Announced
Synopsis
Entercom, the creator of live, original, local audio content, agreed to acquire Cadence13, an industry leader in podcast creation and distribution. Financial terms were not disclosed. “Today marks another transformational event at Entercom and we are thrilled to welcome the outstanding teams and content partners at both Pineapple Street and Cadence13,” said David Field, Chairman, President, and Chief Executive Officer, Entercom. “With these important acquisitions, Entercom will stand as a unique leader in the audio universe with both the greatest collection of premium, original local audio content along with arguably the best national podcast content. With RADIO.COM emerging as the fastest growing digital audio app in the country and Entercom Advanced Audio bringing to market a burgeoning set of data, analytics and attribution capabilities, we are well positioned to participate in the exciting audio renaissance and the powerful opportunities to work with our thousands of customers across the country on their increasingly important audio strategies.”
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