Alex Blumberg's podcast network just raised $675K - Technical.ly Brooklyn

Business

Oct. 9, 2014 9:09 am

Alex Blumberg’s podcast network just raised $675K

The guys behind the StartUp Podcast do the startup thing and raise some capital.

Podcasting is all the rage.

(Photo by Flickr user zoomar, used under a Creative Commons license)

American Podcasting Corp has raised $675,000 on an offered $1.5 million debt-only round, according to an SEC filing.

Its cofounders, Alex Blumberg and Matt Lieber are documenting the building of their company on the StartUp Podcast.

The news comes as the two get shout-outs in a recent story in The Washington Post about how the podcasting sector is now turning a profit.

On a recent episode of This American Life, the show aired part of an episode of the StartUp Podcast. In it, Blumberg explains that his vision is simply to start a company that makes high-quality podcasts, like the ones he made for NPR. In other words, a content company. The American Podcasting Corp will then be competing with existing networks, like Maximum Fun, Earwolf, Carolla Digital and Nerdist.

At Techweek New York, we asked Buzzfeed CEO Jonah Peretti what he foresaw for the future of podcasting. He said that his company is continually discussing the medium, but that many feel that its method of delivery is too locked down by Apple for companies to really be able to do it effectively, glean the kind of insights they need and distribute with flexibility.

(Update: 10/9/14, 11:32 a.m.)

In an email from cofounder Matt Lieber, we learned the team has actually raised slightly more than $1 million at this point. Lieber also says to look out for a branding update.

“American Podcasting Corporation is the name we’re incorporated under, but we’ll be announcing a new name soon,” he wrote.

Advertisement

You must appreciate accurate, relevant and productive community journalism.  Support this sort of work from professional reporters with seasoned editors.  Become a Technical.ly member for $12 per month
Organizations: Gimlet Media, NPR
-30-
LEAVE A COMMENT

Advertisement

5 pitches from the Made in NY Media Center program turning creatives into founders

Funding news about Co-Star Astrology Society

Blockchain journalism startup Sludge hires 3 veteran reporters

SPONSORED

Brooklyn

You can win up to $360,000 at the WeWork Creator Awards

Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now
Home/Anywhere

The One and Only Corp

iOS/Android Developer

Apply Now

Gawker alums’ bid for the domain failed. Now Mike Cernovich wants to buy the site

Cool talk alert: How the media can use blockchain technology to maybe save itself

11 university startups accepted into NYC Media Lab Combine accelerator

SPONSORED

Brooklyn

Explore how diverse teams build dynamic products with Dev Bootcamp

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!