How Much Did Magic Broadcasting Raise?
Funding & Key Investors

Magic Broadcasting has secured $325K in total capital, with its most recent funding round bringing in $175K. This significant investment underscores the company's established presence and strategic growth initiatives within the media sector. The company's financial trajectory indicates a mature stage, likely leveraging this capital for expansion and operational enhancement.

What is Magic Broadcasting?

Magic Broadcasting
Media & InternetBroadcasting

Magic Broadcasting PC is a diversified media entity operating across radio and digital platforms, primarily serving the Panama City and Northwest Florida regions. With a substantial weekly audience exceeding 97,000 listeners, the company has evolved beyond traditional radio broadcasting. Its integrated approach includes online streaming, active social media engagement, and dedicated mobile applications. Magic Broadcasting offers a broad spectrum of content, encompassing music, news talk, and entertainment, demonstrating a commitment to comprehensive audience connectivity and digital innovation.

How much funding has Magic Broadcasting raised?

Magic Broadcasting has raised a total of $325K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$175K

Debt (2020): $150K with participation from PPP

Debt (2021): $175K led by PPP

What's next for Magic Broadcasting?

The recent strategic investment in Magic Broadcasting signals a pivotal moment for the company, suggesting a focus on scaling its digital footprint and potentially exploring new market opportunities. Given its large-scale, late-stage funding context, future endeavors may involve technological upgrades, content diversification, or strategic acquisitions to further solidify its market position. The company's emphasis on digital evolution positions it for continued growth in an increasingly connected media landscape.

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Frequently Asked Questions Regarding Magic Broadcasting Financial Insights

What are the most recent funding rounds that Magic Broadcasting has completed, and what were the funding rounds?
Magic Broadcasting has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Magic Broadcasting has raised to date?
Magic Broadcasting has raised a total of $325K in funding to date.
How many funding rounds has Magic Broadcasting completed?
Magic Broadcasting has completed 2 funding rounds.
How much funding did Magic Broadcasting raise in its most recent funding round?
Magic Broadcasting raised $175K in its most recent funding round.
Who are the lead investors in Magic Broadcasting's latest funding round?
The lead investor in Magic Broadcasting's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Magic Broadcasting's history?
The largest funding round in Magic Broadcasting's history was $175K.
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