Liberated Syndication Inc Stock Price, News & Analysis

Liberated Syndication Inc. (LSYN) announced an update on podcast advertising rates through its subsidiary, AdvertiseCast. For December 2021, the average CPM rate for a 60-second spot was $23.78. The company noted that advertising rates typically increase in December due to heightened demand. AdvertiseCast aims to provide valuable insights into advertising monetization within the podcasting industry and will continue to publish rates monthly. Libsyn is a prominent player in podcast hosting and advertising, with over 5.8 million media files hosted and more than 6 billion downloads recorded in 2020.

Liberated Syndication Inc. (LSYN) has reported steady podcast advertising rates for November 2021, with an average CPM of $23.35 for a 60-second ad spot. This stability is supported by data from over 2,200 podcasts in the AdvertiseCast marketplace. The Chief Revenue Officer, Dave Hanley, anticipates that rates will remain stable through the end of the year. The integration of Podgo into their marketplace could enhance monetization opportunities for advertisers. Libsyn emphasizes ongoing monthly updates to keep stakeholders informed.

Liberated Syndication Inc. (LSYN) has appointed Brian Kibby as Chairman of the Board of Directors, marking a new leadership phase for the company. Kibby has served on the board since October 2019 and is also the CEO of Modern Campus. He emphasized Libsyn's transition from a hosting platform to one focused on advertising and monetization, highlighting recent acquisitions like AdvertiseCast and Glow. Additionally, Patrick Dolan is set to join the Board, while Denis Yevstifeyev will step down on December 31, 2021.

Liberated Syndication Inc. (LSYN) announced the appointment of Patrick Dolan to its Board of Directors, effective November 22, 2021. Dolan, a prominent figure in the interactive advertising industry, previously served as President of the Interactive Advertising Bureau (IAB) and has extensive experience in digital media. His expertise is expected to enhance Libsyn's growth and its position in the podcasting market. With Dolan's support, Libsyn aims to expand its platform strategy and develop new services for podcasters, thereby leveraging the growth in podcast advertising.

Liberated Syndication Inc. (LSYN) has announced a new distribution partnership with Samsung, enabling its podcasters to access the ‘Listen’ tab on the Samsung Free app. This integration aims to enhance podcast availability for Libsyn’s 75,000+ podcasters across various Samsung devices, including Galaxy S and Note series. The initiative is expected to facilitate audience growth by providing broader media consumption options as podcast popularity continues to rise.

Liberated Syndication (LSYN) announced its Elite Sponsorship of the 3rd Annual Afros & Audio Virtual Podcast Festival, scheduled for November 13-14, 2021. This festival focuses on promoting diversity and inclusivity within the podcasting industry, featuring over 50 speakers. Libsyn aims to support the Afros & Audio Podcast Community Network's mission to transform the podcast landscape. President Laurie Sims emphasized Libsyn's commitment to empowering all communities in podcasting through this partnership.

Liberated Syndication Inc. (LSYN) has announced the acquisition of certain assets from PODGO Media LLC by AdvertiseCast, enhancing its podcast advertising marketplace. PODGO, founded by David Ehrlich in 2020, connects smaller podcasters with major brand advertisers. Ehrlich will join AdvertiseCast to facilitate the transition for PODGO’s customers. The deal is expected to increase AdvertiseCast’s reach and provide niche content to attract advertisers. Since acquiring AdvertiseCast in June 2021, Libsyn has prioritized growth across all podcasting segments.

Liberated Syndication Inc. (OTC-PINK:LSYN) announced the appointment of Bradley Tirpak as CEO, effective November 1, 2021. Tirpak aims to enhance operations and capital allocation while leading the company into new horizons with its advertising marketplace, AdvertiseCast. His extensive investment background and previous leadership roles, including Chairman, position him well for this transition. The company also plans to separate the roles of Chairman and CEO, ensuring focused leadership. Libsyn remains a leading podcast hosting platform with over 75,000 podcasts and more than 6 billion downloads.

Liberated Syndication Inc. (LSYN) has reported a slight increase in podcast advertising rates for October 2021, with an average CPM of $23.33 for a 60-second spot. This data, sourced from over 2,000 podcasts through their subsidiary AdvertiseCast, reflects trends driven by supply and demand in the industry. The company plans to continue releasing this advertising data monthly to support podcasters, advertisers, and investors in understanding their market. Liberated Syndication is a leading podcast hosting and advertising platform.