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• Podcast production company Paradiso Media has started bankruptcy proceedings in a French court. The company was founded in June 2019, and acquired competitor Binge Audio in May 2023: at the time it had 170 shows and 50 employees, based in Paris, Los Angeles and New York. Paradiso raised $5.9mn in investment in Sept 2021. We understand that Binge Audio, still a separate company, continues its operations.
• The majority of women in the US are sports fans, according to the Female Fans Sports Audio Report from Edison Research, which was released last week. The research, with SiriusXM Media and GroupM, discovered that a third of them listen to sports audio each week.
• The Triton Digital Podcast Ranker for June was released. Downloads for the period were down 2.2%. Audioboom re-entered the top 5. iHeart is #1 sales network with average weekly downloads of 66mn.

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