TIDMBOOM

Audioboom Group PLC

22 March 2021

REACH

Audioboom Group plc

("Audioboom" or the "Company")

Audioboom climbs rankings to 4(th) biggest podcast publisher in US

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce that it is now ranked the fourth largest US podcast publisher based on the number of average weekly users according to Triton Digital's February 2021 Podcast Report.

Triton Digital rates podcast publishers based on unique audience reach as well as weekly downloads. Audioboom averaged 3.8 million weekly users during the latest reporting period and moved above Cumulus Media/Westwood One and AdLarge/Cabana.

Audioboom continues to rank in fifth place on Triton's weekly downloads ranker.

Since joining Triton Digital's ranker in May 2020, the Company has added more than 1.5 million weekly users - an increase of 71%.

The Triton Digital reports only measure Audioboom's premium tier of podcasts that are monetised through high-value host endorsements. More than 8,000 additional podcast channels are published by Audioboom and are monetised by programmatic advertising or subscription payments.

Audioboom's CEO, Stuart Last, commented: "Ranking as the fourth largest US podcast publisher is an incredible achievement for the Company, given the size and strength of our competitors. Our content-focused expansion strategy is working well, with our growth in early 2021 setting us up for a strong year ahead."

Enquiries

 
 Audioboom Group plc 
 Stuart Last, Chief Executive Officer         Tel: +44(0)300 303 
  Brad Clarke, Chief Financial Officer         3765 
 
 Allenby Capital Limited (Nominated Adviser   Tel: +44(0)20 3328 
  and Broker)                                  5656 
 David Hart/Alex Brearley/Asha Chotai 
  (Corporate Finance) 
  Guy McDougall / Amrit Nahal (Sales and 
  Corporate Broking) 
 

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded more than 85 million times each month by 25 million unique listeners around the world. Audioboom is ranked as the fourth largest podcast publisher in the US by Triton Digital.

Audioboom's ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including 'Casefile True Crime' (US), 'Morbid' (US), 'True Crime Obsessed' (US), 'The Morning Toast' (US), 'No Such Thing As A Fish' (UK), and 'The Cycling Podcast' (UK).

The Audioboom Originals Network is a slate of content developed and produced by Audioboom including 'Baby Mamas No Dramas', 'Covert', 'It's Happening with Snooki & Joey', 'Mafia', 'Huddled Masses' and 'What Makes A Killer'.

Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia. For more information, visit audioboom.com. The platform allows content to be distributed via Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook and Twitter as well as a partner's own websites and mobile apps.

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAGPUWPWUPGGAB

(END) Dow Jones Newswires

March 22, 2021 03:00 ET (07:00 GMT)

Audioboom (LSE:BOOM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Audioboom Charts.
Audioboom (LSE:BOOM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Audioboom Charts.