Acast

Yesterday, the Acast product department had the pleasure of hosting Ed Stuart-Bourne from Monzo Bank in our final External Product Corner of the year 🗯️ 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬: 🧑🦰 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫-𝐟𝐢𝐫𝐬𝐭 𝐜𝐮𝐥𝐭𝐮𝐫𝐞: Monzo’s ethos puts customer needs ahead of short-term business gains, embedding customer-centricity in every decision. ➿ 𝐑𝐞𝐚𝐥-𝐭𝐢𝐦𝐞 𝐟𝐞𝐞𝐝𝐛𝐚𝐜𝐤 𝐥𝐨𝐨𝐩𝐬: Their in-app pulse surveys feed directly into Slack, enabling teams to act quickly on customer feedback. A great model for keeping teams connected to the user experience. 🍦 𝐁𝐚𝐥𝐚𝐧𝐜𝐢𝐧𝐠 𝐝𝐞𝐥𝐢𝐠𝐡𝐭 𝐚𝐧𝐝 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐞𝐬: Monzo ensures “polish” and delightful features (like emoji reactions on payments) are prioritized alongside larger initiatives, supported by leadership buy-in. 🤖 𝐇𝐚𝐜𝐤𝐚𝐭𝐡𝐨𝐧𝐬 𝐚𝐬 𝐜𝐫𝐞𝐚𝐭𝐢𝐯𝐞 𝐞𝐧𝐠𝐢𝐧𝐞𝐬: From Gambling Block to Mortgages, some of their most impactful products started as hackathon ideas—a reminder of the power of experimentation. Here’s to bringing some of that Monzo magic into 2025 at Acast! 💡✨ This product corner wrapped our list of speakers over the past year, which have included world-class product leaders from not only Monzo, but also Blue Origin, Miro, TikTok and GoogleLabs 🌟 I firmly believe that outside inspiration and product war stories spark creativity and fuel new ideas for our team at Acast. Speaking of Acast, we’re gearing up for a BIG 2025. 🚀 Keep an eye on our careers page: https://www.acast.com/jobs as we begin rolling out some exciting new roles —come join the journey! 🎉 #ProductManagement #Innovation #TeamAcast #Hiring

More great news from us. Today, we’ve announced that we're acquiring Wonder Media Network (WMN), the full-service, award-winning creative studio. 💥 WMN produces podcasts, as well as audio, digital, experiential and social campaigns for brands like Nike, Pfizer, GE and Mercedes Benz. WMN will combine with our existing creative team in the US to form a new division, Acast Creative Studios ✨. It will provide advertisers with integrated campaigns and branded content solutions, reaching audiences across audio, video, social, live events and more.📱📹 Acast Creative Studios will also include WMN’s existing original content arm which will continue to produce its award-winning podcasts.🎙️ This acquisition will supercharge our creative and production offering in the US, with the introduction of a highly experienced content studio. Together, we will help creators and advertisers to reach new audiences, build successful businesses and ultimately shape the future of audio for good. 💛 We’re so happy to have you, Wonder Media Network – welcome aboard! 🚀 https://lnkd.in/eRbRe-zi

🔮 We’ve dusted off our crystal balls to see what 2025 holds for podcast advertising—and the future is looking bright. With 9 million new listeners in the U.S. alone each year, podcasting's continued growth brings new opportunities for brands to connect with highly engaged audiences in more ways than ever. But as the medium evolves, so do the challenges. That’s why we asked some of the sharpest minds in the industry—including experts from Acast: Greg Glenday, Valerie Reimer, and Shantae Howell (she/her); Sounds Profitable's Bryan Barletta; and Tinuiti's Shasta Cafarelli—to share their predictions for 2025. From the rise of omnichannel campaigns and advancements in AdTech to the untapped potential of emerging markets, these insights give you peek into what's next in the podcast queue ⏭️ 💡 Read the full article: https://lnkd.in/gJieUAyU #PodcastAdvertising #DigitalMarketing #AdTech #MediaTrends

At Acast, one of our core functions is to build software products that allow us to match podcast creators' audiences with brands that want to advertise to them. Through our productized marketplace we match advertisers and audiences in a way that helps grow the creator economy and allows more people to connect through storytelling worldwide. Today VP of Product at Acast Milly Botes details how her team accomplishes this and applies investment philosophies to their product management and development strategies. https://lnkd.in/eYsCF9TU

Yesterday, Acast's UK and Ireland team hosted 24 young people from social mobility charity LTSB for an "Intro to Acast" day – and what a brilliant day it was ✨ From an overview of Acast and the podcasting industry, to our Acasters openly and honestly sharing their career stories, to creative briefs and presentations in front of our "expert panel" and a speed networking session at the end to finish things off. Thank you so much to LTSB for being SO engaged and for getting involved in such a wonderful day. We loved it. Special thanks to: Catherine Gurner, Khalil Kennou and all the cohorts at LTSB and then from Acast: Lucy Ballance, Sam Shetabi, Guzzie Armitage, Rebecca Kelleher, Dapo Olowu, Sarah Ngana, Max Milner, Thomas Roach, Sophie Herdman, Summer Baxter, Sophia Karydis, Jemima Haque and Michael Thomas Can't wait to have you back again next year. 💛

Earlier this week, surrounded by the best of the best in the industry, Acast was honored with four Signal Awards 🏆 All four awards were in the Branded Shows and Advertising category– cementing Acast’s place as a global leader in podcast advertising and creative brand storytelling. Congratulations to all of the winners and to the brilliant creatives on the Acast team 🎉

Today we announced a new partnership with TED Conferences to bring all 26 podcasts to Acast. This brings a massive audience of more than 176 million annual listens to Acast for advertisers to connect with. https://lnkd.in/exfB7_d2

Our 'Podcasts You Can Trust' series on Instagram offers a behind-the-scenes look at respected publishers including The Telegraph, The Guardian, Tortoise Media, The Times and Financial Times, showcasing the rigorous processes these organizations follow to deliver quality content. With 2024 being dubbed "The Podcast Election" year, more individuals are turning to podcasts for in-depth analysis and nuanced discussions. As well as hearing directly from the candidates. And the stats back this up: 1 in 5 podcast listeners cite podcasts as their primary news source, and 31% express higher trust in news delivered through podcasts compared to other sources. Find out more about 'Podcasts You Can Trust' to learn about the dedication behind these trusted news sources: https://lnkd.in/gCQqKUcH

📣 Resultaten för Q3 2024 visar en årlig tillväxt och en positiv EBITDA-marginal om 3 % för kvartalet. 💥 Tidigare idag presenterade vår VD Ross Adams och CFO Emily Villatte våra finansiella siffror för Q3 2024. De senaste månaderna har varit starka och vi följer vår plan att nå ett positivt EBITDA-resultat för helåret 2024. Vårt fortsatta fokus på att förbättra intjäningen per lyssning och kostnadskontroll ger resultat och vi är stolta över var vi står idag och vårt bidrag till podcastbranschen. Vi arbetar för en mediekanal som gör skillnad och som samtidigt kopplar samman människor över hela världen. Vi tror på ett “multiversum av podcasts” där poddkreatörer utvecklas bortom enbart ljud och in i världen av video, sociala medier, liveevent med mera. Samtidigt möter vi annonsörernas ökade efterfrågan på omnikanalkampanjer som når publiken, var de än befinner sig. Ett stort tack till våra fantastiska kreatörer, varumärken, annonsörer och partners för ert förtroende och stöd. Podcastbranschen utvecklas och vi på Acast står i centrum – vi stöttar kreatörer och annonsörer och växer över olika plattformar. Mot framtiden!🚀 En överblick av våra resultat: - 💰  Vår nettoomsättning ökade med 12 %, varav 14 % var organisk tillväxt - 📈 Vår bruttomarginal förblev hög på 40% - 💸 Vi genererade ett EBITDA-resultat på 16 MSEK, motsvarande en EBITDA-marginal på 3 % för kvartalet (-6% i Q3 2023) och fortsätter stadigt mot att nå vår målsättning om EBITDA-lönsamhet för helåret. - 🎙️ På vår plattform finns över 135 000 podcasts och 2 700 annonsörer världen över - 🎧 Våra lyssningar uppgick till mer än 1 miljard under kvartalet - 🤗 Vi har nu betalat ut mer än 410 MUSD till våra kreatörer sedan vår lansering Du kan läsa hela rapporten på  investors.acast.com eller snart lyssna på vår presentation (som en podcast) här: https://lnkd.in/eGaXyqFs

📣 Just announced: Q3 2024 results reveal year on year growth as we hit another profitability milestone with a positive EBITDA margin of 3%. 💥 Earlier today, our CEO Ross Adams and CFO Emily Villatte shared our latest figures for Q3 of 2024 with the world, and it’s been a great few months with our full-year EBITDA profitability goal in sight. Our continued focus on cost control and monetization is delivering results, and we are so proud of where we are and what we do for the business of podcasting. For championing a media channel that genuinely does good for the world, and simultaneously helping keep the world connected. We believe in the “multiverse of podcasts”, as podcasters evolve beyond just audio – into the realms of video, social media, live events and more. And we’re meeting increased demand from advertisers for omnichannel campaigns which meet these audiences, wherever they are. Thank you to our incredible creators, brands, advertisers and partners for believing in us. The industry is evolving, and we at Acast are at the center, supporting creators and advertisers and expanding cross-platform. This IS the time for the business of podcasting. Here’s to the future.  🚀 A snapshot of our results below: - 💰  Our net sales grew 12%, with 14% being organic growth - 📈  Our gross margin remained high at 40% - 💸  EBITDA of SEK16m, reflecting an EBITDA margin of 3% in the quarter (-6% in Q3 2023), and we remain on track for full-year EBITDA profitability - 🎙️  Our platform hosts more than 135,000 podcasts and 2,700 advertisers globally  - 🎧  Our listens landed at more than 1 billion for the quarter  - 🤗  We’ve now paid out more than $410 million to our creators since launching You can read our full report at investors.acast.com, or listen back to our presentation (in podcast form) shortly here: https://lnkd.in/eGaXyqFs