Presidio sells Podium Entertainment for more than US$400 million

Presidio Investors sold Podium Entertainment, a publisher of audiobooks from independent authors outside traditional houses, to Flexpoint Ford and Shamrock Capital for more than US$400 million. GoldState Music took a minority stake, meaning a small non-controlling share. Podium, founded in 2013, holds more than 15,000 audio titles. Publishers Lunch reported 21 September 2026.