Business
Contract win
Contract win.
About this update from Audioboom Group Plc
[{"type":"text","content":"\n \nRNS Number : 0369B Audioboom Group PLC 05 January 2018 \n\n \nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement, this information is now considered to be in the public domain.\n \nAudioboom Group plc\n('Audioboom' or the 'Company')\n \nContract Win\n \n'Casefile' a leading podcast joins Audioboom's digital platform\n \n \nAudioboom (AIM: BOOM), the leading spoken word audio on-demand platform, announces that it has signed a multi-year contract to host Casefile, a true crime podcast, on its digital platform. The Board is hopeful that the contract will generate potentially material incremental hosting, distribution and advertising revenues from Casefile podcasts in the Company's current and future financial years.\n \nLaunched in January 2016, Casefile regularly features among the top 50 shows on the Apple Podcasts chart, rising as high as fourth in July 2016.\nCasefile's mini-series on Yorkshire Ripper Peter Sutcliffe received 5.8 million downloads. Its most popular single episode was on tourist Peter Falconio, who disappeared, presumed murdered, in the Australian outback. That episode has more than 4.2 million downloads.\nCasefile moves to Audioboom for no acquisition cost in a commercially focused revenue sharing agreement, which further demonstrates Audioboom's growing industry recognition as the 'go-to' podcast advertising company for podcasters and advertisers across the globe.\n \nThe Board believes that the acquisition of some of the biggest podcasts in the world will help drive audience adoption of Audioboom's original content network which launched in 2017. The Audioboom Originals network comprises hit shows like Mission To Zyxx and Deliberations, with a slate of 15 podcasts due to launch in 2018. The Board believes that the Audioboom Originals network will generate higher returns for the Company through stronger margins and IP ownership. \n \nRob Proctor, CEO of Audioboom, said: \"I am absolutely delighted that Casefile is coming exclusively to Audioboom. It is truly one of the stand out podcasts and has a huge international appeal. I am confident that Casefile...