Auddia Announces Doubling the Number of Stations in Its faidr Mobile App
faidr now has more than 13,000 available AM/FM stations, up from approximately 5,200
Subscribers of faidr now have access to 9,000+ ad-free AM/FM stations
BOULDER, Colo., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has grown its total available stations within the faidr app to over 13,000 AM/FM stations, more than 9,000 of which are ad-free for subscribers.
“We’re constantly iterating and optimizing the experience for our free users and subscribers, and this recent addition is a prime example of that,” said Michael Lawless, Auddia’s CEO. “Having a full inventory of US and Canadian stations was the goal of this most recent push. International stations will come next year, and we’re excited to begin the expansion into other regions.”
In addition to doubling its available stations in faidr, Auddia recently introduced two groundbreaking podcast features: Forward+ and Chapter Visualization, enhancing the podcast listening experience. Forward+ allows users to skip entire segments with a single touch, while Chapter Visualization displays segment breaks within the progress bar, making navigation more intuitive. These industry-first features offer listeners a more efficient and intelligent way to engage with their favorite podcasts.
Auddia will be releasing a new music-only AI model in Q4 that will give faidr users the choice of listening to only music on their favorite music focused AM/FM stations. Also in Q4, the Company will be releasing its first gamification features in the app.
About Auddia Inc.
Auddia, through its proprietary AI platform for audio identification and classification and related technologies, is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content. Auddia’s flagship audio superapp, called faidr, brings two industry firsts to the audio-streaming landscape: subscription-based, ad-free listening on any AM/FM radio station and podcasts with interactive digital feeds that support deeper stories and open untapped revenue streams to podcasters. faidr also delivers exclusive content and playlists, and showcases exciting new artists, hand-picked by curators and DJs. Both differentiated offerings address large and rapidly growing audiences with strong purchase intent. For more information, visit: www.auddia.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the Company's current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, as well as other disclosures contained in the Annual Report and subsequent filings made with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
ksmith@pcgadvisory.com
www.pcgadvisory.com
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