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Show Notes
- Acast has released the company’s Q2/22 financial report.
The Swedish company now hosts 66,000 podcasts (a record growth last quarter); the number of listens in the quarter increased 41% year-on-year.
The company lost $11m in the quarter, though now expects to make EBITDA profit in 2024, earlier than previously expected.
“The heavy investment phase is now over, " says CEO Ross Adams, noting that the advertising market has been cooling globally.
- Bloomberg's Ashley Carman’s newsletter launches next month.
- Ashley wrote about the world of paid podcast appearances, or what some consider podcast payola. Guests are paying hosts up to $50K for an interview, and the disclosures around that exchange aren’t always clear or even existent.
- Skye Pillsbury (Frmr contributor, Hot Pod) has launched her newsletter called The Squeeze
- Want to support podcast:socialInteract with ActivityPub in your feed. Find your podcast on thread.land then DM @johnspurlock the unique prefix url .
- Congratulation to Josh Chen from JustCast for also adding Alby integration and enabling autofill in Value4Value tag to enable the Alby wallet.
- Online studio Cleanfeed has won an Emmy Award for Engineering, Science & Technology.
- The BBC claims a new record number of weekly users for its audio app, BBC Sounds.
- All future @SoundsProfNews
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