Pocket FM hits $500M revenue with 93% AI-powered content
pocket fm doubles revenue run rate to $500m with ai powering 93% of audio content, making production 80 times cheaper.
pocket fm, an indian audio storytelling platform, has reached a $500m annualized revenue run rate, up from $250m a year ago. ai now powers 93% of its overall catalog and 99% of new content, with human creators focusing on ideas and storytelling. the use of ai has reduced content production costs by 80 times, allowing for a significant increase in content output and improved listener retention.