dreamcatcher
- 26 Jun 2014 19:02
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/

dreamcatcher
- 14 Nov 2014 11:03
- 43 of 70
New Content Partners
RNS
RNS Number : 0090X
Audioboom Group PLC
14 November 2014
Audioboom Group plc
("Audioboom")
New Content Partners
Audioboom (AIM: BOOM), the digital social media platform, announces a number of new content partners within the music, sports, business and publishing sectors.
● Beggars Group New York and London, the biggest independent record label in the world
● Barclays Bank A new partnership helping Barclays make more audio content and increase accessibility for all customers including the visually impaired
● IMG Including coverage of Ryder Cup golf and UEFA Champions League Football
● Vauxhall Football Shows on the Euro qualifiers from the sponsors of home nations football
● TIME Magazine The Brief: 12 things you need to know from the editors of TIME Updated daily
● World Economic ForumA channel containing global forums and summit coverage
● Big D and Bubba Americas most popular syndicated country music radio show with big social media followers, including exclusive interviews with Country Music Awards winners posted directly
● United Christian (Global) Broadcasters The world's biggest religious broadcast network with affiliates in 25 countries, including the world's first live Christian mobile TV channel
We continue to attract major sporting organisations to the platform including the NFL's Jacksonville Jaguars, who are using Audioboom to connect with their growing UK fan base, including allowing fans to record good luck messages to the team before last Sunday's game at Wembley.
Additionally signed this month: Premiership team Stoke City, leading Championship sidesCharlton and Wolves, Lords Cricket Ground, London Scottish, Harlequins and 15 other teams and sports organisations.
In addition, Audioboom's base in Australia continues to grow. Now on the platform are:
● The Football Federation of Australia.
● A number of A League soccer teams including Perth Glory.
● Flemington, home of The Melbourne Cup
● The Fairfax Media Group - Australia's leading diversified media company are fully integrated onto the platform, including news and sports interviews from their six radio stations in Sydney, Melbourne, Brisbane and Perth.
Rob Proctor, CEO of Audioboom, commented, "This is just a sample of the premium content Audioboom has attracted onto the platform in recent weeks. We continue to actively build content partnerships that enhance the Audioboom listening experience and grow audience reach for content providers. The international spread, in particular into America, bodes very well for future strategic developments."
dreamcatcher
- 12 Dec 2014 15:05
- 44 of 70
Major media sales partnerships in UK and US
RNS
RNS Number : 6640Z
Audioboom Group PLC
12 December 2014
12 December 2014
Audioboom Group plc
("Audioboom")
Major media sales partnerships in UK and US
Audioboom (AIM: BOOM), the digital social media platform, announces that it has signed two major media sales partnerships with Global Radio (UK) and AdLarge Media (US), a major step towards the Company's goal of developing significant advertising revenues.
In the UK, Audioboom has entered into an exclusive media sales partnership with Global Radio, with its inventory being featured on the new DAX (Digital Advertising Exchange) platform, which allows media buyers a single purchasing point for Audio on Demand advertising. Global Radio will be directly representing Audioboom inventory across news, current affairs, politics and business, to all of the major media planning and buying agencies in the UK.
In the USA, Audioboom has signed a non-exclusive partner agreement with AdLarge Media, the fastest growing independent audio advertising sales company in America. AdLarge Media aims to connect national advertisers with consumers on nationally distributed Audio on Demand inventory via digital and mobile platforms.
The agreement with AdLarge Media will see them directly representing all of Audioboom's inventory across all content genres. Indeed the first campaign has already been booked for US auto insurance company Geico at $36,000, after only one day of the companies working together.
Rob Proctor, CEO of Audioboom, commented, "I am really excited by our latest media sales partnerships. To be working with two of the highest profile and most prolific media sales companies in the world, really demonstrates that Audioboom is on the way to achieving its goals of becoming a major global media company and delivering significant revenues."
Cathy Csukas, Co-Founder & President of AdLarge Media, commented, "With the immense growth of on-demand spoken word content, we are thrilled to announce our new partnership with Audioboom. The targeting capabilities and reach that Audioboom offers gives our brand investors a unique opportunity to connect branded messaging with their core demographics."
Stuart Mays, Director of Commercial Strategy, DAX & Global Radio, commented, "I'm very pleased to count Audioboom as one of the earlier partners into DAX, the UK's biggest Digital Audio Exchange. DAX aims to bring together remarkable products and services in the digital audio space and provide advertisers and media agencies a simple access point to this burgeoning sector. The equivalent US market generates revenues of approximately $1.5bn and significant growth is predicted. The UK market is starting to grow rapidly with interest across most advertising categories and strong brands like Audioboom, with great content and growing audience numbers, will lead this sectors' growth."
dreamcatcher
- 15 Dec 2014 16:25
- 45 of 70
Agreement with Audible
RNS
RNS Number : 7063Z
Audioboom Group PLC
15 December 2014
15 December 2014
Audioboom Group plc
("Audioboom")
Agreement with Audible
Audioboom (AIM: BOOM), the digital social media platform, has agreed a content deal with Audible Limited ("Audible"). Audible, a subsidiary of Amazon.com Inc, is the world's largest audio entertainment company, with over 1,500,000 hours of content, including digital audiobooks, radio and TV programmes, and audio versions of magazines and newspapers.
Audioboom's new apps have an algorithm that learns a user's likes and tailors content delivery accordingly, allowing the creation of favourites, follows and playlists. This allows the showcasing of Audible content as part of the automated 'feed' of audio delivered on a genre-by-genre, region-by-region basis. Initially Audioboom will carry the latest releases and bestselling titles from Audible each month and will subsequently list all the relevant titles within the Audible portfolio.
Once the user has listened to a free sample of an audiobook, they can click directly through to Audible and register for a free trial and receive their free title as a reward. In addition, Audioboom has created a dedicated audiobook category within its apps and website, allowing users to browse bestsellers from different content genres, play samples and click straight through to Audible to register for an account.
Audible has a well-established affiliate programme that fits ideally into Audioboom's architecture. Audioboom will receive an upfront payment for every user that registers to Audible through Audioboom and an on-going percentage of retail sales from that subscriber on an ongoing basis via the Audible affiliate programme. The better Audioboom's recommendation engine works and the faster its user base grows, then the more revenue will be generated.
Rob Proctor, CEO of Audioboom, commented, "Audible is by some way the world leader in audiobooks and we are delighted to have signed this agreement with them. It shows the potential of the Audioboom platform to promote exceptional content and our ability to monetise our rapidly growing user base.
"We continue to work on a number of other agreements with global companies in order to generate significant new user numbers but also accelerate the platform's revenue generating capabilities. Whilst I am delighted with the progress we are making on our key revenue source - the roll out of our aggregated audio advertising network - it is particularly pleasing that this separate, non-advertising based revenue stream is now coming through."
deltazero
- 17 Dec 2014 08:06
- 46 of 70
yum yum - BOOM indeed:
New content partners
RNS
RNS Number : 9645Z
Audioboom Group PLC
17 December 2014
RNS Reach
17 December 2014
Audioboom Group plc
("Audioboom" or the "Company")
New content partners
Audioboom (AIM: BOOM), the digital social media platform, announces a number of new content partners:
· Sky News Radio (UK): The biggest news supplier to UK commercial radio, Sky News Radio is uploading daily news and analysis podcasts
· Astro Radio - Malaysia's largest radio group
· KSL NewsRadio (USA): One of the biggest regional news services in the US, KSL is the number one station in Utah. KSL is uploading news reports and daily shows to nine content channels
· Global Radio Group - LBC, Heart and XFM uploading content to audioBoom
· Magic FM - Magic FM is now uploading the best clips and highlights of their shows to audioBoom
· Ladbrokes: Ladbrokes is a world leader in the betting and gaming industry with over 2,700 betting outlets in the UK, Ireland, Belgium and Spain and over 800,000 active online customers. They are uploading previews of key football games
· WASPS Rugby Club: English Premiership rugby club will upload post-match interviews and previews of their forthcoming debut season in Coventry
· Oxford University: The oldest university in the English-speaking world, Oxford University is now using audioBoom to post their audio content
· Pakistan Cricket Board: The national cricket of team of Pakistan are uploading post-match interviews from tests and one-day internationals
Additionally signed in the UK:
Gathering Heritage, Pirate Party, Buddhist Voices, Igniting Souls, Wickham Festival, Wrexham FC, Preston North End Ladies FC, HouseKeeping DJs, SpellBinding Media
Additionally signed in Rest of World:
Watan FM (Syria), Blackcaps (New Zealand cricket team), Brisbane Strikers FC (Australia), Hockey Australia, Hockey New Zealand, Michael Chopra (soccer, India)
Furthermore, two existing content partners have increased the breadth of the content published to audioBoom:
· Sky Sports News: Sky Sports have enhanced the amount of audio content they are placing through audioBoom, increasing audio interviews and analysis in football and now other sports such as rugby, cricket and darts
· Big D & Bubba - Following a successful campaign with exclusive interviews with Country Music Award winners, Big D & Bubba now have new Channels for their podcasts and interviews which will be embedded in their affiliate station websites
Rob Proctor, CEO of Audioboom, commented, "We continue to attract premium and household names to audioBoom through our active building of content partnerships. Our wide range of content partners within both our key verticals and more niche listening areas, continue to provide audioBoom app users with the best audio content in the world, and we continue to provide our content partners with the best technology."
dreamcatcher
- 17 Dec 2014 16:43
- 47 of 70
Year-end 2014 trading update
RNS
RNS Number : 9641Z
Audioboom Group PLC
17 December 2014
17 December 2014
Audioboom Group plc
("Audioboom" or the "Company")
Year-end 2014 trading update
Audioboom (AIM: BOOM), the digital social media platform, provides a trading update for the year ended 30 November 2014, a year of growth in registered users and content partners, and the establishment of a platform for accelerated future growth.
Highlights
· Trading continues in line with market expectations - the successful fundraising in October will allow for certain expenditure for growth to be accelerated into 2015
· Year-end cash balance of c. £8.9 million
· Over 2,000 content partners, an increase of 675% over 12 months (Nov 2013: 297), with major content partners such as Sky News Radio, Global Radio Group, Magic FM and Ladbrokes recently added - see separate RNS Reach announcement for more information
· 3.14 million registered users, up 64% on same time last year (Nov 2013: 1.92 million)
· The Company expects to release its audited results for the year ended 30 November 2014 on 23 February 2015
Directorate change
Brian Southward, a non-executive director of the Company, has today resigned from the Board following a successful transition to the new non-executive directors appointed at the time of the October fundraising. The Board would like to thank Brian for his good counsel since the acquisition of Audioboom, re-admission to AIM and during the subsequent fundraising and for all his assistance during this transitional period.
Issue of shares
As announced at the time of his appointment to the Board on 13 October 2014, the first year of remuneration for Malcolm Wall, the Chairman of the Company, of £35,000 is to be settled by way of an issue of shares on a basis consistent with that of the other non-executives appointed at the time of the re-admission of the Company to AIM and subsequently, except that the shares are to be issued at 12.5 pence per share, the price of the October placing. In this respect the Company has today issued 280,000 new ordinary shares to Mr Wall, who will as a result hold 480,000 ordinary shares in the Company. Following the issue of the shares and their admission to AIM, the total number of ordinary shares in the Company in issue will be 533,014,557. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, their shareholding in Audioboom.
mitzy
- 17 Dec 2014 17:02
- 48 of 70
A big fall today.
dreamcatcher
- 18 Dec 2014 07:20
- 49 of 70
Recent share price movement
RNS
RNS Number : 1166A
Audioboom Group PLC
18 December 2014
18 December 2014
Audioboom Group plc
("Audioboom" of the "Company")
Recent share price movement
Audioboom (AIM: BOOM), the digital social media platform, announces that the Company knows of no trading or operational reason to warrant the material change in the share price yesterday.
The Company provided a positive trading update to the market on 17 December following on from recent announcements regarding the monetisation of the aggregated audio ad network, further new content wins and a deal with Audible.
The Company continues to pursue its stated strategy for growth.
Rob Proctor, CEO of Audioboom, commented, "I was disappointed to see the fall in Audioboom's share price yesterday; recent announcements have shown the progress we continue to make as we turn Audioboom into a global media company.
"Following the successful launch of our iOS app which saw over 500,000 installs in just three weeks, the Company is greatly looking forward to rolling out its latest iOS app in January 2015 and our all new Android app in February, supported by an extensive online, offline, on air and outdoor marketing campaign throughout Q1."
dreamcatcher
- 19 Dec 2014 15:56
- 50 of 70
Director/PDMR Shareholding
RNS
RNS Number : 3545A
Audioboom Group PLC
19 December 2014
19 December 2014
Audioboom Group plc
("Audioboom" or the "Company")
Director/PDMR Shareholding
Audioboom (AIM: BOOM), the digital social media platform, announces that the Company has received notification that Rob Proctor, Chief Executive of the Company, has today purchased 96,153 ordinary shares in the Company at 10.4p per share.
Following the purchase, Rob Proctor holds 416,153 ordinary shares in the Company (representing approximately 0.08 per cent of the total shares in issue).
dreamcatcher
- 22 Dec 2014 21:28
- 51 of 70
19/12/2014 BUY Rob Proctor CEO 96,153
dreamcatcher
- 08 Jan 2015 11:11
- 52 of 70
Expansion into Africa
RNS
RNS Number : 5993B
Audioboom Group PLC
08 January 2015
8 January 2015
Audioboom Group plc
("Audioboom")
Expansion into Africa
Audioboom (AIM: BOOM), the digital social media platform, announces that it has signed an agreement with an African mobile content aggregator: Cloud Africa, to deliver its Software-as-a-Service ('SaaS') platform functionality, audio content and digital audio advertising to around 100 million mobile subscribers across the continent.
The partnership with Cloud Africa will see the AudioBoom app either pre-loaded onto new handsets, or offered to current mobile contract users as a branded service on the portals of the region's major mobile network operators such as MTN, Airtel and Etisalat.
The telecom companies concerned will support the launch of these services with above-the-line marketing campaigns promoting the AudioBoom service as it rolls out through each country.
The African market has shown tremendous growth in the past few years. Mobile device sales have risen from 11 million in 2001 to 735 million devices in 2014. Mobile is the primary way Africans access the internet.
Revenues will be generated from this pan-continental partnership via a mixture of shared earnings from data packages purchased by mobile subscribers to use the service and various advertising and branding opportunities.
Rob Proctor, CEO of Audioboom said: "Our SaaS platform continues to attract interest around the world from mobile service providers, content partners and consumers alike. We are delighted to bring the Audioboom experience and content to African mobile users.
"The potential in this market is clear to see and working with a premium partner like Cloud Africa, who already have several significant partnerships and a presence throughout the continent, makes it more of an even more attractive proposition."
Rajesh Parmar, CEO of Cloud Africa said: "Audio is an area which could have a significant impact on large markets where bandwidth to deliver mobile video has traditionally been a challenge.
"We believe Audioboom presents a very powerful proposition that will enable local brands and businesses to effectively engage and monetise the mobile channel through the power of premium audio content and strong call-to-action advertising."
deltazero
- 08 Jan 2015 22:14
- 53 of 70
more to come here soon
gla
deltazero
- 09 Jan 2015 08:01
- 54 of 70
fantastic rns - contract win USA
BOOM!!
gla
dreamcatcher
- 09 Jan 2015 15:15
- 55 of 70
Partnership agreement with Nobex Radio
RNS
RNS Number : 7194B
Audioboom Group PLC
09 January 2015
9 January 2015
Audioboom Group plc
("Audioboom")
Partnership agreement with Nobex Radio
AudioBoom (AIM: BOOM), the digital social media platform, announces a partnership with Nobex Technologies Inc. ("Nobex") in the United States. Nobex has an award winning app for streaming live radio content. It has over 20,000 worldwide radio stations on its platform, with over 500 million users.
The partnership between AudioBoom and Nobex will allow 20,000 radio stations in the United States, and 75 other countries around the world, to make on-demand and listen-again audio content available to Nobex mobile app users. The integration of AudioBoom will provide radio stations utilising the Nobex app the opportunity to make use of AudioBoom's full content and technical functionality; stations will be able to get their show highlights, guest interviews, catch-up service and podcasts to their audience via phones and tablets via AudioBoom's on-demand functionality.
Under the terms of the partnership, AudioBoom will pay Nobex a referral fee for every radio station that opens an AudioBoom account to create on-demand functionality and will receive all of the revenue, net of ad sale costs and partner payments, until the referral fee has been recouped. Revenues are likely to be generated through display and audio ads inserted around on-demand plays. Once the referral fee has been recouped, Nobex will pay AudioBoom a fixed percentage of revenues generated through the on-demand audio usage via the Nobex app.
Rob Proctor, CEO of AudioBoom, said:
"We are delighted with this new partnership with Nobex and look forward to working with the company closely to ensure that we are able to provide thousands of radio stations with our functionality and content. We hope this is the first of many partnerships in the US and globally that will not only strengthen the AudioBoom brand and proposition, but also that of our partners and their digital and advertising solutions."
Gadi Mazor, CEO of Nobex, said:
"The partnership between AudioBoom and Nobex will allow us to provide our thousands of radio station partners a complete solution available only to large radio networks until now: an online solution that provides both live and on demand content for their listeners. We are very excited to work with AudioBoom, and provide together the most comprehensive solution to our customers. We believe stations own more than just their content. They own the relationship with their listeners. Nobex Partners provides a mobile app that strengthens that relationship. We want the listener to engage with a station in the station's own app - with the brand the station has built and the listener trusts."
dreamcatcher
- 20 Jan 2015 14:15
- 56 of 70
dreamcatcher
- 22 Jan 2015 12:40
- 57 of 70
Audioboom making a big noise in the 'hottest new digital sector out there'
By Ian Lyall
January 22 2015, 10:55am
Phoning it in: Phase-two will see it chase the consumer market aggressively, for this is where the real value lies. That means it now has to become the default spoken word and podcast player on mobile devices.
Phoning it in: Phase-two will see it chase the consumer market aggressively, for this is where the real value lies. That means it now has to become the default spoken word and podcast player on mobile devices.
Robert Proctor said he could barely raise a smile from the Silicon Valley venture capitalists or indeed any UK based VCs when he took the Audioboom (LON:BOOM) story out on the road, looking for cash.
“Spoken word audio and audio on demand were just not that trendy a couple years ago. Now they are the hottest digital sectors out there,” he told Proactive Investors.
Audioboom’s share price, up over 1,000% last year, reflects the medium’s new-found popularity.
Having utterly transformed the business in less than two years, the aim now is to deliver the real value.
That means cracking the phone and tablet market while at the same time creating a profitable and cash generative business.
Audioboom styles itself as the NetFlix for audio. It was initially set up as a user generated content social network, akin to Twitter for audio.
However, the service offering is now aimed squarely at the largest broadcasters, publishers and sporting organisations, which use Audioboom’s technology as their default audio player on their websites and social media channels.
This has been a huge success with companies such as the BBC, Bauer, Global and Fox using the technology worldwide.
Proctor reckons the firm is now the world’s biggest repository of on demand spoken word content.
More than 2,000 content partners are signed up to Audioboom, which has 5,600 channels and 3.3mln registered users (up from just 25,000 in April 2013) and over 30 million monthly active unique users.
Phase-two will see it chase the consumer market aggressively, for this is where the real value lies. That means it now has to become the default spoken word and podcast player on mobile devices.
It will officially launch on Apple’s iOS platform later this month, although the alpha version of the app is already in the Apple app store, while the Android version will formally go live towards the end of February.
The target is to have 5mln registered users by the end of the year. Proctor reckons the tipping point where the service will have gone viral is around the 7-8 million user mark.
Once this landmark is achieved it can be safely assumed that Audioboom is established and sticky and the process of monetisation through advertising can begin in earnest.
Until it gets to this point, the CEO is keen to keep the mobile app ad-free.
The reality of being a publicly listed firm is that Audioboom, unlike virtually every other high growth internet company in the world, must at some point make money for its investors.
However, Proctor doesn’t want to degrade the user experience before that vital tipping point of virality has been hit.
So, he and the team have come up with a plan that allows the business to break even during 2016 while continuing to develop the consumer offering.
The company will do this by syndicating out its highest quality audio content to third-party websites, with this content carrying pre-,post-roll and graphic display advertising.
By way of explanation let’s use the Audioboom’s tie up with websites devoted to Manchester United.
It has identified around 3,000 sites and blogs that cover the footballing ups and downs of one of the world’s most popular club.
Only a handful of them have media capabilities. So, Audioboom has singled out 128 to receive Man U related audio with advertising attached.
This model is being replicated for all the Premier League teams, across other sports such as cricket, rugby and cycling. Aditionally the company is creating audio content and ad networks for all of its major content genres, including: entertainment, news, business and music.
By the end of the quarter, the company estimates its sports network alone could number 4,000 sites, attracting 30mln unique users.
Web advertising experts reckon conservatively this could generate a monthly income of around £300,000 for the sports content alone. Proctor won’t comment on the figure.
The group came to AIM by reversing into cash shell Delta One.
It raised just under £3.5mln at 1.5p in March and topped this up in October with a further £8mln.
The current market capitalisation of £52mln may from the outside may look a little toppy for a business that is likely to remain loss-making for most of the next two years.
However, this is very definitely the wrong way to look at Audioboom.
Spotify is widely rumoured to be gearing up for an IPO that would value the music streaming service at US$10-15bn.
On that basis its 60mln users are worth just over US$200 each.
Applying that metric to Audioboom delivers a number that is just under 10 times its current market capitalisation.
But given the user base is nowhere near the critical mass it requires, you would have to discount that per subscriber valuation significantly.
A value of US$25 per subscriber gives us the business’s current market worth. There is an argument that for Audioboom $50 to $100 per head is closer to the mark.
That argument can rage. This analysis simply reveals that the current share price, which has gone from 1.5p last March to just under 10p today, provides a conservative valuation yardstick.
The recent flow of announcements reveals the group is gaining significant traction with content providers.
Its partnership with Nobex Technologies opens the door to 20,000 radio stations worldwide with 500mln users streamed via the American firm’s award winning app.
Meanwhile, the tie-up with Amazon-owned audio books group Audible reveals how Audioboom’s attraction as platform for paid-for content.
Deals of this ilk were the thing of dreams back in April 2013 when the business in its current form started with just 25,000 registered users.
“We started from a low base less than two years ago,” said Proctor. "I think we have done alright so far, but we have big plans for 2015 and we can see the hockey stick growth beginning across a number of our key KPIs.”
dreamcatcher
- 19 Feb 2015 19:29
- 58 of 70
Finals Mon 23 Feb
dreamcatcher
- 23 Feb 2015 15:39
- 59 of 70
Final Results
RNS
RNS Number : 5357F
Audioboom Group PLC
23 February 2015
23 February 2015
Audioboom Group plc
("Audioboom" or the "Company")
Final Results
Audioboom (AIM: BOOM), the leading spoken-word audio on-demand mobile platform, announces its final audited results for the 11 month period ended 30 November 2014, a period of continued growth in its active userbase and content partners, and during which the Company has established a platform for accelerated future growth and long term revenue generation.
Audioboom is a mobile, web and connected device platform which aims to provide the very best spoken-word content in news, current affairs, business, entertainment and sports - see www.audioboom.com. Audioboom is using this platform to create the world's first aggregated audio content syndication and advertising network.
Period-end highlights
· 3.14m registered users, up 64% on same time last year (Nov 2013: 1.92m)
· Over 2,000 content partners (Nov 2013: 297)
· Launch of new free iOS Audioboom app and rebranding as Audioboom
· Media sales partnership with talkSPORT
· Year-end cash balance of £8.9m following oversubscribed placing in October 2014
Post-period highlights
· Major new content deal with Russell Brand and launch of marketing campaign
· Advertising revenues to come from media sales deals with Global Radio (UK) and AdLarge Media (US)
· Revenue referral agreement with Audible, a subsidary of Amazon.com
· Partnership to make on-demand and listen again functionality available to radio stations utilising the Nobex mobile app platform
· Expansion into Africa via mobile content aggregator Cloud Africa
· Continued growth in registered users (to 3.4m) and content partners (to 2,300) in Q1
Rob Proctor, CEO of Audioboom, commented:
"We remain very much on course with our plans to establish a global userbase of listeners who are attracted by our 'go to' destination for spoken-word audio covering sport, news, business, entertainment and current affairs. We believe consumers want a new way to listen to spoken-word audio and that is through digital devices, with content delivered on-demand. The number and range of high quality, global content partners using Audioboom to provide short, snappy, interesting and shareable pieces of audio continues to grow.
At this stage of the business our focus, and the driver of shareholder value, will be through providing the highest quality content and attracting as wide an audience as possible. A platform like this has significant potential for revenue generation through the creation of the first aggregated audio content syndication and ad network based on embedded audio carrying adverts."
Presentations for analysts and investors will take place later today. To
dreamcatcher
- 23 Feb 2015 18:12
- 60 of 70
YOLO tunes into Audioboom with £245k investment
By Andrew Neil
February 23 2015, 5:36pm
YOLO tunes into Audioboom with £245k investment
YOLO (LON:YOLO), an AIM listed company investing in leisure and technology, has invested £245,000 in digital social media platform Audioboom (LON:BOOM).
The cash deal sees YOLO acquire 2.5mln shares in the firm – equivalent to a 0.47% stake in the company.
Audioboom styles itself as the NetFlix for audio. It was initially set up as a user generated content social network, akin to Twitter for audio.
However, the service offering is now aimed squarely at the largest broadcasters, publishers and sporting organisations, which use Audioboom’s technology as their default audio player on their websites and social media channels.
Simon Robinson, chief executive of YOLO, said: "We are very pleased to have taken a strategic investment into Audioboom, on the basis that the business has strong growth and value potential within the global mobile audio and streaming sector.
“As the leading spoken-word audio on-demand mobile platform, Audioboom is well positioned to establish a global userbase of listeners covering sport, news, business, entertainment and current affairs."
dreamcatcher
- 23 Feb 2015 18:14
- 61 of 70
dreamcatcher
- 24 Feb 2015 07:18
- 62 of 70
Audioboom Launches New Android App
RNS
RNS Number : 6629F
Audioboom Group PLC
24 February 2015
Audioboom Group plc
("Audioboom" or the "Company")
Audioboom Launches New Android App
Audioboom (AIM: BOOM), the leading spoken-word audio on-demand mobile platform, announces that it will relaunch its Android app with an updated design and a host of new features tomorrow.
The new app - which will be available from Google Play - launches shortly after the announcement of the Company's partnership with comedian and presenter, Russell Brand, who will be recording The Russell Brand Podcast exclusively for the platform.
The platform currently has 3.4 million registered users around the world, and works with over 2,300 global content partners and broadcasters.
The Android app includes:
· a completely redesigned interface in line with the Audioboom iOS app;
· Your Player, which plays the freshest content from the channels and people the user is following, plus trending and relevant audio from the categories they like;
· a custom-built recommendations engine to learn what audio the listener loves;
· a download function to save audio posts for offline listening with one swipe;
· an updated record, trim and upload function to let the user quickly create their own clips to share with the world.
Rob Proctor, CEO of Audioboom, commented:
"The launch of our iOS app at the end of last year was a huge success, and we're excited now at long last to bring the same functionality to our Android users. We believe we are reinventing radio consumption for the digital age, and the new app allows people the opportunity to listen and curate audio when they want to. Having moved from user generated content to high quality, professional content, we are rapidly becoming the Netflix for audio."