Podcast Radio, a UK-based all-podcast radio station, has announced a “significant investment” from Tindle Media Group.According to All Access, the radio station, available on DAB and online streaming platforms, will partner with KMG Networks to launch a US version of the service in the spring of this year. In 2022, Podcast Radio received investment from Nation Broadcasting, and its other investors include Evergreen Podcasts and former BBC Radio 1 personality Bruno Brookes.
Tindle Media Group CEO Danny Cammiade expressed his excitement about the investment, saying that the company has a strong history of providing engaging content to listeners, a natural extension of their business. Meanwhile, Podcast Radio CEO Gerry Edwards welcomed the support of the two commercial radio groups, stating that their considerable operational and commercial experience will be invaluable as the company expands into the US market.
Paul Chantler, the director of Podcast Radio, revealed that the company is close to announcing its first partnership with a major US broadcaster, which will launch the service in several radio markets in North America. KMG Networks CEO Gary Krantz also praised Podcast Radio, saying it has established itself as a leading innovator in the UK and provides marketers with new and highly targeted content sponsorship opportunities.
The investment from Tindle Media Group is expected to help Podcast Radio grow and make a real difference in the UK and the international market. With the support of its investors and partners, Podcast Radio executives believe the company is poised for an exciting year ahead as it expands its services to new audiences.