Audioboom cements US leadership position

Audioboom Group PLC

21 August 2023

 

REACH

Audioboom Group plc

("Audioboom" or the "Company")

Audioboom cements US leadership position

Audioboom (AIM: BOOM), the leading global podcast company, has ranked as the fifth largest US publisher in two key industry reports - cementing their position as a major force in the world's biggest podcast market.

Edison Research ranked Audioboom 5^th for weekly audience reach during Q2 2023, with Triton Digital ranking the Company in 5^th for average weekly downloads for July 2023.

In the Triton Digital ranker Audioboom climbed above US radio giant Cumulus for the first time, with only Amazon and Sirius XM ahead of the Company in both rankers.

The growth of Audioboom's creator network is key to this US market success, with a recently announced record of 135 million monthly downloads and record audience reach of more than 38 million unique listeners.

Audioboom's CEO, Stuart Last, commented: "I'm delighted that we continue to compete strongly with the world's biggest audio companies in the key US market. We create incredible value for podcast creators through our monetization, marketing and distribution platform - attracting the best podcasts in the world to our network. I'm excited for more top creators to join Audioboom in the second half of 2023, making our podcast network even stronger and even more attractive to advertisers."

Enquiries

Audioboom Group plc
Stuart Last, Chief Executive Officer Brad Clarke, Chief Financial Officer	Tel: [phone]
finnCap Ltd (Nominated Adviser and Broker)	Tel: [phone]
Jonny Franklin-Adams/Abigail Kelly/Milesh Hindocha (Corporate Finance) Charlotte Sutcliffe/Harriet Ward (ECM)

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded more than 135 million times each month by 38 million unique listeners around the world. Audioboom is ranked as the fifth largest podcast publisher in the US by Edison Research and 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.

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

 

END