Pocket FM aims to raise EBITDA margin to 15%โ20% with AI
Inc42 reports that cofounder Prateek Dixit says AI already powers about 90% of Pocket FMโs production, while post-production is entirely AI-driven.
TLDR
Inc42 reports that Pocket FM is betting on AI to lift its EBITDA margin from around 5% to 15%โ20%. Cofounder Prateek Dixit said AI already powers about 90% of production and all post-production. The company has launched Sherpa, an AI-powered fiction-writing platform designed to help creators develop stories spanning up to 1,000 episodes. Pocket Saga is adapting its stories into long-form, AI-generated anime. Inc42 also reports plans to enter Japan and South Korea, and says Pocket FM recently claimed to have crossed $500 million in annual recurring revenue.
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Pocket FM aims to raise EBITDA margin to 15%โ20% with AI
Inc42 reports that cofounder Prateek Dixit says AI already powers about 90% of Pocket FMโs production, while post-production is entirely AI-driven.