Source - LSE Non-Regulatory
RNS Number : 7601T
Audioboom Group PLC
22 March 2023
 

REACH

 

 

Audioboom Group plc

("Audioboom" or the "Company")

 

Audioboom and Formula 1 renew podcast partnership

 

Audioboom (AIM: BOOM), the leading global podcast company, will continue its strategic alliance with Formula 1® through 2025, partnering on the production, distribution and monetisation of Formula 1's official podcasts including F1: Beyond the Grid and F1 Nation.

 

Audioboom's production arm, Audioboom Studios, will co-produce Formula 1's podcast slate, while the Audioboom technology platform will power global distribution of the shows. Audioboom will also provide monetisation services for the partnership through its premium advertising products and Showcase, its global ad-tech marketplace.

 

Since Formula 1's move into podcasting in 2018, their official podcasts have been downloaded more than 80 million times. The award-winning and critically acclaimed F1: Beyond The Grid, sees journalist and Formula 1 insider Tom Clarkson share in-depth interviews with current stars like Sir Lewis Hamilton and Charles Leclerc, plus legendary champions from the sport's past. Clarkson also joins World Champion Damon Hill and globe-trotting race reporter Natalie Pinkham to bring F1 Nation listeners big guests, expert racing insight, and behind-the-scenes stories.

 

Audioboom's CEO, Stuart Last, commented: "We are thrilled to once more extend our partnership with the team at Formula 1. This partnership encompasses every aspect of the Audioboom platform - our distribution technology, our production services through Audioboom Studios, and our cutting-edge advertising products. We are excited to be delivering incredible value to F1's engaged and dedicated podcast fans."

 

Lisa Spencer-Hayes, Head of Digital Advertising and Content Partnerships, Formula 1, commented: "Since 2018, Audioboom and Formula 1 have worked hand in hand to deliver for our fans in the podcast space, first with Beyond The Grid and then with F1 Nation, a product we successfully launched together during lockdown in 2020. Audioboom have delivered the speed, accuracy, reliability and depth of distribution that Formula 1 requires and we look forward to continuing our partnership over the coming years."

 

Enquiries

Audioboom Group plc


Stuart Last, Chief Executive Officer

Brad Clarke, Chief Financial Officer

  

Tel: +44(0)20 3714 4285

 

 



finnCap Ltd (Nominated Adviser and Broker)

Tel: +44(0)20 7220 0500

Jonny Franklin-Adams/Abigail Kelly/Milesh Hindocha (Corporate Finance)

Charlotte Sutcliffe/Harriet Ward (ECM)

 

 


About Audioboom

Audioboom Group plc ("Audioboom") is a global leader in podcasting - our shows are downloaded more than 130 million times each month by 34 million unique listeners around the world. Audioboom is ranked as the fourth largest podcast publisher in the US by Edison Research.

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), 'True Crime Obsessed' (US), 'The Tim Dillon Show(US), 'No Such Thing As A Fish' (UK), and 'The Cycling Podcast' (UK).

Audioboom Studios is home to a slate of content developed and produced by Audioboom, including 'Dark Air with Terry Carnation', 'F1: Beyond The Grid', 'RELAX!', '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 Australasia. 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. 

 

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