Audioboom Share Discussion Threads

[wooty01] 20/5/2020 19:06

You silly old fart dommy, there's a big world out there and podcasting has now arrived. I'd hate to have you on my negotiating team. You'd be wriggling and squirming. Just grow up a bit and stop trying to pretend you know about business because most comments I'm afraid are callow. I'll give you the benefit of the doubt whether you really mean well for audioboom. But there's just something, in the tone and in the words which gives me the shivers.

[sir_dominic] 20/5/2020 18:34

Luke, always having exit strategy is different to giving up on the business. I think every business owner will tell you the same thing. I think that this year is the right time for Boom and it’s owners. It’s no fun running business after hitting the ceiling and I simply think that Boom would hit the ceiling end of this year.

[lukehold] 20/5/2020 18:29

Dom, glad you are not in charge of the business. Any sign of competition you shut up shop. Boom have grown despite these huge competitors, they have exploited niche genres and excelled. Weak points

[lukehold] 20/5/2020 18:25

Oh sorry did you think 30m was a lot of money. Lol. More research needed monkey

[lukehold] 20/5/2020 18:25

As opposed to 30bln.. not following the point of your post..

[jasperthemonkeygod] 20/5/2020 18:18

you're right Sir_dominic, BOOM is a minnow compared to the others and has a £30 mill market cap

[sir_dominic] 20/5/2020 17:04

Just my opinion :)

[rachelrileysbra] 20/5/2020 16:54

Dom ... really

[sir_dominic] 20/5/2020 16:40

Due to ongoing consolidation it will be more difficult for independent companies like Boom to exist. People will be searching for their favourite podcast through most popular platforms like Spotify and Apple. If you not on them you will lose advertising revenue because your listeners numbers will drop. In the same time big boys will start to squeeze the margin and one by one signing your superstars (and they will have more budget of course). So it is now or never really, I don't believe you can grow this business alone further than end of 2020 going alone.

[rachelrileysbra] 20/5/2020 16:31

Spotify has no hold over Boom, in the that BOOM push podcasts to spotify via API and there is a profit share. Hence a competitor can buy BOOM and stop pushing content to spotify if they wished.

There more to it than however and BOOM has a few strings to its bow.

[pmtomkinson] 20/5/2020 16:27

Thumbs up.

[pmtomkinson] 20/5/2020 16:27

I'd give you two ?? bbblue if I could!

[bbluesky] 20/5/2020 16:01

Spotify and Boom are both European in origin, so probably culturally compatible and have had long working relationship, so another aspect for me is if Spotify has global ambitions, India for many of us has always held long term attractions, (just look at the size of the Chinese market in podcasts)then BOOM has a further string to its bow. Raine the bolt please..

[deanoblues] 20/5/2020 15:53

Its not show friends...its show business

[deanoblues] 20/5/2020 15:51

I sure Spotify would like to get hold of the £32 million boom will be turning over this year ;-)

[pmtomkinson] 20/5/2020 15:44

And I think we've been here before - so is Boom more valuable to Spotify as an acquisition rather than letting Boom fall into a competitor's embraces. We don't know the details of the access Spotify has to Boom's library but could this be cancelled and would it be detrimental to Spotify. Someone knows the answers!

[deanoblues] 20/5/2020 15:42

If only there was a link between Raine and Spotify......hang on a minute https://www.musicbusinessworldwide.com/fred-davis-raine-group-theres-nothing-more-exciting-than-finding-a-new-idea/

[rachelrileysbra] 20/5/2020 15:32

Note Audioboom podcasts can be pushed directly to spotify.
Deal struck in June 2018.
We are very well known to them and have an excellent working relationship

[pmtomkinson] 20/5/2020 15:28

Has Spotify got another deal in the offing. Not suggesting for one minute it's AudioBoom. But might it be?

[bbluesky] 20/5/2020 15:23

Up 6%+ in first hour of trading. HOT!

[deanoblues] 20/5/2020 15:08

Spotify going mad again

[mrbear2] 20/5/2020 14:10

Sir D - saucy!!!

[sir_dominic] 20/5/2020 12:31

RRB you can send me your postal address in private message, and I need the size of your bra LOL

[bbluesky] 20/5/2020 10:42

Encouraging that Spotify's value is on the rise, as an industry marker. Looking very strong as well.

[rachelrileysbra] 20/5/2020 10:18

I know, JR podcast is more expense than BOOM right now. It is a good sign for us and well timed.
Who was it who said that spotify were not spending ?
(The polar opposite. In fact I think I made a bet on it)