Audioboom Share Discussion Threads

[wooty01] 29/4/2020 17:23

I'm sure Boom is more attractive to an iHeart, or Sony who want to enter the podcast sector with a library. The distribution agreement with Spotify may be a problem both for Spotify if it can be cancelled and an acquirer who don't want Spotify involved.

[sir_dominic] 29/4/2020 16:54

Yes RRB, I'm sure they will be involved but not in major stuff like Audioboom imo. Perhaps smaller businesses with some new tech solutions, apps, to grow their existing portfolio rather than adding large library of content through spending major amount of cash.

[rachelrileysbra] 29/4/2020 16:11

Sir Dominic,
You are making a leap there.
I am pretty certain spotify will be involved in M&A in the next period.
Whether that will involve BOOM is yet to be seen.

[deanoblues] 29/4/2020 15:20

Spotify nearly 14 percent up...covid really is hurting it...no money in streaming :-0

[lukehold] 29/4/2020 13:33

They will benefit from Covid like the other FANG

[lukehold] 29/4/2020 13:32

That would put you in a good position to negotiate. Spotify tell companies how much they have to spend.. that's not how companies go about M&A. Spotify have deep pockets to take out competitors, add content variety to their offering and keep growing imo. Watch this space

[sir_dominic] 29/4/2020 13:10

...In addition to the positive Free Cash Flow dynamics, we maintain a strong liquidity position and are confident in the financial position of the business as we look at the current and future uncertainty surrounding the global health crisis. At the end of Q1, we had €1.8 billion in cash and cash equivalents, restricted cash, and short term investments on our Balance Sheet, and no indebtedness2.

Q2 & 2020 OUTLOOK

These forward-looking statements reflect Spotify’s expectations as of April 29, 2020 and are subject to substantial uncertainty. The estimates below utilize the same methodology we’ve used in prior quarters with respect to our guidance and the potential range of outcomes. Given the extraordinary operating circumstances we currently face with respect to the impact of COVID-19 there is a greater likelihood of variances within those ranges than typical quarters....


I have not noticed anything in the report indicating further takeovers, sounds more like they will be consolidating existing business this year. Perhaps there will be some more hints during phone conference. Based on this I would say that whoever is reading themselves to buy BOOM if it goes ahead it is not Spotify.

[deanoblues] 29/4/2020 12:44

Spotify RNSSpotify's revenue from subscriptions rose a better-than-expected 23% to EUR1.7 billion. Ad-supported revenue--which had been on a double-digit rise in recent quarters--dropped 32% to EUR148 million, falling short of expectations. The company said before the pandemic that revenue was pacing ahead of its forecast but sales decelerated in March as previously booked business was canceled or paused, and programmatic buyers pulled back spending.Though advertising is a relatively small part of Spotify's business--accounting for 10% or less of overall revenue--it has been a growth area over the past year as the company expands its podcast business.

[webhop] 29/4/2020 10:31

Weathered the Storm.

[rachelrileysbra] 29/4/2020 09:59

5 ... Come on Pete you know

[pmtomkinson] 29/4/2020 09:33

Surely £5 minimum!

[lukehold] 29/4/2020 09:08

219 to buy...

[mdchand] 29/4/2020 09:02

Seems to be a small rotation from health stocks into tech at present. Cash still needs to find a home in a nil rate environment.

[sir_dominic] 29/4/2020 09:02

Let’s wait for official news before celebrating 😂😂😂

[wooty01] 29/4/2020 08:46

I'm opening up. Swiss bank account!

[lukehold] 29/4/2020 08:43

Investors hope that one day their share gets bought out. It's happening here and where is everyone :)

[mrbear2] 29/4/2020 08:40

Hello - nice little rise.

[deanoblues] 28/4/2020 14:40

https://twitter.com/insideradio/status/1255119788650758146?s=21

[mrbear2] 28/4/2020 11:56

RRB - hahaha :-D

[rachelrileysbra] 28/4/2020 11:39

MrBear,
Just thorough research and phone/email hacking ;-)

[mrbear2] 28/4/2020 10:43

RRB - I do hope so. I'd love to know your sources.

[mrspp1] 28/4/2020 10:41

Spotify results tomorrow remember

[rachelrileysbra] 28/4/2020 10:38

I get the feeling that news is very close ;-)

[mrspp1] 28/4/2020 08:29

Finally £2 paid!

[deanoblues] 27/4/2020 16:55

https://twitter.com/sportschris/status/1254797432510087169?s=21