Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

AUDACY, INC.

(AUD)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Audacy : Announces Acquisition of WideOrbit Digital Audio Streaming Technology and Operations

10/20/2021 | 09:29am EST

Enables Audacy to Enhance and Accelerate its Digital Platform and Provide Audio Streaming and Monetization Services to Customers

Audacy, Inc. (NYSE: AUD) today announced the acquisition of an exclusive, perpetual license to WideOrbit’s digital audio streaming technology and the related assets and operations of WO Streaming. This acquisition gives Audacy control of its product roadmap to deliver enhanced consumer-facing streaming features for its 170 million monthly listeners.

“The WideOrbit digital audio tech business perfectly complements our organic investments to make Audacy’s digital platform the top choice for listeners, clients and partners,” said David Field, Chairman, President and Chief Executive Officer, Audacy.

Audacy will operate WO Streaming under the name AmperWave. The entire WO Streaming team, led by John Morris, SVP Streaming, has joined Audacy.

WO Streaming, now AmperWave, is a leading cloud-based distribution and monetization platform for live and on-demand audio streams.

About Audacy

Audacy, Inc. (NYSE: AUD) is a scaled, multi-platform audio content and entertainment company with the country’s best radio broadcasting group, a leader in virtually every segment of audio, and America’s #1 creator of original, premium audio. Audacy engages over 170 million consumers each month, bringing people together around the news, sports, podcasts and music that matter to them. Learn more at www.audacyinc.com, Facebook (Audacy Corp) and Twitter (@AudacyCorp).


ę Business Wire 2021
All news about AUDACY, INC.
12/03AUDACY : Adds Maggie Gray and Andrew Perloff to CBS Sports Radio
PU
11/16AUDACY : Names Jeff Gonsales Senior Vice President and Market Manager of Audacy Minneapoli..
PU
11/11Audacy Honored With Three 2021 National Association of Broadcasters Marconi Radio Award..
PU
11/09AUDACY, INC. Management's Discussion And Analysis Of Financial Condition And Results O..
AQ
11/09Audacy Mulls Acquisitions
CI
11/09Audacy Welcomes Brian Benedik as Company's Chief Revenue Officer
BU
11/09Audacy, Inc. Appoints Brian Benedik as Company?s Chief Revenue Officer
CI
11/09AUDACY REPORTS THIRD QUARTER RESULTS - Form 8-K
PU
11/09AUDACY, INC. : Results of Operations and Financial Condition (form 8-K)
AQ
11/09Audacy Reports Third Quarter Results
BU
More news
Analyst Recommendations on AUDACY, INC.
More recommendations
Financials (USD)
Sales 2021 1 216 M - -
Net income 2021 -5,35 M - -
Net Debt 2021 - - -
P/E ratio 2021 -86,3x
Yield 2021 -
Capitalization 354 M 354 M -
Capi. / Sales 2021 0,29x
EV / Sales 2022 0,25x
Nbr of Employees 4 781
Free-Float 82,7%
Chart AUDACY, INC.
Duration : Period :
Audacy, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AUDACY, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 2,59 $
Average target price 4,10 $
Spread / Average Target 58,3%
EPS Revisions
Managers and Directors
David J. Field Chairman, President & Chief Executive Officer
Richard J. Schmaeling Chief Financial Officer & Executive Vice President
Sarah C. Foss Chief Information Officer
Susan R. Larkin Chief Operating Officer & Executive Vice President
David J. Berkman Independent Director
Sector and Competitors
1st jan.Capi. (M$)
AUDACY, INC.-1.62%354
SIRIUS XM HOLDINGS INC.-2.51%24 837
CORUS ENTERTAINMENT INC.12.62%768
STINGRAY GROUP INC.6.07%386
HT&E LIMITED-8.65%326
CUMULUS MEDIA INC.40.14%222