Audioboom confirms strategic review but no offers received so far

Related news

Audioboom Group PLC on Friday confirmed it was undertaking a strategic review, which included considering the possible sale of the firm.

Shares in the London-based podcast producer closed up 19% at 639.66 pence in London on Friday.

In a statement, Audioboom said it has appointed J Goodwin & Co LLP to manage a strategic review process which involves the consideration of, amongst other strategic options, the potential sale of the company.

The company confirmed that it has not received any proposal for the sale of the company but is in discussions with strategic partners and trade peers regarding potential commercial or strategic partnerships.

New York City-based Fox Corp and San Antonio, Texas-based iHeartMedia could be potential bidders for the London-based podcast producer of Formula One motor racing’s official podcast, according to media analysts.

The company was responding to a report earlier Friday by Sky News which said Audioboom was working with advisers to explore terms of a potential takeover of the company.

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Bids, mergers and takeovers

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.