Auddia Announces Launch of faidrRadio in Android Version of Flagship Mobile App faidr
10 July 2023 - 9:30PM
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 engage with audio, announced today that
it has released its exclusive content offering faidrRadio to the
Android version of its flagship mobile app, faidr. Podcasts were
added to the product in May of this year.
faidrRadio includes both Music Casts—episodic, hosted content
that functions like a podcast with full-track plays—and Music
Stations, wall-to-wall music playlists based on genre or theme. The
Company launched faidrRadio in its iOS faidr product in January of
2023. Upon its launch on iOS, there were 50 hours of exclusive
content available within faidrRadio. Since the iOS launch, Auddia
has increased the amount of exclusive content on faidrRadio by 4x
due to consumer interest. Android users will now be able to join
iOS listeners in accessing close to 200 hours of exclusive
faidrRadio content in the current release.
“We are excited that our Android users can begin listening to
our faidrRadio programming alongside their favorite podcasts and
commercial-free AM/FM stations,” said Auddia’s CEO Michael Lawless.
“Since originally launching faidrRadio in our iOS product, we’ve
seen it account for approximately 33% of all the plays in that app,
and we’re happy Android users now get to experience our exclusive
Music Casts and Music Stations.”
The Company now moves to bring the faidr 3.0 interface to
Android (download here), which is currently only available in iOS
(download here), targeting an early Q3 release.
About Auddia Inc.Auddia, through its proprietary AI
platform for audio identification and classification and related
technologies, is reinventing how consumers engage with AM/FM radio,
podcasts, and other audio content. Auddia’s flagship audio
superapp, called faidr, brings two industry firsts to the
audio-streaming landscape: subscription-based, ad-free listening on
any AM/FM radio station and podcasts with interactive digital feeds
that support deeper stories and open untapped revenue streams to
podcasters. faidr also delivers exclusive content and playlists,
and showcases exciting new artists, hand-picked by curators and
DJs. Both differentiated offerings address large and rapidly
growing audiences with strong purchase intent. For more
information, visit: www.auddia.com
Forward-Looking StatementsThis press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 about the Company's current expectations about future
results, performance, prospects and opportunities. Statements that
are not historical facts, such as "anticipates," "believes" and
"expects" or similar expressions, are forward-looking statements.
These forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
Company's current plans and expectations, as well as future results
of operations and financial condition. These and other risks and
uncertainties are discussed more fully in our filings with the
Securities and Exchange Commission. Readers are encouraged to
review the section titled "Risk Factors" in the Company's Annual
Report on Form 10-K for the year ended December 31, 2022, as well
as other disclosures contained in the Annual Report and subsequent
filings made with the Securities and Exchange Commission.
Forward-looking statements contained in this announcement are made
as of this date and the Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
Investor Relations:Kirin Smith, PresidentPCG Advisory,
Inc.ksmith@pcgadvisory.comwww.pcgadvisory.com
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