Brief: Auddia Details Expected Synergies Of Proposed Acquisition Of Radio FM
29/02/2024 13:05
Feb 29 (Reuters) - Auddia Inc AUUD.O :
* AUDDIA DETAILS EXPECTED SYNERGIES OF PROPOSED ACQUISITION
OF
RADIO FM
* AUDDIA INC - EXPECTS NO INTERRUPTION TO ACQUIRED AD
REVENUE AND
CONTINUED GROWTH FROM IMPROVING AD MARKET RATES AND OPTIMIZATION
OF PROGRAMMATIC CPMS
* AUDDIA INC - PREMIUM SUBSCRIPTIONS FOR AD-FREE AM/FM
LISTENING
ARE EXPECTED TO BEGIN WITHIN TWO QUARTERS POST-ACQUISITION
* AUDDIA INC - IF CO IS SUCCESSFUL IN EXECUTING ALL THREE
TARGETED
ACQUISITIONS, TIMELINE TO PROFITABILITY IS EXPECTED TO
ACCELERATE
Source text for Eikon: ID:nGNXbQpBsF
Further company coverage: AUUD.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Auddia
See all newsBrief: Auddia Announces Appointment Of Former U.S. Secretary Of Defense Mark T. Esper To Lt350 Board Of Directors
Brief: Auddia Announces Lt350 CEO To Be Interviewed On Fox Business’ Varney & Co. To Discuss Distributed Datacenter Strategy
Brief: Auddia Inc Announces Lt350 Advancement Toward First Ai Datacenter Deployment
Brief: Auddia Announces First Build Milestones For Mccarthy Finney Operating System (Mcfn-Os) Ahead Of Proposed Merger Close
Brief: Auddia’S Discovr Radio Forms Ai-Driven Partnership With Beatcave To Expand Independent Artist Discovery Across Canada