Last updated on September 12, 2024 – 11:49 AM
Perfect Day Media, one of the largest and most successful podcast studios in the Nordics, has been acquired by PodX Group.
The 100% acquisition was made from Perfect Day's sister company, Pop House Entertainment.
“We are honored and excited to welcome Perfect Day Media to the PodX Group,” said Patrik Svensk, CEO of PodX Group.
“Perfect Day Media occupies a unique position in the Nordic podcast market, excelling at attracting top talent while also successfully monetizing the format and content.
“This acquisition is perfectly aligned with our vision to become the leading global podcast company.”
In recent years, PodX Group has made a number of acquisitions in the podcast industry, including Studio Minuit and Nouvelles Écoutes in France, Posta in Argentina, Filt and Suomen Podcastmedia in the Nordics, and Goldhawk Productions, Listen and Platform Media in the UK.
Perfect Day Media underwent a leadership transition earlier this year, with Karolina Sandberg and Tove Valkestad replacing founders Hannah Weidel and Amanda Schulman.
Since then, the two new CEOs have successfully grown revenue and improved operating margins. Following the acquisition of PodX Group, Karolina Sandberg and Torve Valkestad will continue to lead Perfect Day Media.
Karolina Sandberg and Tove Valkestad of Perfect Day Media said: “Following a productive and transformative spring, we are excited to partner with our new owners to move the company forward and appreciate their support.
“We are honored to be part of this podcast collective and see great opportunities for the further development of Perfect Day Media thanks to the network and expertise within PodX, along with its subsidiaries in the PodX Group.”