Welcome to our dedicated page for Auddia news (Ticker: AUUD), a resource for investors and traders seeking the latest updates and insights on Auddia stock.
Auddia Inc. (NASDAQ: AUUD) is an AI-first audio technology company whose news flow centers on product innovation, strategic restructuring, and the evolution of its business model. The company regularly issues updates on its proprietary AI platform for audio identification and classification, which powers the faidr mobile app for ad-free AM/FM radio and podcast listening.
Recent announcements highlight Auddia’s transition from a direct-to-consumer subscription model to a B2B SaaS model focused on AI-driven music discovery. News items describe how faidr’s premium AI features are being made free to consumers, while monetization shifts to artists and labels that subscribe to the company’s Discovr Radio platform for guaranteed plays on AM/FM radio streams. These developments are central to understanding Auddia’s strategic direction.
Investors and followers of AUUD can also track corporate updates on the planned restructuring into an AI-native holding company, including the non-binding letter of intent for a business combination with Thramann Holdings, LLC and the identification of McCarthy Finney (MCFN) as the proposed surviving public company name. Additional news covers engineering team restructuring to support the holding company model, leadership changes, and capital markets actions such as a reverse stock split aimed at maintaining Nasdaq listing standards.
On this news page, readers can review press releases about new AI models within faidr, such as the binary AI model that enables music-only listening on FM stations, as well as updates to the company’s corporate overview and superapp strategy. For anyone following AI in audio streaming, artist promotion tools, or small-cap technology restructuring around AI and web3 themes, Auddia’s news provides insight into how the company is positioning itself and its products.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced its new music distribution program, Discovr, aimed at supporting independent artists by getting their music played on 4,500+ local radio stations by July 1, 2022. Artists will receive compensation for plays and access to listening data, enhancing their exposure. The faidr app, unique for offering ad-free radio, utilizes AI to match artists with listeners. This initiative positions Auddia within the rapidly growing independent distribution sector, competing with companies like DistroKid and UnitedMasters.
Auddia Inc. (NASDAQ:AUUD, AUUDW) will present at the Planet MicroCap Showcase 2022 on May 4, 2022, at 4:00 PM ET in Las Vegas. Founder Jeff Thramann will lead the presentation and engage with investors. Live access to the presentation can be found here. For those interested in one-on-one meetings at the event, registration is required here. Auddia's AI platform aims to revolutionize audio engagement by offering personalized, ad-free listening experiences for AM/FM radio and podcasts, which target a growing audience.
Auddia Inc. (NASDAQ: AUUD, AUUDW) will participate in the 2022 Virtual Growth Conference from March 28-30. Jeff Thramann, the company's founder and executive chairman, is set to present on March 29 at 11:00 AM ET. This event will showcase executives across various sectors, including technology and media. Auddia is focused on transforming audio engagement through AI technology, allowing users to listen to AM/FM stations without commercials and enhancing podcasts with interactive content. Sign up for the conference on M-Vest to hear more.
Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) announced on February 22, 2022, that it granted an inducement stock option to its new VP of Marketing, Theo Romeo, covering 138,750 shares of common stock. The exercise price is set at $1.79 per share, equal to the stock's closing price on the grant date. The option vests over four years and has a term of 10 years. Auddia continues to leverage its proprietary AI platform for audio and innovative podcast technologies, targeting rapidly growing audiences.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has launched the faidr mobile application, which allows users to access over 4,500 major radio stations across the U.S. This innovative app enables real-time recording and playback of live radio, offering listeners a customizable experience by avoiding unwanted interruptions. Auddia plans to introduce talk format stations by mid-2022 and offers a 90-day free trial for new users. The Hands-off subscription is available at $11.99 per month. Auddia aims to achieve breakeven with approximately 55,000 monthly subscribers, signaling potential for profitability.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced successful early metrics from its Auddia app after adding eight local radio stations in Sonoma County. Over a 2-month advertising campaign, the app achieved an impressive click-to-install rate of 11%, nearly 3X the industry average. The app is set for a nationwide relaunch as 'faidr' on February 15, 2022, featuring a revamped UI and new content features. CEO Michael Lawless expressed optimism for user adoption, as the new name highlights the app’s AI-driven approach and enhances user control over listening experiences.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has announced a partnership with PodcastOne to leverage its Vodacast platform for creating digital feed content for four selected podcasts. This collaboration aims to enhance audience engagement through interactive content while promoting the Vodacast app. Auddia CEO, Michael Lawless, expressed enthusiasm about connecting with PodcastOne's loyal audience, marking this as another step towards expanding podcaster partnerships. This partnership could potentially open opportunities for around 600 podcasters across both PodcastOne and Bleav networks.
Auddia Inc. (NASDAQ:AUUD, AUUDW) announced a partnership with Bleav Podcast Network to enhance its Vodacast mobile application. This collaboration will commence with six podcasts generating digital feed content for their episodes. Bleav, a leader in professional podcasts, aims to enrich user experience through these new features. Auddia's CEO noted a 230% increase in mobile app downloads quarter-over-quarter, showcasing the platform's growing popularity and user engagement with digital feeds.
Auddia Inc. (NASDAQ:AUUD, AUUDW) has announced a significant update regarding its radio streaming platform during a management webcast held on November 15, 2021. The company will fully launch its system for all major U.S. radio stations on February 15, 2022, which could enhance user adoption and revenue growth. The tiered subscription model will offer a free service and three paid tiers ranging from $5.99 to $11.99. Additionally, Auddia is experiencing favorable metrics for its Vodacast platform, which is expected to contribute to its expansion strategy.
Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) will host a corporate update and investor video webcast on November 15, 2021, at 10:30 am ET. The event aims to inform investors about the company's progress in developing its proprietary AI platform for audio and innovative podcast technologies. The webcast can be accessed via a provided link, and a replay will be available on the company's website afterwards. Auddia's offerings include commercial-free AM/FM radio and interactive podcasts, catering to a growing audience with strong purchase intent.