European podcast companies: revenues and costs both up

Visit https://podnews.net/update/pod....imo-acast-results-h1 for all the links, and to get our newsletter. Danish premium podcast company Podimo released a financial report for 2022. Revenue tripled from DKK 45mn (US$6.7mn) in 2021 to DKK 152mn (US$33.7mn) in 2022; but the company's losses also tripled, to DKK 328mn (US$49mn). Talking about the deficit, CEO Morten Strunge is quoted as saying “When we enter a new market, we must have a minimum catalog of content from day one. After all, you can't just launch a subscription service with one podcast." UK-based podcast company Audioboom released financials for H1/23. Q2 revenue at US$16.4mn is up 6.5% on Q1 revenue; but the company made a loss. One un-named "individual partner contract" - signed in Q1/22, and lasting until July 2025 - lost $1.8mn in H1/23 and will cost the company $8.9mn in total. Wonder who? Spanish-language podcast platform iVoox has released an annual report into the state of podcasting in Spanish. Podnews has an English translation; the Spanish version is on the iVoox website. A third of all Spanish podcasters started their show in the last year; over a quarter of shows include video; and almost 20% are earning revenue from their podcasts. Classifieds - your job or ad here🤖✍AI Writer Built for Podcast Agencies & Networks — Swell AI: Automate writing shownotes, articles & more. Made for high-volume podcast workflows with time based billing, Enterprise API, Zoom, Dropbox, and Google Drive integrations. Get started free.Why your show isn't growing — Get a personalized breakdown of the gaps in your strategy keeping you from more subscribers & ROI with this free 2-min podcast marketing audit.🌈🦄Podium: The BEST AI for podcasters🌈🦄 — Supercharge your podcast with AI show notes, chapters, and more. "Podium easily saves me over $150 per episode." —Derek 🔥 GET 3 FREE HOURS 🔥 Also, we use unicorn emojis. Proof, we're the best.Make Your Podcast 72% More Engaging — Giide.com: add images, links, videos, gifs and ads to your podcast and share on social, web/mobile in minutes. Try our publishing tool for free and transform listening into an interactive experience.Gen AI for Podcasting Workshop at Podcast Movement — Experience "Generative AI for Podcasting" at Podcast Movement Aug 21, 2023! In this pre-event workshop, you'll learn how AI can make script writing, audio, and image design better and more ef