Entercom buys indie marketplace Podcorn, adding to podcast holdings

Entercom, the second biggest commercial U.S. radio group, has bought Podcorn, a marketplace which connects indie podcasts with advertisers and agencies. With this acquisition Entercom adds to its podcast holdings which include Cadence13 and Pineapple Street Studios. Entercom hopes to identify talented podcasters deserving of bigger spotlights. Continue Reading

Entercom: No plan to divest podcast acquisitions (à la Scripps)

In Entercom’s Q4 earnings call this week, podcasting was prominently referenced as part of the company’s digital initiatives. One investor asked whether selling off podcast acquisitions Cadence13 and Pineapple Street Studios might be in the future, if the acquisition value of those outfits exceeded their revenue potential. CEO David Field’s answer was definitive. Continue Reading