Welcome to our dedicated page for AU Trade Weighted Index news (Ticker: AUD), a resource for investors and traders seeking the latest updates and insights on AU Trade Weighted Index stock.
Audacy, Inc. (AUD) delivers innovative audio experiences through radio broadcasting, digital streaming, and podcast networks. This news hub provides investors and industry professionals with essential updates about the company's strategic initiatives and market position.
Access curated press releases, financial announcements, and operational developments in one centralized location. Our collection spans earnings reports, content partnerships, technological advancements, and leadership updates relevant to Audacy's multi-platform audio ecosystem.
Key updates include advertising revenue developments, programming expansions, and regulatory filings. All content maintains factual accuracy while avoiding speculative analysis, serving both casual observers and professional analysts.
Bookmark this page for streamlined monitoring of Audacy's progress in transforming audio entertainment. Verify time-sensitive details through official SEC filings and corporate communications linked within each update.
Audacy has announced new weekday shows on the BetQL Network, starting June 21, in partnership with BetMGM. 'The Daily Tip' will air from 6-9 a.m. ET and 'BetMGM Tonight' from 7-11 p.m. ET, offering insights and analysis on sports betting. Audacy's BetQL Network aims to be the premier destination for sports betting, leveraging BetMGM's expertise. With a vast reach across various platforms, Audacy continues to solidify its leadership in sports radio, serving millions of fans monthly and hosting numerous professional sports teams.
Cadence13, an Audacy company, has partnered with bestselling author and activist Glennon Doyle for her new podcast We Can Do Hard Things, launching on May 11, 2021. The podcast will cover topics like love, relationships, and mental health, encouraging listeners to embrace life's challenges. Doyle, known for her books and social media presence, aims to create an open dialogue about the struggles of daily life. The show will be available on major platforms including Apple Podcasts and Spotify, with new episodes released every Tuesday.
Audacy, Inc. (NYSE: AUD) reported Q1 2021 net revenues of $240.8 million, a 19% decline from $297 million in Q1 2020. Digital revenues increased by 17% to $49.8 million. Despite a 98% drop in event revenues, operating expenses fell by 13% to $249 million. The company posted an operating loss of $8.2 million and adjusted EBITDA of $10.3 million. Audacy completed the acquisition of Podcorn for $14.6 million and a partnership with BetMGM to enhance its audio content offerings. The liquidity improved to $220.8 million, signaling strong recovery potential.
Audacy (NYSE: AUD) announced its participation in the IAB NewFronts and IAB Podcast Upfronts, aiming to showcase its audio content and advertising capabilities. This marks Audacy's first year at the NewFronts, presenting an opportunity to reinforce its brand following a recent rebranding effort. The events will feature exclusive content launches and presentations, showcasing major personalities and formats. The company claims to engage over 170 million consumers monthly, emphasizing its leadership in the audio market and the effectiveness of combined digital and over-the-air radio strategies.
Audacy, Inc. (NYSE: AUD) will release its Q1 2021 financial results on May 7, 2021, before the market opens. A conference call is scheduled for 10:00 a.m. ET to discuss these results and the company’s strategic initiatives. Participants can join by calling (877) 407-9208 or (201) 493-6784. A live webcast will also be available at this link. A playback of the call will be accessible for one week using the ID: 13719160. More information can be found at www.audacyinc.com.
BetMGM has announced a multi-year partnership with Audacy, designating BetMGM as the preferred sports betting partner across Audacy's broadcast stations and digital platforms. This collaboration aims to enhance content integration and customer acquisition opportunities, utilizing Audacy's extensive reach in the sports radio and digital audio space. The deal follows Audacy's acquisition of QL Gaming Group and the launch of the BetQL Audio Network, reinforcing their commitment to sports betting engagement. BetMGM currently operates in 10 states and offers a user-friendly mobile betting experience.
