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RCS - Audioboom Group PLC - Partnership with Sounder to add AI into Showcase

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RNS Number : 0312A  Audioboom Group PLC  11 March 2025

REACH

 

Audioboom Group plc

("Audioboom" or the "Company")

 

Sounder Partnership Adds AI to Showcase Marketplace

 

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to
announce a new partnership with Sounder (https://www.sounder.ai/en) , which
will provide artificial intelligence (AI) to Showcase, the Company's global
advertising marketplace.

 

Sounder's AI capabilities will be integrated into Showcase, giving brands who
utilise the marketplace enhanced opportunities to maximise their podcast
advertising spend.

 

The AI-powered Showcase marketplace will offer contextual ad targeting and
brand safety controls, imperative in the continued expansion of Audioboom's
work with global blue-chip brands.

 

Showcase will use AI to pinpoint topics of conversation within podcasts, then
offer targeted ad placements to relevant brands. This contextual ad targeting
will create premium value for advertisers and content creators.

 

Showcase will also use AI to provide brands with safety and suitability
guidance, by identifying content that aligns with a brand's values and risk
thresholds ensuring their ad campaigns are delivered at a high standard.

 

The Sounder integration works at scale, with inventory of more than 10 billion
impressions across 8,000 podcasts set to utilise the technology through
Showcase this year.

 

Audioboom expects the introduction of AI capabilities in Showcase to further
boost the expansion of the automated marketplace. In 2024 Showcase revenue
grew by more than 56%, and as the Company's highest gross margin revenue
product, its growth will be key to our ongoing success.

 

Stuart Last, CEO of Audioboom, commented: "Showcase and Sounder are a perfect
match, and I'm excited about the positive value this alliance will bring to
our advertisers and podcast creators. AI will supercharge our platform in the
coming years as we develop a more sophisticated product that meets the needs
of our global blue-chip brand partners."

 

Enquiries

 Audioboom Group plc
 Stuart Last, Chief Executive Officer                             Tel: +44(0)300 303 3765

 Brad Clarke, Chief Financial Officer

 Cavendish Capital Markets Ltd (Nominated Adviser and Broker)     Tel: +44(0)20 7220 0500
 Jonny Franklin-Adams/Elysia Bough/Rory Sale (Corporate Finance)

 Harriet Ward (ECM)

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded 100
million times each month by 38 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, distribution, marketing and production
services for a premium network of top tier podcasts. Key partners include the
official Formula 1 podcasts 'F1: Beyond the Grid' and 'F1 Nation', 'True Crime
Obsessed' (US), 'The Tim Dillon Show' (US), 'No Such Thing As A Fish' (UK) and
'The Cycling Podcast' (UK).

 

Audioboom operates internationally, with global partnerships across North
America, Europe, Asia and Australia. The platform distributes content via
Apple Podcasts, YouTube, Spotify, Pandora, Amazon Music, Google Podcasts,
iHeartRadio, Facebook and Twitter as well as a partner's own websites and
mobile apps.

For more information, visit audioboom.com.

 

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