We acted as Finnish counsel to PodX Group on the acquisition of Finland’s largest podcast company Suomen Podcastmedia.
PodX Group is a Stockholm-headquartered company focused on investing in businesses with international podcast IP rights, offering financing and support on business development, internationalization and commercialisation to emerging podcast producers and creators. PodX Group is now expanding further in the Nordics by acquiring their first podcast studio in Finland, Suomen Podcastmedia.
Suomen Podcastmedia is focused on content genres such as true crime, comedy, entertainment and fiction drama. With a portfolio of 47 podcasts, Suomen Podcastmedia is Finland’s biggest podcast company, with a market share of more than 50%. The company has produced branded podcasts for large companies such as Accenture, Arla and Danske Bank, to name a few, and works with commissioners such as Storytel, Supla, Podimo and Finnish public service broadcasting company YLE.