AUDDIA INC. overview

U.S. Patent 11,935,520 titled ‘Identifying Shifts in Audio Content Via Machine Learning’ supports the core AM/FM AI model used within faidr Company advances its patent application for using AI prompts to interface with large language models (LLMs) to a non-provisional application BOULDER, CO, April 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies...

Proceeds will advance the recently announced enhanced podcast initiatives and support faidr 3.1 UX improvements New financing better positions the Company for its ongoing M&A strategy Financing secured without providing warrant coverage BOULDER, CO, March 18, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers...

Participating podcasts will be paid on a “pay-per-play” basis for each ad-free podcast episode played on the faidr audio Superapp Episode payments mimic the song play model and are expected to be greater than the ad revenue received per episode Company details Seamless Play and Forward+ as two key features of its Enhanced Podcasts suite, which will be released in faidr later this year BOULDER, CO, March 14, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW)...

Partnership with Sounds Profitable will support a renewed focus on SaaS and integration partnerships for Auddia’s podcast technology Auddia continues discussions with podcast publishers, offering improved economics through subscription BOULDER, CO, March 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how...

Continuing to pursue the two AM/FM streaming radio targets under LOI that are more favorably priced Expects to reengage with Radio FM after other targets are acquired and conditions improve for a larger transaction BOULDER, CO, March 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification, classification and related technologies, reinventing how consumers engage with AM/FM...

All three acquisition targets in total would represent nearly 10 million monthly active users (MAUs), over $5M in annual revenue, and over $3M in operating cash flow The purchase agreement for Radio FM representing 4.6 million MAUs, $2.3M in revenue, and $1.4M in operating cash flow has been signed and announced The purchase agreement for target #2 is expected to be signed before the end of Q1 2024 Target #3 remains under non-binding LOI with a binding exclusivity clause giving Auddia the...

Acquired ad revenue growth expected from improving ad market rates and optimization of programmatic CPMs Near term integration of Auddia’s AI into the Radio FM (RFM) app delivers a premium ad-free AM/FM listening experience for existing users who elect to subscribe Near term integration of Auddia’s AI into the RFM app provides Auddia ad-free podcast partners access to global user base BOULDER, CO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW)...

Radio FM has 4.6 million MAUs listening to streaming AM/FM radio stations, generating $2.23M in high margin revenue Radio FM delivers $1.4M in operating cash flow to significantly reduce Auddia’s burn BOULDER, CO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio,...