In case you are still wondering what that iOS 17 automatic downloads change is and why it matters, Podnews has a comprehensive breakdown.5.1 billion in 2022), but the average revenue per listen increased. The company reported a slight year-over-year decline in listens (5 billion in 2023 vs. Acast reported its first profitable quarter.The funding is mainly for the development of proprietary tech for podcasters. Sports podcast company Blue Wire has raised a new round of funding led by Decathlon Capital, according to Axios.Some of that money may go toward paying down company debt, which is an issue for all of the radio giants. iHeartMedia sold its stake in performance rights organization BMI for $101.4 million.The awards ceremony will be held on March 26th in LA. Ten shows have been nominated for Podcast of the Year, including Embedded from NPR, Ghost Story from Wondery and Pineapple Street Studios, and 50 Years of Hip-Hop from KEXP. The Podcast Academy has revealed the nominees for this year’s Ambies.
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