Acast to Power Video Podcast Distribution on Apple Podcasts via HLS
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Acast AB has announced a partnership with Apple to distribute video podcasts on Apple Podcasts using HLS technology, set to launch this spring. This collaboration aims to enhance monetization opportunities for creators and advertisers, positioning Acast as a key player in the podcast market. The latest analyst rating for Acast's stock (SE:ACAST) is a Hold with a price target of SEK30.00. Acast serves over 140,000 creators and collaborates with more than 4,000 advertisers globally, despite a year-to-date price performance decline of 23.44%.
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