Is Cadence13 being sold?
This article is at least a year old
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Podcast studio Cadence13 may be up for sale. The company’s owner Audacy is hoping to sell it for around $100m, says Axios, though Audacy dismiss the story as a rumour. The company’s stock is currently at 44 cents, down 88% over the past year; if it’s not back to over a dollar by February, the New York Stock Exchange could delist the company.
- Meanwhile, at Pineapple Street Studios, another Audacy-owned podcast company, more than three-quarters of staff have signed up to join the WGAE union.
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First look: Triton Digital has just revealed an update to theitsir TAP advertising platform. The tool allows advanced ad separation, expanded targeting, and new management of creative.
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A platform that matches podcast hosts and guests for interviews, PodMatch has removed almost half of its user-base to concentrate on quality over quantity. This follows a positive test of this approach earlier in the year.
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AdsWizz has signed an exclusive agreement with the Spanish Broadcasting System (SBS) to sell audio ads in the US.
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PodcastOne has added a number of sports shows to its platform. The company has seen increased visibility on YouTube due to its use of the Adori platform.
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Libsyn has been announced as a presenting sponsor of BIPOC Podcast Creators. Additional sponsors include NPR, Simplecast, and Sounds Profitable.
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Further reading: James O’Brien writes about Podcast Day 24 Sydney … Nick Hilton digs deep into Spotify’s new podcast research … Steve Pratt cautions you to define yourself by content, not by platform … Steven Goldstein suggests that the podcast business is being “right-sized” … Esther Kezia Thorpe reckons that most podcasts get fewer listens than you think.
Moves and hires
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Neil Krishnan has joined UK-based podcast studio Novel as Head of TV and Film. Krishnan joins from Universal Studio Group, where he was Director of Creative Acquisitions.
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Nicole Pasulka has reportedly been hired as a fact-checker for Meghan Markle’s Archetypes podcast.
Podcast News - with Lemonada Media
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