IHeartMedia to Buy Podcast Marketplace and Tools Provider Voxnest

Audio provider IHeartMedia  (IHRT) – Get Report said it would acquire Voxnest, operator of a marketplace and provider of data and publishing tools for podcasts. 

Terms weren’t disclosed. IHeartMedia already holds a minority position in Voxnest.

Voxnest, founded in 2018 and headquartered in New York, provides tools to create and distribute podcasts as well as to measure results and draw advertising. 

IHeartMedia, New York, says it’s the world’s largest publisher of podcasts. 

Bringing in Voxnest, the company’s chairman and chief executive, Bob Pittman, said in a statement, will enable it to earn more from its podcasts and will benefit other podcast publishers “that are part of the Voxnest network and the advertisers who are using it.”

Source link

error: Content is protected !!

New Report