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Auddia Announces Doubling the Number of Stations in Its faidr Mobile App

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Auddia Inc. (NASDAQ:AUUD) has doubled the number of stations available in its faidr mobile app, now offering over 13,000 AM/FM stations, up from approximately 5,200. Subscribers can access more than 9,000 ad-free stations. The company aims to provide a full inventory of US and Canadian stations, with plans for international expansion next year.

Auddia has also introduced two new podcast features: Forward+ and Chapter Visualization, enhancing navigation and user experience. In Q4, the company plans to release a new music-only AI model for music-focused AM/FM stations and introduce gamification features to the app.

Auddia Inc. (NASDAQ:AUUD) ha raddoppiato il numero di stazioni disponibili nella sua app mobile faidr, ora offrendo oltre 13.000 stazioni AM/FM, rispetto a circa 5.200. Gli abbonati possono accedere a più di 9.000 stazioni senza pubblicità. L'azienda mira a fornire un inventario completo di stazioni statunitensi e canadesi, con piani di espansione internazionale per il prossimo anno.

Auddia ha anche introdotto due nuove funzionalità per i podcast: Forward+ e Chapter Visualization, migliorando la navigazione e l'esperienza utente. Nel quarto trimestre, l'azienda prevede di rilasciare un nuovo modello di intelligenza artificiale per la musica per le stazioni AM/FM focalizzate sulla musica e introdurre funzionalità di gamification nell'app.

Auddia Inc. (NASDAQ:AUUD) ha duplicado el número de estaciones disponibles en su aplicación móvil faidr, ahora ofreciendo más de 13.000 estaciones AM/FM, frente a aproximadamente 5.200. Los suscriptores pueden acceder a más de 9.000 estaciones sin anuncios. La empresa tiene como objetivo proporcionar un inventario completo de estaciones de EE. UU. y Canadá, con planes de expansión internacional el próximo año.

Auddia también ha introducido dos nuevas funciones de podcast: Forward+ y Chapter Visualization, mejorando la navegación y la experiencia del usuario. En el cuarto trimestre, la empresa planea lanzar un nuevo modelo de IA solo para música para estaciones AM/FM enfocadas en música e introducir características de gamificación en la aplicación.

Auddia Inc. (NASDAQ:AUUD)는 스테이션 수를 두 배로 늘렸습니다, 이제 13,000개 이상의 AM/FM 스테이션을 제공하며, 이는 약 5,200개에서 증가한 수치입니다. 구독자는 9,000개 이상의 광고 없는 스테이션에 접근할 수 있습니다. 회사는 미국과 캐나다의 스테이션에 대한 완전한 재고를 제공하고, 내년에는 국제적으로 확장할 계획입니다.

Auddia는 또한 Forward+Chapter Visualization라는 두 가지 새로운 팟캐스트 기능을 도입하여 탐색 및 사용자 경험을 향상시켰습니다. 4분기에는 음악 중심의 AM/FM 스테이션을 위한 새로운 음악 전용 AI 모델을 출시하고 앱에 게임화 기능을 도입할 계획입니다.

Auddia Inc. (NASDAQ:AUUD) a doublé le nombre de stations disponibles dans son application mobile faidr, offrant maintenant plus de 13.000 stations AM/FM, contre environ 5.200 auparavant. Les abonnés peuvent accéder à plus de 9.000 stations sans publicité. L'entreprise vise à fournir un inventaire complet des stations américaines et canadiennes, avec des plans d'expansion internationale pour l'année prochaine.

Auddia a également introduit deux nouvelles fonctionnalités de podcast : Forward+ et Chapter Visualization, améliorant ainsi la navigation et l'expérience utilisateur. Au quatrième trimestre, l'entreprise prévoit de lancer un nouveau modèle d'IA dédié à la musique pour les stations AM/FM axées sur la musique et d'introduire des fonctionnalités de gamification dans l'application.

Auddia Inc. (NASDAQ:AUUD) hat die Anzahl der Sender verdoppelt, die in seiner faidr Mobil-App verfügbar sind, und bietet jetzt über 13.000 AM/FM-Sender an, gegenüber etwa 5.200. Abonnenten können auf mehr als 9.000 werbefreie Sender zugreifen. Das Unternehmen hat sich zum Ziel gesetzt, ein vollständiges Angebot an US- und kanadischen Sendern bereitzustellen, mit Plänen für eine internationale Expansion im nächsten Jahr.

Auddia hat auch zwei neue Podcast-Funktionen eingeführt: Forward+ und Chapter Visualization, die die Navigation und Benutzererfahrung verbessern. Im vierten Quartal plant das Unternehmen, ein neues KI-Modell nur für Musik für musikfokussierte AM/FM-Sender zu veröffentlichen und Gamification-Funktionen in die App einzuführen.

Positive
  • Doubled the number of available stations in faidr app to over 13,000
  • Increased ad-free stations for subscribers to more than 9,000
  • Introduced new podcast features: Forward+ and Chapter Visualization
  • Planned release of music-only AI model in Q4
  • Upcoming introduction of gamification features in Q4
Negative
  • None.

Insights

The expansion of Auddia's faidr app to include over 13,000 AM/FM stations, with 9,000+ ad-free options for subscribers, marks a significant enhancement in content availability. This doubling of stations could potentially increase user engagement and subscription appeal. The planned addition of international stations in the coming year suggests a strategic move towards global market expansion.

The introduction of innovative podcast features like Forward+ and Chapter Visualization demonstrates Auddia's commitment to improving user experience. These industry-first features address common pain points in podcast consumption, potentially differentiating faidr in a competitive audio streaming market.

The upcoming release of a music-only AI model and gamification features in Q4 indicates ongoing product development and diversification. These additions could enhance user retention and potentially open new revenue streams. However, the impact on user acquisition and revenue growth remains to be seen, especially given Auddia's current $3.77 million market cap, which suggests the company is still in a growth phase with significant challenges ahead.

faidr now has more than 13,000 available AM/FM stations, up from approximately 5,200

Subscribers of faidr now have access to 9,000+ ad-free AM/FM stations

BOULDER, Colo., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has grown its total available stations within the faidr app to over 13,000 AM/FM stations, more than 9,000 of which are ad-free for subscribers.

“We’re constantly iterating and optimizing the experience for our free users and subscribers, and this recent addition is a prime example of that,” said Michael Lawless, Auddia’s CEO. “Having a full inventory of US and Canadian stations was the goal of this most recent push. International stations will come next year, and we’re excited to begin the expansion into other regions.”

In addition to doubling its available stations in faidr, Auddia recently introduced two groundbreaking podcast features: Forward+ and Chapter Visualization, enhancing the podcast listening experience. Forward+ allows users to skip entire segments with a single touch, while Chapter Visualization displays segment breaks within the progress bar, making navigation more intuitive. These industry-first features offer listeners a more efficient and intelligent way to engage with their favorite podcasts.

Auddia will be releasing a new music-only AI model in Q4 that will give faidr users the choice of listening to only music on their favorite music focused AM/FM stations. Also in Q4, the Company will be releasing its first gamification features in the app.

About Auddia Inc.

Auddia, through its proprietary AI platform for audio identification and classification and related technologies, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings two industry firsts to the audio-streaming landscape: subscription-based, ad-free listening on any AM/FM radio station and podcasts with interactive digital feeds that support deeper stories and open untapped revenue streams to podcasters. faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs. Both differentiated offerings address large and rapidly growing audiences with strong purchase intent. For more information, visit: www.auddia.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the Company's current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, as well as other disclosures contained in the Annual Report and subsequent filings made with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
ksmith@pcgadvisory.com
www.pcgadvisory.com


FAQ

How many stations are now available in Auddia's faidr app?

Auddia's faidr app now offers over 13,000 AM/FM stations, more than doubling its previous count of approximately 5,200 stations.

What new podcast features has Auddia (AUUD) introduced in the faidr app?

Auddia has introduced two new podcast features: Forward+, which allows users to skip entire segments with a single touch, and Chapter Visualization, which displays segment breaks within the progress bar for easier navigation.

What upcoming features is Auddia (AUUD) planning to release for faidr in Q4 2024?

In Q4 2024, Auddia plans to release a new music-only AI model for music-focused AM/FM stations and introduce gamification features to the faidr app.

How many ad-free stations can faidr subscribers access?

Subscribers of Auddia's faidr app can now access more than 9,000 ad-free AM/FM stations.

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