I've loved Libsyn (one of the companies owned by Wizzard Media) since the day I start podcasting. My first episode was on a libsyn server, and I still use them today. If I didn't use Libsyn, my second choice has always been blubrry.com simply becuase its a podcasting company run by podcasters, and I know the President, and some of the porgrammers personally (they did a lot of with Podcamp Columbus). The one thing that always makes me nervous about Wizzard media (I need Rob to explain this), is when I read how “they are losing less money” this year. Here is an exerp from a press release.
Wizzard Software posted a net loss of $607,000, or a penny per share, for the first quarter of fiscal 2011, the Shadyside-based podcasting and speech technology firm announced today. That's a 55 percent decrease from the $1.3 million and 2-cent losses seen this quarter one year ago.
Revenues, however, went up 20 percent from last year to reach $1.57 million.
In a prepared statement, Wizzard Chief Executive Officer Chris Spencer said his company was well-positioned to achieve profitability soon.
“As we start 2011 with over $2.4 million cash in the bank and debt free, with no outstanding convertible notes, preferred stock, interest payments or dilutive ratchets, we are positioned to achieve profitability,” said Mr. Spencer.