Cadence13

Podcast Market size to grow by USD 15.70 billion from 2023 to 2028, the market is fragmented due to the presence of prominent companies like Audacy Inc., Apple Inc., and Acast, and many more - Technavio

Retrieved on: 
Wednesday, January 10, 2024

The podcast market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The podcast market is fragmented owing to the presence of many global and regional companies.
  • Apple Inc. - The company offers podcasts such as Apple Podcasts is an audio streaming service and media player.
  • Audacy Inc. - The company offers podcasts, such as Cadence13, which is a studio dedicated to premium storytelling and production.
  • The global mobile vocal booth market size is estimated to grow by USD 123.73 million between  2023 and 2028.

Gemini XIII Acquires United Stations Radio Networks

Retrieved on: 
Wednesday, July 5, 2023

NEW YORK, July 5, 2023 /PRNewswire/ -- Gemini XIII announces the acquisition of United Stations Radio Networks (USRN). USRN has served advertisers, broadcasters and content creators for over three decades.

Key Points: 
  • NEW YORK, July 5, 2023 /PRNewswire/ -- Gemini XIII announces the acquisition of United Stations Radio Networks (USRN).
  • Gemini XIII Expands Sales Reach and Services with Acquisition of United Stations Radio Networks.
  • This marks the return to network radio for Spencer Brown, CEO of Gemini XIII, and Charles Steinhauer, COO of Gemini XIII, who built Dial Global, currently part of Westwood One.
  • United Stations Chairman and CEO Nick Verbitsky commented, "Spencer Brown, CEO of Gemini XIII, and Charles Steinhauer, COO of Gemini XIII, have a track record of success in network radio having built Dial Global from the ground up.

Audacy Extends Reach of Its Streaming Content via Distribution and Monetization Agreement With TuneIn

Retrieved on: 
Wednesday, June 21, 2023

Audacy will extend digital distribution of its 250+ stations and entire podcast library to TuneIn, a leading live streaming service providing hundreds of home, car and portable device integrations.

Key Points: 
  • Audacy will extend digital distribution of its 250+ stations and entire podcast library to TuneIn, a leading live streaming service providing hundreds of home, car and portable device integrations.
  • TuneIn users will now have access to Audacy brands like WFAN, America’s No.
  • The agreement will also give Audacy access to TuneIn’s advertising supply and bring select TuneIn original content to the Audacy digital platform.
  • “We’re equally thrilled to welcome TuneIn’s premium exclusive content to the Audacy digital platform.”
    “We’re very pleased that Audacy has selected TuneIn to extend its digital reach and monetization capabilities,” said Rich Stern, Chief Executive Officer, TuneIn.

Audacy Names Jenna Weiss-Berman Executive Vice President of Podcasts

Retrieved on: 
Wednesday, March 29, 2023

Audacy has elevated Jenna Weiss-Berman to Executive Vice President of Podcasts, reporting to J.D.

Key Points: 
  • Audacy has elevated Jenna Weiss-Berman to Executive Vice President of Podcasts, reporting to J.D.
  • Crowley, Audacy’s Chief Digital Officer and President, Podcast and Streaming.
  • I’d also like to acknowledge Chris Corcoran who will be moving on from Audacy to pursue other opportunities.
  • Cadence13 is home to blockbuster franchises featuring top names in entertainment and media, as well as innovative formats.

Sounder Becomes Audacy's Official Brand Safety Partner, Providing Verified Data Intelligence to Advertisers

Retrieved on: 
Thursday, August 25, 2022

NEW YORK, Aug. 24, 2022 /PRNewswire-PRWeb/ -- Sounder, an audio intelligence platform that builds powerful data solutions to unlock podcast monetization, brand safety, contextual targeting, and discoverability for audio content, today announced it will provide its verified data intelligence to Audacy, a leading multi-platform audio content and entertainment company with the country's best collection of local music, news, and sports brands. Audacy will leverage Sounder's Audio Data Cloud and its best-in-class brand safety solution to ensure advertisers can confidently and transparently invest in Audacy's expansive catalog of diverse content.

Key Points: 
  • Audacy will leverage Sounder's Audio Data Cloud and its best-in-class brand safety solution to ensure advertisers can confidently and transparently invest in Audacy's expansive catalog of diverse content.
  • "We're thrilled to be providing a trusted brand safety solution to the industry's largest audio publishers, helping unlock more inventory and increasing the value of their audio content," Sounder CEO and Co-founder Kal Amin said.
  • "With Sounder's Audio Data Cloud, we're integrating a layer of data that is crucial for advertisers to feel confident taking advantage of the world's high level of engagement with podcasts."
  • Sounder is an audio intelligence platform that builds powerful data solutions to unlock podcast monetization, brand safety, contextual targeting, and discoverability for audio content.

Veritone Voice Network Provides Multilingual Custom AI Voice Services to Podcast Networks, including Entourage Star Kevin Connolly’s ActionPark Media

Retrieved on: 
Wednesday, August 24, 2022

Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI platform, today launched Veritone Voice Network, a multilingual custom AI voice solution and podcast monetization service that combines synthetic voice creation and AI translation services to localize podcasts and grow ad revenues and audiences.

Key Points: 
  • Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI platform, today launched Veritone Voice Network, a multilingual custom AI voice solution and podcast monetization service that combines synthetic voice creation and AI translation services to localize podcasts and grow ad revenues and audiences.
  • Ellin co-hosts Victory The Podcast alongside actor Kevin Dillon, best known for his role as Johnny Drama Chase in Entourage, and the two are using Veritone Voice Network to develop and monetize their Spanish voice models.
  • Leveraging Veritones proprietary aiWARE platform and the award-winning technology of Veritone Voice , the service enables podcast hosts to create a custom and enterprise-grade synthetic voice model.
  • Veritone Voice Network transcribes and translates podcast episodes into the desired language output and then applies the hosts multilingual synthetic voice model to deliver a ready-to-air translation of the original episode.

Sinclair Announces Expansion of Digital Executive Team

Retrieved on: 
Monday, August 8, 2022

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced an expansion of the companys digital executive leadership team with the creation of two new positions.

Key Points: 
  • Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today announced an expansion of the companys digital executive leadership team with the creation of two new positions.
  • Their work will be a key part of expanding consented first-party data across our digital ecosystem and delivering new types of storytelling to our users.
  • Prior to his roles at Sinclair, he served as Chief Content Officer at Bankrate.com, during the brands turnaround and subsequent sale to digital marketing company Red Ventures.
  • Sinclair is always innovating in media and Im looking forward to doing so with consented consumer data across the company.

Cadence13's Steven Cohen Joins Podcast Powerhouse MrBallen Productions as Tentpole Podcast Expands

Retrieved on: 
Thursday, July 28, 2022

LOS ANGELES, July 28, 2022 /PRNewswire/ -- Today it was announced that podcasting and radio veteran Steven Cohen has joined MrBallen Productions as the company's Head of Sales, focused on leading its rapidly expanding sales division and broadening monetization streams from direct and agency advertising, as well as partnership opportunities for one of podcasting's biggest new power players.

Key Points: 
  • Cohen is also a veteran of the US Army's 101st Airborne Division, just as Allen himself is a former Navy SEAL.
  • Cohen has already brought on industry executive and fellow Cadence13 veteran, Jennifer Wood to power the company's sales operations as the Podcast Operations Manager.
  • "To be a contributor in this partnership, the continued success, and the growth of the MrBallen brand name, is monumental."
  • For more information follow @MrBallen on YouTube , TikTok , Instagram , Twitter , Facebook , and check out MrBallen Podcast: Strange, Dark and Mysterious on Spotify or wherever you get your podcasts.

Audacy Reports First Quarter Results

Retrieved on: 
Monday, May 9, 2022

Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended March 31, 2022.

Key Points: 
  • Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended March 31, 2022.
  • Field, President and Chief Executive Officer, stated: I am pleased to report that Audacy posted strong first quarter results, delivering 152% growth in Adjusted EBITDA led by double digit revenue growth in both digital and spot radio.
  • Net revenues for the quarter were $275.3 million, up 14% compared to $240.8 million in the first quarter of 2021
    Core spot revenues were $173.9 million, up 14% compared to the first quarter of 2021
    Digital revenues were $58.0 million, up 16% compared to the first quarter of 2021
    Total operating expenses for the quarter were $266.8 million, compared to $249.0 million in the first quarter of 2021
    Operating income for the quarter was $8.5 million, compared to an operating loss of $8.2 million in the first quarter of 2021
    Adjusted EBITDA for the quarter was $26.0 million, up 152% compared to $10.3 million in the first quarter of 2021
    Launch of ADAN.
  • The expanded agreement makes Audacy the exclusive third-party ad sales representative of FOX News Audios streaming inventory on our digital properties.

Deepak Chopra and Alex Elle Partner with Slumberkins to Help Parents and Caregivers Relieve Stress Around the Holidays

Retrieved on: 
Tuesday, November 16, 2021

The collaboration was created to support positive mental health and self-care for parents and caregivers through the busy holiday season.

Key Points: 
  • The collaboration was created to support positive mental health and self-care for parents and caregivers through the busy holiday season.
  • By partnering together, Slumberkins, Chopra and Elle hope to provide the tools and encouragement for everyone to notice their needs and practice self-care.
  • Dr. Deepak Chopra and Alex Elle are gifting free guided meditations through The Gift is You campaign to help everyone practice presence and further develop the key social-emotional skills Slumberkins supports through their books and creatures.
  • Prioritizing meditation and moments of silence throughout the holiday season will allow you to become centered again and get back into balance, said Dr. Deepak Chopra.