Notice of Trading Update, Launch of BOOM Studios

RNS Number : 2687O

Audioboom Group PLC

07 October 2021

 

Audioboom Group plc

("Audioboom", the "Group" or the "Company")

Notice of Trading Update and Investor Presentation

Launch of Audioboom Studios and UK Production

Notice of Trading Update and Investor Presentation

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce that it will release its Q3 trading update for the period ended 30 September 2021 on 13 October 2021.  Stuart Last, CEO, and Brad Clarke, CFO, will provide a live presentation relating to the trading update via the Investor Meet Company platform on 14 October 2021 at 3:00 pm.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9:00 am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and can access the Audioboom presentation via:

https://www.investormeetcompany.com/audioboom-group-plc/register-investor

Investors who already follow Audioboom on the Investor Meet Company platform will automatically be invited.

Launch of Audioboom Studios and UK Production

Audioboom is also pleased to announce the launch of Audioboom Studios and its UK production operation.

Audioboom Studios is the new business unit encompassing all creative services within the Group, including: original show development; co-productions; branded content; production services; and creative advertising services.

The UK production operation was launched on 1 October 2021 under the Audioboom Studios banner. It currently produces the official Formula 1 podcasts F1: Beyond The Grid and F1 Nation, plus the recently launched FBoy Podcast.

Methods of Murder will be the first original show developed by Audioboom specifically for the UK market, with six further original shows for that market currently in development for 2022.

Stuart Last, CEO of Audioboom, said: "The launch of our production arm in the UK is an important step in our goal to become the leading British podcast creator. Our show development process will be supported by the significant level of audience insight that we capture through our platform".

Enquiries

Audioboom Group plc
Stuart Last, Chief Executive Officer Brad Clarke, Chief Financial Officer	Tel: [phone]
Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
David Hart / Alex Brearley (Corporate Finance) Amrit Nahal (Sales and Corporate Broking)

About Audioboom

Audioboom is a global leader in podcasting - our shows are downloaded more than 98 million times each month by 30 million unique listeners around the world. Audioboom is ranked as the fourth largest podcast publisher in the US by Triton Digital.

Audioboom's ad-tech and monetisation platform underpins a scalable content business that provides commercial services for a premium network of 250 top tier podcasts, with key partners including 'Casefile True Crime' (US), 'Morbid' (US), 'True Crime Obsessed' (US), 'The Morning Toast' (US), 'No Such Thing As A Fish' (UK), and 'The Cycling Podcast' (UK).

The Audioboom Originals Network is a slate of content developed and produced by Audioboom including 'Dark Air with Terry Carnation', 'RELAX!', 'Baby Mamas No Dramas', 'Covert', 'It's Happening with Snooki & Joey', 'Mafia', 'Huddled Masses' and 'What Makes A Killer'.

Audioboom operates internationally, with operations and global partnerships across North America, Europe, Asia and Australia. The platform allows content to be distributed via Apple Podcasts, Spotify, Pandora, Amazon Music, Deezer, Google Podcasts, iHeartRadio, RadioPublic, Saavn, Stitcher, Facebook and Twitter as well as a partner's own websites and mobile apps. 

For more information, visit audioboom.com.

 

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