Mergers, Acquisitions, and Business Moves by Audioboom
Audioboom confirms strategic review but no offers received so far
Audioboom Group PLC is conducting a strategic review, considering options including a potential sale, but has not received any offers. The company is in talks with strategic partners and trade peers ...for potential partnerships. Fox Corp and iHeartMedia are speculated as potential bidders.
Audioboom Acquires UK Podcast Leader Adelicious - Podnews
Audioboom has acquired Adelicious, a leading UK podcast network, to form the largest homegrown podcast network in the UK. This acquisition will enhance advertising opportunities and provide expanded ...marketing, technology, and monetization support. Andrew Goldsmith, CEO of Adelicious, will join Audioboom's executive team as President of the UK division.
Funding News and Financial Performance of Audioboom
Audiobooms Q2: A fantastic achievement
Audioboom's Q2 2025 update reveals significant growth, with adjusted EBITDA up 400% to $1.2 million and gross profit rising 35% to $4 million. Revenue increased by 5% to $17.8 million, driven by the ...expansion of the Audioboom Creator Network and growth in their tech-based advertising marketplace, Showcase. CEO Stuart Last anticipates further growth in the second half of 2025.
Leadership and Executive Team Updates at Audioboom
Audioboom Appointment Signals Next Phase of Global Growth
Audioboom has appointed Craig Eastwood as VP of International, following its acquisition of UK podcast network Adelicious. Eastwood will lead Audioboom's international expansion, focusing on commerci...al partnerships, new market operations, and M&A opportunities outside the US and UK. This move aligns with Audioboom's strategy to enhance its global presence and support creators and advertisers in the evolving podcast industry.
