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Acast grows in the US
Podcast |
Podnews Daily
Publisher |
Podnews LLC
Media Type |
audio
Categories Via RSS |
Daily News
News
Technology
Publication Date |
Nov 06, 2024
Episode Duration |
00:03:38
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  • Acast released its Q3/24 financial report. Sales grew by 12% year-on-year to US$45.6mn, including North America growing at 29%; Europe as a whole saw just a 3% growth, and comments from Ross Adams seem to suggest Acast UK is finding it especially tough. The company remains on track for “positive EBITDA” for the year, though made a loss of US $0.6mn in the quarter.
    • Acast shows are getting more ad-heavy, though. “In Q3, we introduced an additional ad marker, allowing podcasters to add a second midroll ad slot into their episodes, boosting their monetization potential with increased ad inventory.”
    • Acast blames Apple’s iOS 17 changes for a drop in listens of -15%. A decrease of -15.2% was also reported by Podtrac earlier in the year. We covered the iOS 17 changes in full.
  • Spotify will announce a new tie-up with airline Emirates today, with emirates.jpeg">promotion on the airline’s in-flight front page for Trevor Noah’s podcast, and a emirates2.jpeg">mix of podcasts and music playlists on the system. Our Editor spotted the collaboration earlier this week.
  • PodX-owned Platform Media have acquired a majority stake of the world’s biggest rugby show, The Good, The Bad and The Rugby. Platform Media has produced and commercialised the show since its inception.

Read more of today’s podcast industry news stories on the Podnews website: and get our free daily newsletter.

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