Auddia Announces Acceleration of User Retention Momentum into Q4 in Support of Subscription Revenue Growth in 2025
User Retention Success: Auddia Inc. reported a significant increase in its 30-day user retention for the faidr app, reaching 21% in October, which is double their internal goal of 10%, attributed to ongoing product and marketing enhancements.
Subscription Strategy Implementation: The company plans to optimize subscription conversions starting this quarter, with updated metrics and new revenue expected to be reported in Q1 2025 as they transition towards driving subscription revenue.
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Auddia Fast-Tracks B2B Strategy with Launch of Free Faidr App
faidr App Becomes Free: Auddia has made its faidr app completely free for all users, offering premium, ad-free AM/FM streaming and features like manual song skipping that were previously exclusive to paid subscribers.
Integration of Discovr Radio: The integration of Discovr Radio into the faidr app is set to be completed by the end of Q4 2025 to early Q1 2026, allowing listeners to discover new artists through an AI-powered Artist Discovery Engine.
B2B Revenue Expectations: Auddia anticipates its first B2B revenue from select labels and artists in Q1 2026, marking a significant shift towards a business model that connects artists with mainstream radio audiences.
Future of Radio Streaming: Auddia's CEO emphasizes that the future of radio streaming lies in AI, personalization, and artist empowerment, aiming to transform how music content is experienced and monetized.
Auddia Unveils Updated Corporate Overview on Its Website
Webcast Announcement: Auddia Inc. will present at the LD Micro Conference on October 21, 2025, at 2:00 PM PT, discussing its restructuring into a holding company focused on AI and web3 capabilities.
Business Model Shift: The company is transitioning from a direct-to-consumer subscription model to a B2B model centered on AI-driven music discovery, as part of its strategic restructuring efforts.