RCS - Audioboom Group PLC - Partnerships & Notice of Investor Presentation

AudioboomAnnouncement

08/10/2024 07:00

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RNS Number : 2269H  Audioboom Group PLC  08 October 2024

REACH

 

 

Audioboom Group plc

("Audioboom" or the "Company")

 

Key Partnership Renewals and Election Season Advertising Boost

 

Notice of investor presentation

 

 

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to
report partnership renewals and a substantial increase in audience and
advertiser demand for its political and news programming slate.

 

Audioboom podcasts covering the UK general election and early stages of the US
Presidential race recorded a 34% jump in audience reach during Q3 2024 as
listeners flocked to podcasting for high quality coverage and analysis.

 

Advertisers followed suit with more than 650 brands buying advertising across
this programming roster, leading to 82% of available inventory being sold.

 

Audience levels, advertiser demand and revenue opportunities for politics and
news podcasts within the Audioboom Creator Network are expected to increase
further in Q4 ahead of the US election in November.

 

The Company is also pleased to announce partnership extensions with The
Bulwark Network and the Politicon Network. The 12 podcasts in these networks
are a key part of Audioboom's news and politics slate and are downloaded more
than five million times each month.

 

Throughout election season these partnerships will leverage the full suite of
tools available to creators on Audioboom's platform including Showcase, the
Company's ad-tech driven marketplace, AdRip, the proprietary inventory
creation tool, and AdVet, the proprietary tool for creators that automates the
booking of premium, host-read advertising.

 

Audioboom's CEO, Stuart Last, commented: "Podcasting is proving to be a
trustworthy source of information for audiences at election time, and brands
are keen to engage with these listeners at scale through our platform. I'm
pleased to extend our work with some of the best political podcasts in the
world - together we will provide listeners and brands vital content during one
of the most important election seasons ever seen."

 

 

Investor Presentation

 

Audioboom also announces that it will release its trading update for the Q3
period ending 30 September 2024 on 15 October 2024.

 

Stuart Last, CEO, and Brad Clarke, CFO, will provide a live presentation
relating to the results via the Investor Meet Company platform on 15 October
2024 at 15:00.

 

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
9am the day before the meeting or at any time during the live presentation.

 

Investors can sign up to Investor Meet Company for free and add to meet
Audioboom via:

 

https://www.investormeetcompany.com/audioboom-group-plc/register-investor
(https://www.investormeetcompany.com/audioboom-group-plc/register-investor)

 

Investors who already follow Audioboom on the Investor Meet Company platform
will automatically be invited.

 

 

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/Abigail Kelly/Rory Sale (Corporate Finance)

 Harriet Ward (ECM)

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded around
100 million times each month by more than 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', 'Casefile
True Crime' (US), '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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