Audioboom works with some of the biggest names in sports and media, such as: NFL clubs, the English Premier League, AFL (Aussie Rules) and major broadcasters such as
Southern Cross Austereo, YEA Networks & the BBC.

The Audioboom platform allows our partners to bring their content to millions of fans worldwide via embeddable players, mobile applications, Facebook & Twitter integration.

Audioboom also allows the monetisation of audio via the dynamic insertion of pre- and post- roll advertising even in to Twitter and Facebook.



http://audioboomplc.com/

Directors' Dealings

http://www.moneyam.com/action/news/showArticle?id=4896381

Audioboom raises £8m

StockMarketWire.com

Audioboom Group, the digital social media audio platform, has raised £8m from new and existing institutional and other shareholders through the issue of 64 million new ordinary shares at 12.5p apiece.

The proceeds will be used to fund the growth of the business.

The company has also agreed to release 7digital from the lock-in arrangements entered into at the time of the acquisition of Audioboo Limited in May.

7digtal has conditionally placed 29,029,307 existing ordinary shares through Arden Partners at 12.5p each. 7digital will retain 58 million ordinary shares, representing 10.9% of the enlarged issued share capital of the company.

Chief executive Rob Proctor said: "Since Audioboom was admitted to AIM in May 2014, we have been overwhelmed by the response and take up of the platform. Audioboom served over 260 million page impression in August 2014, making it one of the UK's largest digital media platforms. I anticipate that the new app and new content deals will quickly drive this figure significantly higher.

"I am delighted that the Placing was heavily oversubscribed and to have received the backing of both existing and new institutional and private investors. Our substantial balance sheet will now allow the accelerated global growth of our platform, major expansion of our aggregated audio advertising network and the roll-out of the new Audioboom app, which I believe will revolutionise the digital consumption of audio."

At 1:43pm: (LON:BOOM) Audioboom Group share price was -1.75p at 14.88p

And back in again.

You have 35 mins to get out again mitzy. lol

I sticking for now dreamcatcher.

That's fine then. :-))

I'm in too!

Good luck I bought me some more today.

Naked trader -

Audioboom (LON:BOOM) is a very interesting one, it came up at a follow up seminar I did just before heading off for holidays and I did like the look of it (thanks to whoever at the seminar brought this one up). It's the country's only integrated audio and graphic display sports ad network.

From Lse -

Sunday Times -

We need a word about Audioboom — not just because the shares are up 800%

It’s radio’s turn to feel the heat from digital media with this YouTube for the spoken word

Matthew Goodman Published: 12 October 2014

For football fans, transfer deadline day is excruciating. Every rumour about which star is going where is dissected and discussed while the clock ticks down. It has become a media frenzy.

This scramble to get the latest gossip has proved a boon to the likes of Sky Sports on television and Talksport on radio. It has also worked its magic on Audioboom, a network best described as YouTube for audio.

The London business, launched five years ago, recorded its busiest ever day last month when the transfer window closed, with more than 2m users logging in to listen to clips on player moves. “Football deadline day was off the clock, the busiest we have ever seen,” said Rob Proctor, chief executive.

Football supporters are not the only people getting excited about Audioboom. City investors are tuning in in ever greater numbers, too. The business’s shares have soared some 800% in the five months since it joined the stock market through a reverse takeover of One Delta, an AIM-listed shell company. Having debuted at 1.5p, the shares closed on Friday at 13.9p.

This month the company raised £8m in a share placing that saw a number of high-profile names buy into the business. The new backers included blue-chip institutions such as BlackRock and Legal & General, the small company specialist Octopus, and celebrities such as the Australian soap star Holly Valance, wife of the millionaire property developer Nick Candy.

The deal also allowed 7 Digital, an AIM-listed music service whose UBC operation was a founding investor in Audioboom, to sell down its stake. Having pumped £1.8m into the business, it took £3.6m off the table from selling shares and still retains 11% of the company, so it stands to benefit from further growth. Directors — including Proctor and Rodger Sargent, who helped to raise money for One Delta with serial sports and media investor Chris Akers — also contributed to the fundraising.

Despite the enormous rise in its share price, some market watchers believe Audioboom remains conservatively valued compared with far bigger, more established social media businesses such as Twitter and Facebook. Its market value is a little over £73m — about £25 for each of its almost 3m registered users — which is about half or one-third of the equivalent measure for Twitter or Snapchat.

“The value per subscriber is not excessive by any means,” said Peter McNally, technology analyst at stockbroker Charles Stanley. “It is still early days for Audioboom. It has a long way to go, but it has shaken up how audio content should be delivered.”

The reason Audioboom has attracted so much excitement among investors is the potential of its business model. “It is well positioned for growth,” wrote analysts at Arden Partners, the stockbroker that handled the fundraising, in a note this month.

When it was launched five years ago, under the leadership of Mark Rock and with backing from UBC and Channel 4, which retains a 0.5% stake, Audioboo (as the site was then known) allowed users to post audio clips they had created.

It was the aural equivalent of YouTube and it attracted celebrity fans such as Stephen Fry and Robert Llewellyn, star of the TV sitcom Red Dwarf. The only proviso, one that remains today, was that all the material had to be spoken word. There is no music, so Audioboom never pays royalties to labels or performers, a cost services such as Spotify and Pandora have had to bear.

However, like many dotcom businesses, it had not yet worked out how to make money from its loyal audience.

“Many businesses go through two or more generations,” said Simon Cole, the chief executive of 7 Digital and a non-executive director of Audioboom. “Look at Google, YouTube, Shazam. They set out as one thing and went through a handbrake turn. They realised they needed to be different businesses to be successful.”

Last year the founding shareholders appointed internet veteran Proctor as chief executive to point the business in a new direction. “We took some of the core [software] code but basically ripped up what was there and reinvented it,” he said.

The big idea was to switch from having amateur users upload material to signing up professional organisations that would make content available through the site.

Today, Audioboom has about 1,400 commercial partners, including the BBC, Sky Sports, Talksport and The Spectator magazine, providing clips.

The next stage in the development of the business was to launch a mobile phone app that allows users to create their own “programmes” by downloading the content they are interested in. The latest version of the service has just been launched on the iPhone and is due to go live on Android devices imminently.

The app allows users to choose the type of content they wish to receive and can be configured so that material can be downloaded automatically to a mobile phone. Someone who wants, say, a daily financial news bulletin can receive exactly that every morning on their device so they can listen to it on the way to work, for example.

Proctor hopes Audioboom will eventually replace radio broadcasts as the means by which listeners receive information. He argues that many listeners have to put up with repeated news bulletins, traffic reports, weather forecasts and so on that they have no interest in. Audioboom’s system of “curated content” will change that, he hopes.

Proctor said: “Radio stations have hours and hours of airtime they have to fill. But in a mobile [phone] environment that doesn’t work. Users expect to be able to choose and curate their experience. Pushing them three hours of a drivetime show doesn’t work. Radio has done an amazingly good job of ring- fencing itself against the rise of digital [media] up to this point. That is now being broken.”

The development will not stop there. Proctor says the business will move into a third phase — syndicating content to a large network of websites that can then be used to sell advertising.

For example, Audioboom may have an interview with Louis van Gaal, the Manchester United manager, which it can supply to the top 100 most read websites dedicated to the football club. That, he argues, becomes a compelling proposition for advertising buyers. “We will give them options.”

The company also sees great potential to expand internationally. At the moment, about two-thirds of its listeners are in Britain and America, with a further 15% in Australia. But deals such as the recent tie-up with Zee TV, the Indian media giant, indicate the company has its sights set on moving farther afield.

South America is a big opportunity, as is the Spanish-speaking part of the American market.

Malcolm Wall, a veteran media figure who heads Pinewood Studios’ joint venture in China, is set to join the board as a non-executive director to help advise on the overseas growth.

Given the global appeal of the Premier League, the next transfer deadline day, in January, could be even more of a boon for Audioboom.

Just read that in the Times tonight dc , very interesting , i must pay more attention to these threads :)

Directorate Change

RNS


RNS Number : 0645U

Audioboom Group PLC

13 October 2014








Audioboom Group plc

("Audioboom" or the "Company")



Board changes and update on September performance



Audioboom Group plc (AIM: BOOM), the digital social media audio platform, announces the appointment of Malcolm Wall as Non-executive Chairman and Jason Mackay as Non-executive Director to the board of Audioboom with immediate effect.



Malcolm Wall has worked across the media spectrum in the UK and overseas. He has been CEO, Content at Virgin Media, CEO of Abu Dhabi Media, COO of UBM plc and held a number of senior roles within ITV companies. He is currently working with Pinewood Studios to develop their Chinese interests. He is an advisor to the Abu Dhabi Media Zone Authority, a Non Executive Director of the international film fund, Image Nation, Chairman of Dock 10(the Media City production facility) and Non Executive Director of Eagle Eye Solutions Group plc, a leading digital consumer engagement provider.



Jason Mackay has extensive experience in the financial markets having worked for 11 years at UBS and Morgan Stanley most recently as a Managing Director in Morgan Stanley's equity business. Jason was also co-head of hedge fund GLG's UK equity business for 7 years, responsible for managing $3bn of assets. Over the last 4 years Jason has founded several property businesses and invested in and helped numerous small companies. Jason will have a particular focus on the marketing of Audioboom.



As a result of these appointments, Roger Maddock will step down as Chairman, but will stay on the board with responsibility for Jersey matters. Rodger Sargent will leave the board, having helped complete the recent fund raise. Given the speed of progress and growth of international operations, the board is actively engaged in searching for a finance director and expect to announce an appointment in due course.



September performance



September 2014 saw over 170,000 new registered users, a 30% increase on the August figure. In the 10 days to the end of September since the launch on 22nd September, there have been over 275,000 downloads of the new app, on minimal marketing, a figure considerably ahead of management expectation. Amongst many other statistics, 'follows', that is, users making a content provider a 'favourite' whose content they automatically follow, have increased over 125% since the app launch, an indication of significantly increased engagement and 'stickiness' that bodes very well for the future.



Rob Proctor, CEO of Audioboom, commented, "I am delighted to welcome Malcolm Wall and Jason Mackay to the board- it is a reflection of Audioboom's progress that we are able to attract two such high calibre people. Malcolm's experience in global media, digital and technology and Jason's considerable success and expertise in the capital markets will be crucial as we take Audioboom to the next level.



The statistics released today show the progress Audioboom has made In a short period of time; I am particularly encouraged by these early indications of uptake for the new app. However, they also reveal there is a huge untapped global market out there for us to aim at and I look forward to making further updates on our progress in the near future."

From the Sunday Times - Despite the enormous rise in its share price, some market watchers believe Audioboom remains conservatively valued compared with far bigger, more established social media businesses such as Twitter and Facebook. Its market value is a little over £73m — about £25 for each of its almost 3m registered users — which is about half or one-third of the equivalent measure for Twitter or Snapchat.



Clearly still under valued.

Behind the Scenes of Our New App Video

By Harriet on Oct 29, 2014 in Behind-The-Scenes



http://blog.audioboom.com/

For what it's worth dc, I noticed that Robbie Burns aka Naked Trader bought in on 28/10 with a target price of 17p and stop at 11p. Just for info, it was posted on his website.

Cheers doodle, have not ignored you , only just got in.

What was Robbie's buy price ?

12.10p alwickk - according to his website. He also bought two tranches in August @8.45p, one of which he has since sold.

ok, cheers

So his stop was 9% @ 12.10 , is that a bit wide