Audacy
Address: 2400 Market St 4th floor, Philadelphia, PA 19103, USA
Audacy, Inc. is an American broadcasting company based in Philadelphia, Pennsylvania. Founded in 1968 as Entercom Communications Corp., it is the second largest radio company in the United States, owning over 220 radio stations across 47 media markets. Wikipedia
Website: audacyinc.com
Symbol: NYSE:AUD
Owns
Latest news
- Jul 10: A clarification on our story about The Podcast Exchange (TPX), which we reported was “to file for bankruptcy”. We’re not alone in using this phrase to describe, in short-hand, the Chapter 11 bankruptcy protection process (or, in this case, the equivalent in Canada), and we reproduced the email in full explaining this. But for clarity - just like Kast Media or Audacy did, TPX continues to operate under supervision, while it submits plans to restructure. We’ve covered TPX since it launched in Feb 2018, and we wish them the best.
- Jul 2: Audacy podcasts and radio stations are now available in the iHeart app, the music, podcast and radio app from its main competitor, iHeartMedia. (The iHeart app is #32 in the App Store, with 614,000 ratings; the Audacy app is #121 in music, with just 92,000 ratings). Your podcast can be there too - our page of all the podcast directories links directly to add your own show on iHeart.
- Jun 27: Audacy is to shut down Pineapple Street Studios. Nearly thirty employees are to be laid off. Pineapple Street had been bought by Audacy in 2019 for $18mn. Audacy will continue making some shows. Audacy itself emerged from bankruptcy in January; it was reportedly looking for a buyer for the company in March.
- Jun 4: Audacy has made Michael Biemolt their President of Digital Sales. He’ll spearhead all national and local digital sales strategies. He’s worked for various incarnations of the company since January 1996.
- Apr 18: Audacy’s Podcorn, now called Audacy Creator Lab, has been accused by some podcast hosting companies of dirty tactics. Podcorn partnered with a number of podcast hosting companies to offer monetisation opportunities for their customers; but, when the company rebranded to Audacy Creator Lab and added a free podcast hosting service themselves, Audacy emailed those customers directly, encouraging them to switch hosting company. A cautionary warning to anyone to insist on non-solicitation clauses when setting up partnerships, perhaps.
Data credits: Google Maps, Podnews newsletter, Wikipedia