Liberated Syndication Inc Stock Price, News & Analysis

Libsyn (LSYN) has secured an exclusive, multi-year advertising partnership with the Tosh Show, hosted by comedian Daniel Tosh. The podcast, launched in 2023, attracts over 250,000 downloads per episode and features interviews, cultural commentary, and insights from the former Tosh.0 host.

Through Libsyn Ads, the partnership will leverage advanced advertising solutions including Host-Read and programmatic Automatic Podcast Ads, enabling seamless premium ad integration while maintaining the show's audience experience. The deal allows Tosh to focus on content creation while Libsyn manages advertising operations.

Liberated Syndication Inc. (LSYN) announced the March 2022 podcast advertising rates, highlighting an average CPM of $23.43 for a 60-second ad spot. The top CPM categories were Technology ($32), Kids & Family ($28), and Business ($27). The company continues to enhance its AdvertiseCast platform, which helps brands target podcast audiences, recently acquiring Podcast Ad Reps LLC to expand its inventory. Podcast advertising spending is projected to rise, reaching over $2.7 billion by 2025, reflecting the growing market potential.

Liberated Syndication Inc. (LSYN) announced a successful private placement, raising $4.75 million by selling 1.27 million shares at $3.75 each. This financing follows the acquisitions of AdvertiseCast and PAR, enhancing LSYN's position as a leading podcast advertising platform. AdvertiseCast reported revenue exceeding $18 million in 2021, confirming its growth trajectory. After financing, LSYN holds a cash balance of approximately $13 million with nearly 27.86 million shares outstanding.

Liberated Syndication Inc. (OTC-PINK:LSYN) announced the launch of four new exclusive shows on its AdvertiseCast Marketplace, enhancing its offerings for advertisers targeting podcast audiences. The shows include acclaimed titles such as The Gist, The Shawn Ryan Show, Blind Landing, and Verified. Libsyn's AdvertiseCast boasts over 125 exclusive podcasts, providing advertisers with valuable access to a growing network of more than 2,500 shows. Chief Revenue Officer Dave Hanley emphasized the increasing engagement in podcasting, highlighting the medium's dynamic and measurable nature for advertisers.

Liberated Syndication Inc. (LSYN) has successfully completed its acquisition of Podcast Ad Reps LLC (PAR), a leading podcast advertising company. This strategic move expands LSYN's advertising inventory and integrates the PAR team into its AdvertiseCast platform. Notable shows such as Inside Marvel and The Official Yellowstone Podcast will enhance AdvertiseCast's offerings. The acquisition positions LSYN favorably in the growing podcast advertising sector, allowing it to better serve creators and brands.

Liberated Syndication Inc. (LSYN) has reported the average podcast advertising rate for February 2022 at $23.61 per CPM, showing a decrease from January's all-time high but an increase from $22.19 in February 2021. This reflects the seasonal fluctuations within the podcast advertising landscape. The data, derived from over 2,300 podcasts via AdvertiseCast, aims to provide insights for podcasters, advertisers, and investors. The Company plans to continue releasing these monthly updates to aid in market monitoring.

Liberated Syndication Inc. (LSYN) has announced the acquisition of Podcast Ad Reps LLC (PAR), a prominent podcast advertising firm. This strategic move is aimed at enhancing Libsyn's AdvertiseCast marketplace, which is experiencing rapid growth. PAR's founders will join AdvertiseCast's leadership, bringing in a wealth of experience. PAR has shown impressive revenue growth of over 100% year-on-year, reaching approximately $8 million. The deal is expected to close in Q1 2022, subject to customary conditions.

Liberated Syndication (LSYN) has reported a rise in podcast advertising rates for January 2022, with an average cost per thousand (CPM) of $25.38 for a 60-second spot. This increase follows a typical seasonal dip, indicating strong demand from advertisers. The data is generated from over 2,500 podcasts within AdvertiseCast, Libsyn's advertising marketplace. Libsyn plans to publish these monthly rates to assist podcasters, advertisers, and the investor community in tracking market pricing and advertising monetization trends.