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BOULDER, Colo. – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW), a company specializing in AI-powered audio identification and classification, is launching a new platform for podcasters that aims to provide more reliable revenue. We have announced a new pay-per-play beta program. Stream compared to traditional ad-based models. The program is designed to directly compensate content creators for each episode played on the Audidia audio super app faidr.
This effort is targeted at podcast listeners who typically skip ads or decline subscription offers for ad-free content. Audidia's technology simplifies the podcast listening experience by allowing users to automatically fast-forward through ad breaks within podcast episodes, allowing them to pay per play.
Audia CEO Michael Lawless highlighted the challenges faced by podcasters due to inconsistent ad revenue and significant cuts to ad networks and salespeople. “We believe the real value lies in the creative work of podcasters, and the economics should reflect this,” Lawless said, adding that creators could potentially keep the majority of the revenue. emphasized.
This beta program leverages Audidia's Seamless Play and a new seek-forward feature called Forward+. These are all part of the company's Enhanced Podcasts suite. These features leverage Audidia's patented AI and natural language processing (NLP) technology to identify segments and facilitate ad avoidance. Forward+ allows users to skip directly to the next content segment and is expected to be released later this year.
Audidia's approach to podcast monetization reflects a move toward a direct payment system similar to streaming music services. The company is currently in discussions with potential partners and will soon announce the first group of participants for the pay-per-play program.
This announcement is based on statements in a press release and contains forward-looking statements that involve risks and uncertainties. Audia's plans and the effectiveness of its pay-per-play model are subject to change, and the company does not undertake to update these forward-looking statements.
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