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Liberated Syndication Closes Acquisition of German Podcast Company Julep Media<\/h2>\n
Pittsburgh, PA \u2013 October 17, 2022 – Liberated Syndication Inc. (\u201cLibsyn\u201d or the \u201cCompany\u201d), the leading \u201dPodcasting As A Service\u201d platform, today announced it has closed the previously announced acquisition of Julep Media GmbH (\u201cJulep\u201d), Germany\u2019s largest independent platform for podcast advertising.<\/p>\n
Since its acquisition of AdvertiseCast in June 2021, Libsyn has become the go-to-destination for creators to monetize their podcasts through advertising and for brands looking for exposure to the podcast media market. The addition of Julep to the AdvertiseCast platform now allows Libsyn to enter the fast-growing German market and to expand to neighboring regions. In only three years since its founding, Julep has rapidly grown across the entire German podcast ecosystem, monetizing over 500 podcasts and more than 50,000 episodes, distributing over 45 million downloads per month, and providing advertising solutions to more than 300 brands and agencies. Brad Tirpak, Libsyn\u2019s CEO, said, \u201cJulep provides Libsyn with the immediate scale to become a leading force in podcast monetization in both Germany and the broader European market. Now that the acquisition had closed, we look forward to working with the Julep management team in rapidly expanding our presence throughout Germany and Europe.\u201d<\/p>\n
Steffen Hopf, Julep\u2019s CEO, said, \u201cThe Julep team couldn\u2019t be more excited than to join forces with Libsyn and to learn from their long history of innovation in the podcast industry. The European podcast market is still in its early stages, so this combination of our two companies comes at the perfect time to accelerate our growth and development.\u201d<\/p>\n
Mr. Hopf, who has served as Julep\u2019s CEO since the company\u2019s founding in 2019, will continue in his current position and will assume new responsibilities for Libsyn\u2019s international efforts throughout Europe. The rest of Julep\u2019s management team will also remain in place for at least the next three years.<\/p>\n
The combined companies of Libsyn and Julep will now connect over 3,000 creators to over 750 advertisers who are looking to tap into the fast-growing podcast media market. Per the PwC \/ IAB Podcast Advertising Revenue Report, US podcast advertising revenues are forecasted to exceed $2 billion in 2022 and double to over $4 billion by 2024, with the European market also experiencing strong annual growth of ~24% according to KBV Research.<\/p>\n
Wolfson Partners LLC served as Libsyn\u2019s financial advisor and Noerr Partnerschaftsgesellschaft mbB and Faegre Drinker Biddle & Reath LLP served as Libsyn\u2019s legal counsel. Crossgate Corporate Finance served as Julep\u2019s financial advisor and BMH Partners and Hughes, Hubbard & Reed LLP served as legal counsel to Julep. BLOMSTEIN Rechtsanw\u00e4lte provided regulatory services to Julep.<\/p>\n","protected":false},"excerpt":{"rendered":"
Liberated Syndication Closes Acquisition of German Podcast Company Julep Media Pittsburgh, PA \u2013 October 17, 2022 – Liberated Syndication Inc. (\u201cLibsyn\u201d or the \u201cCompany\u201d), the leading \u201dPodcasting As A Service\u201d platform, today announced it has closed the previously announced acquisition of Julep Media GmbH (\u201cJulep\u201d), Germany\u2019s largest independent platform for podcast advertising. Since its acquisition of AdvertiseCast in June 2021, Libsyn has become the go-to-destination for creators to monetize their podcasts through advertising and for brands looking for exposure to the podcast media market. The addition of Julep to the AdvertiseCast platform now allows Libsyn to enter the fast-growing German<\/p>\n","protected":false},"author":1,"featured_media":13511,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3331],"tags":[4054,4050,4052,2673,4053,3018,2675,4051],"acf":[],"yoast_head":"\nAcquisition Transforms Libsyn into a Leading Player in the European Podcast Market - Podcast Magazine\u00ae<\/title>\n<meta name=\"description\" content=\"Libsyn today announced it has closed the acquisition of Julep Media GmbH (\u201cJulep\u201d), Germany\u2019s largest independent platform for podcast advertising.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/podcastmagazine.com\/?p=13510\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acquisition Transforms Libsyn into a Leading Player in the European Podcast Market - 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