Audioboom Group PLC (AIM:BOOM) said its podcast video operations delivered strong results in the month of June.
More than 60% of podcasters on the Audioboom Creator Network produce video versions of their shows, and, video accounted for over 13% of network revenue and 20% of all podcast consumption.
Video podcasts were viewed more than 22 million times in June, and revenue per 1,000 video views was US$40.74.
"As the industry continues to navigate podcast consumers' shift to video, Audioboom and Adelicious have emerged as leaders in the space with our video strategy already generating significant revenue for those creators producing video content,” said chief executive Stuart Last.
“Podcasters have trusted us as the leading independent platform for audio podcasting for many years, and now they can rely on us to create value for their work in video."
Audioboom highlighted also that it had 11 shows in the top 100 US video podcasts on YouTube’s Weekly Podcast Chart.