Acast has received €25 million in financing from the European Investment Bank as part of an unusual “quasi-equity” deal. Wait, what? Also: Ximalaya, plus Spotify-Anchor integration
This news dropped came out last week, but it’s worth unpacking. The two podcast companies have launched a new joint venture called Podfront UK, which holds the express purpose of establishing a sales presence in the region to monetize the considerable UK-based listens experienced by both companies. I’m told that the UK represents the third […]
The “Netflix for Podcasts” Theory and Non-US Markets
First Look Media has shut down two of its digital properties: Topic Magazine and The Nib, and the organization appears to be doing so to allocate more resources to Topic.com’s original video content production. Study Hall’s media newsletter first reported the development. However, I’ve been told that these cuts do not affect the podcast operations […]
A Patreon-like playbook?
The place where I live in the north west of England often feels closer to Ireland than it does to London. My city, Liverpool, has lots of historic, cultural, and family tries that visibly cuts across the Irish Sea. Indeed, it constantly surprises me sometimes with just how connected the two places are. For instance: […]
A win for Australian startups, at the very least.
I am, naturally, interested in China. Partly because I’m always going to be curious about what folks who look like me are up to, but mostly because when it comes to China, by some measures the largest economy in the world, you’re never quite unaffected by its machinations. Podcasting, and on-demand audio more broadly, is […]
Acast continues its push into smaller European markets.
A look up North, and Down Under.