Audioboom Share Discussion Threads

[rachelrileysbra] 11/5/2020 12:57

Saga ? You mean business

It should be soon, however patience is required.
There is more than one interested party.
Not all want the same thing.
It is not going on the cheap.
GLA

[sir_dominic] 10/5/2020 21:56

About time for Audioboom saga to come to a positive conclusion. RRB was hoping for rns last week or this week.

[mrspp1] 10/5/2020 21:14

Hoping we will hear something this week

[wooty01] 09/5/2020 20:37

PodcastOne had the wrong business model from what I can see. They had monthly subscription. Not many listeners to podcasts will pay. Shareholders threw the towel in obviously. The maintenance of an app drains cash.

[lukehold] 09/5/2020 17:28

Have you looked up Norman Pattiz. His house is worth more than that! Wouldn’t have though he had trouble raising funds.

[wooty01] 09/5/2020 17:01

Negotiation!

[wooty01] 09/5/2020 17:01

Don't be mislead by PodcastOne deal. It wasn't worth a $. It was bust. No cash and couldn't raise any. As LiveXLive still paid $18m it was a brilliant negation.

[lukehold] 09/5/2020 15:14

Advertisers are more willing to take a chance on a new media during an economic downturn, and iHeartMedia CEO Bob Pittman thinks podcasting is poised to benefit from that just as social media did during the recession a decade ago. "We're seeing about three-times the revenue growth than we're seeing usage growth," he said Thursday. The company reported first-quarter podcast use increased 35% on iHeartRadio, while revenue soared 80% - beating New York Times' 30% podcast revenue gain in Q1. "That probably indicates we're not only growing with the category, we're also probably growing our share within that," Pittman said during a conference call with analysts. "There was a real growing interest in audio before the downturn and our expectation is that audio will benefit from this downturn by people focusing on audio," he said.Podcast revenue growth continues into the second quarter. COO/CFO Rich Bressler said iHeart's podcast revenue is currently on track to more than double. "There was a perception that podcasting is down. It may be down for the industry, but we are significantly up," he said. The company's overall digital revenue totaled $92.8 million during the first quarter, a 22% year-over-year growth rate despite an advertising marketplace that was upended by the COVID-19 pandemic in March. It doesn't release podcast-specific billings.The strategic decision to make podcasting one of iHeartMedia's content pillars has not only helped to diversify the company's revenue stream, but Pittman said it also continues to open new opportunities with marketers who are embracing the renaissance underway in audio. "It is a gateway to iHeart, bringing new advertisers to other audio platforms," he said, predicting, "This podcast platform will be an ever-increasing importance to our company for both usage and revenue."Bressler said all companies in the podcasting business will continue to benefit from the overall gains being made by an industry on track to have a billion dollars in revenue by 2021. But he said iHeart will also benefit as it fights for its "fair share" of those dollars.

[lukehold] 09/5/2020 15:02

Come on Bob, get an offer in! http://www.insideradio.com/free/podcast-ad-revenue-is-racing-forward-faster-than-usage-says-iheart-s-bob-pittman/article_3907ee1c-90f6-11ea-af3f-c74bd37eb044.html

[sir_dominic] 09/5/2020 14:47

hxxp://www.insideradio.com/free/podcast-ad-revenue-is-racing-forward-faster-than-usage-says-iheart-s-bob-pittman/article_3907ee1c-90f6-11ea-af3f-c74bd37eb044.html?utm_medium=social&utm_source=twitter&utm_campaign=user-share

[lukehold] 09/5/2020 13:18

Livx shareprice is up 212percent since March. Just checking as if it was at a huge discount recently might explain why the deal value is so low, but it's the opposite.

[sir_dominic] 09/5/2020 13:00

Read it again and still can’t see , is there a piece of information missing? The data is comparable to Gimlet and Ringer and we know how much Spotify paid for them. Even with the seat by the table it doesn’t add up...

[lukehold] 09/5/2020 00:19

Terrible deal, likely because it's a seat at the table at livexlive https://www.wsj.com/articles/livexlive-to-join-podcast-fray-with-podcastone-acquisition-11588939211

[sir_dominic] 08/5/2020 23:43

Seems to be cheap or am I missing something?? hxxp://www.insideradio.com/free/podcastone-sold-to-event-streamer-livexlive-in-18-million-all-stock-deal/article_73f2a522-912c-11ea-8303-7fed33304f9c.html?utm_medium=social&utm_source=twitter&utm_campaign=user-share

[richyrich8] 08/5/2020 09:38

Monkey boy trying to brighten up his day. Atleast with this lockdown rubbish you have over there you have a bit of an excuse to be wasting your time away here. Have fun.

[wooty01] 07/5/2020 07:26

I don't think they pay you chimp.

[jasperthemonkeygod] 06/5/2020 19:49

including you

you honestly think I'm a 'paid boiler room basher'

dear god

[sir_dominic] 06/5/2020 18:41

It will be entertaining, monkeyass is back!

[jasperthemonkeygod] 06/5/2020 18:07

so is the share price

[poebardem] 06/5/2020 14:14

Traditional TV viewing figures are falling. Podcast listening is rising. Ad dollars go where the eyeballs and ears are.

[cocker] 06/5/2020 13:52

ITV 40% drop in advertising revenue. Well one would have to assume those who also rely on such, will face the same consequences.

[mrspp1] 05/5/2020 18:04

https://www.cityam.com/tuning-in-has-the-city-undervalued-the-podcast-craze/