Nova and Acast split after three years | radioinfo

Nova and Acast split after three years

Friday 04 September, 2020
Peter Charlton

Nova Entertainment and Acast today ended their partnership, with both companies set to pursue broader business ambitions.

They have enjoyed a successful three-year partnership with NOVA representing and selling Acast's audio-on-demand inventory in the Australian market since 2017, but effective from Monday 7 September, both businesses will manage sales of their respective podcasting inventory in-house.
 
Managing Director for Australia and New Zealand at Acast, Henrik lsaksson, said: "As the local podcast industry continues to go from strength to strength, now is the time for Acast to be an independent player, to offer further podcast-specific strategy, insight and reach opportunities to brands and agencies.
 
"NOVA has been an incredible partner to work with and we leave on really good terms. The split is simply about the incredible growth of the podcasting market and the huge opportunity Acast can offer to brands both in Australia and globally."
 
NOVA Entertainment's Chief Commercial Officer, Peter Charlton, said: "Our partnership with Acast has delivered in all the ways the right partnerships do - insight, experience and importantly, shared success. There's a lot to be proud of, but now's the right time for us to build on that foundation independently.
 
"As in everything we do, NOVA has big ambitions to further develop our digital audio offering, and the work we've done with Acast stands us in good stead to realise those. It's an exciting time, and I wish Henrik and the team the very best."

 


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