Objective
Podcasting is among the fastest growing media, but has not yet been properly monetized. To fill this gap, Acast was created in 2014. The podcast inserts itself into the mega-trend of on-demand entertainment consumption: Users can follow on audio programs wherever and whenever they want. Developments in the technology infrastructure have finally allowed podcasting to establish itself as the next generation radio, and conquer the attention of millions who daily consume audio content. During next five years it is estimated the podcasts may reach the audience of more than 1 billion listeners. Acast, as the first podcast system able to combine services to all the podcasting stakeholders (listeners, podcasters and advertisers) as well as technologies such as dynamic ad insertion, an intuitive system for all podcasters, and an easily searchable podcasts library, will establish itself as the market leader, de facto replicating the success of Wordpress, Spotify, YouTube and Netflix.
Currently, Acast has over 50 M monthly listeners, has attracted corporate advertisers and hosts podcasts from well-known international media houses. Acast has already developed the cornerstone of its all-in-one system: its unique ad insertion technology, which has enabled the company to generate revenues from 2014, its 1st year of operation. This technology is set to change podcast monetisation via ads, currently still following an old fashioned sponsorship model. Acast allows advertisers to target specific audience segments and change their ads any time.
Acast is now further improving its system for listeners and podcasters, to make podcasting a major new communication channel produced by people for the people. This project enables Acast to fully automate and scale up the key features of its system, thus positioning Acast on the right track to become the global leader in the audio-on-demand market.
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2016-2017
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
103 95 Stockholm
Sweden
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.