Acast, the largest independent podcast company, has announced full-year profitability for 2024 following a profitable Q4, a first for the company. CEO Ross Adams highlighted that Acast hosts over 140,000 podcasts and caters to 3,300 advertisers, reaching over a billion listeners quarterly. Since inception, they've generated $440 million in revenue, shared with creators. Adams emphasized the evolution in the podcasting space with the integration of video and omnichannel strategies, indicating that this is merely the beginning of many opportunities ahead.
Acast has officially hit profitability. Which is a huge milestone for any company, and a massive achievement.
It is a huge time for the business of podcasting, as we continue to evolve.
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