Podcast giant Acast doubles revenue as on-demand listening grows

Podcast giant Acast doubled its revenue last year as it racked up almost 2bn listens on its growing portfolio of shows. The Stockholm-based firm, which helps podcast makers distribute and monetise their shows, reported revenue of 361m Swedish krona (£29m) in 2019, up from 180m krona the previous year. The Americas grew 148 per cent, while its European business was up 91 per cent.