Latest News
Azerion acquires Radionomy and enters audio advertising market

Azerion has announced the acquisition of Radionomy Group, a global pioneer in digital audio advertising and marketing solutions. With this acquisition, Azerion launches a new product in the realm of audio advertising, enabling clients and partners to expand their engagement with users. This acquisition will enhance Azerion’s ability to support advertisers and publishers with a complete suite of advertising products and further solidifies our entry into the US market.
Radionomy has a unique and proprietary adtech solution covering all aspects of digital audio ⎼ including radio, podcasts, audiobooks and games ⎼ and supporting in excess of 3 billion monthly impressions in over 30 markets worldwide. It is connected to a wide range of publishers with more than 15,000 audio channels in aggregate, providing meaningful scale to drive targeted and efficient advertising for advertisers.
Atilla
Azerion has signed a binding transaction documentation relating to the sale of 100% of the issued and outstanding shares in the share capital of Radionomy Group B.V. from Targetspot SA, a company listed on Euronext Growth Paris and Brussels. The transaction perimeter includes Radionomy Group B.V. and all its subsidiaries and, as such, does not include Targetspot’s Winamp operations. Closing of the transaction is subject to certain conditions, including approval by Targetspot’s extraordinary general meeting (EGM), which will be held on 9 December 2022. Closing is expected before 31 December 2022.
The total consideration will be predominantly settled through Azerion shares, with the balance settled in cash. In total, 2,782,644 Azerion shares will be transferred to the selling shareholders at closing of the transaction and such Azerion shares equivalent to up to €3 million are to be granted in future, subject to certain earn-out conditions. Azerion’s shares currently held in treasury are sufficient to satisfy the share consideration. The balance that is payable in cash contains a payment at closing as well as deferred payments. Radionomy is expected to generate approximately €29 million to €30 million gross revenue in 2022.
Radionomy brings together the entire activity of Targetspot with its subsidiaries. The transaction thus involves the indirect disposal of all the subsidiaries of Radionomy Group B.V., the Targetspot and Shoutcast brands and all staff attached to the business.
-
Africa6 days ago
Sportingtech Extends Strategic Partnership with 888Africa
-
Asia7 days ago
PAGCOR donates emergency vehicles to five new beneficiaries
-
Asia6 days ago
PAGCOR ORDERS TAKEDOWN OF GAMBLING BILLBOARDS
-
eSports6 days ago
Esports World Cup 2025 Press Conference Kicks Off in Riyadh
-
Central Europe6 days ago
Spielbanken Bayern and Stakelogic Launch brand new Live-Casino Offering
-
Latest News6 days ago
Week 28/2025 slot games releases
-
Baltics6 days ago
Swintt Joins Forces with TOPsport to Capitalize on Lithuanian Market
-
Latest News6 days ago
The anatomy of a high-performing iGaming platform: a guide from Slotegrator