Audioboom no longer to take-over Triton Digital: requires urgent funding

Audioboom no longer to take-over Triton Digital: requires urgent funding

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This article is at least a year old

  • BREAKING: The Audioboom takeover of Triton Digital is no longer going ahead. The note released to the markets notes a £1m loan that Audioboom got in February, says Audioboom only has “sufficient working capital for a further period of up to four weeks from today’s date”, that the withdrawl will cost Audioboom a further £700,000 in a break clause, and that its “financial position remains uncertain”. The note also warns of a possibility of winding up the company. Shares in Audioboom remain suspended. Audioboom’s also announced they have a new CFO, Brad Clarke.


    Aug 2 2023: This broken link now points to the Internet Archive.
  • Westwood One Podcast Network have launched Stokes & Friends: KPOP with T.H.I.S. Podcast - a podcast for Korean pop. Season One kicks off with a seven episode spotlight (one for each member) on the award-winning act, BTS. It’s hosted on Omny Studio.

  • RAIN reports on our story, yesterday, of buying your way into the Apple Podcast Charts. They quote other methods to hijack algorithms. Meanwhile, in a closed Facebook group, a person familiar with the story claims that Apple are identifying podcasts who use this service and permanently banning them: a request for more information, however, hasn’t been responded to. Another correspondent has noted the opportunity for mischief: a jealous podcaster could spend $5,000 to use this service for a competitor, and get them banned. We’ve heard nothing from Apple.

Companies mentioned above:
Acast logoAcastApple logoAppleAudioboom logoAudioboomOmny Studio logoOmny StudioTriton Digital logoTriton Digital

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