Acast appoints Liv Sandberg as EVP Europe from TikTok
She unifies European leadership to support regional growth and infrastructure for advertisers and podcasters.
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In short: Acast achieved profitability in early 2026, acquired Backyard Ventures for $20 million, and launched video monetization on Apple Podcasts.
She unifies European leadership to support regional growth and infrastructure for advertisers and podcasters.
The $20 million deal adds 200+ US creators and expands Acast's presence to Austin, strengthening its position as the world's largest pure-play podcast company.
The move follows a beta showing roughly 25% higher weekly sessions, and creators can earn through Acast's marketplace.
Net sales reached SEK 775.6m, EBITDA turned positive at SEK 57.7m, and adjusted EBIT was SEK 31.6m.
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Acast today announces the acquisition of Backyard Ventures - a leading US network whose roster of 200+ creators spans audio, YouTube, newsletters and social. The...
Acast acquires the American company Backyard Ventures for $20 million, corresponding to approximately SEK 190 million.
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