Pocket Casts went on sale nearly three years after the acquisition

In May 2018, Pocket Casts was acquired by NPR, WNYC Studios, WBEZ Chicago and This American Life. That consortium of “top podcast producers” is now trying to sell the Android, iOS and web application.

First reported by Current last week, NPR’s latest financial statement reveals how the owners “met and agreed to sell Pocket Casts, Podcast Media’s only asset” last month. Currently, the “sales plan is still under development,” but the divestiture is expected to be completed by September 2021. NPR, which owns just over a third of Podcast Media, reported that its stake has lost $ 812,129 in the last year.

The app was originally acquired for “[further] leading role of public radio as an innovator in audio discovery and distribution, while ensuring the continued support and growth of one of the most popular listening platforms on the market. “

Meanwhile, the original Pocket Casts developers accepted the deal, which they considered a partnership, given the …

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  • According to this source Pocket Casts went on sale nearly three years after the acquisition
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