The latest news about podcasting and podcasting startups in Southern California from dot.LA
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A few stories arrived recently demonstrating the continued strength of Los Angeles’ podcasting industry. Spotify, of course, unveiled its massive “Pod City” production hub in the Arts District in Downtown L.A. last December. HeadGum Studios expanded its operations back in 2020, and earlier this year, L.A.-based ad platform Gumball raised $10 million in Series A funding that it will put toward a new system making it easier for sponsors to place host-read ads on popular series. Then this week, L.A.-based PodcastOne beefed up its line-up of sports personalities, adding former baseball pro Nick Swisher, NBA vet Bobby Portis and former Jacksonville Jaguar Chris Howard to its team.

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Photo courtesy of Jon Korngold

Jon Korngold graduated with a liberal arts degree, and now works for the world's largest alternative investment fund. Although his road to the investment fund world may not be traditional, he has found success all the same.

On this episode of Office Hours, Global Co-head of Technology Investing and Head of Blackstone Growth Jon Korngold joined host Spencer Rascoff to discuss the private equity landscape and what he learned from Blackstone's first investment.

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Sign up for dot.LA’s daily newsletter for the latest news on Southern California’s tech, startup and venture capital scene.

Gumball, a Los Angeles-based adtech platform allowing advertisers to place “host-read” ads on podcasts, has raised $10 million in Series A funding, it announced Tuesday.

The funding round, led by venture firms Union Square Ventures and Good Friends, takes Gumball’s total funding to date to $12 million, the startup said. Gumball plans to aggressively expand its adtech platform by adding hundreds of new shows as well as more advertisers, co-founder and CEO Marty Michael told dot.LA.

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