Auddia Announces Doubling the Number of Stations in Its faidr Mobile App
30 September 2024 - 12:57PM
Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia”
or the “Company”), a proprietary AI platform for audio
identification and classification and related technologies,
reinventing how consumers engage with AM/FM radio, podcasts, and
other audio content, today announced it has grown its total
available stations within the faidr app to over 13,000 AM/FM
stations, more than 9,000 of which are ad-free for subscribers.
“We’re constantly iterating and optimizing the experience for
our free users and subscribers, and this recent addition is a prime
example of that,” said Michael Lawless, Auddia’s CEO. “Having a
full inventory of US and Canadian stations was the goal of this
most recent push. International stations will come next year, and
we’re excited to begin the expansion into other regions.”
In addition to doubling its available stations in faidr, Auddia
recently introduced two groundbreaking podcast features: Forward+
and Chapter Visualization, enhancing the podcast listening
experience. Forward+ allows users to skip entire segments with a
single touch, while Chapter Visualization displays segment breaks
within the progress bar, making navigation more intuitive. These
industry-first features offer listeners a more efficient and
intelligent way to engage with their favorite podcasts.
Auddia will be releasing a new music-only AI model in Q4 that
will give faidr users the choice of listening to only music on
their favorite music focused AM/FM stations. Also in Q4, the
Company will be releasing its first gamification features in the
app.
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 Statements
This 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, 2023, 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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