The New York Times, Automattic, WGBH, American Public Media, McClatchy, Graham Holdings and Bose have exited the podcasting platform developer through the deal.
Podcast platform provider Acast bought RadioPublic, a US-based peer spun off by media company Public Radio Exchange (PRX), for an undisclosed amount on Friday, facilitating an exit for multiple corporate backers.
Spun off in 2016, RadioPublic has developed an online platform for downloading and streaming podcasts that is accessible via the web or mobile. It also offers tools and resources for podcasters and allows users to earn money through a pay-per-stream model.
Sweden-headquartered Acast will use the acquisition to increase…
