Audioboom
Ad sales and monetisation · Hosting platforms · Production studios
Address: 
1 Leathermarket St, London SE1 3HN, UK
AudioBoom PLC is an on-demand audio and podcasting distribution platform. AudioBoom offers business-to-business services to the radio, media and podcast industries. Wikipedia
Website: audioboom.com
Symbol: LON:BOOM
Latest news
- Sep 18: Correction: on Friday we suggested that Audioboom had cancelled a minimum contract. As detailed in the company’s H1/23 financial report, the company has one onerous contract which it made provision for; but Stuart Last, the company’s CEO, tells us “We have not and will not cancel this contract. Audioboom has never cancelled a minimum guarantee that has been contracted with a partner. We honor our contracts with creators including payments of minimum guarantees within those contracts.” We’re happy to make this clear.
- Sep 15: Correction: an earlier version of this story said that Audioboom had cancelled a minimum contract. As detailed in the company's H1/23 financial report, the company has one onerous contract which they made provision for; but Stuart Last, the company's CEO, tells us "We have not and will not cancel this contract. Audioboom has never cancelled a minimum guarantee that has been contracted with a partner. We honor our contracts with creators including payments of minimum guarantees within those contracts." We're happy to make this clear.
- Jul 20: UK-based podcast company Audioboom released financials for H1/23. Q2 revenue at US$16.4mn is up 6.5% on Q1 revenue; but the company made a loss. One un-named "individual partner contract" - signed in Q1/22, and lasting until July 2025 - lost $1.8mn in H1/23 and will cost the company $8.9mn in total. Wonder who?
- Jun 26: Podcast ad monetisation company Audioboom issued a profit warning. "the Company expects the revenue and adjusted EBITDA for the current financial year to be lower than previously anticipated", it said, adding: "The Company has adjusted the approach taken to calculating its minimum guarantee offers for podcast partners". Shares fell over 27%.
- Apr 20: Audioboom released the company's financial update for Q1/23. Q1 revenue was down more than 20% year-on-year, but excluding Morbid, a show that left Audioboom last year, revenue is static. The company posted a profit of $0.2mn.
Data credits: Google Maps, Podnews newsletter, Wikipedia