click through for links to each submission for listening. Continue Reading