![]() ![]() “As part of Automattic, Pocket Casts will continue to provide you with the features needed to enjoy your favorite podcasts (or find something new),” Automattic’s Head of Apps Eli Budelli said. “We will explore building deep integrations with and Pocket Casts, making it easier to distribute and listen to podcasts. Integration with may be on the horizon but it’s currently in the exploration stage. The company has also demonstrated a growing interest in podcasting-related technologies with its recent investment in Castos and partnership with Spotify’s Anchor podcast creation platform.Īcquisition announcements often include assurances of no changes for current customers but Automattic’s post made no promises and did not share many details regarding its plans for Pocket Casts. After acquiring Tumblr and Day One, Automattic is starting to gain a reputation for buying up apps that people love to use and giving them a fighting chance at financial stability and longevity. No financial details of the acquisition were disclosed but Automattic may have gotten a bargain on Pocket Casts if its other owners were also losing money. The board governing the company met in December 2020 and agreed to sell Pocket Casts. BBC Studios also held a small ownership stake in the platform prior to Automattic’s acquisition.ĭespite being widely regarded as one of the best podcasting apps available, NPR’s financial statements and auditor’s report from 2020 shows a net loss of more than $800K. In May 2018, Pocket Casts was acquired by public media organizations NPR, WNYC Studios, WBEZ Chicago, and This American Life. Pocket Cast Plus tier, which gives users access to desktop apps, cloud storage, watch playback, and themes and icons for $9.99/year. ![]() Its creators have been monetizing the app through its Previously a commercial-only app, Pocket Casts has been free since it switched to the freemium model in September 2019. The app allows users to keep all of their podcast subscriptions together in one place and sync between platforms. Australian co-founders Russell Ivanovic and Philip Simpson are staying on to continue leading Pocket Casts as a part of the acquisition. And when you're ready let us help you find the right Customer Relationship Management software.Automattic has acquired Pocket Casts, a popular podcast listening, search, and discovery app for Android and iOS. Find useful articles like How to Choose a CRM System, CRM 101, the CRM Method and CRM and the Cloud. It's Free, Easy & Quickįollow our CRM News page for breaking articles on Customer Relationship Management software. It’s possible Automattic could push individuals toward content from the WordPress users.įind the Right CRM Software Now. Although Wallet Casts is a hearing app, it’s furthermore well-known for its breakthrough features and curation. Most probably, it’ll keep creating on that eyesight with its Pocket Casts acquisition. Although the function relies on text-to-speech technologies, which isn’t since personal and human-sounding as, well, an actual human, the wide idea clearly talks to WordPress’ desire for helping bloggers connect through podcasts. ![]() com in Feb this year, which allows individuals to turn blog posts directly into audio content with a number of clicks. Interestingly, the Spotify-owned app Anchor introduced the partnership with Wp. We’ve provided to Automattic with regard to comment on how this plans to profit from the app, along with learn more about whether it is keeping all of the Wallet Cast employees upon full-time. ![]() The particular app, which is liberated to download, was taking a loss, and NPR apparently lost $800, 000 onto it last year. Wallet Casts initially went for sale in January right after its board associated with public media associates voted to do so. This started monetizing by way of a program called Wallet Casts Plus, which charges customers a monthly membership fee for functions like desktop application access and a stand alone Apple Watch application, in 2019. It’s been well-received, particularly from websites like The Verge, because it’s offered across platforms. Wallet Casts launched this year and sold in order to NPR and a group of some other public media organizations eight years afterwards. com and Wallet Casts, making it simpler to distribute and pay attention to podcasts. “We will certainly explore building serious integrations with Wp. “As element of Automattic, Pocket Casts will continue to offer the features needed to take pleasure in your favorite podcasts (or find something new), ” the article states. The blog write-up announcing the buy didn’t offer a lot in the way of an examine, but it did tease potential future integrations. com and lately purchased Tumblr, announced today that it is acquired Pocket Casts, the well-regarded podcasting app. ![]()
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