$AUUD 2.09 catalyst next week, expect some updates on this nationwide launch....
From previous PR (11/15/21)
Jeff Thramann , founder and executive chairman, stated, "We are pleased to provide this corporate update as we continue to execute on our growth strategy. Initial findings from our early broadcaster participants, have enabled us to optimize our strategy for maximum results. We are very excited to announce that we will be accelerating deployment of all radio stations in the country onto the Auddia platform with our full launch on February 15 th. This has the potential to drastically accelerate user adoption and subscriptions driving our revenue growth. Our Vodacast platform continues to display very intriguing growth and user acceptance and we look forward to providing further growth updates on our webcast."
Management will cover the following key updates:
Review the status of both the Auddia and Vodacast platforms
Announce the acceleration of its go-to-market strategy by launching all major U.S. radio stations on the Auddia app on February 15, 2022
Outline a tiered subscription model for the product that launches with all stations on February 15 th. Tiers include the following:
Free tier consisting of the aggregated streams of all radio stations
$5.99 tier allowing manual DVR-like functionality to skip content, pause, FF and rewind
$8.99 tier allowing the injection of premium on-demand content into the listening experience
$11.99 premium tier that adds AI-assisted automatic skipping of commercials
Update schedule for adding previously announced broadcaster participants to the Auddia app
Review recently announced favorable metrics for the Vodacast platform
Outline strategy to accelerate deployment of the Vodacast platform based on these metrics
