As Audacy drops off the Wall Street radar (delisting info HERE), the company plans to push back. A written request will be filed within 10 days, according to a widely distributed press notice. Audacy President and Chairman David Field has voiced a two-point plan. Click for details. Continue Reading
Audacy reported its fourth quarter earnings, and while earnings were up three percent for the year, expenses grew by twice that, pulling down the company’s EBITDA down six percent — “a far cry from what we had anticipated,” said Chairman and CEO David Field. Click through for lots of podcast-specific metrics. Continue Reading
Audacy and Veritonic have released SoundCreative, a whitepaper summary of research performed last year. The subtitle describes the work’s purpose: “How To Build Winning Audio Ads.” The consumer survey was combined with proprietary content analysis. Continue Reading
Boston-based serial entrepreneur Paul English has sold his latest venture, podcast discovery app Moonbeam, to Audacy, with plans to plow the proceeds into his newly launched startup incubator, the Boston Globe reported this week. According to the paper, “English declined to… Continue Reading
In Audacy’s Q1 earnings call, chief executive David Field revealed a general picture of digital growth: Podcasting +37%, and overall digital revenue +16%. A key focus was the launch of ADAN — the Audacy Digital Audience Network. Click for more. Continue Reading
Podcast database company Podchaser is announcing a new integration with Audacy, the 2nd largest U.S. commercial radio group and owner of podcast production brands Cadence13 and Pineapple Street Studios. The partnership is geared to providing additional value to Audacy clients and ad agencies. Continue Reading
Public media organization PRX today announced podcasts from its award-winning portfolio are now available free to audiences via Audacy, on the multi-platform audio company’s digital platform. Audacy has been piling content into its app recently. Click for more info. Continue Reading
In an interesting and inventive crossover, all of Audacy’s Top 40 stations will play a portion of Treat, a “podcast movie” produced by C13Features, on Hollywood night. C13Features is a unit within Audacy-owned Cadence13. It’s an homage to old-time radio drama … and, of course, a powerful podcast promotion. Click for details. Continue Reading
Equity research analyst at B. Riley Securities, Daniel Day, projected growth metrics for the second half of this year, and 2022, for three top radio groups — iHeartMedia, Audacy, and Cumulus Media. His “robust growth estimates” for digital revenue are his most bullish outlooks, with a particular focus on podcasting. Click for details. Continue Reading
Audacy, the largest commercial radio group in the U.S. and a major podcast network, has acquired WO Streaming — the digital audio streaming technology of media tech solutions company WideOrbit. This action probably (but without confirmation at this time) explains the $45-million mystery investment announced last week by Audacy. Click through for details and history. Continue Reading
Called The 11th, a new podcast from Audacy-owned Pineapple Street Studios, is starting with a monthly episode release date of — yes, the 11th of each month. That is the only structure of a show whose producers call a “mystery box.” Episodes are called editions, and can contain multiple episodes. Click to untangle. Continue Reading
HBO Max, which promotes 25 podcasts on its website, is planning a deeper push into original audio programming. One effort will be Batman: The Audio Adventures, in collaboration with Warner Bros. and DC Comics. The announcement was made at last week’s Podcast Movement conference in Nashville. Continue Reading