A weekly perspective on the business of audio, including podcasting, smart audio, streaming music, social audio, and everything else you stick in your earballs. Hosted by 20+ year audio veteran Tom Webster, SVP of Edison Research.
Here's what you need to know for today in the business of podcasting: podcast ROI outperforms in new study, a Cannes correspondance roundup, and shifting ad dollars as influencers launch their own brands.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Amazon unveils Ad Relevance, how Immediate Media is growing its paid podcast audience, and Oracle to end all of its ad products.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: podcast listenership grows worldwide, how Apple's podcast transcriptions came to be, and Spotify's new in-house creative agency.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: the latest research study from Sounds Profitable, podcasts' hidden audience, and Spotify's new video podcast uploads.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Sounds Profitable's findings on ad frequency, how advertisers are misinformed about industry misinformation, and Forbes' first creator upfront.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: a hidden side-hustler audience, IAB's upcoming "Nothing will be thesame" conference, and Kosar sues podcasting company over a ceremonial bet.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: how the Food and Beverage industry has an opportunity with podcasting, YouTube's pitch to advertisers emphasizes creators' "star power", and the NBA finals create a hot ticket for advertisers.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Audacy's new survey on cross-platform podcast advertising, Spotify rolls out video feeds for all podcasts, and how podcast budget cuts are causing producers to pivot.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: Megaphone will work recertify its IAB status, Spotify launches a partnership with streaming service Nebula, and a new Canadian legislation is set to tax foreign streamers.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: how tolerant audiences really are of podcast advertising, a new memo for SAG-AFTRA members regarding AI, and how Gen Alpha kids are sharing brands with their parents.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: a new Canadian legislation will tax foreign streamers, Discord partners with TuneIn to bring live radio to the platform, and Colgate launches the first ever UK podcast advertising campaign.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
This week Tom Webster breaks down the upcoming Sounds Profitable study Ad Nauseam and what questions it aims to answer about podcast advertising.
* Written by Tom Webster
* Audio edited by Newton Schottelkotte
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Spotifyâs and Nebula are partnering to bring video essay content to the platform, why retailers hate that you buy big things on your laptop, and the pros and cons of publishersâ AI licensing deals.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Spotifyâs Megaphone will return to IAB certification, Triton Digital's 2024 Canadian podcasting report, and publishers and advertisers push back against Apple's new "web eraser".
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: addressing Spotify's place in podcasting, aging out age demographics, and lessons from the podcasting scene in MENA.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
This week Bryan Barletta takes a step back and looks at Spotify's place in podcasting not as a peer to the industry, but as the global multi-platform corporation it is.
* Written by Bryan Barletta
* Edited by Tom Webster
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Sounds Profitable interviewed several industry leaders on the show floor of Podcast Show London, a look at how podcasting takes on licensing, Spotify debuts new Austalian statistics for podcasts, and the rising problem of over-attribution in advertising.
Find links to every article mentioned and the full writeup here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Spotify publishes trend data, Signal Hill Insights looks at the behaviors of business podcast audiences, PMPs are making a comeback in programmatic, and the Hasbro/Audible deal has produced a Peppa Pig podcast.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: Spotify gets rid of price floors for SPAN, are political ads a good fit for podcast audiences, streaming's 2024 Upfront mirrors podcasting, and advertisers are under-investing in Hispanic audiences.
Find links to every article mentioned and the full write-up on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Spotify has debuted a transcript pilot and listen data, RAJAR has Q1 stats for audio consumption in the UK, and Digiday looks at the Q1 revenue of five major publishers.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Spotify is removing price floors for SPAN, Digiday finds marketers are more invested in programmatic than agencies, Brian Morrissey argues audio is the last refuge of autheticity in the AI age, and an online hub provides database of podcasts looking to be optioned by audiovisual adaptations.
Find links to every article covered and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Several big outlets covered the new IAB Podcast ad revenue report, Julie McNamara to step down from Head of Spotify Podcast Studios, Horizon Next partners with Claritas' ArtsAI on proprietary cross-platform measurement framework, and Adelaide is expanding their AFP platform to include audio attention measurement and activation capabilities.
Find links to every story mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: The IAB debuts 2023 podcast revenue study, the global growth of podcasting, the importance of not ignoring 55+ demographics, and a roundup of podcastingâs Q1 reports.
Find links to every article mentioned and the full write-up at Sounds Profitable.
Here's what you need to know for today in the business of podcasting: The IAB has published the new U.S. Podcast Advertising Revenue Study, Tom Webster talks about shfiting podcast advertising to incldue 55+ consumers, Eric Nuzum writes on the importance of making one's audience the foremost concern from the beginning, programmers hope lower ad volumes will earn more viewer time, and what to expect from this year's TV upfronts (according to buyers).
Find links to every article mentioned as well as the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: The golden age of podcasting is just beginning, Acast 'on track' to full-year profitability, marketers seem optimisitic about advertising budgets, Nickelodeon releasing slate of preschool-targeting kid's podcasts, and You Didn't See Nothin' wins Pulitzer Prize.
Find links to all articles mentioned and the full write-up here at Sounds Profitable.
While podcasting is popular with younger demographics, the biggest growth potential lies in audiences aged 55 and up.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: the IAB Podcast Upfront is this Thursday, Veritonic releases new study into the branding potential of phone hold music, audio's brand-building capabilities, and how walled gardens make buying ads harder for both retail media and podcasting.
Find links to every article mentioned and find the full write-up here at Sounds Profitable.
Here's waht you need to know for today in the business of podcasting: New study on podcast listening in the Phillippines, YouGov data on global podcast listening, possible reclassification of marijuana still keeps it off limits for radio and TV (but not podcasts), pharmaceutical companies dip their toes into influencer marketing, and incumbent prime mnister Justin Trudeau is incorporating podcast appearances into his political strategy.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: The IAB Tech Lab introduces new guidelines for podcast measurement, Magellan AI publishes the top podcast advertisers of March and a Q1 podcast advertising benchmark, sports advertising is on the rise (and podcasts are a good opportunity), and Tom Webster shares a bounty of useful research to show podcasting is the safe bet.
Find links to every article discussed and read the full write-up at Sounds Profitable.com
Here's what you need to know for today in the business of podcasting: The IAB Tech Lab has finalized Podcast Measurement Guidelines v2.2, brands chase football marketing momentum, news orgs are done begging for ad dollars, Spotify makes its NewsFronts debut, and Audible tests lower-priced plan as a possible response to Spotify's audiobook offering.
Find links to every article mentioned and the full write-up here on Sounds Profitable.com
For brands looking to earn attention, podcasts are proving they can deliver in a media landscape littered with noise.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: City Casts and the value of local focus, a new report on podcast listeners in India, Magellan AI's Q1 2024 podcast advertising benchmarks, Right Side Up's guide on measuring success for influencer marketing campaigns, and The New York times covers podcast companies building out their video shooting capabilities.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's waht you need to know for today in the business of podcasting: SiriusXM has posted their Q1 earnings report, Pierre Bouvard covers the 24/18/58% rule, travel advertising is taking flight, brands are looking to stretch beyond TV in sports advertising (and podcasting looks to be a good fit), and a new university has introduced a podcast course into their curriculum.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Magellan AI's top podcast advertisers of March, YouTube Shorts advertising revenue is trending upwards, the IAB predicts social video will overtake CTV this year, Visa's global head of content speaks to influencer marketing, and big retail brands get into DTC marketing, opening a new avenue for podcast advertising.
Find the full write-up and links to everything mentioned right here on Sounds Profitable.com
Here's what you need to know from this week in the business of podcasting: Spotify has left the IAB, That Was Us ups the cadence on rewatch podcasts, IAB UK shares data on podcast growth, a new listener habit report from Japan, and GroupM reclassifies a good portion of YouTube as CTV.
Find links to every article mentioned and the full write-up (along with today's Data Snapshot) right here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Otonal has published a new survey of podcast usage in Japan, Acast has a new annual report, YouTube's CPO talks video podcasting, and the MRC releases an invalid traffic guideline update.
Find links to every article mentioned and the full write-up (along with today's Data Snapshot) right here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: IAB UK's new ad spend report shows podcast spend increased 23% y-o-y, Signal Hill Insights debuts new benchmark study for branded podcasts, eMarketer shares five key stats on marketing fatigue, and Campaign covers podcasting's global growth.
Find links to every article mentioned and the full write-up (along with today's Data Snapshot) right here on Sounds Profitable.
What does capturing the existing fanbase of a recently-ended program look like in podcasting? We speak with actors Mandy Moore, Sterling K. Brown, and Chris Sullivan, who are launching as an episode-by-episode rewatch podcast of This Is Us, rapidly upping the normal rewatch podcast cadence of nearly a decade.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: marketers underestimate creative's impact on sales effect, podcasters chosen for UK general election coverage, CoHost publishes new report on podcast agencies, Spotify has published their Q1 earnings, and the winners of this year's Webbys are now live.
Find links to every article mentioned and the full write-up here at Sounds Profitable.com
Here's what you need to know for today in the business of podcasting: Spotify is no longer in the IAB, GroupM to reclassify some YouTube ad revenue as CTV instead of digital, Global is launching Dax ID, how video can widen podcasting's footprint, and ARM breaks down how podcast advertising is effective.
Find links to every article mentioned and the full write-up here at Sounds Profitable.com
Here's what you need to know for this week in the business of podcasting: U.S. creator funding surges, advertising space for the opening and closing Olympic ceremonies is sold out, The Sports Audio Report teaser has promising data for podcasting, and Rebecca Lavoie shares tips for reframing podcasting's place in the media ecosystem of a public radio station.
Find links to every article mentioned and the full write-up here at Sounds Profitable.com
Here's what you need to know for today in the business of podcasting: how UK podcasts navigate the country's election cycle, the latest on Sirius XM's upcoming Sports Audio Report, and James Chandler on why advertisers should include podcasting in their media plans this year.
Find links to every article mentioned and the full writeup here on Sounds Proftiable.
Here's what you need to know for today in the business of podcasting: Adam Bowie goes over Ofcom's latest podcast survey, The Information finds US creator funding surges for the first time in two years, NAB panelists say appetite for digital audio advertising is growing, and Lower Street is hosting a Brand Podcast Summit ticket giveaway.
Find links to every article mentioned and the full writeup here on Sounds Proftiable.
Here's what you need to know for today in the business of podcasting: the IAB publishes their 2024 Internet Advertising Revenue Report, Morgan Stanley weighs in on the proposed ARN acquistion of SCA, and Digiday breaks down WTF is the American Privacy Rights Act.
Find links to every article mentioned and the full writeup at Sounds Profitable.com
Here's what you need to know for today in the business of podcasting: what to expect from the 2024 IAB Podcast Upfront, Jordan Harbinger's three lessons to podcast advertisers, Rebecca Lavoie's tips for public radio station podcast success, and NBCUniversal reports they've sold out all digital and linear ad inventory for the 2024 Paris Olympics opening and closing ceremonies.
Find links to every article mentioned and the full writeup at Sounds Profitable.com
Here's what you need to know for this week in the business of podcasting: CBS's success with 48 Hours and how broadcast-to-podcast works best, this week in podcast acquistions with The Roost and Neon Hum, The Breakfast Club flexes podcastings' journalistic might, Signal Hill Inights tests the power of 'talent-read' ads, and Gen Alpha's getting into sports.
Find links to every article mentioned, the full write-up, and subsribe to the newsletter version here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Bryan Barletta interviews Gumball CEO Marty Michael about the company's new Campaign Builder, Substack announces new Spotify integration, Radiodays North America to feature a seperately-ticketed podcast summit, the hard numbers on YouTube Shorts, and why women are driving True Crime's growth.
Find links to every article mentioned, today's Database Snapshot, and the full writeup on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: CBS finds podcasting success with 48 Hours, what ID5's fundraising means for podcasting, Signal Hill Insights tests the power of "talent read" ads, and Steven Bartlett teams up with Telling Media co-founders to launch Flight Studio.
Find links to every article mentioned and the full write-up, including today's research database snapshot, right here on Sounds Profitable.
Being overly restrictive of what âcountsâ as a podcast could lead to the medium going the way of the blog. Tom Websterâs keynote presentation from Evolutions by Podcast Movement breaks down how we can embigify the industry.
* Written by Tom Webster
* Edited by Gavin Gaddis
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: The Roost has been acquired by Night Talent Management, Podcasting's open internet heritage, the lack of serial in Serial, Gen Alpha's growing sports fandom, and the trouble with trying to change TV upfronts.
Find links toe verything mentioned and the full write-up on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Podcast Moevment has published the 2024 Evolutions keynotes on YouTube, The Breakfast Club's recent interview with Eric Adams shows podcasting's power for hard-hitting questions, and Digiday looks at the factors that could affect ad tech M&A this year.
Find lnks to everything discussed and the full write-up on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: Tom Webster breaks down highlights from The Ad Bargain, The Joe Rogan Experience boosts Gary Clark Jr.'s Spotify numbers, retail media networks are starting to see the appeal of audio, and over 50% of surveyed Americans are cord-cutters.
Find links to everything covered in this episode and read the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Tom Webster breaks down five important data points from The Ad Bargain, KANTAR publishes podcast advertising guidelines for the Netherlands, and more than half of US TV watchers are cord-cutters.
Find links to every article mentioned and the full write-up at Sounds Profitable.com
Here's what you need to know for today in the business of podcasting: Sound Profitable's newest study The Ad Bargain is now live, industry KPIs show YouTube leads for social media advertising attention (with podcasting in second place), where Gen Alpha consumes content, and why performance marketers are shifting priorities to brand-building.
Find links to everything mentioned, as well as the full write-up, on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: audio and retail are getting in tune with one another, advertisers are suing Meta for allegedly inflating ad viewership, the utility of podcasts like Lex Fridman's, insights from leaders at the top of podcasting, and Evan Shapiro's take on the 'creator economy' and how it's evolving.
Get links to every story mentioned as well as the full write-up on Sounds Proftiable.
Here's what you need to know for today in the business of podcasting: Anyone can buy traffic but building audience is harder, How the New York Times approaches podcast discovery and growth, YouTube to host Creator Workshop, Gary Clark Jr. experienced the Joe Rogan bump, and podcasters explore diverse revenue streams.
Register now for The Ad Bargain's debut webinar.
Catch links to everything mentioned in this episode and the full write-up on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Audible rides audio boom with big investments, the issue with DTC brands courting influencer investors, GroupM to double investment commitments in women's sports, and why true crime podcasts are great for advertisers.
Find links to everything discussed and the full write-up on Sounds Profitable.
Here's what you need to know for today in the business of podcasting, brought to you from the floor of Evolutions by Podcast Movement: The 2024 Ambies happened last night, Signal Hill Insights shares the podcast listening habits of influential exeutives, why marketers need to embrace the funny when it comes to podcasting, how to turn a comedy podcast into a comedy documentary, and Indigenous Screen Office pairs with Acast.
Find links to everything mentioned in today's episode and the full writeup on Sounds Profitable.
Here's what you need to know for today in the busines of podcasting: Sounds Profitable will be returning to Evolutions by Podcast Movement with the Partner Lounge and two public panels, Podcastle's U.S. survey finds which podcasts are hot with politically-attentive respondents, eMarketer finds poltical ad spend is nearly triple what it was in 2016, and Spotify is testing video-based learning courses in the UK version of the app.
Find links to everything mentioned and the full write-up here at Sounds Profitable.
Here's what you need to know for this week in the business of podcasting: March Madness TV ads are sold out, RedCircle launches new tool for host-read programmatic ad management, RadioDays Europe talks podcastingâs power, and advertisers are skittish on TikTok spending after recent political developments.
Find links to every article mentioned in this episode and the full write-up here on our website.
Here's what you need to know for today in the business of podcasting: LibSyn is rebranding AdvertiseCast to Libsyn Ads, Bryan Barletta's article on owning pocasting's responsibility to audiences, a Podimo survey shows Finns are 62% likely to pay a premium for podcasts, and why Super Fans are something brands should prepare for.
Catch links to everything discussed here on Sound Profitable.
Here's what you need to know for today in the business of podcasting: Ad Results Media announces platform-agnostic programmatic host-read ad management tool, a server anomaly that caused millions of dollars in false bids last week, BBC to potentially run ads on podcasts accessed on third-party platforms in the UK, Spotify is launching a new Ad Studio product, and TikTok's podcast boom might be a bust.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Podcasting has long dealt with double standards when it comes to adtech problems that are part of larger systemic problems. The industry is in a position to establish a higher quality baseline than others who get away with murder.
* Written by Bryan Barletta
* Edited by Gavin Gaddis
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: March Madness men's games all but sold out of ad inventory, how third-party cookie deprecation will change ad buys, teens use YoUTube on a daily basis more than TikTok, how advertisers are reacting to TikTok's shaky future, and Amazon's opportunity in the cookie-free future.
Find links to everything discussed and the full write-up right here on Sounds Profitable.
Today in the business of podcasting: a report from Radiodays Europe, news podcasts and ad buyers aren't seeing the anticipated election cycle bump yet, Rich Greenfield proposes streaming needs to spend more time on time spent, The Ringer's union wins generative AI protections in contract, and Kast Media has filed for bankruptcy.
Find links to every story discussed, and a full write-up, all here on Sounds Proftiable.
This week in the business of podcasting: Bryan Barletta talks about building a better umbrella for podcasting at conferences like SXSW, Edison Research's Share of Ear data shows how much time podcasting takes out of an average hour of ad-supported audio listening, reflections on SXSW for podcasting, Apple has published new resarch on humanizing word error rates in podcast transcripts, and Digiday explains WTF is server-side ad insertion.
Read the full write-up and get links to everything mentioned right here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: My Cultura plans for major growth, the power of Alex Cooper's fandom, Joe Rogan's return to YouTube podcasting is a successful one, abd the case for longer brand lift studies.
Catch links to every story mentioned and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Edison data shows podcasting takes up 12.2 minutes of the average hour spent listening to ad-supported audio, iHeart publishes the winners of the 6th annual iHeartPodcast Awards, IAB data shows Gen Z is the most likely generation to spend money on premium apps and services that used to be free, Digiday explains what server-side insertion is and what it does video (spoiler alert, podcasting has done it for years), and AdNews publishes their 2024 Agency Map.
Find links to everything covered right here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: 2024 is looking up for indie podcast company acquistions/partnerships, SiriusXM isn't sweating lower Pandora numbers, and Flightpath debuts a new way to do "faked-in" host-read ads.
Find the full write-up and links to every article mentioned here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: iOS update adds Apple Podcast transcripts, a roundup of podcasting Q4 earnings calls, it's time for licensed music to enter podcasting, automated transcription and translation isn't quite ready yet, and PRX debuts new fundraising resources for local radio stations.
Find links to everything covered and the full write-up on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Tom Webster writes about how it's time for the music industry and podcasting to embrace each other, a new podcast festival is coming to the UK this spring, Rooster Teeth is shutting down (but The Roost will continue on), and the parasocial power of political podcasts.
Find links to everything discussed and the full write-up here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: Apple Podcasts launches transcripts in-app, Right Side Up's analysis of $3 million worth of podcast advertising, PRX expands their digtial fundraising resources for local radio stations, and a new study from Morning Consult shows trust in audio has jumped in the past four years.
Find links to every article mentioned and the full write-up here on Sounds Profitable.
Tom Webster reflects on a talk he gave this past week in Nashville, and musicâs place (or lack thereof) in the podcasting industry. Thereâs room for great innovation and growth with properly licensed music and podcasts, and itâs time to make it happen.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: KS&R releases the Podcast Frenzy report. Jen Soch of GroupM talks about how podcast advertising is changing digital ad strategies, Digiday looks into the rocky start of AI-powered podcast translations, and reps from The New York Times and Vox Media discuss their podcast strategies.
Catch links to every article mentioned and find the full writeup here on Sounds Profitable.
Here's what you need to know for today in the business of podcasting: A new batch of earnings calls rounds out the financial data for major podcast players in 2024, and numbers look good. IAB Australia publishes new report showing the state of podcast ad investment Down Under. Podcast CPMs increase inf Feb. on AdvertiseCast's tracker. Newsguard has launched new automation tools to "fingerpint" political disinformation, and CoHost is running a survey of professional podcasters.
Find links to everything discussed, as well as the full write-up, on Sounds Profitable.
Here's what you need to know for this week in the business of podcasting:
Get links to every story covered, quick hits, and data from Podscribe, all on the episode's Sound Profitable post.
Here's what you need to know for today in the business of podcasting: Edison Research discusses data showing podcasting's share of ear trends higher in urban areas than rural, podcasting's place in a post-cookie advertising future, and Ad Results Media announces their Pro platform.
Find the links to every article mentioned and the full write-up here on our site.
Here's what you need to know for today in the business of podcasting:
For links to everything covered in today's episode, please visit the episode post on Sounds Profitable.
Today on your daily recap of news in the business of podcasting: Cumulus Media's Pierre Bouvard highlights how podcasting brings B2B marketers to descision-makers at comapanies, the future of TV upfronts is programmatic + audience data, and podcast advertising grew 21.7% in Australia last year.
For links to everything covered, the quick hits, and the full write-up, click here.
Here's what you need to know for today in the business of podcasting: Digiday covers why media companies are pushing podcasts at this year's SXSW "Trojan-horse style," Spotify's Head of Sales for the UK and Northern Europe talks about the company's long-term ad goals, and Brian Morrissey talks the pivot to performance with Dotdash Meredith's CEO.
Links to every story discussed, as well as the full writeup, can be found on this episode's post at Sounds Profitable.
Here's what you need to know for this week in the business of podcasting. As always, links to every story discussed can be found in this episode's full write-up, available here.
Our top stories:
Edward Fuller'sGuide to Making the Most of SXSW as a Podcast Professional
Tom Webster Pitches AI as a Podcast Cohost
Spreaker Supporters Club Announced
New NPR SVP of Podcast Strategy Sees an Optimistic 2024 Ahead
And in our quick hits:
* 2024 Marketing Trends Report. A new report from Quill and Carney collects dozens of sources to provide a snapshot of current and potential future marketing trends.
* PodPod to be merged with Campaign. The PodPod brand will be retired and sister publication Campaign will take over live events like the British Podcast Awards and Podcast Advertising Summit, as well as increase its own coverage of audio and podcasting news.
* Spotify joins ACPM. Megaphone is now compliant with French local measurement standards. For more information on the ACPM, see The French Exception on Sounds Profitable.
* Marketers are chronically underinvesting in brand by Ashley Regan. Australian radio has a recurring issue of marketers running trial brand campaigns that are too short to show their true ROI.
* Audacy Receives Court Approval of Reorganization Plan. With the approval, Audacy can move forward on ending their Chapter 11 bankruptcy.
Here's what you need to know for today in the busienss of podcasting: PodPod will be merged into Campaign, Tom Webster writes on using AI as a podcast co-host, why Temu's Super Bowl ad is a sonic branding success story, and US scripted TV numbers dropped last year.
Find links to every story covered, as well as the full write-up, on Sounds Profitable.
Here's what you need to know for today in the business of podcasting. Top stories include Barometer and Next Broadcast Media teaming up to create a podcast brand safety tool for Arabic podcasts, 2024 political ad spend could affect advertising overall, Audacy receives approval for reorganization plans, and the top podcast advertisers for January.
Find links to all articles covered and the full write-up on Sounds Profitable.
A lot has been said about AI replacing human-made content. This week Tom Webster proposes a person-first future deploying AI-powered tools where they work best: as a support structure.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Edward Fuller writes about how to take full advantage of the podcast-heavy SXSW sessions this year, why NPR's Collin Campbell sees opportunity after a turbulent 2023, marketers are underinvesting in radio brand campaigns, and more.
Find links to everything covered in today's episode, as well as the full write-up, here.
Here's what you need to know from today in the business of podcasting. Spreaker introduces new Supporters Club, Quill publishes 2024 Marketing Trends Report, Spotify embraces French podcasting, Business Insider looks at ad load on video streamers, and Adelicious' Andrew Goldsmith talks about the importance of targeting 50+ demographics.
For links to all stories covered, check out the full writeup on Sounds Profitable.
This week in the business of podcasting we collected all of the revelant news for podcasting in the world of Super Bowl advertising, branded content was on the rise as new ad product growth in 2023, and the subtle key to podcasting's persuasiveness. Find all of the links to articles discussed and original reporting done by The Download in the website version of today's episode, which can be found here.
Here's what you need to know for today in the business of podcasting:
Analysis Shows How Important Digital Audio Is Becoming For Retailers
Pepsi sat out the Super Bowl broadcast this year. Thatâs because it was everywhere else by Alyssa Meyers
Sports Podcasts Have Best Video Opportunity Survey Finds.
The Creator Economy: Boom Not Bust by Ross Adams
âŚas for the rest of the news: a new hub for the next generation of audio journalists in Canada has launched, Veritonic has launched the self-serve Brand Lift Pulse, Audiohook has announced partnership with Sounder to enable episode-level contextual targeting for podcast ads, and AdsWizz has announced the launch of synthetic voice ads on AudioGO.
Here's what you need to know for today in the business of podcasting:
Most B2B content marketers have trouble creating the right content for their audience by Meaghan Yuen
The Value of Measuring the Upper Funnel for Podcast Ads by Paul Riismandel
The Top 50 Podcasts in the U.S. for Q4 2023 from Edison Podcast Metrics
âŚas for the rest of the news: Meghan Markle has signed with Lemonada to distribute the royal coupleâs Archetypes podcast plus develop a new podcast, and Business Insider takes a look into how MrBallen became a true crime podcast empire.
Miles of article inches have been written about podcastingâs persuasiveness, but NPRâs Body Electric takes audience engagement to a new, physical level.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
Podcast Consumers Engage With Social Media And Listen To Episodes Within A Day Of Release by Lauren Vetrano
Most publishers grew their ad offerings last year, with a focus on branded content
Authentic Multicultural Narratives Create True Diversity in Audio Advertising by Antonio Francisco Lewis
Subscriptions, Not an Endangered Species
SiriusXM to Lay Off 160 Employees, About 3% of Workforce
Research Database Snapshot
Here's what you need to know for today in the business of podcasting:
Acast expects short-term impact on listens from Apple update by Ella Sagar
This Yearâs Super Bowl Is All About Reaching Gen Z by Alyssa Boyle
Slate reports best year by Max Tani
Perfection Thwarting Progress: Response to IAB Tech Lab's Missive on Google's Privacy Sandbox By Catherine Perloff
Here's what you need to know for this week in the business of podcasting:
The following stories feature reporting specifically by The Download:
How Much Podcasting Does a 30 Second Super Bowl Spot Buy?
Accreditation for Black-Owned Publishers in Podcasting
The Trade Desk to Lowball SSP Price Floors
Brand Marketing Grows, Performance Shrinks in WARC Data
And also from The Ankler: YouTubeâs Place in Streaming
Quick Hits:
Reintroducing Podcasting by Tom Webster. The upcoming Sound Summit at SXSW, an official day for podcasting, will act as a way for podcasting to re-introduce itself to brands and agencies that mightâve only last encountered podcasting in its adtech infancy.
Spotify Reports Fourth Quarter 2023 Earnings. Paid subscribers are up, raising one million over guidance numbers. The company expects their podcasting arm to turn a profit by the end of the year.
Podcast benchmarking: How did your downloads compare in 2023? By Sharon Taylor. The benchmarks present what count as âgoodâ download numbers for ap podcast, divided into percentiles.
The Art of Podcasting with Joe Rogan and His New Multiyear Spotify Partnership. The Joe Rogan Experience has renewed its contract with Spotify for hosting and distribution, but the former exclusive has now returned to open RSS distribution.
Here's what you need to know for today in the business of podcasting:
The Trade Desk Plans To Lowball SSP Floor Prices
Podcast benchmarking: How did your downloads compare in 2023? By Sharon Taylor
The New York Times expects ad revenue to continue to decline in 2024 by Sara Guaglione
Warner Music to Cut 600 Positions or 10% of Staff by Ashely Carman
Here's what you need to know for today in the business of podcasting:
More than a third of marketers will increase their brand marketing investments this year by Meaghan Yuen
Meet Podcast X-Ray by Dan Misener
Toyota Signs Eli Manning and Brock Purdy as National Partners and Announces Plans for Super Bowl LVIII as The âOfficial Automotive Partner of the NFLâ
AI-powered podcast ad producer AudioStack raises ÂŁ2.5m
If someone peeked into podcasting in the late 2010s, they wouldâve seen an industry in ad tech infancy in comparison to podcastingâs capabilities now. The official Podcasting Sound Summit at SXSW will help re-introduce the industry and show off its new capabilities.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
Netflix's Threat Isn't in Hollywood. It's YouTube by Entertainment Strategy Guy
Hereâs what a $7M, 30-second Super Bowl ad can purchase in digital media in 2024 by Kimeko McCoy
What People Are Doing When They Arenât Listening To Your Podcast by Steven Goldstein
Spotify Reports Fourth Quarter 2023 Earnings
Here's what you need to know for today in the business of podcasting:
Spotifyâs Multiplatform Strategy, Rogan Going Public
WTF is accreditation for Black-owned publications? By Sara Guaglione
AdvertiseCast Marketplace Podcast Advertising Rates
âŚas for the rest of the news: Andrew Goldsmith has been promoted to CEO of Adelicious, BBC Sounds has publisher their Q4 report, and the Hollywood Reporter has published the full list of nominees for the 2024 iHeartRadio Podcast Awards, the winners of which will be announced live at a particularly podcast-heavy SXSW.
Here's what you need to know for this week in the business of podcasting:
Apple Podcasts Debuts Automatic Transcript Generation
Alex Cooperâs âCall Her Daddyâ Podcast Ends Spotify Exclusivity
Lessons From The Brand Podcast Summit
Triton Digitalâs U.S. Podcast Report, 2023
New Direct-to-Consumer Podcast Advertising Report
Quick Hits:
Knowing Half the Battle in Podcasting by Tom Webster. Half the battle of podcasting is keeping up with changes to the audience, and this week Tom looks at the âneglected halfâ of the work.
Wondery Announces Original Podcast Black History, For Real. The new podcast, produced by DCP Entertainment, is a weekly series breaking down the lesser-known events and individuals that have shaped Black culture.
ESPN Podcasts to Air Weekday Afternoons on ESPN2. Five video podcasts produced by ESPN will be aired on their second channel as part of a seasonal content initiative, filling the 2-3PM EST time slot Monday-Friday.
The Free and Open Ad-Supported Internet. A new IAB study that looks into the feelings of internet users when it comes to advertisingâs place online and how it keeps certain sites and services free to use.
Here's what you need to know for today in the business of podcasting:
Alex Cooperâs âCall Her Daddyâ Podcast Is No Longer Exclusive to Spotify by Caitlin Huston
98% of Global Marketers for Direct-to-Consumer Brands Say Podcasts are Effective in Reaching Consumers, Acast Study Finds
RAJAR Data Release, Q4 2023
Still Waiting For That Cookie To Crumble? Weâre In The âIn-Between Years,â Says IAB CEO David Cohen by Sarah Sluis
âŚas for the rest of the news: As for the rest of the news⌠Audacy is set to lay off 25% of employees from Pineapple Street, Digiday shares thoughts from attendees of IAB ALM, and the spring thaw comes early as AdAge covers which agencies might be buying (or bought) after a slow 2023 for M&A.
Here's what you need to know for today in the business of podcasting:
The Free and Open Ad-Supported Internet
Brand Podcast Summit Keeps the Focus on the Audience by Jeff Vidler
In rocky digital advertising landscape, advertisers reconsider direct mail by Kimeko McCoy
Digiday+ Research: Publishers held onto their staff and titles last year, even as traffic fell by Julia Tabisz
âŚas for the rest of the news: SXM Media signs $100+ million three year exclusivity deal with Smartless, Acastâs Megan Davies talks about AIâs role in podcasting, and Triton Digitalâs Sharon Taylor has published predictions for podcastingâs 2024 from nine industry leaders.
With apologies to G.I. Joe, half the battle of podcasting is not the changes in technology, but keeping up with changes to the audience. Tom Webster digs into the âneglected halfâ of the work of podcasting.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
Appleâs New iOS 17 Software Is A Positive Step For Podcast Advertisers And Content Creators John Wordock and Pierre Bouvard
Triton Digital US Podcast Report 2023
Audiobooks Are Booming. Spotify Wants in on the Action by Alexandra Alter
The Results Are In: Hereâs What Americans Streamed in 2023 by John Koblin
Amazon rolls out ads on Prime Video by Jasmine Sheena
âŚas for the rest of the news: Ari Paparo interviews Spotifyâs Per Sandell to discuss the companyâs targeting and adtech, Linkfire announces Engaged Listeners metric for Apple Podcasts, branded podcast production Pop by Pacific Content launches, and MediaPost interviews Ad Results Media's Gretchen Smith about podcast advertising.
Here's what you need to know for today in the business of podcasting:
Transcripts on Apple Podcasts
ESPN Podcasts to Air Weekday Afternoons on ESPN2 Starting January 29 by Alex Feuz
George Carlinâs Estate Sues Podcasters Over A.I. Episode
âŚas for the rest of the news: Amazon dethroned BetterHelp as top podcast spender on Magellan AIâs December tracker, and Wondery debuts a new toy line inspired by Wow in the World.
And Podfront comes to PodMov.
Monday, March 26th, Sounds Profitable has partnered with Podcast Movement to present the inaugural Podfront, an upfront-style event bringing brands and publishers together. Hosted by Tom Webster and Bryan Barletta, the event runs 10:00 a.m. to 3:00 p.m., with food and beverage provided.Whether you represent a brand thatâd like an invite, or a publisher whoâd like to participate, check out the official Podfront page!
Here's what you need to know for this week in the business of podcasting:
Sounder Debuts Open APIs For Transcription
How Podcast Networks Are Testing Out AI
Analysis of 28.5 Million Podcast Reviews on US Apple Podcasts
Not All Video Podcast Ads Are Created Equal
Quick Hits:
The âWhyâ of Your Podcast by Tom Webster. This week Tom shares an excerpt from his upcoming book, focusing on figuring out the all-important detail of why someone listens to a podcast.
Paramount Wonât Return to TVâs Upfront Week in New York by Brian Steinberg. Despite CBS usually being a big-ticket player in flashy New York upfronts, Paramount Global is taking this year to focus on intimate in-person meetings with select advertisers.
SCOOP: Are awards worth it for Canadian podcasts? by Kattie Laur. A deep dive into confusion and controversy surrounding last yearâs Signal awards.
Brands Are Getting Shy On DEI, But Reaching Diverse Audiences Is Still Good Business by Anthony Vargas. Minority-owned publishers have a big hurdle to overcome, as despite regularly providing higher ROI than more generic competitors, buyers arenât finding their inventory in the first place.
Manifest Media Announces Strategic Partnership with Realm to Expand its Creative Influence in Podcasting. The collaboration aims to bring Manifestâs catalog of new and upcoming audio fiction to Realmâs platform.
Ossa Announces 2nd Event In 10-Part Series On Creators and Podcast Advertising Partners. The session will focus on where to find podcast hosting services and tips on evaluating the best one for a given podcasterâs needs.
Here's what you need to know for today in the business of podcasting:
Unlocking the Value of Audio Content: Why Open APIs Are a Game-Changer (featuring Bryan Barletta, Partner at Sounds Profitable)
The âWhyâ of Your Podcast by Tom Webster
More gambling ad spend goes to TV than all other formats combined by Sara Lebow
NPR names tech executive Katherine Maher to lead in turbulent era by David Folkenflik
âŚas for the rest of the news: Audacy projects ambitious revenue growth in streaming and podcasting for the year, and Paramount announces Jon Stewart will return as executive producer and Monday host of The Daily Show.
Here's what you need to know for today in the business of podcasting:
Most streaming music tracks do not reach monetisation threshold by Ella Sagar
Brands Are Getting Shy On DEI, But Reaching Diverse Audiences Is Still Good Business by Anthony Vargas
Why Personalized Ads Go Wrong And How To Do Them Right by Hana Yoo
âŚas for the rest of the news: Magellan has published their rankings of top podcast advertisers for December 2023, Brian Morrissey reflects on what media publishing might look like if the current billionaire-supported model falls apart, and Sounder has a free live webinar next Tuesday with Bryan Barletta on open APIs.
Since the beginning of podcasting, people have yearned to know exactly why someone does or does not listen to their podcast. Tom Webster reflects on what answering a âwhyâ can uncover.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
How podcast networks are testing AI tools for faster translation, ad sales by Sara Guaglione
I analyzed 28.5 million Apple Podcasts star ratings by Dan Misener
Paramount Wonât Return to TVâs Upfront Week in New York by Brian Steinberg
Are awards worth it for Canadian podcasts? By Kattie Laur
LUMA: 2024 Will Be Better For M&A (No, Seriously This Time) by Allison Schiff
Sound will no longer be an afterthought
Here's what you need to know for today in the business of podcasting:
Not All Podcast Ads are Created Equal. Here's Why by Kedric Walls
Sports has a Gen Z problem
Are Podcasts Cool (Again)?
Hot Pod Interviews NPC Podcast Chief Collin Campbell
âŚas for the rest of the news: amplifiâs Steven Goldstein writes The Truth About Podcastingâs Measurement Makeover, PodBeanâs final free live event of âPodcast Launch Monthâ is this Thursday, and healthcare is projected to invest over $36 billion in U.S. advertising this year (which podcasting could get a cut of).
Here's what you need to know from this week in the business of podcasting.
Podcast Download: Disconnect Between Ad Creative and Audience Expectations
TikTok on Skippable Ads, Becoming Search Destination
Communication is Key in Podcasting
Podcasting Grows at SXSW
Quick Hits
While they may not be top story material, the articles below from this week are definitely worth your time:
* The 25th Hour by Tom Webster. This week in the Sounds Profitable newsletter, Tom explains how Duolingo, rocks, and sand can help podcasting reach potential listeners who feel they donât have enough time for podcasts.
* Podcasting Pioneer Shares His 3 Biggest Tips for Success . This week on How Success Happens, Bryan Barletta joins to discuss how companies can set themselves up for success when dipping their toes into podcasting.
* Australians downloaded more than 1 billion podcasts in 2023. According to the December Australian Podcast Ranker from Triton Digital and Commercial Radio & Audio, Australia's top 200 Australian podcasts were downloaded more than a billion times last year, representing a 26% year over year increase.
* Can programmatic help podcasts find the money? By Damian Fowler. Programmatic advertising made up 1 in 10 revenue ad dollars for podcasting last year, while forms of other digital media had 9 out of 10 come from programmatic. This piece looks at ways programmatic could have a path forward in increasing its growth rate with podcasts.
* Flightpath Premieres First-of-its-Kind Campaign Prediction One Year Into the Future. Flightpathâs new availability engine aims to elevate transparency and control, as well as allow advertisers and creators to plan up to a year in the future with confidence.
* ALIVE Podcast Network and Barometer Partner to Drive Equitable Monetization for Black Creators and Media Owners. The new partnership between ALIVE Podcast Network and Barometer aims to challenge historical disenfranchisement faced by creators of diverse backgrounds.
Here's what you need to know for today in the business of podcasting:
The 25th Hour by Tom Webster
Podcasts are key tool for TV discovery, research shows by Adam Shepherd
Amy Poehler to Keynote at Podcast Movement Evolutions
TikTok gains favor among Gen Z over Google for searches by Jeremy Goldman
Daily Beast Podcast Secretly Records Paul F. Tompkins, Reframes Discussion
âŚas for the rest of the news: WARC Media predicts global ad spend will break $1 trillion this year, Marketing Brew gives a âway too earlyâ look at cookie-less internet browsing, and ExchangeWire asks several experts for their predictions on podcasting and digital audio this year.
Here's what you need to know for today in the business of podcasting:
Podcast Ad Creative Disconnect Revealed In Cumulus Media And Signal Hill Insightsâ Podcast Download by Pierre Bouvard
Australians downloaded more than 1 billion podcasts in 2023
Can programmatic help podcasts find the money? by Damian Fowler
âŚas for the rest of the news: Headliner reflects on 2023âs statistics and feature launches, Signal Hill Insights discusses how YouTube and video will grow podcasting this year, and Bryan Barletta appears on Entrepreneurâs podcast How Success Happens to talk about setting companies up for success in podcasting.
Tom Webster explains what rocks, sand, and Duolingo can teach podcasting in how we frame listening statistics and audience behavior.
* Written by Tom Webster
* Edited by Bryan Barletta
* Audio edited by Gavin Gaddis
* Hosted by Spreaker
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
The incredible shrinking podcast industry by Max Tani
TikTok reports non-skippable video ads may harm engagement by Nicola Agius
How children's privacy laws complicate connected TV tracking practices by Tim Peterson
S&P says advertisers have resumed spending
iHeartMedia Announces Return of âThe iHeartPodcast Awardsâ with Live Event in Partnership with SXSW on March 11, 2024
âŚas for the rest of the news: PodPod reports Audioboom has hit 35% year-over-year revenue growth, Flightpath premiers campaign predictions that can project one year into the future, Magellan AI adds attention metrics with Adelaide, and Pushkin appoints Gretta Cohn as CEO.
Here's what you need to know for this week in the business of podcasting: Podcast Acquisitions & Investments - 2023 Industry RecapSXM Mediaâs Digital Audio Research RecapYouTube Launches RSS Feed IngestionBranded Music and AuthenticityQuick Hits: 5 Strategies For Podcast Expansion In A Zero-Sum Audio World by Steven Goldstein. Recent Edison Research data shows daily time spent listening to audio content has remained stable for a decade. Goldstein discusses strategies for podcasting to grow in a world where a listenerâs time is largely already accounted for.iOS 17 by Pete Birsinger. The Podscribe CEO has written an explainer on how iOS17 changed auto-downloading behavior and how it will likely impact campaign performance for podcasts. For more reading on the subject, we recommend Livewire Labsâ regularly-updated data on download performance since iOS 17âs release.Content Mood Targeting from SXM Media. Publishers working with SXM can target music-listening audiences based on the mood assigned to millions of songs in a growing library of cateogorized music, as well as submit their own music to be assigned mood tags.The Untapped Potential of Audio in Retail Media Networks by Joshua Yamuder. Triton Digitalâs Director of Partnerships and Programmatic Marketplace promotes digital audio as a must-have inclusion for retail media networks looking to diversify their marketing mix.Since the last issue of The Download there have been two podcasting bankruptcies of note: Audacy and Voxalyze
Here's what you need to know for today in the business of podcasting:Podcast Acquisitions & Investments - 2023 Industry Recap by Bryan Barletta
Ambassador Ads are going away.
The Untapped Potential of Audio in Retail Media Networks by Joshua Yamuder
If music marketing is a gateway to culture, brands must navigate carefully, execs say
âŚas for the rest of the news: The recently-canceled podcast Death, Sex & Money from WNYC has been revived by Slate, and if youâre interested in more coverage of marketers seeking authenticity in their campaigns: check out Digidayâs piece on brands shifting their approach to influencers.
Here's what you need to know for today in the business of podcasting:
YouTube officially allows creators to publish podcasts via RSS feeds by Reem Makari
After a tough year, podcast execs say 2024 will bring in new advertisers amid stiff competition for listeners by Sara Guaglione
Libsyn CPMs down 6% for 2023 by Adam Shepherd
Can Programmatic Audio Rise In The Charts In 2024? by Hana Yoo
âŚas for the rest of the news: Lower Street has announced their speaker lineup for a free brand podcast summit on January 24th, Adam Bowie looks at Edisonâs top 25 podcasts in the UK from Q3 2023, and AdExchanger looks at programmatic CTVâs expected evolution for the year.
Here's what you need to know for today in the business of podcasting:
Sounder Analysis: NPR's News Podcasts Significantly Safer for Brands than General Population of News Podcasting
Content Mood Targeting
5 Strategies For Podcast Expansion In A Zero-Sum Audio World by Steven Goldstein
How Will Contextual Advertising Fare When The FTC Revises Its COPPA Rule? by Allison Schiff
âŚas for the rest of the news: iHeartmedia and Magnite join forces to launch a new marketplace, AdLarge signs exclusive sales partnership with Fable & Folly, Audacy files for bankruptcy, USG Audio scales back Universalâs podcast development, and Voxalyze announces a shutdown of their services due to lack of investment.
Here's what you need to know for today in the business of podcasting: Streaming audio twice as âauthenticâ than TV for advertisers. Podcasts? Nine times. by Brad HilliOS 17, a writeup by Pete BirsingerWhy Gen Zâs biggest podcasters are working from bed by Lilly SmithThe 5 trends that will shape sports marketing in 2024 by Alyssa MeyersMusic streaming service SoundCloud tunes up for sale by Mark KleinmanâŚas for the rest of the news: Signal Hill Insights shares three potential game-changers from their 2023 research, Cumulus Media signs a deal with BiggerPockets, and iHeartMedia is launching a politically-focused podcast network.
Here's what you need to know for today in the business of podcasting: Disney nearly sold out Christmas sports ad space in early December.Simplecast Announces YouTube IntegrationSmartLess Proved Celeb Podcasts Can Mean BusinessYouTube Postpones Co-Viewing Measurement PlanQuick Hits: What marketers need to learn from breakthrough brand IP like Barbie, Nike, Super Mario Bros. for 2024 by Kristina Monllos. Digiday interviews several people in the advertising industry to get their take on the near-future of branded content in a post-Barbie world.Here's What's Missing From Netflix's Data Dump, According to Ad Experts by Bill Bradley. While the new What We Watched report from Netflix has some useful data covering the past six months, ad buyers would prefer smaller, more frequent batches of data with more targetable information than one giant batch every six months.The Crucial Timing of Ads. RedCircle sketches out the ebb and flow of ad spending throughout a typical year to give podcasters an idea of what strategies they should pursue in the early months, the summer, and the busy holiday season at the end of the year. What Worked in 2023: Brands in Podcasting by Annalise Nielsen. Pacific Content interviews several industry professionals to talk about valuable lessons learned in branded podcasting this year.
Here's what you need to know for today in the business of podcasting:Simplecast adds YouTube integration for automatic uploads by Adam ShepherdWhat marketers need to learn from breakthrough brand IP like Barbie, Nike, Super Mario Bros. for 2024 by Kristina MonllosHere's What's Missing From Netflix's Data Dump, According to Ad Experts by Bill BradleyâŚas for the rest of the news: Podimo has secured âŹ44 million in combined funding, and eMarketer finds most TV and video ad buyers require at least three(!) forms of data currency.
Here's what you need to know for today in the business of podcasting: Welcome to the ad-free internetSpotify's Push Into Audiobooks Sparks Concern Among Authors by Ashley CarmanThe Crucial Timing of AdsMedia Buying Briefing: Here are five media agency trends to watch in 2024 by Antoinette Siu and Michael BĂźrgi âŚas for the rest of the news: Rain News shares the audio-related highlights from Nieman Labsâ 2024 predictions, and Marketing Brew covers how Agencies of Record could become a thing of the past.
Here's what you need to know for today in the business of podcasting: IAB Releases First-of-Its-Kind Research Report on the Creator Economy Advertising OpportunityWhat Worked in 2023: Brands in Podcasting by Annalise NielsenYouTube postpones co-viewing measurement plan by Tim PetersonAd Trends In 2024: Digital Deceleration, AI Rising, More Ad-Supported StreamingâŚas for the rest of the news: Tink Media has launched Podcast Group Therapy to offer podcast marketing strategies in tight-knit online sessions capped at 10 participants, new Association of Online Publishers report shows subscription revenues are beginning growth to a flat digital publishing market in the UK, and Magellan AI publishes their top movers and shakers in podcast advertising for November.
Here's what you need to know for today in the business of podcasting: Disney is almost sold out of Christmas NFL, NBA, and Rose Bowl ad inventory by Alyssa MeyersMailchimp cancels podcast after refusing to work with union producers by Ariel ShapiroHow Will Arnett, Jason Bateman and Sean Hayesâ âSmartlessâ Proved Podcasts Can Mean Big Business by Addie MorfootBehind the scenes of SiriusXMâs rebrand by Alyssa MeyersâŚas for the rest of the news: Podnews has launched a fun tool to find which Netflix series has similar performance to your podcastâs based on recently-published Netflix watch data, and IAB Australia has announced the 2024 IAB Australia Audio Summits sessions.
Here's what you need to know for this week in the business of podcasting: Sound You Can See: Podcastingâs Video DilemmaEdison Research, Cumulus Media publish Q3 Share of Ear StudySpotify Inks Podcast Deal With Warner Bros. Discovery for CNN, HBO and More Shows by Caitlin HustonTeens social media platform choices are shifting.
Here's what you need to know for today in the business of podcasting: Sound You Can See: Podcastingâs Video Dilemma49% of global marketers predict increase in podcast ad spending by Adam ShepherdAudio Is One Of Agency Giant WPPâs Top 10 Trends For 2024.Realm inks deal with Adelicious
Sound You Can See, our latest research on the role of video in podcasting, presents a compelling picture of a single audience, choosing audio or video depending on their mood and environment. Tom Webster breaks down the ten things you need to know from this important study.Sound You Can See Webinar* Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: TikTok Sunsets Podcast FeatureTeens are more online than ever, but platform preferences differ: report by Jasmine SheenaPodcasters & Advertisers: Meet Your New Audience by Paul RiismandelThe Specialist DSPs Giving Omnichannel Giants A Run For Their Money By James HercherâŚas for the rest of the news: McDonaldâs has committed to supporting diverse podcasting for another two years, and Brian Morrissey discusses podcasts as ânuance mediaâ on The Rebooting Show.
Here's what you need to know for today in the business of podcasting: Edison Q3 2023 âShare Of Earâ: AM/FM In-Car Listening Surges To Pre-Pandemic Norms, Spoken Word Grows To Highest Level, And Pandora and Spotify Are Down by Pierre BouvardSpotify Inks Podcast Deal With Warner Bros. Discovery for CNN, HBO and More Shows by Caitlin HustonTikTok, gaming, and AI will define the advertising landscape in 2024, report says
Here's what you need to know for today in the business of podcasting. People are watching longer TikToks. What does that mean for competition with YouTube? by Sara LebowA look at holding company 2024 ad spending forecasts by Antoinette SiuFrom Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money by Erin GriffithWhat creator Anna Kai looks for in a brand partner by Katie HicksâŚas for the rest of the news: Livewire has published an update to their tracking of iOS 17 auto-download changes in Apple Podcasts, and Spotifyâs CFO Paul Vogel is now slated to leave the company in March (a decision made shortly after Vogel sold over $9 million in Spotify shares on the same day as the layoff news last week).
Here's what you need to know from this week in the business of podcasting: The Fastest Growing Languages in PodcastingPodcast Download Fall 2023, Cumulus Media and Signal Hill InsightsSpotify Announces LayoffsANA Study Finds Nearly 2/3rds of Ad Dollars Never Reach Intended AudiencesQuick Hits: The Partial Attention Economy of Video Podcasting by Tom Webster. Surveyed podcast audiences say theyâre media-agnostic when it comes to how and where they consume podcasts. Tom examines what this means for podcasting. Speaking of video and podcasting, donât forget to register for Sound You Can See: Podcastingâs Video Dilemma, which debuts in a free webinar at 2:00 p.m. CST on Wednesday, December 13th. Libsyn Unveils November 2023 Podcast Advertising Rates, and 5 Developments to Watch in 2024. Along with the latest AdvertiseCast average CPM for a 60 second podcast ad, CRO Dave Hanley shares five things to keep an eye on next year. Deloitte: Audio Market to Surpass $75 billion in 2024. In addition to the overall number for audio advertising, Deloitte predicts podcasting has a fair amount of untapped potential for per-user revenue growth. Podcasts arenât as doomed as they look. But some of the best ones are by Scott Nover. A look at the last year for Spotify, as well as big-picture reflection on the issues facing more cost-intensive journalistic and investigative podcasts.Podcast Companies Begin to Advertise Like Hollywood Studios by Katie Deighton. Wondery is taking a page out of the Hollywood playbook, promoting the new Grinch podcast with a pop-up event in a Los Angeles mall.
What Are the Fastest-Growing Podcast Languages? by Becca ButcherâWe have to test or youâre dead next yearâ: Overheard at the Digiday Programmatic Marketing Summit by Kayleigh BarberPodcasts aren't as doomed as they look. But some of the best ones are by Scott NoverOnly around a third of ad dollars reach âintended audiences,â ANA finds by Ryan BarwickâŚas for the rest of the news: Tidal announces a layoff of 10% of its staff, and more Digiday coverage of the Programmatic Marketing Summit in which a panelist breaks down integrating programmatic tracking into the creator economy.
When asked if they listen to full podcast episodes, watch full episodes, or watch clips, audiences surveyed gave a resounding âyes.â Tom Webster breaks down what that means for podcasting and how we should act on it.* Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Spotify Cuts 1,500 Jobs, CEO Ek Says Streamer Must Be Leaner by Lucas ShawDeloitte: Audio Market To Surpass $75 Billion In 2024.Libsyn Unveils November 2023 Podcast Advertising Rates, and 5 Developments to Watch in 2024âŚas for the rest of the news: NPR hires former Gimlet executive editor Collin Cambell to oversee podcast strategy, PodPod reports the BBC is investing more in podcasting as part of a digital pivot, Marketing Brew examines why advertisers are excited about attention metrics, and Horizon Media has outlined 10 Gen Z subcultures for marketers to think about when targeting campaigns.
Here's what you need to know from this week in the business of podcasting: RAJAR: UK Podcast Weekly Reach Has Doubled Since 2017Ad Revenue Growing Faster Than ExpectedPodcast Guesting Drives Defector SubscriptionsBranded Podcast Enables Better Coverage, Connection With FansQuick Hits:Putting Success In Your Way With Video by Tom Webster. With the growth of video podcasting, itâs time to re-examine how podcasting thinks about audiences watching podcasts instead of listening. Tom Webster breaks down the differences, and how the two arenât mutually exclusive.Age of Audio: A Tale of Modern Audio Storytelling. Podcast producer Ronald Young Jr. has published a trailer and IndieGoGo campaign to fund the completion of a documentary about the evolution of narrative audio in podcasting, featuring interviews with notable podcasters like Ira Glass, Avery Trufelman, and our very own Tom Webster. How audience-first creative is amplifying audio and video campaigns for 2024 by Alex Donics. Spotifyâs global director of demand marketing talks through the power of effective advertising and highlights the key ingredient of a well-produced, authentic ad creative. Realm & IGN Strike Podcast Deal Including Scripted Adaptation Of Justin Roiland Videogame âHigh On Lifeâ From Squanch Games by Peter White. Audio fiction production company Realm has signed a deal with IGN to produce podcasts based on video game IP. Given the size and connections of IGN, this could lead to a whole new niche of licensed audio fiction based on video games. New Podcast Audience Profiles Now Available for Publishers in the Australian Podcast Ranker. Triton Digital and Commercial Radio & Audio have announced new podcast audience profiles are now available with the launch of Podcast Metrics Demos+
Here's what you need to know for today in the business of podcasting: Strong online sales show Black Friday was an âomnichannel eventâ by Alex VuocoloAd revenue is growing faster than expected, per analyst by Ryan BarwickDigiday+ Research: Publishersâ programmatic revenue didnât shake out the way theyâd hoped, but itâs still a bright spot How audience-first creative is amplifying audio and video campaigns for 2024 by Alex DonicsâŚas for the rest of the news: The trailer and IndieGoGo campaign for Age of Audio: A Tale of Modern Audio Storytelling are now live (spoiler alert: Sounds Profitableâs own Tom Webster makes an appearance), Magellan AI has published their October 2023 top movers and shakers in podcast advertising, and AdExchanger proposes programmatic CTV is in its âconsolidation phaseâ (a phase podcasting has already experienced and matured from).
Here's what you need to know for today in the business of podcasting: Podcastingâs Multiplatform Imperative by Steven GoldsteinInnovid study examines impact of measurement and optimization gaps across CTV campaigns by Antoinette SiuGoogleâs Search Partner network comes under fire in research underlining brand safety vulnerabilities by Ronan ShieldsWhy Chiliâs brought back its baby back ribs jingle by Alyssa MeyersâŚas for the rest of the news: MediaPost reports the ad market has grown for its fourth consecutive quarter, the 2023 edition of Spotify Wrapped is here, Signal Hill Insightsâ Jeff Vidler discusses what makes podcasts a unique ad medium, and weâve got a bushel of Apple charts: Podnews has aggregated the top Apple Podcasts show around the world, and Adam Bowie breaks down the U.S. top Apple chart to compare it to similar rankings from other sources.
With the growth of video podcasting, itâs time to re-examine how podcasting thinks about audiences watching podcasts instead of listening. Tom Webster breaks down the differences, and how the two arenât mutually exclusive.* Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Auddia Announces Intent to Strip Ads From PodcastsDigital audio ad spend in Australia up 16.2% September quarter 2023Realm & IGN Strike Podcast Deal Including Scripted Adaptation Of Justin Roiland Videogame âHigh On Lifeâ From Squanch Games by Peter WhiteâŚas for the rest of the news: Apple shares the most popular podcasts of the year, and Adam Bowie takes a look at the RAJAR Midas report.
Here's what you need to know for today in the business of podcasting: Rajar Midas: podcasts double weekly reach in six years by Ella SagarThe shifts that will impact 2024âs video ad landscape by Jennifer KingDefector Annual Report, September 2022 â August 2023How Trader Joeâs, Erewhon, and H-E-B, have cultivated a cult following Women more disengaged with news than menâŚas for the rest of the news: The Podcast Show 2024 is now accepting session and speaker submissions until Friday, December 8th (and in case you were wondering: Sounds Profitable will be in attendance), Livewire Labs has published an in-depth analysis of the impact of auto-download changes to Apple Podcast in iOS 17, and AdNews interviews Spotifyâs head of sales for Australia and New Zealand.
Here's what you need to know for today in the business of podcasting: A secret Google deal let Spotify completely bypass Androidâs app store fees by Adi Robertson and Sean HollisterBrand safety concerns mount as X (formerly Twitter) pulls out of MRC audit by Krystal ScanlonNewsGuardâs Whitelist Of Ukrainian Publishers Aims To Combat Wartime Misinformation by Anthony VargasRoku And Unity Want To Prove CTV Is A Performance Channel by Alyssa BoyleWorking From Home Spurs Ad Block Rates to Rise by Trishla OstwalâŚas for the rest of the news: SiriusXM Media SVP and Head of Ad Innovation Lizzie Widhelm is on the latest Digiday Podcast, and PodPod has signed Spotify as a headline partner for their Podcast Advertising Summit, set to take place in London on January 25th.
Here's what you need to know for today in the business of podcasting:Forecast: Double-Digit Online Ad Growth For Both 2023 And 2024.Spotify Audience Network expands to five new global markets by Reem MakariSystem1: New Study Reveals How Audio Personalities Drive Advertising Effectiveness by Pierre BouvardAmazon joins pack offering deals a week ahead of Black Friday by Alex VuocoloCost of living is squeezing the entertainment budgets of AustraliansâŚas for the rest of the news: JAR Audio breaks down why podcasts should be guided by engagement instead of conversions, SoundCast is deepening ties between audio and mobile gaming advertising, and Pew Research Center finds Americans favor digital for news while print is at an all-time low.
Here's what you need to know from this week in the business of podcasting: The Spoken Word Audio Report 2023YouTube Debuts New AI Content PoliciesSaving TikTok Songs to Spotify With New IntegrationAd Engagement Declines With Lack of RepresentationQuick Hits:* Spotifyâs podcast and audiobook discovery will get a boost from Google Cloudâs AI by Amrita Khalid. Google Cloudâs Large Language Models will be used to scan all podcasts and audiobooks on Spotify to improve metadata and discoverability. * Podcasting Lessons From Dogs by Tom Webster. This week Tom reflects on why podcasts with multiple hosts need an Abbot to their Costello. A traffic cop to direct the flow of conversation when need be. * How I got 10x YouTube subscribers by adding video to my podcast by Ashley Hamer. A step-by-step account of Hamer adding video production to her existing podcast Taboo Science and how optimizing her YouTube channel boosted YouTube algorithm attention. * Sound You Can See: Podcastingâs Video Dilemma. On Wednesday, December 13th, Sounds Profitable will debut their latest study, which dives into consumer perceptions of podcasts on video and how they continue to drive the future of this medium. * Global signs exclusive podcast distribution and licensing deal with iHeartMedia by Reem Makari. iHeartMedia podcasts will be distributed on the Global Media app in the UK and Ireland, while Global podcasts will be distributed in the U.S. on iHeartRadioâs app, along with iHeartMedia monetization. * Triton Podcast Ranker: October 2023. 48 Hours climbs two spots to enter the top 10 in 9th place, pushing Conan Needs a Friend down to #10.
Here's what you need to know for today in the business of podcasting:Spotifyâs podcast and audiobook discovery will get a boost from Google Cloudâs AI by Amrita KhalidYouTube intros new AI governance policies. AI helps enforce them by Brad HillThe case for and against brand safety by Seb Joseph and Krystal ScanlonDefining Premium Video - How VAB and Comcastâs FreeWheel are Trying to Settle TV Industry Debate by Jack NeffâŚas for the rest of the news: PodPod covers how to hit the mark with GenZ podcast listeners, and Tritonâs newest batch of podcast rankers have arrived, including Australiaâs top 100 showing Hamish & Andy has held its #1 spot for six months running.
What is the âfuture of audio business?âToday on the podcast, weâre excited to feature Bryan Barlettaâs recent guest interview on Podcast Perspectives, the weekly show produced by our friends at The Podglomerate (the podcast firm specialized in producing, distributing, and monetizing podcasts for high-profile clients including Freakonomics Radio, PBS, NPR stations, Harvard Business School, and more). Podcast Perspectives brings on audio leaders and industry executives to walk through the biggest news of the day and to go deep on topics that podcasters need to know - like IP and rights issues, ad tech, podcastingâs role in media at-large, and more. Listen to more episodes of Podcast Perspectives and follow the podcast:https://listen.podglomerate.com/show/podcast-perspectives/
Here's what you need to know for today in the business of podcasting: Acast Inks Global Partnership with Proximic by Comscore for Cookie-Free Podcast Targeting Across More than 100,000 PodcastsLack of representation in ads causes disengagement in majority of UK audienceWhy Advertisers Should Care About Hitting The Right Note With Hispanic AudiencesGlobal signs exclusive podcast distribution and licensing deal with iHeartMedia
Here's what you need to know for today in the business of podcasting: 2023 Podcast Trends Report from Megaphone and SpotifyLess Is More: Reduce Audio Ad Copy Word Count And Improve Effectiveness, According To Colourtextâs Jason Brownlee by Pierre BouvardYou Can Now Easily Save Songs to Spotify From TikTok With a Simple TapHow Agencies are Adapting to Marketersâ Increased Focus on the Creator Economy by Aleda Stam and Brian BonillaAs for the rest of the news⌠Advertisers are finding broken links to dead channels in their YouTube Select reports, and SXM has launched a rebrand with fresh new visuals and the return of its long-absent dog mascot Stella
Here's what you need to know for today in the business of podcasting: Spoken word audio report (NPR / Edison Research): Record high consumption; podcast share growing; AM/FM unbeatable in the car by Brad HillAs the strikes end and Hollywood gets back to business, what happens next for advertisers and ad buyers? by Kristina MonllosAmericans to brands: look inward before weighing in on politics by Alyssa MeyersHow I got 10x YouTube subscribers by adding video to my podcast by Ashley HamerâŚas for the rest of the news: SoundStack hires digital audio vet Michael Fischer, the nomination deadline for The Ambies is November 17th, Spooler has launched a map tool allowing podcasters to mark locations mentioned in a podcast on an embeddable map, The Podcast Marketing Academy has published a new marketing trends report, Spotify has revamped their connected TV app with more features and a UI similar to the desktop and mobile versions.
Here's what you need to know from this week in the business of podcasting: Study Looks into Podcast Listenerâs Consumer VerticalsSuper Bowl 54 Ad Space is Hot, As Are Sports Podcastsebiquity: 60% of Brands to Increase 2024 Ad BudgetsQ3 Podcast Earnings RoundupQuick HitsWhile they may not be top story material, the articles below from this week are definitely worth your time:* Making The Case for Podcasting by Tom Webster. Tom tackles the ever-present problem of making an appealing pitch for podcasts to non-listeners. * Integration Powerhouse: Podbean and Descript Simplify Podcast Publishing. Next Thursday, November 16th, Podbean and Descript will host a free hour-long webinar. * Podcasters Can Better Connect to Their Audiences With the Insights From Our Latest Fan Study. The study includes findings about the busiest time of day for podcast listening, and the efficacy of cross-podcast promotion. * Adaptive Podcasting - open source release. The BBCâs Research and Development has published research and an open-source tool investigating the concept of dynamically-built podcast episodes based on listener data.
Here's what you need to know for today in the business of podcasting: SiriusXM Lowers Price, Reboots to Take on Streaming Music Rivals With âHuman-Curatedâ Focus by Alex WeprinMedia Briefing: In 2024, publishers and buyers say events and niche media will win ad dollars over scale by Kayleigh BarberPodcasters Can Better Connect to Their Audiences With the Insights From Our Latest Fan StudyâŚas for the rest of the news: Veritone has posted their Q3 results, and Insider breaks down the difference between brand safety and brand suitability.
Here's what you need to know for today in the business of podcasting: 200,000+ Audiobooks Are Now Available to Spotify Premium Listeners in the U.S.Branding Investment in Podcasting Doubles, Magnifying Focus on Brand LiftSixty percent of major brands plan to increase their ad budgets in 2024, new research showsTwilight of the brands by Brian Morrissey
Tom Webster tackles the ever-present problem of making an appealing pitch for podcasts to non-listeners.* Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.Summary
Here's what you need to know for today in the business of podcasting: What types of podcast listeners are which types of consumers? By Brad HillAcastâs US bet pays off with 55% net sales growth in North America by Reem MakariConsumer attention and ad spend are mismatched. Where does that leave advertisers? By Sara LebowThe Top 50 Podcasts in the U.S. Q3 2023 from Edison Podcast MetricsBrands Still Test Interactive Voice Ads Years After Launch by Stephen LepitakâŚas for the rest of the news: BBC Studios grows its audio unit, The Hollywood Reporter covers a big investment in athlete-hosted video podcasts, and Succession takes home top podcast at the AdWeek Podcast Awards.
Here's what you need to know for today in the business of podcasting: CBS is âvirtually sold outâ of ad slots for Super Bowl 58 by Alyssa MeyersAdaptive Podcasting - open source release from BBC Research & Development?LeVar Burton Wants to Be Heard by Laurel GraeberâŚas for the rest of the news: Attention vendors are trying to bring measurement tools currently available in other fields (like podcasting) to YouTube, and continuing the theme of major news sources covering podcasts: a recent Washington Post article on Julia Louis-Dreyfus heavily sources her Lemonada podcast Wiser Than Me.
Here's what you need to know from this week in the business of podcasting:Amazon launches interactive audio adsConsumer Shopping Habits Forecast 2019 NumbersMarketers to spend holiday budgets (mostly) in NovemberThe Implications of Spotifyâs Audiobook RevampQuick HitsSounds Profitable launches branded podcast directory in partnership with Lower Street by Reem Makari. As announced in Bryan Barlettaâs article on Wednesday, Sounds Profitable has partnered with branded podcast production company Lower Street to create Brands in Podcasts, a public directory for branded audio.Are my podcast downloads declining because of iOS 17? by Dan Misener. A breakdown of how to answer three important questions about the health of oneâs Apple Podcasts audience and how to track it as wider iOS17 adoption changes auto-download behaviors.The Jar Audio Podcast Landscape featuring Sounds Profitable Research. JAR Audio breaks down key findings from the Sounds Profitable study The Podcast Landscape, which took a look at how listener perceptions of podcasting. The JAR breakdown looks at the study from the perspective of a marketer working with branded podcasts. Digiday Programmatic Selling Strategies: Navigating identity, deals and making the most of CTV and video. Thursday, November 16th, Digiday Editor-in-Chief Jim Cooper will host a virtual forum with marketing experts to discuss programmatic campaign strategies for 2024. The forum is produced in partnership with U of Digital and registration is free.Startup Series: Introduction to Podcast Advertising by Ossa Collective. On Wednesday, November 8th at 2:00 p.m. CST OSSA will host a live virtual event kicking off their ten-part series demystifying the world of podcast advertising.
Here's what you need to know for today in the business of podcasting: Sounds Profitable launches branded podcast directory in partnership with Lower Street by Reem MakariMarketers to spend most of holiday budgets in November: report by Alyssa MeyersIP addresses may not be the post-cookie data solution adtech wanted by Ryan Barwick âŚas for the rest of the news: Forrester Research finds CMOs are far less dour about Q4 than they were last year, Audioboom celebrates breaking one billion advertising impressions, and Tenderfoot TV acquires production company Resonate, the company behind the hit podcast Up and Vanished.
Here's what you need to know for today in the business of podcasting: BetterHelp And Amazon Lead Monthly Ranking Of Top Podcast Advertisers. [Source]Radio beats TV: Audacy describes an audio blueprint for advertisers by Brad Hill [Source]BBC Sounds Quarter 3 2023 [Source]How podcast networks use existing feeds to improve engagement and discoverability for new shows by Sara Guaglione [Source]âŚas for the rest of the news: AdvertiseCast has published their average cost-per-thousand impressions for a sixty second podcast ad in October, and MarketingBrew covers the various Halloweeny activities advertisers got up to last month.
How big is the branded audio space? Whatâs the best way to find the top production companies, the brands they represent, and what categories are gaining the most traction in the branded podcast space? Brands in Audio.* Written by Bryan Barletta * Edited by Tom Webster * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Gen Zers can recognize brands based solely on âsonic memes,â report says by Alyssa MeyersAre my podcast downloads declining because of iOS 17? by Dan MisenerThe Smartest Decision Spotify Has Made In Years by Eric NuzumFor all its gains, podcasting still in early catch-up (IAB part 2) by Brad HillAs for the rest of the news⌠Digiday covers why Cirque du Soleil is leaning into influencer marketing (including a branded podcast from JAR Audio), a new forecast predicts TV ad viewership could fall 24% by 2027, and The New York Timesâ Joy Robins appears on the Digiday podcast to discuss ad business, including the NYT returning to programmatic now that the industry has matured and given the company renewed confidence in the tools.
Here's what you need to know for today in the business of podcasting: Amazon launches interactive audio ads on both ad-supported Amazon Music and Amazon Publisher Direct on Alexa in the U.S. [Source]Consumers are celebrating (and shopping for) the holidays like its 2019 by Alyssa Meyers [Source]Ad-tech firms and political agencies prepare for another year of spending heavily on CTV by Marty Swant [Source]The JAR Audio Podcast Landscape featuring Sounds Profitable Research by Roger Nairn and Laurissa Cebryk [Source]Digiday Programmatic Selling Strategies: Navigating identity, deals and making the most of CTV and video [Source]
Here's what you need to know for this week in the business of podcasting:Less is More: ARMâs Podcast Ad Break StudyBrand Safety, Programmatic Growth, and DAI Dominance in IAB ReportWondery Podcasts to Air on CTV ChannelsNetflix Lightens Ad LoadQuick Hits: * How Branded Podcasts Might Be One Key To New Listeners by Tom Webster. The potential reach for podcasts about favorite brands is about 106 million Americans 18+, according to The Power of Brands in Podcasts: A Podcast Landscape Study. * Good Tape, Issue 1 now available. The first issue of a new print industry magazine featuring journalism and cultural criticism of podcasting is now available for order. Readers of The Download can get 10% off with promo code SP10. * Archives to Earbuds: Podcasts for Cultural Institutions. This coming Monday, Jessica Alpert of Rococo Punch will moderate a panel of experts, hosted by The Podcast Academy and presented by the Leo Baeck Institute. * Hereâs how our top podcasts of the year get listeners to stay by Karen Burgess. Pacific Content takes a look at five branded podcasts that successfully use storytelling to not just perform well as branded content, but as podcasts in general. * McDonaldâs jingle, 20 years later by Alyssa Meyers. A history of the fast food jingle thatâs still going strong two decades later, showing the power of well-curated sonic branding. * YouTube Culture & Trends Report 2023. 55% of respondents watch content that no one else they know watches, indicating the trend of hyper-personalized content is growing. Good news for podcasting! * CoHost Announces the Launch of its Prefix That Aims to Demystify Podcast Audiences for Brands and Agencies. The new prefix provides both advanced audience demographics and B2B analytics that track what companies are listening to the podcast.
Here's what you need to know for today in the business of podcasting: What is the Optimal Number of Ads in an Audio Ad Break? by Lisa Prentis JacobsU.S. Podcast Advertising Revenue Study 2023: Drivers, Strategies, and Tactics for GrowthYouTube Culture & Trends Report 2023âŚas for the rest of the news: -AdExchanger shares what they overheard at the Prebid Summit, MarketingBrew shares what they overheard at Advertising Week, and Maria Novikova shares her top ten podcasts to stay abreast of news in adtech and marketing tech.
Here's what you need to know for today in the business of podcasting: Mobile phones are the most popular devices used to shop, report says by Alyssa MeyersHow brands can engage with the next generation of sports fans by Alyssa MeyersIn pursuit of profit, Spotify looks to AI rather than original content for its podcasting future by Ariel ShapiroSound To Screen: How To Shoot Video That Doesnât Suck by Steven GoldsteinâŚas for the rest of the news⌠next Monday Jessica Alpert of Roccoco Punch is moderating the webinar Archives to Earbuds: Podcasts for Cultural Institutions, and Signal Hill Insightsâ Jeff Vidler discusses takeaways from the newest Sounds Profitable study The Power of Brands in Podcasts.
This week, Tom Webster takes a look at Brand Fans, and how branded podcasts could actually grow the overall audience for podcasting. * Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
Wondery launches three podcast FAST channels on Amazon Freevee by Sara Guaglione [Source]DTC Brands Experiment with Programmatic Podcast Ads but Find Mixed Results by Phoebe Bain [Source]Hereâs how our top podcasts of the year get listeners to stay by Karen Burgess [Source]McDonaldâs jingle, 20 years later by Alyssa Meyers [Source]As for the rest of the news⌠Spotifyâs Q3 earnings show a surprise operating profit, and MarketingBrew gives 7 main takeaways on influencer marketing from Advertiser Week New York.
Here's what you need to know for today in the business of podcasting: Apple considers selling more podcast ads by Ashley CarmanNetflixâs Answer To Subscriber Churn? Fewer Ads by Alyssa BoyleThe 25-year-old media planner and the screenshot industrial complex by Brian MorrisseyHow major podcast players are moving âbeyondâ audio formats by Ella SagarCTV Ad Targeting Is Getting More Advanced â But Data Quality Is Not by Alyssa Boyle
Here's what you need to know for this week in the business of podcasting:The Power of Brands in Podcasts, A Podcast Landscape StudySpotifyâs Dave Byrne on brand safety, suitability measures.Study: listener prefer relevant podcast ads, more forgiving than with music.YouTube RSS Integration and AdvertisingQuick Hits:* Confused About Video? The Listeners Arenât! by Tom Webster. While the question âwhat is a podcastâ can lead to complicated responses from podcasters, respondents to The Podcast Landscape study are pretty confident in what qualifies as a podcast. * YouTube passes Netflix as top video source for teens by Kif Leswing. A long-running Piper Sandler study finds for the first time ever YouTube has passed Netflix as top video source for teens. Given the many podcasts Netflix has commissioned, one wonders how much teen traffic theyâd regain if those podcasts were also available in the Netflix app. * Brands are taking notice of Gen Alpha by Jasmine Sheena. Given existing legislation makes existing targeting methods difficult as the oldest Gen Alpha member is 13, brands are resorting to more creative projects to meet younger audiences where theyâre at, which could include the rising popularity of Kids & Family podcasts. * ARN takeover bid for SCA by Chris Pash. If successful, the acquisition bid would lead to Australia having two national media organizations with independent ownership of each other. * Streaming-powered tools come to Spotify from PodNews. The new system will allow users to upload and monetize video podcasts on Spotify, access enhanced analytics reporting, and use a new clickable promo system to cross-promote an episode with other podcasts on Spotify.
Here's what you need to know for today in the business of podcasting:Confused About Video? The Listeners Arenât! by Tom WebsterMeet the MillennialsPublishers pitch their methods for growing and engaging audiences to marketers by Sara GuaglioneTV Measurement Is Transforming â But Buyers Need More Transparency by Alyssa BoyleâŚas for the rest of the news: As for the rest of the news⌠writer Will Page expresses concern that many authors still donât know how Spotifyâs royalty structure works for audiobooks, and Edison Researchâs Share of Ear for in-car listening shows AM/FM radio consumption drops 21 percentage points for respondents whose primary vehicle has Apple CarPlay or Android Auto.
Here's what you need to know for today in the business of podcasting: Streaming-Powered Tools Coming to Spotify [Source]ARN takeover bid for SCA by Chris Pash [Source]Dave Byrne on Spotifyâs âSensitive Topicsâ Tech [Source]Why publishers are the new brand ambassadors by Kayleigh Barber [Source]âŚas for the rest of the news: a new AdExchanger Talks episode pleads with brands not to add terms like âIsraelâ and âHamasâ to keyword blocklists, and a new 30 second Allstate ad stresses âthereâs a podcast about that.â According to Magellan AI data, Allstateâs current estimated podcast ad spend for the year is a hair over $61,000 as of the end of September.
While the podcast industry frequently debates what qualifies âa podcastâ, data from The Podcast Landscape shows podcast listeners have a pretty consistent idea. Tom Webster breaks down that data and what it can mean for YouTube as the biggest place for podcast discovery. * Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:YouTube Podcasts in the UK and The Youtube Advertising Conundrum by Adam Bowie [Source]Some Black-owned publications push back on MFA reform amid declining traffic by Kayleigh Barber and Sara Guaglione [Source]Why the time is now for agencies to establish a B2B arm by Jason Pollock [Source]âŚas for the rest of the news: YouTube launches new AI-powered tool to target popular videos related to specific cultural moments, and a new Crowd React Media study finds 63% of sports audiences engage with radio and/or podcasts.
Audio ads can be effective, but only if theyâre not disruptive: report. By Alyssa Meyers [Source]âWithout margin, there is no missionâ by Ariel Shapiro [Source] What does the narrowing range of streaming service CPMs mean for advertisers? By Paul Verna [Source]YouTube passes Netflix as top video source for teens by Kif Leswing [Source]Brands are taking notice of Gen Alpha by Jasmine Sheena [Source]
Here's what you need to know for this week in the business of podcasting: Joint Statement on the Continued Integrity of the Download MetricHow Spreaker Detects OutliersThe Latino Podcast Listener Report 2023Breaking down Canadaâs new podcast platform registration form.Quick Hits: Nearly Half of Data Use for Ad Targeting is Wrong by Jack Neff. A reminder to those in the podcast space to work with partners that are meticulous in both their accuracy and purging what they find to be inaccurate.TV and film producers prepare for potential post-strike production logjam by Tim Peterson. A predicament that could lead to more new productions being piloted as podcasts while they wait for the post-strike traffic jam to clear.Advertisers will spend $84 billion on ad fraud this year: report by Ryan Barwick. Problems like this exist in all mediums, but podcasting has an opportunity to collectively prioritize high-quality, vetted advertising inventory.Podchaser Brings Radioâs Relied-On Airchecks feature into 21st Century for Podcast Advertisers. Airchecks, adapted from the radio measurement standard, allow for podcast planning and campaign management in Podchaser.Audio Ad Data Breakthrough: Sonnant & Podder Merge Content Signals + Audience Demographics. The two companies have partnered to combine Sonnantâs content data with Podderâs demographic analytics.
Here's what you need to know for today in the business of podcasting: Joint Statement on the Continued Integrity of the Download Metric by Bryan BarlettaKeep Calm and Detect OutliersThe bots have come for podcasts by Max TaniAd-free viewing is getting more expensive by Kelsey SuttonAs for the rest of the news⌠the IAB has released a podcasting buyer-seller checklist, Marketing Architects CEO Angela Voss breaks down why CTV isnât working for performance marketers, and to round this out we have a double-dose of verification: both Podchaser and Magellan AI have implemented the radio measurement staple of airchecks into podcasting, highlighting the increased demand for verification in the industry.
Here's what you need to know for today in the business of podcasting: Nearly Half the Data Used for Ad Targeting is Wrong by Jack NeffHispanic Audience Measurement Requires Nuance. Weâre Still Using Blunt Instruments by Hana YooTV and film producers prepare for potential post-strike production logjam by Tim PetersonâŚas for the rest of the news: Signal Hill Insights Paul Riismandel shows how one can measure streaming audio alongside podcasts, Acastâs Megan Davis writes about the company embracing women podcasters in Saudi Arabia, superstar HGTV couple Chip and Joanna Gaines are launching a podcast network in partnership with Warner Bros. Discoveryâs The Roost, Digiday Research collects their CMO Strategies in one place, and MarketingBrew looks at the modern evolution of the marketing jingle: custom TikTok audios.
Here's what you need to know for today in the business of podcasting. The Latino Podcast Listener Report 2023Advertisers will spend $84 billion on ad fraud this year: report by Ryan BarwickHot Pod: Breaking down Canadaâs new podcast platform registration formMeasurement issues still plague the business, but agencies hope their solutions help marketers by Antoinette Siu and Marty SwantAs for the rest of the news⌠YouTube has launched podcast functionality for YouTube Music in the UK, Rooster Teeth is pivoting video focus from YouTube as their self-hosted videos show 5-10x the ad revenue, Spreaker is building a site to provide up-time monitoring of podcast hosts and tracking prefixes in real time, Audible is named Company of the Year at the Signal Awards,
Here's what you need to know for this week in the business of podcasting: Dentsu, GumGum, Iris.tv build video keyword targeting capability Advertising Campaigns for Hispanic Audiences Outside OctoberAcast and Henkel. Adweek. YouTubeâs Current (and Potential Future) Place in PodcastingQuick Hits: * Why Branded Content Could Be Bigger Than You Think by Tom Webster. In this weekâs Sounds Profitable newsletter, Tom takes a look at the potential for brands and podcasts, and how data shows they have even more room to grow. * The Power of Brands in Podcasts to debut October 18th. The free webinar debuting Sounds Profitableâs latest study, looking into the listeners of branded content and how to engage them, will be at 2:00 p.m. Eastern Standard Time on Wednesday, October 18th. Registration is available now. * Why Now is a Great Time to Make Money With a Podcast by Robert Tuchman. Coverage of a panel with representatives from Hubspot, Quill, Amaze Media Labs, Conde Nast, and Adalyst Media. * Amazon Music launches Podcast Previews in several global markets by Reem Makari. The Podcast Preview program, a podcast discoverability tool that displays hand-selected podcast clips to news listeners based on contextual data, is now available outside the US. * Why Spotify is Growing its Connected TV Ad Business by Parker Herren. Spotify has partnered with Roku, the first step in establishing the Spotify CTV Partner Network to serve audio ads in the Spotify app available on smart TVs. * Libsyn Unveils September 2023 Podcast Advertising Rates; Enhances Brand Safety Measures with ComScore Technology. The average cost per thousand impressions for a sixty second podcast ad increased in September to $22.91, a 3.8% month-over-month increase that breaks a three-month downward trend.
Here's what you need to know for today in the business of podcasting: Why Branded Content Could Be Bigger Than You Think by Tom WebsterWith New Ads Targeting Black And Latino Voters, Biden Campaign Sees Radio As 'Trusted Messengers.'Podcast ads on Amazon DSP will now offer Amazon Audiences to self-service advertisers in the UKSocial media traffic to top news sites craters by Sara FischerâŚas for the rest of the news: the Google antitrust case heats up as the DoJ accuses them of illegally increasing prices, and Digiday covers DTC marketerâs reinvestment in Meta and Google after Appleâs AppTrackingTransparency crackdown.
Here's what you need to know for today in the business of podcasting: Brands Are Slowly Going Always-On With Hispanic Audiences by Catherine Perloff https://www-adweek-com.cdn.ampproject.org/c/s/www.adweek.com/media/brands-always-on-hispanic-audiences/amp/Rising podcast ad rates break 3-month trend in September by Brad Hill https://rainnews.com/advertisecast-podcast-ad-rates-september-2023/Acast and Henkel Celebrate Conversations about Hispanic Hair Care in Podcast Advertising Campaign https://soundsprofitable.com/press-release/acast-and-henkel-celebrate-conversations-about-hispanic-hair-care-in-podcast-advertising-campaign/Spotify Subscription Audiobooks by Ben Thompson https://newsletters.feedbinusercontent.com/ed5/ed52a4f4c1b19038d15e614edcd5abf7da805d78.htmlGive Your Brand the Gift of Reach and ROI this Holiday Season https://20817577.fs1.hubspotusercontent-na1.net/hubfs/20817577/Confidential_Veritonic_2023_Holiday_Infographic_Final.pdf
Tom Webster takes a look at the potential for brands and podcasts, and how data shows they have even more room to grow.* Written by Tom Webster * Edited by Bryan Barletta * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:Streaming video, music among Gen Zâs most popular media activities by Sara Lebow https://www.insiderintelligence.com/content/streaming-video-music-among-gen-z-s-most-popular-media-activitiesFree Podcast Program Coming to Classrooms with TinkerClass. http://tinkercast.com/press-release/Profiting from Hate: Platformsâ Ad Placement Problem https://www.adl.org/resources/blog/profiting-hate-platforms-ad-placement-problemWNYC Parent to Cut 12% of Work Force by Benjamin Mullin https://www.nytimes.com/2023/09/26/business/media/new-york-public-radio-job-cuts-wnyc.html
Here's what you need to know for today in the business of podcasting: DENTSU BRINGS KEYWORD BUYING TO CONNECTED TV TO IMPROVE BRAND SAFETY AND TARGETING by Jack Neff https://adage.com/article/media/dentsu-brings-keyword-buying-connected-tv-improve-brand-safety-and-targeting/2519186Amazon Music launches Podcast Previews in several global markets by Reem Makari https://www.podpod.com/article/1839177/amazon-music-launches-podcast-previews-several-global-marketsACA study reveals the three factors driving the best returns in advertising https://www.adnews.com.au/news/aca-study-reveals-the-three-factors-driving-the-best-returns-in-advertising/type/yafNewsYouTube and Podcasts by Adam Bowie https://www.adambowie.com/blog/2023/09/youtube-and-podcasts/Why Spotify is Growing its Connected TV Ad Business by Parker Herren https://adage.com/article/media/why-spotify-growing-its-connected-tv-ad-business/2519016
As for the rest of the news⌠Steve Prattâs newsletter series interviewing Tom Webster focuses on defining your podcastâs audience, Hot Pod interviewed two people fluent in Spanish to review Spotifyâs voice AI translations pilot program, and MarketingBrew looks at how to create an effective affiliate marketing campaign for this holiday season.
Here's what you need to know for this week in the business of podcasting:Apple Podcasts Updates with iOS17 https://www.apple.com/newsroom/2023/09/over-100-new-podcasts-from-top-apps-and-services-launch-on-apple-podcasts/Spotify Announces Voice Translation https://newsroom.spotify.com/2023-09-25/ai-voice-translation-pilot-lex-fridman-dax-shepard-steven-bartlett/Hispanic Audiences Love Audio, But Spanish Less of a Factor https://www.insideaudiomarketing.com/post/hispanics-remain-big-audio-users-but-nielsen-says-language-is-less-a-factor-than-in-the-pastGetting âDabblersâ to Embrace Podcasting https://www.insideaudiomarketing.com/post/hispanics-remain-big-audio-users-but-nielsen-says-language-is-less-a-factor-than-in-the-pastQuick Hits: SXSW x Podcasting by Bryan Barletta. Bryan announces the Sounds Profitable Business of Podcasting event on March 9th, 2023, inside SXSW. Tell Me a Story: What Podcast Format Works Best for Brands? By Annalise Nielsen. Pacific Content and Signal Hill Insights team up to examine what kinds of branded content have the best impact. Spoiler alert: edited narratives cause more brand lift than unedited chat-casts. How the industry can support Queer podcasting by Reem Makari. PodPod offers an extensive look into how the industry can meaningfully support queer podcasting.Realm Acquires Lipstick & Vinyl Podcast Network. The acquisition joins Realmâs 6,000+ hours of content with Lipstick & Vinylâs slate of popular unscripted podcasts targeting women in the 20s and 30s. AdLarge Partners With Barometer to Uphold Brand Safety & Suitability. The partnership will enable AdLarge to monitor their podcast portfolio with Barometerâs AI-powered brand safety and suitability platform. Google Podcasts to shut down in 2024 with listeners migrated to YouTube Music by Sarah Perez. Next year Google Podcasts will join Stitcher in the big podcast app farm in the sky as itâs retired to incorporate all Google audio services into YouTube Music.
Here's what you need to know for today in the business of podcasting: Influencer agency adopts brand lift metrics across campaigns to address measurement challenges by Antoinette Siu https://digiday.com/media-buying/influencer-agency-adopts-brand-lift-metrics-across-campaigns-to-address-measurement-challenges/Everything In Store for Podcast Listeners and Creators This International Podcast Day https://newsroom.spotify.com/2023-09-28/international-podcast-day-transcripts-chapters-show-pages-global/AdLarge Partners With Barometer to Uphold Brand Safety & Suitability https://soundsprofitable.com/press-release/adlarge-partners-with-barometer-to-uphold-brand-safety-suitability/
Here's what you need to know for today in the business of podcasting: How attention metrics is tuning into audio investments by Michael BĂźrgi https://digiday.com/media-buying/how-attention-metrics-is-tuning-into-audio-investmentsGoogle Podcasts to shut down in 2024 with listeners migrated to YouTube Music by Sarah Perez https://techcrunch.com/2023/09/26/google-podcasts-to-shut-down-in-2024-with-listeners-migrated-to-youtube-music/Helping More Podcast Listeners Get the Podcast Habit by Jeff Vidler https://signalhillinsights.com/helping-more-podcast-listeners-get-the-podcast-habit/YouTube is axing its ad-free Premium Lite subscription plan by Antonio G. Di Benedetto https://www.theverge.com/2023/9/25/23889917/youtube-premium-lite-subscription-discontinued-retired
As for the rest of the news⌠PodPod offers an extensive look into how the industry can meaningfully support queer podcasting, and new eMarketer growth shows that despite cooling growth, connected TV is lifting the programmatic market.
Pack your bags, because the Business of Podcasting takes center stage this year at SXSW.Credits:* Written by Bryan Barletta * Edited by Tom Webster * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting: Over 100 new podcasts from top apps and services launch on Apple Podcasts: https://www.apple.com/newsroom/2023/09/over-100-new-podcasts-from-top-apps-and-services-launch-on-apple-podcasts/Hispanics Remain Big Audio Users, But Nielsen Says Language Is Less A Factor Than In The Past. https://www.insideaudiomarketing.com/post/hispanics-remain-big-audio-users-but-nielsen-says-language-is-less-a-factor-than-in-the-pastTell Me a Story: What Podcast Format Works Best for Brands? By Annalise Nielsen. https://blog.pacific-content.com/tell-me-a-story-what-podcast-format-works-best-for-brands-a92ec2f0ee23Household spending on streaming is going down by Kelsey Sutton https://www.marketingbrew.com/stories/2023/09/21/household-spending-on-streaming-is-going-downAs for the rest of the news⌠weâve got a double serving of Spotify for you today. First: AdWeek covers how a Spotify campaign in Mexico is leveraging Gen Zâs sudden love of corridos, and Spotify has a few more details about their AI voice translation pilot program.
Here's what you need to know for today in the business of podcasting: Spotify Announces Voice Translation: https://twitter.com/eldsjal/status/1706325294481576006Podcast Executives Say the Industry Has a Fraud Problem by Ashley Carman: https://www.bloomberg.com/news/newsletters/2023-09-22/podcast-executives-say-the-industry-has-a-fraud-problemMaking the case for investing in audio ads in 2024 by Alexandra Samet: https://www.insiderintelligence.com/content/making-case-investing-audio-ads-2024Hollywood isnât letting go of audio any time soon by Amrita Khalid: https://newsletters.feedbinusercontent.com/ae8/ae8dee115349ff41d836ba70ea6e793576c63a5b.htmlAmazon is sticking ads in Prime Video shows and movies unless you pay more by Jess Weatherbed: https://www.theverge.com/2023/9/22/23885242/amazon-prime-tv-movies-streaming-ads-subscription-date
As for the rest of the news⌠Audacia Audioâs Kym Treasure breaks down why audio should be in your multi-channel marketing strategy, Adweek finds Americans donât like advertisers using AI marketing on them unless it comes with a price discount, Edison Research has published their chart of the top 25 UK podcasts, and takeaways from Digidayâs Publishing Summit focusing on attention metrics, engagement, and the importance of proving advertiserâs return on investment.
Here's what you need to know from this week in the business of podcasting: Pierre Bouvard: AM/FM Radio and Podcasts Could Recapture Lost TV ReachDigital Ad Spend Showing Promising Recovery After Recession FearsFTC Warns Against âBlurred Advertisingâ When Marketing to KidsCDC Reframes Flu Narrative Using Digital Display and Audio Campaign
Here's what you need to know for today in the business of podcasting: The CDC Uses Digital Advertising To Reframe The Narrative Around Flu Vaccines by Hana YooThe Three Eras Of Podcasting by Steve GoldsteinThe Joint Industry Committee Forges Ahead With Currency Certification by Alyssa BoylePrize draws and 'over-sampling': How researchers are hunting media's missing audiences by Ella Sagar
Here's what you need to know for today in the business of podcasting:FTC recommends brands avoid âblurred advertisingâ when marketing to kids by Ryan BarwickAppleâs expanding ad ambitions: A closer look at its journey toward a comprehensive ad tech stack by Ronan Shields and Seb JosephHolding Apple Accountable: The Future of the Internet Economy Depends On It by Dustee JenkinsGoogle Antitrust Trial: Ad Targets Tweaked to Meet Revenue Targets, Exec Says By Leah Nylen
Tom reflects on the many people who would gladly listen to podcasts, if we could tell them exactly what podcasts actually are. A podcasting Got Milk moment.Credits:* Written by Bryan Barletta * Edited by Tom Webster * Audio edited by Gavin Gaddis * Hosted by ART19
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Digital Ad Spend Showing Promising Recovery from Recession Fears.[Digiday Source] [Digiday Podcast] [AdExchanger Source] [Adweek Source]IAB launches foundational industry training programs[Source]2024 will see the highest political ad spend of all time: report by Jasmine Sheena[Source]The State of Video Monetization Report[Source]âŚas for the rest of the news: SXM Media CEO Jennifer Witz teased the upcoming revitalized version of the SXM app during an investor conference, and AdWeek breaks down why itâs difficult for SSPs to filter out made-for-advertising content.
Here's what you need to know for today in the business of podcasting: AM/FM Radio And Podcasts Can Recapture Lost TV Reach Due To Writers/Actors Strike As 22% Of The Heavy Linear TV Audience Say They Will Watch Less TV This Fall by Pierre BouvardThis Is Not My Beautiful Host Read Ad. How Did I Get Here? By Paul Riismandel. Substack writers are launching podcasts on the platform to ease reliance on ad revenue by Sara GuaglioneNASA to release first full season of Spanish-language podcast by Reem MakariAs for the rest of the news⌠Steve Pratt talks to Tom Webster about why you donât deserve an audience, Nairobi News reports the top podcasts in Kenya according to Spotify data, and eMarketer data shows that despite reaching 11% of US adult daily media time, only 4.9% of US ad spend is forecasted to go to audio.
Bryan Barletta joins E.B. Moss in this episode of Insider Interviews, also featuring Paul Riismandel from Signal Hill Insights and Ken Lagana from Audacy, about taking a holistic approach to the business of podcasting and what it takes to approach podcasting as a unique medium and leverage all aspects of it to drive growth.Visit the Insider Interviews website for more on this episode: https://insiderinterviews.blubrry.net/2023/09/06/a-holistic-approach-to-podcasting/Read about it on theCustomer: https://thecustomer.net/why-a-holistic-approach-to-podcasting-drives-listener-engagement-and-brand-value/
Here's what you need to know from this week in the business of podcasting. Over half of business owners are daily podcast listeners, study shows by Reem MakariHow Claritas Aims to Bring Google and Meta AI Marketing Capabilities to Other Forms of Media by Jack NeffAudible to produce Buffy the Vampire Slayer spinoff podcast with original cast, Kc Wayland directing.An advertiserâs guide to the Justice Departmentâs case against Googleâs search empire by Ronan ShieldsQuick Hits:Ad-technical Difficulties by Bryan Barletta. To celebrate three years of Sounds Profitable, Bryan has a slice of humble pie and discusses ways podcasting needs to improve to meet buyers where they want to be. Coleman Insights launches AscendFM brand lift service. AscendFM will track and prove the effectiveness of radio, podcasting, and streaming audio advertisement campaigns. Bear Grylls and Coyote Peterson Announce New Show âCircumnavigateâ with Backyard Ventures to Handle Sales. The new show, sponsored by Outdoors.com, will feature the two survivalists âvirtually traveling the globeâ to interview adventurers and athletes. First Cannabis Ads Coming Soon to Spotify by Thomas Edward. Cresco Labs Inc., a Chicago-based marijuana company, is investing 15% of their marketing budget into Spotify podcast ads geo-targeted to Illinois. California bill would crack down on data brokers by Ryan Barwick. A breakdown of what the upcoming Delete Act could mean for data brokers in California. Influencer spend is growing faster than social ad spend by Sara Lebow. New eMarketer data shows influencer spending outpaced social ad spend last year for the first time, and isnât slowing down.
Here's what you need to know for today in the business of podcasting:Top ten popular podcasts consumed in affluent households by Brad HillOriginal Buffy the Vampire Slayer stars returning for new Audible series about Spike by Sydney BucksbaumInclusion as Innovation: How These Marketing Leaders Stay Ahead by Leaving No One Behind by Jason NotteMarketers prioritise measurement but aren't evaluating key metricsHow Brands Can Learn To Stop Worrying About Brand Safety And Love The News by Allison SchiffâŚas for the rest of the news: Bryan Barletta celebrates three years of Sounds Profitable with a slice of humble pie and ideas to invigorate the industryâs relationship with buyers, Coleman Insights launches AscendFM brand lift service, Politics.co.uk writer James Hanson reflects on the growing popularity of political podcasts, Inside Audio Marketing looks at more data from the Nielsen Podcasting Today report, AdWeek covers why marketers are paying more attention to attention-tracking, and Insider data shows five industries that will increase digital ad spend faster than the national average.
Here's what you need to know for today in the business of podcasting:
Influencer Spending Forecast To Grow Double-Digits This Year by Inside Audio Marketing
The Economist adds podcast subscription tier by Sara Fischer
An advertiserâs guide to the Justice Departmentâs case against Googleâs search empire by Ronan Shields
Max Stays Minimal
This year weâre celebrating Sounds Profitableâs third anniversary with a nice slice of humble pie as we reflect on the current state of podcast adtech.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
How Claritas Aims to Bring Google and Meta AI Marketing Capabilities to Other Forms of Media by Jack Neff
NPR adjusts to revenue realities with flat budget projections for -23/24 by Brad Hill
Marketers focus on search, discoverability as social media use evolves by Kristina Monllos
Creators function like standalone media channels by Jasmine Enberg
Here's What Buyers Really Thought About the 2023 Upfront by Bill Bradley
âŚas for the rest of the news: BBC Sounds head of metadata and publishing management Emma Conneely shared tips and pitfalls to avoid when promoting a new podcast, studios are turning to influencers to promote content while struck celebrities canât, and MarketingBrew explains what the Delete Act could mean for data brokers in California.
Essential news for today in the business of podcasting:
Over half of business owners are daily podcast listeners, study shows by Reem Makari
The Podcast You Want to Make
Influencer spend is growing faster than social ad spend by Sara Lebow
First Cannabis Ads Coming Soon to Spotify by Thomas Edward
Why Facebook, Google And Amazon Are Embracing Media Mix Modeling by John McDermott
YouTube is going to remove some ad controls for creators by Jay Peters
âŚas for the rest of the news: Reuterâs CRO Eric Dantez appears on the Digiday Podcast to discuss political advertising and AIâs role in the company, Universal Music Group has reached a deal with French music streamer Deezer to pay high-traffic artists more per-stream, Digiday covered sports streamer DAZNâs cautious journey into programmatic advertising, and an agency expert shares 5 current ad trends to pay attention to.
Here's what you need to know for this week in the business of podcasting.
Sirius XM, Barometer, ArtsAI Partner to Create Brand Safety and Suitability Tool.
CPMs Plummet for Digital, Less so for Podcasts.
Spotify Raising Audience Requirement for Ambassador Ads
Parents are spending less on back-to-school shopping this year: report by Alyssa Meyers
Nielsen Source
Here's what you need to know for today in the business of podcasting:
Sirius XM Creates a Podcasting Brand Safety and Suitability Tool for Advertisers by Antoinette Siu
When Data Misleads by Brian Morrissey
YouTube is Experimenting With Longer but less Frequent Ad Breaks on TV by Emma Roth
Digital CPMs Plummet, 2H Rebound Expected by Karlene Lukovitz
AdvertiseCast Average Podcast CPMs
Why Advertisers Arenât Moving to Streaming TV as Quickly as Viewers by Parker Herren
âŚas for the rest of the news: Nielsen is laying off 9% of its global workforce, The ANA and the 4As have released 11 new guidelines to promote investors working with diverse media companies, AdWeek covers a prediction the US ad industry will grow 5% this year, and Eric Nuzum pulls podcasting wisdom from The Bearâs season two episode âForks.â
Here's what you need to know for today in the business of podcasting:
First-Ever Auto Brand âShare Of Earâ Reveals Listening Among Car Owners By Pierre Bouvard
Spotify to Cut Back Promotional Spending on White Noise Podcasts by Ashley Carman
Parents are spending less on back-to-school shopping this year: report by Alyssa Meyers
Why Some Content Distributors Have Too Many Ads by Alyssa Boyle
Programmatic CTV Still Has A Lot Of Growing Up To Do by Alyssa Boyle
And for the rest of the news⌠Spotifyâs Rak Patel pitches why brands need to be thinking about digital audio advertising, ad spend is returning to levels seen in the 2010s now that recession fears are alleviating, and a MarketingBrew breakdown of âeverything advertisers should knowâ about CTV.
Tom Webster presents data from The Podcast Landscape that reinforces the value of (good) branded podcasts and what they could accomplish.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting.
Lapsed listening and podcast churn are due to time constraints by Amrita Khalid
Podcasting Today- Audience Insights from Nielsen and Edison Research
Publisher Adoption for New Video Ad Specs Lags 6 Months After Introduction by Catherine Perloff & Mark Stenberg
As Disney Loses More Streaming Subs, It Bets On Advertising by Alyssa Boyle
PodPod and Campaign launch Audio Advertising Awards
Here's what you need to know today in the business of podcasting.
Three updates to Apple Podcasts
Exclusive: SXM Media partners with The Trade Desk and HUMAN
Barry Hott on Instagram Reels over-serving ads
Spotify hits record number of users worldwide but struggles to monetize growth
Former UTA Agent Launches Kids and Family Audio Company With Agency Backing
And for the rest of the news⌠Variety covers a star-studded new podcast with ad sales handled by Gumball, publishers are seeing per-subscriber revenue increases amid ad revenue decline, and both Digiday and The New York Times covered allegations that YouTubeâs adtech is serving ads specifically to children, in violation of the Child Online Privacy Protection Act.
Stories covered this week in the business of podcasting:
Acast Announces Podscribe as Global Preferred Attribution Partner.
Shifting Share of Ear: A nine-year comparison of radio and podcasts by Brad Hill
Mattress Firm's Branded Podcast Drives In-Store Sales with iHeartMedia by Catherine Perloff
Amazon is quietly building a publisher-focused ad product team to grow its $37 billion ad business by Lauren Johnson
Quick hits:
Making a Podcast People Hate by Tom Webster - Using data from the upcoming Sounds Profitable study The Podcast Landscape in America, Tom demonstrates the power of making a podcast for a hyper-specific target audience.
Descript Acquires SquadCast. Squadcastâs remote recording tech will be implemented in Descript to allow the service to offer podcast recording, editing, and publishing in one service. Previous Squadcast customers will be able to switch to Descript at no additional cost.
Triton Digital Releases the July 2023 U.S. Podcast Ranker. Highlights include SXM Media at #1 in Top Seals Networks for July and NPR News Now retaining the top spot in podcast downloads.
PodcastDb and Sonnant Partner to Create the First Ever Podcast Advertiser Directory. The directory will enable advertisers to find contextually-suitable podcast advertising opportunities.
Here's what you need to know for today in the business of podcasting:
Acast Announces Podscribe as Global Preferred Attribution Partner.
(Read more on the subject: In Defense of Third-Party Podcast Solutions.)
What former Spotify exclusives âArmchair Expertâ and âAnything Goesâ can reveal about audiences by Amrita Khalid
The FTC updated its endorsement guidelines for the first time since 2009âand some people have questions by Katie Hicks
âŚas for the rest of the news: Edison Researchâs Q2 edition of the podcast network ranker is here, and Australian broadcaster SCAâs revenue fell 3.7% but audio assets continue strong performance.
Here's what you need to know today in the business of podcasting.
Why Podcasters and Publishers Should Lean into Ad Measurement by Paul Riismandel
Acast Supercharges US Leadership
This yearâs upfronts deals, broken down by Kelsey Sutton
Tom Webster shows off data from the upcoming study The Podcast Landscape in America and discusses the power of focusing a podcast to a specific audience over generic broad-reaching topics.Â
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know from today in the business of podcasting:
Descript Acquires SquadCast
Top 15 podcast advertisers in Australia
Google Repays Advertisers After Report of Low-Quality Ads by Garett Sloane
Dentsu Reports Sequentially Lower Q2 Growth, Cites Tech And Financial Slowdowns by Joe Mandese
âŚas for the rest of the news:And for the rest of the news⌠YouTube is revamping how linking off-site will work, and Brian Morrissey discusses the next wave of B2B media (which sounds like a perfect fit for podcasting).
Here's what you need to know today in the business of podcasting.
Amazon is quietly building a publisher-focused ad product team to grow its $37 billion ad business
Shifting Share of Ear: A nine-year comparison of radio and podcasts
Mattress Firm's Branded Podcast Drives In-Store Sales with iHeartMedia
And for the rest of the news⌠Audacy debuts new study The Rise of the Cross-Platform Listener. Digiday breaks down key differences between Gen Z and Gen Alpha for brands, and American Public Media and Audacy have terminated their partnership a year early.
Here's what you need to know for this week in the business of podcasting:
Connect Patreon to Spotify and Stream Your Favorite Podcasts in One Place
Q2 Earnings Calls in Podcasting
Why some publishers are reducing their podcast slate to try to grow their audio businesses
Quick Hits:
The Song of the Summer, and the Joe Rogan ProblemÂ
Libsynâs AdvertiseCast Signs Exclusive Ad Partnerships with Two Leading Podcast Networks.Â
The Podcast Academy and DPC Entertainment Launch Podcast 360.
Here's what you need to know for today in the business of podcasting:
Why Are More Than Half of Podcasters Still Not Publishing Video?
Connect Patreon to Spotify and Stream Your Favorite Podcasts in One Place
How ad techâs measurement titans are pivoting to attention and activation
Indie agency census reveals expected areas of ad spend growth
And for the rest of the news⌠Digiday has a guide for whatâs in and whatâs out in influencer marketing for 2023, and this weekâs issue of The Rebooting reminds us all that the media business is still hard.
What you need to know for today in the business of podcasting:
KQED snatches up Snap Judgment and Spooked by Amrita Khalid
Podcast networks report Q2 revenue growth, with positive signs for continued improvements in 2023 by Sara Guaglione
CTV Buyers Are Still Struggling to Know Where Their Ads Ran by Catherine PerloffÂ
âŚas for the rest of the news: Arrow Media has been appointed Acastâs commercial partner for Queensland, Australia, and new eMarketer data suggests web publishers are âfighting over a pie that is barely growing.â
While podcasting has had several 'song of the summer' moments since Serial's smash success in 2014, in recent years those mainstream attention-getting moments are dominated by one polarizing figure.Â
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Here's what you need to know for today in the business of podcasting:
âTrue potentialâ in Sirius XM podcast bizby Brad Hill
Why concerns of influencer marketing oversaturation are overblown by Kristina Monllos
When Podcast Apps Miss The Mark by Steve Goldstein
How soft is the ad market, really? By Ryan Barwick
âŚas for the rest of the news: Eric Nuzum reflects on what makes a good podcast host, Sean Howard explains yield optimization and what it means for podcasting in Flightpath, and Forbes covered a new QCODE audio drama starring Chris Pine and Troian Bellisario.
Here's what you need to know in the business of podcasting for August 7th.
Why some publishers are reducing their podcast slate to try to grow their audio businesses
Magnite And FreeWheel Link Up In The Name Of Interoperability
Acast to focus on automation to âcreate valueâ for advertisers
Top 3 podcasts in U.S. remain the same over two years
The Media Rating Council is angling for better clarity in an era of compounding complexity
And for the rest of the news⌠Digidayâs new Media Briefing presents the case for, and against, paid subscription trials. Digital subscriptions are a bright spot in otherwise down Q2 for Gannett. And, in a surprising turn after announcing their partnership with Spotify, ad group WPP cut their full-year growth forecast from 3 to 5% down to 1.5 to 3%, citing low spending from tech clients and delays in tech-related projects.
This week's stories:
Audio Ads Outperform Video for Attention and Brand Recall, Dentsu Study Finds.
The ad slowdown (or lack thereof) gives the industry reason to hope
the kids podcast listener report
Quick Hits:
Introducing The Download by Bryan Barletta
The Download is now a daily podcast, covering news important to the business of podcasting Monday through Thursday, with the usual weekly recap continuing on Fridays.
NAVA posts info for SAG-AFTRA strike.
The National Association of Voice Actors has released a one-sheet clarifying what types of work NAVA actors can or cannot do during the SAG-AFTRA strike.
SiriusXM is betting big on its next-gen app by Amrita Khalid
The much-teased new SiriusXM app is set to debut this fall and was brought up during the recent Q2 earnings call.
WPP & Spotify Announce First-of-its-Kind Global Partnership
British communications and advertising holding company WPP is now in a global strategic partnership with Spotify to give its clients access to Spotifyâs ad products and scaling capabilities.
Here's what you need to know for Thursday, August 3rd.
Inside Audio Marketing - Katz: Target Consumers With Messages That Relate To Where They Listen To Radio.
RainNews - Quantifying brand marketing uncertainties and risks, Veritonic says audio is paramount
Spotify - WPP & Spotify Announce First-of-its-Kind Global Partnership
MediaPost - TV 'Ad Intolerant' Viewers Still In The Minority, Study Finds
Here's what you need to know for Wednesday, August 2nd.
Podcast Company Realm Acquires Kid-Focused Pinna as Industry Consolidates by Ashley Carman
SiriusXM is betting big on its next-gen app by Amrita Khalid
Good Karma Brands to run operations, sales for ESPN Radio by Andrew Bucholt
As strikes halt Hollywood projects, the TV ad industry is on the line by Kelsey Sutton
Future of TV Briefing: How top streamersâ ad prices have trended in this yearâs upfront negotiations by Tim Peterson
Bryan announces the newest evolution of The Download: a daily newsletter covering the essential news for the business of podcasting.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
This is The Download from Sounds Profitable, your daily source for the essential news of the business of podcasting, brought to you by Spreaker from iHeart.
Hereâs what you need to know for today, Tuesday August 1st.
AdAge - Audio Ads Outperform Video for Attention and Brand Recall, Dentsu Study Finds.
The study was conducted by Lumen and commissioned by Dentsu, with Amazon Ads, Cumulus Media, iHeartMedia, Spotify, and SXM Media participating. 41% of audio ads generated correct brand recall in follow-up surveys, a 3% increase over the norm for other forms of advertising Dentsu keeps track of. Compared to digital, social, and TV benchmarks, podcasts held listenersâ attention for more seconds per thousand impressions.
Inside Audio Marketing - Podcast Listeners Spending More Time With Medium As Digital Audio Usage Rises.
New eMarketer graphs show daily time spent with podcasts by adult podcast listeners has increased from 44 minutes in 2021 to 51 minutes this year. eMarketerâs forecast predicts that number will grow at slower percentage rates in coming years, but will still hit 56 minutes by 2025. The overall average daily digital audio consumption is one hour and 52 minutes.
LibSyn - Podcast Advertising Rates
AdvertiseCast has updated their monthly tracker of podcast CPM rates. Julyâs average between all three tracked audience sizes is $22.24 for a 60 second spot, a 3.6% decrease from June and continuing a downward trend since Mayâs price of $23.50. Still, itâs holding above the lowest point from the doldrums of Q1 when Februaryâs average hit $21.99.
Digiday - Fortune cookies, the Sphere and more: How advertisers are taking OOH beyond billboards
Out of home advertising is evolving, including digital taxi toppers, ad-supported fortune cookie messages, and the $2.3 billion Sphere in Las Vegas. Some agencies have leaned into intentionally outlandish/evocative OOH campaigns to generate online buzz and have found success. Podcasting has had some success with similar OOH campaigns, including billboards for Slow Burnâs season on an abortion rights case that specifically run in states proposing abortion rights rollbacks.
eMarketer - YouTube CTV spending jumped 31% last quarter, outpacing streamers
According to agency Tinuiti, spending on YouTubeâs connected TV ads jumped 31% in Q1 while services like Max and Netflix only experienced 6% growth. Hulu charts in the lead on CTV ad revenue on eMarketerâs 2023 chart with 3.63 billion, followed by YouTube at 2.89 billion and Roku at 2.19 billion. The fastest-growing CTV presence is now also the most popular location for audiences to consume podcasts.
Be sure to check out the links to every article mentioned right in your podcast listening app, or at SoundsProfitable.com, where you can also subscribe to the newsletter version.
The Download is written and produced by Bryan Barletta, Gavin Gaddis, and Tom Webster. Itâs assembled in Spooler and hosted on Art19.
For Sounds Profitable, Iâm Tom Webster - Download us again tomorrow!
Stories covered:
The Fully-Produced Podcast Ad: Are we leaving attention on the table?
Spotify's Q2 Earnings Call
Your favorite TV rewatch podcast is here to stay - but donât expect any new ones.
Quick Hits:
Only Be Kind by Tom Webster
This week, Tom writes about the legacy of Frank Cody and a life philosophy he brought to radio that podcasting would do well to implement: Only be kind.
NewsGuard Launches 'Made-For-Advertising' Service In Response To ANA Study by Joe Mandese
To combat the rising issue of made-for-advertising sites siphoning programmatic ads, NewsGuard has introduced the ability to create whitelists of non-MFA sites and blacklists to exclude known MFA content.
Audio Amplified: Harnessing the Power of Branded Podcasts
The new white paper from Quill focuses on the utility of branded podcasts as high-value content that resonates with audiences, establishes trust, and positions creators as industry leaders.
Veritonic and Acast Partner to Highlight What Success Sounds Like Around the World for Podcast Ads Bought Programmatically
New research from the two companies compares and contrasts of audio creatives from programmatic campaigns around the world.
Tom Webster reflects on the life of someone important to both him and audio in general, as well as a valuable lesson we can learn from how he thought about life.Â
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Stories covered:
U.S. podcasters are attracting more international listeners
Why a âpodcast electionâ is unlikely
Ad overexposure on CTV hurts streamers as much as brands.
Quick Hits:
Will Podcast Ad Revenues Double by 2025? Not Without These Five Things by Tom Webster.
Podcasts draw devoted audiences, but ad spending lags by Catherine Wolf.
The Rumors of Podcastingâs Death Have Been Greatly Exaggerated...Redux by Eric Nuzum.
Why Podcast Ad Creative is Pivotal, Now More than Ever by Paul Riismandel.
Cracking the Code: Gen Z Engagement through Audio Advertising by Mariam Ahmad
Tom Webster looks at our most recent study, The Podcast Opportunity, and provides five key findings that point the way towards making podcasts a more vital part of ad spending.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Articles covered:
Breakdown of FTC Endorsement Guidelines
YouTube Tests Crackdown On Ad Blockers
This LinkedIn article could have been a video podcast.
Quick Hits:
Spotify hits the 100,000 mark for video podcasts
MediaMath Files For Bankruptcy, Owes Hundreds Of Millions.
mowPod Supercharges Self-Serve Platform with AI-Powered Ad Copy and Precision Targeting
Articles covered:
The Podcast Opportunity
SXM Shuts down Stitcher
Film and TV have collapsed over the last decade.
Quick Hits
Long Read- Podcasts, a hot advertising medium by Ruby DerrickÂ
ThePodcastHost.comPublishes âIndiePod Manifestoâ Off the Back of Independent Podcaster Census Data
Acast Unlocks Largest Self-Serve Marketplace of Podcast Influencers For Media Buyers
With the upcoming release of Sounds Profitableâs study The Podcast Opportunity, Tom reflects on the idea of podcasting being considered âneither fish nor fowlâ in the advertising world.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Articles covered:
Quick Hits:
This week, Tom looks at some recent data on popular podcast genres from Pew in light of Spotify parting ways with Meghan and Harry and their podcast Archetypes. What can we learn from the past about the future of celebrity podcasting?
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
This week's stories:
Podcast listeners well disposed to political ads (Veritonic)
Letâs Think about Podcast Consumers, Not Just Listeners
Can A Million Ads Simplify Hyperlocal Audio Ads By Creating Even More Of Them?
Partner Events:
âDemystifying Brand Lift: Measuring How Audio Ad Campaigns Resonate with Listeners.â
âHow Creative Testing Drives Success in Audio.â
âThe Podcast Opportunity: Buyer Perceptions of Podcast Advertisingâ
Quick Hits:
Programmatic ad placement has been stuck on the waterfall for long enough. Itâs time to lay the foundation for Header Bidding in podcasting.
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Articles covered:
Spotify to Slash Podcast Workforce, Combine Parcast and Gimlet Studios in New Round of Cuts
âHow Do We Pivot?â: Podcasting Turns to M&A and Cost-Cutting
Why advertisers are reconsidering keyword blocklists as brand safety approaches to hard news
Growing Up with Podcasts: The Gen Z Podcast Listener Report
The State of Audio Technology Report
Is YouTube Eating Podcasts? Cumulus Media And Signal Hill Insightsâ Podcast Download â Spring 2023 Report
Hot Pod coverage of audiobook surveys.
Quick Hits
Podcasting is becoming more competitive and less collegial every year. Is that a good thing, a bad thing, or just inevitable? Tom Webster suggests there is still an important job we all need to collaborate on first.Â
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
This week on the Download:
Why podcasters are selling subscriptions through third-party vendors
Future of TV Briefing: CTV continues to be a black box to programmatic marketers
Publishers large and small put their resources into first-party data - Digiday Research
Australian digital audio ad spend climbs to $51.9 million
Quick Hits:
The Podscape, a collaborative effort between Magellan AI and Sounds Profitable, will be publishing a new edition this summer! In the interest of making this snapshot of the podcasting industry as accurate as possible the Podscape is putting out an open call: Is your company missing from the current edition? Notice something we omitted? Submit Updates Here
Peabody-Nominated Content Studio Project Brazen Launches Platform for âFearless Storytellingâ by Alex Ritman. The new content platform features a special focus on journalism âthat reveals hidden aspects of the world around us.â
There has been much concern over how podcasting will implement AI. Tom breaks down the current landscape, as well as future symbiotic relationships.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
Tom took a look back on all of the great research that was done at Sounds Profitable in 2022 and came up with a handful of the most impactful data points. Here are his three favorite data points from 2022!
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
See omnystudio.com/listener for privacy information.
This week: Opportunity in Kids podcasting as recession looms, Podcastingâs ârecession eraâ, some audio publisherâs teams still growing in 2023, and Paul Riismandel joins Signal Hill Insights.
Podcastingâs Recession Era and how podcasters are approaching it.
Manuela: This week our first segment is going to cover a variety of articles centering around an overall theme: podcastingâs reaction to the recession in early 2023. To kick things off, we continue a throughline of covering how the Kids & Family category has quickly evolved into a juggernaut. Over the first half of 2022 the genre made itself known as a force to be reckoned with over several big deals and signings.
Now as the recession looms, along with doom-and-gloom articles about said recession, big-name deals are becoming more scarce. Tumble Media CEO Lindsay Patterson has worked in kids podcasting for years and likens the 2022 surge to being invited to a party late. Kids & Family has arrived just in time to find the host is taking down the decorations. From her January 11th Medium post:
âWith a general pullback on spending on podcasts, itâs likely that companies will be hesitant to invest in strategy and content for kids, who require a new approach to audience development and monetization. Itâs a different model than âgrownupâ podcasts. But the good news is kidsâ podcasts may be a welcome guest at other parties â and in many other industries. There are choices. Nay, there are opportunities.â
Patterson proposes Kids & Familyâs relative newcomer status to the wider industry leaves it plenty of unpursued avenues that are already well-tread ground for others. Her article touches on concepts like adapting existing kid-friendly IP to podcasts and pursuing new platforms. Interestingly, she points to nonprofits, grants, and research studies as potentially viable funding paths. Patterson speaks from experience, having partnered Tumble Media with a non-profit organization to win a grant. The partnership has been funded to spend three years studying how both listening to and making podcasts can engage blind and sighted students in the classroom.
âIn a way, the warnings and scrutiny of the podcast industry makes me more optimistic than ever before about the kidsâ space. We can take a clear eyed look from the outside, and see how kidsâ podcasts can and should be better.â
Pattersonâs suggestions of creativity and adaptability come at a good time for smaller creators, as even larger presences in podcasting are beginning to feel the effects of hiring and investment freezes. This Wednesday the Hollywood Reporter published a piece by J. Clara Chan titled âPodcastingâs Recession Era: Dealmaking Gets More Selective in Slower Ad Market.â
Chan begins the piece with a big-picture view of investments made by major players in the industry before setting the articleâs goal answering the question: âWhat will podcastingâs next era look like during a recession?â
Her article begins with a focus on the deal-making side of the industry, sourcing two anonymous dealmakers and their observations of industry performance in recent months. Big companies seem to have covered their bases on wide demographics. Chan gives the example of Spotifyâs coverage of Gen Z and millennial women with acquisitions of Call Her Daddy and Emma Chamberlainâs Anything Goes. \
BIPOC Podcast Creators co-founder Tangia Al-awaji Estrada gives a perspective from a smaller, independent side of the industry:
âIt feels a little bit premature at this stage because we donât know exactly whatâs going to happen, but it does feel like thereâs some panic in the air. Weâre seeing companies whoâd normally be investing in up-and-coming talents, indie creators â smaller companies are pulling back and saying, âWell, weâre not doing that right now. Weâre not doing that at all.â So, thereâs definitely a feeling like folks are holding their breaths to see whatâs going to happen.â
Last Friday Sara Guaglione, writing for Digiday, published a piece covering the phenomenon of smaller production houses growing as larger entities condense their audio teams. A tally of jobs on sites like Indeed with the word âpodcastâ in the description shows there has been a downward trend of open positions since the peak in May of 2022. Still, companies are hiring.
âA number of media companies posted new podcast job openings this month. Vox Media, for example, posted a job opening this week for a $200,000+ ââexecutive producer position for its daily show âToday Explained.ââ
Guaglione also points to Tenderfoot TV, The New York Times, and the Wall Street Journal as places that are actively growing their audio teams.
Returning to the Hollywood Reporter piece, we reach the advertising side of podcasting. The conclusion reached by J. Clara Chanâs reporting will be a familiar one to loyal followers of The Download. In general, advertisers are pacing themselves from brand awareness campaigns and doubling down on direct response and prioritizing sales conversions.
The piece ends with a final sentiment from Al-awaji Estrada, quote:
âPodcasting is going to be just fine. I really believe that podcasting is still so young that a huge market change isnât going to blow up the entire world. Thereâs going to be some tightening of the belts, probably, across the board. But by the time we come out of this thing, I think we will have seen podcasting continue to grow through the recession.â
Paul Riismandel joins Signal Hill Insights
Shreya: For this segment weâre covering something of personal significance to Sounds Profitable. Last Thursday podcasting veteran Paul Riismandel joined Signal Hill Insights as the companyâs new Chief Insights officer. From the Signal Hill press release:
âAt Signal Hill, Riismandel will help solidify the company as a critical independent third-party voice providing industry-wide and custom research solutions. He will focus on furthering innovation in podcast measurement, combining ad effectiveness, creative analysis, and audience insights, in order to help partners and the industry at large understand how best to serve both listeners and advertisers, together.â
Having overseen hundreds of ad effectiveness studies since 2014, Riismandel takes research seriously. From his blog post on the Signal Hill website last Thursday:
âI cannot overstate the importance of independent third-party research in the development of any media platform. That said, publishers are a fundamental driver, and many invest in internal research, done with integrity, to build their business. In turn this elevates the whole medium.â
For those newer to Sounds Profitable, Riismandel is a big figure in the companyâs history. It was him who got Midroll Media to become a day-one Sounds Profitable partner back in September of 2020. Now, in 2023, weâre thrilled to be partnering with Riismandel and everyone else at Signal Hill Insights in producing more independent third-party research.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles called Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Magellan AI launches Spanish language podcast prospecting and competitive intelligence tool, a press release provided via Podnews. With their new Spanish language support, Magellan AI already has data on Spanish-language ads from more than 2,000 advertisers in the US.
A better way to measure podcast success: Listen Time by Jonas Woost for Bumper. In which Woost tells the story of YouTube switching from using views as a metric to âwatch time,â and suggesting a similar update to the podcasting industry as an alternative to the download.
A Tale of Two Bytes: Prefix vs. Host-based analytics by John Spurlock for Livewire Labs. An excellent explainer on why third-party analytics download stats might be different from the downloads reported by oneâs hosting company.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Weâre off to the races in 2023, and weâre taking you with us.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
See omnystudio.com/listener for privacy information.
This week: Megaphoneâs weekend of outages, AdvertiseCast Publishes average CPM of 2022, Apple debuts Delegated Delivery, a software engineer teases adblock for iTunes, and The Podscape 2023 is live.
Megaphone has Weekend of Outages
Manuela: We start from a story from the holiday break. On Monday, December 19th, Podnews editor James Cridland reported on a weekend of outages for Megaphone. According to Megaphone documentation, the outage started sometime before 11am Eastern on Saturday the 17th for producers. From the website:
âWe are currently investigating an issue that is impacting content delivery. During this time end listeners most likely will not be able to download podcast episodes. We are working to fix this currently.â
Within two hours the case was updated to reflect the playback issue. At 10am the following day a second outage started, this time as a âpodcast playbackâ issue that ran for over 12 hours, leaving megaphone podcasts effectively offline until 11:56pm Eastern. One of the larger major hosting platform outages of the year.
This incident marked the sixth time in 2022 Megaphone was temporarily unavailable to podcast listeners.
AdvertiseCast Publishes Final Podcast Advertising Rates of 2022
Shreya: AdvertiseCast rang in the new year with a January 1st update to their monthly AdvertiseCast Marketplace Podcast Advertising Rates. A quote from AdvertiseCast CRO Dave Hanley in their press release:
â2022 was a breakout year in podcasting. Podcasts have become mainstream with explosive growth among younger and more diverse audiences who are embracing niche genres and new ways of listening.â
Decemberâs overall average CPM was $23.57, a 4% drop month-on-month. With this new information, AdvertiseCast now has the data to generate an overall average for the year. The average CPM for podcasts in AdvertiseCastâs observed population was $23.87 for a sixty-second ad spot, a 2% increase from 2021.
The three highest-CPM categories in December were, in ascending order, Business, Education, and Technology, with Technology podcasts pulling an average CPM of $27.
Software dev wants to make podcast ad blocker, charge money for it.
Manuela: Last week a Portland, Oregon-based software engineer Micah Engle-Eshleman announced his intentions to build something that, if fully developed, would change the industry: Adblock, but for podcasts. From adblockpodcast.com:
âFinally, a podcast app that skips ads! Adblock Podcast detects and skips ads on all iTunes podcasts.â
While light on concrete information, the project appears to be a web-based application that would detect and remove any advertisements embedded in podcasts served through Apple Podcasts, erroneously referred to by the branding Apple retired six years ago. The project will be a paid service with a vaguely-defined intent to use an undefined portion of money collected to directly pay podcasters via revenue share.
On paper, Engle-Eshlerman is proposing his web app would create a new, more profitable way for podcasters to be compensated for producing their shows. Heâs quoted in last weekâs Podnews as saying he hasnât figured that part out yet.
Which feels apt for the entire project. How would it skip ads? How would a web app produced by one person handle the complexity of paying out millions of individual podcasts? Why are podcasters supposed to be excited that they have to let a strangerâs product rip out their ads and give them a percentage of what it collected that month? If a podcast thatâs on a network has its ads skipped, does that podcast get the check or does the network?
At best, Podcast Adblock is a cautionary tale for bloggers and reporters covering podcast beats. Just because an email contains something that looks sensational doesnât mean itâs worth giving air. Podcast Adblock has many telltale signs of being vaporware. A paid service based Adblock, a service that has been available for free in one form or another since 2002. From someone with no podcasting bona fides who still calls it âiTunes.â
Apple Podcasts launched Delegated Delivery
Shreya: This Tuesday Apple announced the implementation of the Delegated Delivery beta, which will allow podcasters to publish content to their Apple Podcast Subscription from the dashboard of select hosting services. From the blog:
âWith an active membership to the Apple Podcasters Program, creators can now generate API Keys from the Account tab of Apple Podcasts Connect, which they can share with their hosting provider to allow them to publish content on their behalf. Once enabled, creators can submit new free and subscriber shows, publish new subscriber episodes, and continue to publish free episodes to Apple Podcasts from their hosting provider dashboard.â
Currently the beta enables podcasters on Blubrry, Libsyn, Triton Digitalâs Omny Studio, and RSS to try out pushing episodes directly to their Apple subscribers. More hosting providers are slated to be added to the service throughout the year, with Acast, ART19 and Buzzsprout mentioned by name as the next in line for addition.
Removing the extra chore of logging in to a separate dashboard makes the act of producing an ad-free feed or bonus content even more attractive. Apple premium subscriptions were already popular before, it's easy to see Delegated Delivery could likely help make them defacto practice for podcasts with substantial footprints on Apple Podcasts.
First 2023 edition of The Podscape now live.
Manuela: Before we get into the Quick Hits, we wanted to briefly spotlight something new from a collaboration between Sounds Profitable and Magellan AI. The first 2023 edition of The Podscape is now live. The sizeable infographic is built from taking inventory of podcastingâs companies, agencies, services, and anything else that could be classified. From the Podscape description:
âFrom content creation to hosting services to media planning, agencies, and media sales - download The Podscape to better understand how some of the biggest players fit together on one page.â
The 2023 Podscape is free to download and currently accepting feedback. 2022 was a busy year in podcasting and the goal of The Podscape is to create as accurate a snapshot as possible. Any notable exclusions or needed corrections should be directed to podscape@Magellan.ai for the next edition, currently slated for sometime in February.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
LiveOne to spin off PodcastOne into public company, Slacker possibly next by Kurt Hanson for RainNews. This short piece includes a source link to the SEC filing from LiveOne indicating the upcoming spinoff.
Podcast Vet Laura Mayer To Lead Podcast Creative At ABC Audio from PodcastNewsDaily. Exciting closure for listeners of Shameless Acquisition Target, as host Laura Mayer has landed a choice role at ABC Audio after selling the RSS feed to her year-long podcast project.
NPRâs Student Challenge is Back from NPR. For its fifth consecutive year, the NPR Student Podcast Challenge will run from January through April, encouraging middle and high-school students to produce podcasts in hopes of winning the grand prize of a $5,000 scholarship.
The best and worst campaigns of 2022, according to industry creatives by Kelsey Sutton, Ryan Barwick, Minda Smiley, and Alyssa Meyers for MarketingBrew. A fun weekend read, this look back at the previous year features some pivotal moments in online marketing. From catchy songs about plant-based chicken nuggets to people in neon t-shirts being creepy at baseball games, 2022 had a wide variety of campaigns.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Join Bryan in kicking off this year with a review of the notable acquisitions and fundraising that happened in 2022.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
See omnystudio.com/listener for privacy information.
ChatGPT and other new forms of chatbot are already able to credibly write like humans, and itâs getting harder to tell who - or what - writes any given blog post. This week, Tom explains why this is a good thing for podcast creatives, and not the apocalypse.
Credits:
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
See omnystudio.com/listener for privacy information.
This week: Amazon advertises podcasts offline, Twitter dissolves its Trust and Safety Council, Automakers phasing out AM radio, and a roundup of new research published this week.
Amazon pushing podcasts offline.
Manuela: This Monday Podnews covered Amazon Musicâs new physical-space advertising campaign for their Best of 2022 podcast selections. The best-of collection has prominent placement on the front page of Amazon Music, and now the streamer is promoting it in England and France. From Editor James Cridlandâs coverage:
âIn London, ads will be appearing for the next two weeks promoting ten of the top podcasters. The company also carried audio ads within the Wondery network for the chosen podcasts, and produced social media assets.â
The ads in London primarily take the form of projected billboards on blank brick walls, along with a more traditional advertisement for the podcast +44 on a digital billboard in Waterloo station. In Paris, poster-sized digital placements for Amazon podcasts were spotted at Gare du Nord, the busiest train station in Europe.
Twitter Trust and Safety Council Dissolved
Arielle: Continuing the trend of a lot happening in a short amount of time at Twitter, the social media giant has dissolved its Trust and Safety Council. Originally booked to meet this Monday, members of the council told the Financial Times the meeting was canceled via email with only an hourâs notice. From Dave Leeâs reporting:
âThe council was created in 2016 to solicit advice from dozens of experts and external organisations on how Twitter should tackle harassment, mental health issues and child exploitation, as well as suicide prevention. But in a note sent to members on Monday, the social media company said the council was no longer the âbest structureâ to gain outside insights on its policies.â
The dissolution of the council comes four days after three prominent members resigned, citing concerns over the leadership of new Twitter owner Elon Musk. From the trioâs group statement:
âWe are announcing our resignation from Twitterâs Trust and Safety Council because it is clear from research evidence that, contrary to claims by Elon Musk, the safety and wellbeing of Twitterâs users are on the decline.â
One of the largest social media platforms has quickly become a problematic place for advertisers. Meanwhile, as data from the new Sounds Profitable study Safe and Sound attests, podcasting is uniquely positioned to welcome them to a brand-safe and suitable environment.
As the studyâs data attests, podcastingâs opt-in nature creates an environment where programs that feature offensive or uncomfortable content largely have an audience of listeners who are fine with such content. And, more importantly, they tend to have audiences who are supportive of brands who sponsor that podcast. Listeners also tend to be forgiving for outlier examples of offensive content if they prefer podcasts that donât discuss such things. From the study:
âRegular listeners to otherwise non-offensive shows will highly likely return to the podcast after a single episode featuring uncharacteristically offensive content.â
As advertisers begin to shy away from brand-unsafe places like Twitter, podcasting finds itself uniquely-suited to be a leader in brand safety and suitability.
Automakers sundown AM Radio in New Vehicles
Manuela: On December 1st, Senator Edward J Markey of New York sent a letter to the CEOs of several major automotive brands in the US, including Toyota, Volkswagen, and BMW. The letter strongly urges them to reconsider the growing trend of not offering AM radios in new electric vehicles.
Why is this a trend? Hereâs James Gilboyâs explanation from a July article for The Drive:
âSo are highly complex EVs incompatible with one of the oldest, simplest electronics? BMW and Volvo told me it was due to audio quality problems rooted in electromagnetic interference, of which EVs' drivetrains produce a significant amount. Cars' engines and other complex electronics have always made EM interference, but low-wattage static is relatively easy to shield against. It's not as simple with EVs that may pull hundreds of watts from their batteries, generating far more interference, reducing audio quality to a level both BMW and Volvo told me they consider insufficient.â
Gilboy goes on to say he finds it difficult to take that explanation without a grain of salt, as US automakers circumvent the EM signal problem without issue. A common thread Gilboy notes is the manufacturers who have phased AM out of EVs tend to have strong roots in European markets.
âThe frequency has largely been superseded by the DAB format, which is a more advanced form of radio broadcasting with better audio quality and choice of stations. AM radio stations and their listeners are all but gone in Europe, so European carmakers may not need to include technology that many of its customers can't use.â
Understandably, the radio industry isnât happy with this trend. Gilboy points to the Edison Research stat from 2018 citing 45% of radio listeners only listen to the radio in their car. Senator Markeyâs letter ends with three questions asking automakers to give definitive answers as to whether they intend to fully stop offering AM and/or FM radio in future vehicles. If so, his followup questions press them to provide reasoning as to why. He provided a self-imposed deadline of December 22nd for answers to these questions.
Research Roundup: Podchaser, Podsights, Bumper.
Arielle: âtis the season for more data. Usually we round out the episode with a collection of articles called Quick Hits, but this week weâre switching it up. Hopefully you saved some room after reading Safe and Sound, as weâve got three new podcasting research studies to share.
First up: Yesterday Podchaser published a new report titled Whatâs the Best Day to Publish a Podcast? The study uses six months of data from the top 50 thousand podcasts to segment data by genre.
For those wondering: the most popular day overall for a podcast to release is tied between Wednesday and Thursday, at 17.4%. Monday and Tuesday bring up second place with 17% share of episodes each. Saturday brings up the rear as least-popular, with only 7.1% of podcasts released.
Up next: The newest edition of the Podcast Advertising Benchmark Report from Podsights is here and contains good news. This newest report, compiled from nearly 11 billion impressions from 4.2 thousand campaigns, cites the average purchase conversion rate has increased 19% since last quarter.
Finally, a new blog post from Bumper seeks to answer the age-old question of whether or not to post a podcast during the last week of the year. Published this Tuesday, Bumper published their findings from a team-up with Simplecast that examined both podcast episode publication rates and listenership data from the final week of December in 2021.
Bumper started with a sample size of 988,235 podcast episodes from Apple Podcasts, all published in December 2021. They were then sorted by release date to form a graph depicting release cadence by day throughout the month. For comparison, Bumper did the same with data provided by the Simplecast team from the same period.
The two graphs reflect similar patterns: a visible dip in publication cadence during the final week of the year. The blog then goes on to discuss starts, stream, and play data from two podcasts that volunteered their data from the same time period, which examines if anyone is listening to podcasts during that final week of the year. From the blog:
âYour reaction to this data is a bit like a Rorschach test. You can see in it what you want: an excuse to skip a week, or an opportunity to try and stand out from the crowd during an otherwise quiet period.â
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
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Brand Safety and Suitability are among the hottest topics in podcasting. But how do the listeners feel? Thatâs Tomâs topic in this weekâs Sounds Profitable.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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Building an app for podcast listeners is a tough sell in this world where Spotify and Apple are so dominant. But Realm has been in the game for a while and have a dedicated fan base â both of the app they launched years ago and the content thatâs contained therein. In this episode, Bryan Barletta speaks with Rachel Prisock, head of data and engineering at Realm, about building, maintaining, and utilizing the app as an audience engagement and measurement tool.
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This week: Sounds Profitable publishes brand safety and suitability study, Edison publishes top podcast networks by reach, Libsyn unveils November 2022 podcast advertising rates, Spotify unveils its top five podcasts in Wrapped, and GroupM and Magna predict a âdurableâ ad market next year.
Sounds Profitable publishes brand safety and suitability study Safe and Sound
Manuela: We begin todayâs show with something close to home. Yesterday Sounds Profitable debuted its latest research project, Safe and Sound. The first-ever study of brand safety and suitability from the listenerâs perspective.
âSafe and Sound surveyed a representative sample of 1093 podcast listeners to find out what they consider âoffensive,â what they are tolerant of, and how they view the brands that support podcast content when it pushes their boundaries.â
The study delivers a wide range of findings, ranging from bombshells like the idea political ads are unpopular with audiences - regardless of political party - to taking the temperature of what audiences consider most offensive. Spoiler alert: people dislike racist language.
That said, it looks like offensive content might not be as toxic to a podcastâs overall image as initially assumed. When asked how they felt about brands that advertise or sponsor a podcast where a guest or host said something offensive or uncomfortable, an average of 30% of respondents said their feelings about the brands had not been changed.
When presented with the situation of a podcast someone regularly enjoys having an uncomfortable or offensive episode, 49% of respondents said they would stop listening to that particular episode but continue listening in general, while 31% said theyâd continue listening to the outlier episode regardless.
The data suggests podcast-listening audiences take a more holistic approach to offensive content on podcasts they already have a relationship with. In general, listeners appear to not hold a single out-of-character episode against a podcast theyâre familiar with.
Edison Top Podcast Networks
Shreya: This Tuesday Edison Research published the Q3 edition of U.S. Top Podcast Networks, by Reach. Listeners of The Download might remember Spotify took the lead back in Q2, just edging out SiriusXM Media. This last quarter SiriusXM has overtaken Spotify and returned to the top, leaving the top five at SiriusXM Media, Spotify, iHeartRadio, Audioboom, and NPR, with Wondery eyeing the top five from sixth place. From the Edison blog post:
âWithin the top ten, the biggest jump in rank goes to Wondery/Audible/Amazon Music, up two rank positions, propelled in part by their acquisitions of major shows like Morbid and My Favorite Murder. Bubbling below the top ten, WarnerMedia gained three levels in rank, now up to 14th.â
Once more SiriusXM takes the top spot, but not without Spotify having broken their streak of having been at the top since Edison first started publishing top network by reach reports.
Libsyn Unveils November 2022 Podcast Advertising Rates
Manuela: Continuing our unplanned theme of discussing data, letâs take a moment to talk about CPM.
Last Thursday Libsyn published the November edition of their monthly CPM rate roundup from AdvertiseCast.
âThe Company releases the figures to empower the podcaster and advertiser communities to readily monitor market pricing and provide greater insight into podcasting advertising as a monetization vehicle. The data is derived from actual sales data across AdvertiseCastâs network of over 3,000 shows, including more than 225 exclusive podcasts.â
Rates are continuing to increase, little by little. Last month the average CPM rate was $24.75 for a sixty-second ad spot, up 78 cents from the October average and a 6% year-over-year increase from November 2021.
The report notes that the lower end of the spectrum contains fiction, television, and news content, averaging in the low twenties. On the high side, however, a familiar face for listeners of The Download. Weâve covered the meteoric rise of Kids & Family podcast content multiple times and its popularity continues into this November. The top four highest-earning categories in November are:
Technology and Health & Fitness, tied for third place at $26. Science at $27. And at the top of the leaderboard, Kids & Family at $28, over three dollars higher than industry average.
Spotify Wrapped is here, including its top podcasts
Shreya: Some of you might have noticed a deluge of vibrant colors and boasting about listening habits last Wednesday, as the annual Spotify Wrapped dropped. Kimeko McCoy, writing for Digiday last Thursday, explains how big this yearly infodump has become:
âItâs an awareness campaign that utilizes user data to serve up usersâ favorite songs, albums and podcasts to be shared across social media platforms via the app, engaging more than 120 million users last year, according to Spotify. This year, Spotify has launched its Wrapped presence in Roblox, with the goal of tapping into an even bigger audience.â
What originally started as a year-end recap in 2015 has grown to a marketing event large enough to necessitate a custom presence in one of the most popular online games. Since entering the podcast space, Spotify has also begun publishing a Podcast Wrapped.According to Ariel Shapiro in last weekâs issue of Hot Pod, the top five podcasts on Spotify this year are, in descending order:
The Joe Rogan Experience
Call Her Daddy
Anything Goes with Emma Chamberlain
Caso 63 (in all languages)
And, finally, Crime Junkie.
This year only two of the top five podcasts arenât Spotify exclusives, though one of those two is set to become an exclusive early next year. Only the highly successful Crime Junkie breaks through the blockade of podcasts with strong Spotify ties.
Shapiro attributes this to Spotifyâs ability to promote in-ecosystem properties like Caso 63 and its English adaptation Case 63, while podcasts that release on multiple platforms have to deal with divided metrics. Anything Goes performs well on Spotify, but it doesnât necessarily translate to similar performance on Apple Podcasts. While it got third place on Spotify for the year, Shapiro notes Chamberlain didnât make it into Edison Research's top fifty most-listened-to podcasts report for Q2. From the newsletter:
âThe list, therefore, tells us more about Spotifyâs strategy than it does about the overall market.â
GroupM and Magnaâs Global Ad Forecasts Predict A Durable Ad Market
Manuela: For our final story today we bring up a bit of good news n the face of a recession that weâre either already in, or about to enter (depending on who you ask). Hana Yoo, writing for AdExchanger, covered reports from both GroupM and Magna this Monday.
âGlobal advertising revenue grew 6.5% in 2022 and is projected to grow 5.9% in 2023, according to GroupMâs global year-end industry growth forecast. Meanwhile, Magnaâs December global ad forecast predicts 4.8% growth in 2023 after 6.6% growth in 2022.â
Yoo notes that these projections are lower than earlier forecasts. Revised versions to meet current numbers, such as Magnaâs earlier prediction of a 6.3% growth for next year. Still, as Yoo reports GroupMâs official line is theyâre looking at 2023 with âconservative optimism.â From the article:
âAnd Magna is on the same page. Although weâll likely see âa slight slowdown in advertising revenue growth in an uncertain economic environment,â said Luke Stillman, Magnaâs SVP and group director of global market intelligence, growth should reaccelerate during the second half of the year.â
In addition to forecasting overall growth, GroupM also anticipates retail media to grow from 101 billion to 110.7 billion in revenue next year. They also note CTVâs particular resilience during COVID and its upward trends, even while paid TV subscriptions slip.
Forecasts for next year arenât cloudless skies, but theyâre also not trending towards thunderstorms just yet.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Whatâs going on in audio advertising? Spotify grows, podcasts go global, and radio is a safe bet, by Shreya Feger for Insider Intelligence. A brief three-point breakdown of insights into the state of audio advertising and predictions for next year.
Rephonic analyzed its podcast database to share opportunities for podcasters on Patreon, from last Thursdayâs issue of Inside Podcasting. A brief breakdown of Rephonicâs blog post detailing their findings regarding podcasting on Patreon.
Magellan AI Taps Experian to Improve Attribution by Magellan AI. A brief press release explaining their new partnership with Experian to use the Experian Identity Graph to power Attribution by Magellan AI.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Just what is a Sounds Profitable DeepDive, and what have they covered this year? What drove Bryan Barletta to create them in the first place? Read on to find out.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: Samsung Free app issue causes spike in downloads, Transistor joins email spam prevention movement, How streaming TV is bracing for the recession, and Spreaker debuts two new offerings, one of which sounds like a cool robot.
New auto-playing Samsung app spikes downloads.
Manuela: Our top story this week, fitting for a holiday weekend, is one of collaboration and teamwork against all odds. Last week Samsung launched the Listen tab on Samsung Free, a media streaming app pre-installed on every Samsung Galaxy smartphone.
When clicked on, the Listen tab would open a full-screen player with a three second timer. If not manually stopped within the three seconds, the app would begin to auto-play segments of featured podcast episodes, with each episode in the queue pre-downloaded for instant play. This auto-downloading and auto-listening lead to podcasters seeing a sudden spike of listens coming from the Dalvik user agent.
Like something out of a heartwarming holiday special, the podcasting community came together on a long weekend to work together and solve the problem. In the Sounds Profitable Partners Slack channels, employees of Audioboom, Triton, Spreaker, and others jumped into threads to discuss how to handle the issue.
James Cridlandâs Monday edition of the Podnews segment The Tech Stuff details why a download spike from Dalvik isnât necessarily an easy fix. Cridland says:
âSome podcast hosting companies have blocked the âDalvikâ useragent entirely. However, blocking Dalvik - even with the Samsung model numbers - will also block, among other things, Google Newsâs audio player, which uses an identical audio useragent. At least one app powered by Podcast Index also uses this generic Dalvik useragent along with PodcastAddict, and Indian podcast app Gaana also retains Dalvik in its useragent.â
Luckily, thereâs a happy ending to this Thanksgiving story. Multiple employees on a holiday weekend managed to get the attention of Samsung, a company only just now entering podcasting, and get the problem fully solved. According to Podnews reporting, Samsung Free content partner Acast has since demonetized any traffic from the Dalvik user agent, and a fix to the app to prevent any future download spikes is set to be published soon.
What could have been a massive headache for many people was quickly resolved fully without any half-measure bandage fixes, all on a holiday weekend, thanks to the cohesiveness of the community. That we can certainly be thankful for.
Transistor joins email spam prevention movement.
Shreya: Back on November 3rd we covered Buzzsproutâs announcement that they were removing email addressed from podcast RSS feeds. Presented as the company âfighting back against email spam,â Buzzsprout only inserts a podcasterâs email address into the feed on request to verify the feed with other services and platforms.
On August 22nd Apple Podcasts announced updates to RSS feed requirements in 2023, including the end of support for the âownerâ tag.
âThe owner tag and its contact information, including email, will no longer be recommended.â
In addition to Buzzsprout embracing the email-free future, Podbean and - most recently - Transistor have joined the cause. From their blog post this monday:
âUnfortunately, because podcast feeds are public, spammers can scrape these email addresses and use them to send unwanted emails (like pitches for guests to appear on your show).â
Meanwhile, yesterdayâs Podnews published an alternate take on this move to prevent email spam. The Canadian Podcast Awards told Podnews they neither agree with nor support the removal of email addresses from RSS feeds. From yesterdayâs issue:
âWe do not have any plans at the moment to support feeds without contact information.â
Email spam has become a growing problem in podcasting. Back in July, James Cridland published the results of an email spam-trap heâd created in the Podnews RSS feed. Over the course of three months his experiment received 240 unsolicited commercial emails.
Similarly to Buzzsprout, Transistor has removed email addresses from the feed by default, but include a tool to manually reveal it for verification purposes. In addition, they now have a verification code entry field designed to work with Apple Podcastâs new code-based verification system.
A new verification method that, hopefully, will help ease the concerns of objecting organizations like the Canadian Podcast Awards.
How streaming TV is bracing for a recession
Manuela: Depending on who you ask, the next recession is either here already or fast approaching. On November 17th Maia Vines, writing for AdAge, published a piece detailing how streaming television is battening down the hatches. From the article:
âBrands have already started to re-prioritize where they are placing their ad dollars, said Lisa Herdman, senior VP and executive director of strategic investments at RPA.â
Heather Stewart, General Motorsâ general director of global media and marketing services presents a contrasting opinion: she expressed concern advertisers might be talking themselves into a recession with reactions to false indicators.
After over a decade of consumers demanding the death of the traditional model of cable television bundling providers together, the a la carte model has begun to slip as multiple platforms come under control of media conglomerates. Currently Paramount, Warner Bros. Discover, and Disney either already group multiple services into one bundle or are planning on offering one in future.
A proposed path to soothe worries during economic downturn is commerce-enabled TV and interactive ads. Netflix VP of advertising sales Peter Laylor told AdAge:
âOne thing that I think is a great opportunity is maybe a dual-screen experience, and people have experimented there, but the research shows that the vast majority of people have their phone with them when they're consuming TV streaming content.â
Even with new tactics and status-quo breaking experiments like bringing one-click-buy options to streaming TV in US markets, thereâs a consistent throughline to how streamers are prepping for a recession: theyâre making things simple for the consumer.
A task podcast advertisers have been refining since the format required listeners to manually copy an MP3 file to an iPod.
Spreaker debuts first-party data audience segments, MAGDA brand safety tech.
Shreya: Time for a special Spreaker segment, as the platform has made two large announcements while we were gone on holiday break and itâs time to get you up to speed.
Starting on the 17th, they announced a new first-party data for high-impact audience segmentation and targeting solution that is now available for both programmatic and direct sales on the Spreaker network. MartĂn Haro, Data and Insights Lead at Spreaker says in the press release:
âNow with Spreakerâs first-party data audience segments, our solution ingests data through AI and machine learning from real listenersâ listening patterns, behaviors, and podcast content, which has enabled us to build specific audience segments that have proven to be 3X more accurate than third-party data.â
Then, yesterday, the platform followed up with a brand new tech with a cool name:
âSpreaker, the global leader in programmatic ad tech, today announced its first-to-market M.A.G.D.A technology to increase quality in programmatic advertising. This unprecedented technology is set to transform programmatic podcast advertising, adding a layer of control to protect content creators.â
In addition to sounding like a cool robot sidekick from an 80s movie, M.A.G.D.A bridges a gap in brand safety and suitability. Advertisers are well-covered on their end, now Spreaker can provide an extra layer of protection from the publisher side.
Blocking IAB categories to avoid certain kinds of advertisements works pretty well, at least until a campaign is mis-categorized. Spreaker has now solved for that. From the press release:
âM.A.G.D.A technology works by transcribing programmatic ads that go through the Spreaker ad marketplace in real-time. Spreaker has created machine-learning models to auto-categorize ads. In addition, the technology can also detect miscategorized ads. For example, if a political ad is miscategorized as fast food M.A.G.D.A will flag this for rectification.â
What does the M-A-G-D-A stand for? The name serves a dual purpose. First, it stands for Machine Augmented Guard for Dynamic Advertising. Spreaker explains:
âHowever, Magda is also a member of the Spreaker team. She was the first person to work on ad quality control for the company, and today Spreaker has an entire division dedicated to ad quality spearheaded by Magda herselfâthe company felt it fitting to name the technology after her.â
In addition to having a touching name dedication, M.A.G.D.A is a fascinating piece of tech that provides a much-needed bit of security in an industry very much concerned about brand safety and suitability.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Can We Stop It With The Brand Safety Double Standard Already? By Allison Schiff for AdExchanger. An opinion piece that addresses a proposed double-standard advertisers have with brand safety concerns. Schiff points out the same brands skittish about serving ads on journalistic content featuring negative stories are prominently featured in between bouts of serial killer-crafted gore on her nightly watch-through of Criminal Minds on Hulu.
Google and iHeartMedia allegedly paid radio talent to promote the Pixel 4âwithout ever giving them the phone, according to the FTC, by Ryan Barwick for MarketingBrew. Barwick covers the details of a recently-settled case in which the FTC alleges iHeartMedia gave on-air talent scripts for testimonies about how much they loved using a Google Pixel phone they had never actually used.
The Cumulus Media & Signal Hill Insights Podcast Download Fall 2022 report is now available. This year features special focus on the growing prevalence of podcasts with video elements. This includes a finding that 28% of consumers prefer actively watching a podcast with a video component.
The Last Yard - the blog post that started it all, by Adam Curry, published to Podnews. Thought lost for years, a copy of Adam Curryâs 2001 blog The Last Yard has been discovered on the Wayback Machine and duplicated by Podnews with permission. A piece of industry history, Curryâs post lead to a meeting with Dave Winer that lead to the creation of podcasts.
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Multitude Productions has an impressive array of podcasts, resources, events, and more going for them. In this episode, Bryan Barletta speaks with Multitude CEO Amanda McLoughlin about building the company, how they handle relationships with advertisers, scaling, and so much more.
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This week, Bryan comes at things from a different perspective, specifically that of the ways that the podcaster and audience interact. From how we convert a follow to a subscriber, to weighing and prioritizing each subscription solution from both the podcaster and listener perspective, and most importantly to exploring the upper limits of what we can accomplish under a subscription offering.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week on the Sounds Profitable Deep Dive, Bryan Barletta is joined by SoundStack CEO Jon Stephenson to embark on a three-part journey through what the audio-as-a-service company has to offer. Tune in to learn how the SoundStack platform makes podcast hosting/distribution, broadcast-to-podcast, and monetization really simple.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This Week: Apple Podcasts is using machine learning to tag episodes, IAB to require annual recertification, Edison Research shares Share of Ear Q3 statistic, and Headliner announces automated YouTube integration.
Bumper Discovers Apple Podcasts Assigns Topics Automatically.
Manuela: This Tuesday Bumper co-founder Dan Misener posted a new discovery that explains how Apple Podcasts can recommend individual podcast episodes based on topics discussed. The example Misener uses is an episode of Today, Explained which, if one opens the web page source on Apple Podcasts, is tagged with twenty topics ranging from broader concepts like âworld politicsâ to individual names of celebrities and politicians mentioned in the episode.
The catch? Those keywords and topics do not appear anywhere in the episode description or RSS feed. The only way to assign them to that particular episode is a transcript. From the article:
âHereâs my best guess: Apple is using machine-generated transcriptions, then applying natural language processing techniques like topic modeling to generate lists of relevant topics on an episode-by-episode basis.â
According to Misenerâs reporting, the current top 250 podcasts on Apple Podcasts consists of 70,094 episodes. Approximately 63.5% of those episodes are currently tagged with topics generated by Apple.
âHereâs my best guess: Apple is using machine-generated transcriptions, then applying natural language processing techniques like topic modeling to generate lists of relevant topics on an episode-by-episode basis.â
The topics are also ranked with a per-episode relevance score and appear to be integrated into the Apple Podcasts search function. Misener tested this by searching the phrase âwar in Donbass,â which he had seen as a tag on Today, Explained. Apple Podcasts returned an episode of The Inquiry that discusses the issue at length, but also does not specifically include those keywords in the title or description. This suggests the assigned topics influenced its search ranking.
As Misener says in his breakdown of what this means for podcasters, the implications of this automated topic system are numerous and all signal better relevancy in podcast discovery. SEO now goes far beyond what they chose to include in RSS feeds.
In response to the Bumper article, Podnews has quickly developed an episode topic viewer. Visitors can type in the name of a podcast and choose one of the 20 most recent uploads to see what topics Apple has assigned. That is, if it has been assigned any at all. Unfortunately the Sounds Profitable feed has not been fed through their machine learning, so we donât know what Apple thinks last weekâs episode of The Download is about.
IAB to require annual recertification.
Shreya: Last Thursday Podnews reported the Interactive Advertising Bureau is now requiring annual re-certification from podcasting companies. The information came from a note Podnews editor James Cridland discovered on the IAB website. From the IAB post:
âAs podcast listenership increases and the technology to support that listenership improves, the podcast technical measurement capabilities are continuing to evolve at a rapid pace. As such, and to be aligned with other industry auditing programs, IAB Tech Lab is updating its compliance program to require annual recertification. â
The post then cites the fact several complaint companies were certified on the 2.0 version of the standards but have not re-certified under 2.1. As of this podcast 12 of the 25 companies on the IAB list are certified for 2.1. \
For context: version 1 of the Measurement Technical Guidelines was released in September of 2016. Version 2.0 released the following September. Version 2.1 released five years later, finalizing in February of 2022. The bulk of the updates in 2.1 involve guidelines blocking the Apple Watch user agent to prevent duplicate download stats.
Members of the audio committee and the tech lab were not briefed on the upcoming changes prior to Cridlandâs reporting on this story. Using numbers available on the IAB website, the original Podnews report cited the cost for annual recertification at $45,000, split between a $35k certification fee and $10,000 annual membership fee.
The page has since been updated to reflect previously un-announced, cheaper certification prices. Now the cost of initial certification is $17,500 for non-members and $12,500 for members. Recertification will cost $8,750 and $6,250 for the same respective categories.
Reducing the price for certification is a step in the right direction, creating more competition and reinforcing standards that others are likely to flaunt when compared against those who decide to merely be IAB compliant instead of IAB certified.
An issue remains the recertification itself, as the process has had a life cycle of six years between 2.0 and 2.1 with no commitment whatsoever to improvements in the certification process to drive interest into certification. Third party solutions like Podtrac have been shown to receive special accommodations that allow them to uphold questionable behaviors. The most recent example of such behavior being Podtracâs honoring of downloads for iHeartRadio podcasts generated by auto-playing web players into video game ads, classifying them as legitimate.
Going forward, we hope the IAB standard is applied consistently, updated with more regularity, and accessible to as many companies in the space as possible.
Podcast reach with people 13+ growing, Share of Ear shows.
Manuela: Last Thursday Edison Research published a bit of data from the Q3 Share of Ear that shows good news for the growth of podcasting. The issue of Weekly Insights opens with fond recollections of Cliffhanger, a popular price-guessing game segment on the game show The Price is Right. The game featured a model of a mountain climber making his way up a cartoon mountain based on correct or incorrect bids made by the contestant.
A mountain not unlike the positive trending growth represented in the graph
âIn 2014, the first year of the Share of Ear survey, podcasts reached 5% of those in the U.S. age 13+. As of our most recent data, Q3 2022, podcasts now reach 18% of those age 13+ in the U.S. â a 20% increase in the past year (Q3 2021), and over three times the reach of 2014. The years in between show a steady growth in reach. There have been some fluctuations in podcast reach from quarter to quarter as we saw the beginning and end of quarantine restrictions, but this graph that shows the climb of podcast reach should be encouraging for the podcast community.â
Headliner Releases YouTube Auto-Upload
Shreya: This Monday the Headliner blog posted a video and short article announcing their newest feature.
âYouTube has become one of the hot ticket items in podcasting, and for good reason. Each month over 2.6 Billion people go to the site and watch videos. YouTube is a great place to get your podcast in front of new audience and increase your listenership. If you want to get your podcast on YouTube, but have a bunch of older episodes that youâd like to upload, this feature will save you tons of time.â
In addition to Headlinerâs normal offerings that allow podcasters to generate animated video clips for social media from their podcast audio, Headliner subscribers at the Pro and Enterprise level can now create a template that will then automatically generate a full-episode video and upload it to the podcastâs YouTube channel.
This automation comes at the perfect time as YouTube pushes its interest in podcasting and podcasters, small and large, comes to terms with sizable backlogs of audio-only content.
Fundraiser Roundup
Manuela: Occasionally when there have been a few stories involving fundraising in podcasting and podcasting-adjacent companies, we graduate them from Quick Hits into their own small segment. Today we have two success stories to round out our coverage of news from the past week:
Last Wednesday Swedish audiobook and ebook subscription service Storytel announced they have raised 400 million krona, equivalent to 37 million US dollars.
Then, on this Tuesday, French digital audio and podcast monetization startup Audion announced they have raised six million euros in Series A funding.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Alex Blumberg is leaving Spotify. A tweet from New York Times reporter Ben Mullin last Tuesday announced the Gimlet Media and Startup star has left Spotify, where he has worked on Gimlet since its $230 million dollar acquisition in 2019.
Goodbye Podland, hello to Podnews Weekly Review. On November 4th the Podnews Weekly Review published its 100th and final episode, technically. The feed has been rebranded to Podnews Weekly Review, starting with its first episode last Thursday.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Podcasts and Audiobooks are crossing the streams of spoken word content - what else is possible? This week, Tom Webster looks at ideas for hybrid non-fiction content that could open up whole new sources of revenue.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: Why sports podcasts are a slam dunk for podcast advertisers, our quarterly earnings roundup, how the buy-side of advertising defines âpremiumâ content, how podcast advertisers are embracing Latino podcasting, and Netflix launches their ad-supported tier.
Why sports podcasts could be a slam dunk for advertisers who know how to navigate the in-demand space
Shreya: Thereâs no denying the synergy of sports and advertisers during regular game seasons, but a new article from MarketingBrewâs Alyssa Meyers highlights how podcasts can easily fill that gap the rest of the year.
âThe sports podcast genre is among the top five most popular in the US, according to Edison Research, and the percentage share of ad revenue for that category more than doubled from 2020 to 2021, according to the Interactive Advertising Bureau.â
Several of Meyersâ sources stress that sports is one of the most in-demand podcast genres for ad buyers. Steven Abraham, president of the Oxford Road, said the agencyâs biggest clients are interested in the space due to its reach with an active and engaged audience.
âA good sports-podcast media plan includes both, according to Abraham. Major shows that cover entire leagues or sports news in general can provide the benefit of reach, but fan-led shows that focus on specific teams tend to be more targeted and affordable, he said.â
Regardless of a showâs popularity, the CPM of a sports podcast has the benefit of flexibility even in the off season. Locked On Podcast Network CEO David Locke reports listenership spikes more during off-season times like trade deadlines than during important games during the normal season.
Traditional media has spent decades refining their infrastructure around courting sports fans when players are on the court. Podcasting has the flexibility and staying power to capitalize on sports fandomâs dedication for their favorite pastime and make sporting content a perennial avenue for advertisers.
Podcasting Companies Post Q3 Earnings
Manuela: Itâs time for whatâs becoming a quarterly event here on The Download: quarterly earnings reports are here!
Most of what weâre reporting on today has been released in the past week, but in the interest of gathering everyone together, weâll open with Spotify. As we covered back in October, Spotify shares dipped after their earnings call, in which CEO David Ek announced price increases coming in 2023.
In good news for Big Green: they report 456 million monthly active users, up 20% year over year, 195 million of which are paying subscribers, representing a 13% year over year jump.
iHeartMedia is up 7% year over year on revenue, with a Q3 total of $989 million. Their Digital Audio Group revenue hit a 23% year over year increase, with podcast revenue hitting $91 million dollars.
On Wednesday Veritone posted their Q3 financial report. $37.2 million in revenue with 64% year over year growth.
Audacyâs financial report shows total revenue down 3.8% year on year. Their Digital revenue, including podcasting, made $62 million in the quarter. As Podnews James Cridland reports, this is up 2% year on year but 10% down quarter on quarter. Cridland also said:
âThe company is threatened with stock market delisting; stock hit a record low of $0.27 yesterday.â
Acastâs Q3 has been positive with revenue up 21%, amounting to $29.8 million USD when converted from Krona. In their significant events recap they list the Podchaser acquisition, the partnership with Wondery to translate and record successful podcasts in Italian, and their agreement with rep The New York Times and sell UK ad space on NYT podcasts.
They also note Amazon functionally purchasing all ad space on Acast podcasts through the deal struck just after the reporting period so Amazon can run Acast shows ad-free for Amazon Music subscribers.
How the buy-side of the ad industry is now defining âpremiumâ content
Shreya: On Wednesday Ronan Shields, writing for Digiday, published a piece covering how the buyer side of the market is defining premium ad content and the general mood of the industry in regards to the looming threat of recession. The piece quotes panels from multiple relevant conferences in New York City last week.
âJust about everyone in the industry is bracing themselves for a recession with swinging cuts to advertisersâ budgets expected, fellow panelists Jesse Fisher from Horizon Media and GroupMâs Esra Bacher offered insights into how marketers would make budgeting decisions. They both pointed out how priorities will delineate depending on whether they are an emerging or mature brand.â
Fischer predicts smaller brands will focus more on awareness campaigns instead of focusing on ROI.
âBut if you look at a more mature brand, you know thatâs really well positioned⌠they might shift spend into more measurable channels and types of activations because they really want to make sure that if theyâre spending a million dollars, theyâre able to see $1.1 million in ROI.â
Programmatic Investment Lead at GroupM Esra Bacher suggests marketers and media agencies have evolved enough to withstand the brunt of an anticipated economic downturn better than the 2008 recession that lead to sweeping cuts.
While DSPs and premium publishers are using tools like The Trade Deskâs OpenPath to form direct relationships, media agencies are similarly getting together with supply-side platforms. An anonymous source at Brand Safety Week told Digiday:
âItâs not possible for us to talk to 10,000 publishers, but it is possible for us to talk to 50 SSPs. So, we might look to see how much weâre spending with, say, 10-15 publishers via DSPs, and then look to see which SSPs have unique supply, unique data⌠and transparency on things like show-level dataâŚâ
Podcast listening by US Latinos is on the rise. Are ad dollars following suit?
Manuela: Back in August the third annual Latino Podcast Listener Report from Edison Research was published, as dedicated listeners might remember from our coverage. The report delivered promising news, including the statistic that 59% of US Latino adults have listened to a podcast at least once.
This past Wednesday Alyssa Meyers, writing for MarketingBrew, covered both the highlights of the report and how the podcasting industry is adjusting to the rise in Latino audiences.
Latina Podcasters Network and Latino Pods CEO Rita Bautista says their stable of 40+ podcasts broke six figures in ad revenue so far in 2022, working with brands like Ulta Beauty, Pfizer, and Gold Peak. The network does not run prerecorded ads, preferring host-read copy to ensure authenticity.
âThereâs absolutely a lot of interest in the Hispanic opportunity by many advertisers,â said Jesus Lara, president of Univision Radio, including its Uforia Audio Network. âThereâs other advertisers that will need a little more education.â
Lara stressed that authenticity has to be paramount when building ad creative. Ad Results Media VP of media operations and analytics Lisa Jacobs says she advises brands to only write copy in another language if they have someone fluent around to work on the translation. Jacobs told MarketingBrew this might seem self-explanatory, but there have been situations in the past where someone used Google Translate to try and convert copy to another language.
Bautista says sheâs seeing brands follow the advice of people like Jacobs, though there is room to grow.
âThe needle is moving. Itâs not moving as quickly as it needs to be, butâŚI do commend these companies that we've been working with for trying their best, and making sure that they are working on these efforts, and asking for feedback, and looking towards the right types of networks to advertise with in order to get this right.â
Brands advertising on Netflix include Louis Vuitton, Subway, and Duracell
Shreya: Previously weâve covered Netflixâs moves into making its cheapest tier an ad-supported one. Last week the platform officially launched the tier, charging $6.99 for âBasic with Adsâ in the US, as well as eight other countries. MarketingBrewâs Kelsey Sutton reports the ad loads are capped at four to five minutes of advertising per hour and the formats are pre-roll and mid-roll.
Sutton and others from MarketingBrew used accounts on the new tier to catch the new advertisement breaks in action.
âBrands we spotted while watching Gilmore Girls and Ozark included everything from luxury brands like Louis Vuitton, Tiffany & Co., and Bulgari to tech brands like Beats by Dre and Google. Apartments.com, Best Western, Booking.com, Cadillac, CeraVe, Duracell, Michelob Ultra, and Subway were also spotted in the mix.
Sutton reports the exercise found an average of three ad breaks per episode amounting to around 60 seconds total of midroll plus the preroll that ran before the episode began.
âIt remains to be seen how many of Netflixâs ~223 million global subscribers will opt to watch with ads. In a poll last month, most Marketing Brew readers said theyâd keep their existing ad-free subscriptions, but 14% each said theyâd either sign up for Netflix on its ad-supported tier for the first time or switch their existing ad-free subscription to the ad-supported tier.â
The new service isnât quite plug-and-play just yet, as Netflix has to renegotiate licensing agreements with studios before it can run advertisements on their properties. They also appear to still be working on implementing the measurement tools produced by their partnership with DoubleVerify, Integral Ad Science, and Nielsen.
While Sutton mentions some advertisers are waiting in the wings to gauge the publicâs reaction to the new tier, itâs clear plenty of big-name advertisers are interested in buying ad space on premium content. Netflixâs CPM for their new ad slots has been reported between $60 and $80. Itâs exciting to see both the interest and the price holding in a buyerâs market.
Now to see if Netflix can deliver long-term. For now we can only watch, both literally and figuratively.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
The holiday campaigns have begun- hereâs what weâre seeing so far by Katie Hicks for MarketingBrew. A breezy breakdown of what tact major brands are taking with their holiday season campaigns this year, with trends developing around addressing inflation and families celebrating together.
These Are the Salaries Warner, Amazon and Sony Offer For Audio Jobs by Ashley Carman for Bloomberg. Last weekâs issue of Carmanâs newsletter Soundbite features a look at salaries for a variety of companies working in audio now that New York City has passed a new law requiring good faith salary ranges on open positions.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Whatâs the episode about: If youâre a long time podcast listener, youâre probably familiar with promo codes. In this episode, we discuss how impactful they really are. And, is it possible that they could have even more impact for listeners, publishers, and advertisers? Tom Webster proposes an upgrade. Arielle Nissenblatt and Bryan Barletta are here to discuss with it with him.
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This week, Tom continues his thoughts from last week about what Podcasting can learn from Radioâs worst mistakes.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: Amazon Prime users get ad-free podcasts and music, Buzzsprout combats email spam, new ad placements at Apple cause brand safety issue, and a roundup of the three new podcast research studies.
Amazon Music adds entire music catalog, ad-free podcasts.
Manuela: On Tuesday David Pierce, writing for The Verge, covered the changes coming to Amazon Prime subscribers.
Previously, Amazon Prime members had access to a limited batch of 2 million songs from Amazon Musicâs extensive library. Now they have access to all 100 million songs in a limited shuffle-only capacity, similar to how a Spotify free account currently works.
The big change makes the Amazon Prime music offerings comparable to a free Spotify account. However, Amazon Prime members also get ad-free access to a fair few major podcasts. This includes podcasts produced by Amazon-owned companies like Wondery, as well as podcasts produced in partnership with outside companies, including NPR, ESPN, and the New York Times.
âAmazon is also working on podcast discovery. Itâs rolling out a new feature called Podcast Previews, which seems to be something like trailers for podcast episodes. Youâll be able to listen to âa short, digestible soundbiteâ before deciding to dive into an episode, which Amazon thinks could help discovery.â
Pierce says the feature is billed as being âswipeableâ and summarizes it as âTinder for podcasts.â
Sounds Profitable asked several large publishers and hosting platforms for their percentage of downloads from Amazon Music. All were below 1% of monthly volume. Giving Amazonâs over 250 million Prime subscribers ad-free access to podcasts might bring that percentage up soon.
In addition to the Prime members, those who pay the $9 monthly subscription fee for Amazon Music Unlimited but do not have Prime get access to the ad-free podcast listening and Podcast Previews tool.
Buzzsprout âfighting back against email spam.â
Shreya: This Monday, Buzzsprout posted a short update announcing a significant update to how theyâre distributing RSS feeds.
âEmail spam has increasingly become an issue for podcasters. Spammers and bots routinely scrape RSS feeds to collect podcasters' email addresses and send them junk emails.â
The inclusion of a producerâs email in the RSS feed has been a mixed bag in recent years. As Buzzsprout says, making it easily available leaves the door open for companies scraping data to create massive databases of email addresses specifically to cold-call in hopes of selling something relevant to podcasters.
On the other hand, anyone who has produced a podcast knows the RSS email is an integral part of the process, with many platforms sending an email to that address with a verification link to prove the person claiming they own the RSS feed is legitimate.
Buzzsproutâs solution to that issue is simple: a new button has been added to the dashboard that puts the account ownerâs email back into the RSS feed for 24 hours, enough time to verify the podcast
Barring any teething troubles with the 24 hour temporary email addition process, it seems like Buzzsprout has found an elegant solution to an inelegant problem.
Appleâs new ad placements immediately caused a brand safety crisis
Manuela: As covered in past episodes of The Download, Apple has been interested in expanding advertising offerings on its platforms. This Monday Insider Intelligenceâs Daniel Konstantinovic posted coverage of a brand safety speedbump Apple encountered when rolling out new ad locations on the App Store.
One of the new ad spots is in the âyou might also likeâ section recommending similar apps, allowing advertisers to promote their own app. On the 25th when the ads went live, users began to notice inappropriate advertisements appearing on the platform. The chief example of this provided in the article is an ad for the game Jackpot World - Slot Machines on the page for RecoverMe, a gambling addiction management app.
âThe influx of gambling ads led to an outcry from developers, who didnât want their apps associated with such services, and prompted Apple to indefinitely pause ads in the gambling category.â
Podcasting is no stranger to this kind of hiccup. Back in May, Spotify experienced an issue with their implementation of ads on podcast pages, leading to one Wild Turkey whiskey ad getting served to every podcast on the platform, including those about substance abuse and alcoholism, causing a small social media firestorm.
Growing pains happen with large platforms rolling out changes like this. In-depth rules and hands-on verification helps reduce issues when rolling out a new moving part, like ads on every app listing. Apple is looking into expanding similar ads into Apple Podcasts.
Itâs best to keep aware of how these changes happen and be comfortable reporting on them as they happen. Apple certainly doesnât want their own version of Spotifyâs whiskey snafu, but it doesnât hurt to keep an eye out when ad changes debut on any platform.
Podcasting Research Roundup
Shreya: Over the past week three new studies relevant to podcasting have been released, so before we close out with Quick Hits hereâs a brief rundown of what has just hit the airwaves.
The IAB New Zealand has published The Evolution of Audio 2022, built with data collected from 95 survey respondents in late August and early September.
âRespondents are decision makers or influencers in the allocation of marketing
spend across audio advertising including media buyers and publishers and sales
Teams.â
The survey came back with promising data, including several metrics reflecting New Zealand ad buyers have used ads in broadcast streaming and podcasting more than their Australian counterparts.
Then thereâs The Spoken Word 2022, from NPR and Edison Research. This edition comes with a special focus on younger demographics and how they interact with spoken word content. The study found a 214% increase in spoken word consumption in the 13 to 24 year old demographic compared to data from 2014.
According to The Spoken Word, an estimated 131 million people in the US over the age of 13 listen to spoken word content on a daily basis, an increase of 26 million over eight years.
And finally, the Q3 version of Magellan AIâs Podcast advertising benchmark report is here. The report examined over 78,000 episodes of popular podcasts to get a snapshot of the state of podcast advertising.
Notable findings include 1,878 new brands or products advertised with podcasts for the first time this quarter, a 2.6% increase quarter over quarter in podcast ad ok spending, and 36% of ads were thirty seconds in length.
Quick Hits
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Audiences say advertisers shouldnât avoid hard news, like war or COVID by Ryan Barwick for Marketing Brew. The results of a survey published by the Trustworthy Accountability Group and the Brand Safety Institute suggest audiences are of the opinion ads should be served on all high-quality journalism, regardless of story content.
TikTok developer ByteDance is hiring someone for Podcast Business Development. Two weeks ago we covered the breadcrumb trail of evidence showing TikTok is taking steps to get into podcasting in the near future. Recently, a job posting has appeared on the ByteDance website aiming to hire someone with at least five years of podcast licensing or podcast digital business development experience.
Market Enginuity Podcast Group becomes Soundrise, offering a ârevenue-focused partner for values-aligned podcast partners.â
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
This week we kick off a two part series on the lessons that podcasting can take from radio's struggles.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: A birds-eye view of how podcasting is doing political ads this year, Spotify stock drops after announcing price increase, podcast companies discuss diversity at Advertising Week and the IAB Upfront, and a massive new Nielsen study shows podcast ads universally boost brand metrics.
How podcast networks are making their own rules for political advertisingâand how they differ from one another.
Manuela: Midterm elections are approaching fast in the United States and that means political ads are on the rise. This Wednesday MarketingBrewâs Alyssa Meyers published an article giving an overview of how different publishers and networks are handling the sensitive issue.
âPolitical advertisers, including candidates and advocacy groups, have expressed interest in podcasts, according to several network execs, but not all networks want to play ball. And because the FCC doesnât regulate political ads in podcasting, the rules are left entirely up to platforms and networks.â
iHeart, Wondery, and Vox declined to comment on Meyerâs story, but those that did gave a wide variety of responses and opinions. Cadence13 has always been open to political ads, for instance. That said, the decision on whether or not to run any particular cause or campaign is left to the individual hosts of Cadence13 original podcasts. Spotify has flipped the switch to allow political ads again, having banned them after accusations of spreading disinformation during the 2020 presidential election. Curiously, both Apple Podcasts and Google Podcasts do not directly mention political advertising in their ad policies.
Due to government regulations, NPR cannot run political ads on terrestrial radio. CEO Gina Garrubbo told MarketingBrew NPR chooses not to run political ads on other platforms. Meyers continues:
âExecs from other podcast networks told us theyâre starting to see increasing interest from political candidates and issue-based organizations, and though theyâre open to these opportunities, some donât have formal policies in place yet.â
Shira Atkins, co-founder and CRO of Wonder Media Network, has taken the approach of allowing political ads but only as part of sponsored content or via baked-in host-read. She says the network has gotten pitches from PACs and candidates, but some have blanched at the idea of handing over creative control to a host instead of running an ad produced by the campaign.
âWhile political ad dollars arenât flooding the podcast space the way they are CTV, as the industry continues to grow, its political ad policies will likely continue to evolve and solidify, even if they differ across networks.â
If thereâs one clear consensus in the world of political advertising on podcasts, itâs that there currently is no consensus.
Spotify Shares Slip 10% After CEO Says Price Hikes Coming Next Year
Shreya: On Wednesday Denny Jacob, writing for The Wall Street Journal and reposted to MarketWatch, published coverage of the Spotifyâs Tuesday earnings call. The results were a mixed bag for Spotify.
âFor its third quarter, Spotify reported 456 million monthly active users, up 20% from a year earlier and above the company's guidance. Paying subscribers, Spotify's most lucrative type of customer, climbed 13% to 195 million, also exceeding the company's expectations, thanks to promotions and household plans.â
That said, Spotify also posted a Q3 loss of 195 million dollars. Spotify Premium has cost $9.99 since the service launched in 2011, but CEO Daniel Ek says thatâll change some time next year. Spotify shares fell 10% after the announcement.
Podcast companies want to increase diverse contentâbut say they need better ad budgets to do so
Manuela: Time for another article from MarketingBrewâs Alyssa Meyers, this one published on Monday. In it, she covers conversations about the podcasting industry stemming from Advertising Week New York and the IAB Podcast Upfront last week.
âPart of the push for more diversity in podcasting is about getting creators from different backgrounds behind the mic in the first place. Conal Byrne, CEO of the iHeartMedia Digital Audio Group, said that podcasting, like other mediums, has a problem with representation, but that there are efforts underway to âcourse-correct.â
Meyers cites the Edison Researchâs 2022 Infinite Dial to demonstrate that the average makeup of the regular US podcast listeners - 53% men and 59% white, has declined in recent years. She also notes the diverse makeup of podcast hosts is outpacing wider US population statistics, using statistics from The Creators, a study published by Edison Research and Sounds Profitable on June 28th.
Conversations about diversification also raise questions about brand safety.
âDuring Acastâs panel, global head of ad innovation Elli Dimitroulakos said that brand-safety tech can be imperfect as well, because it âhas been built by people with preconceived notions or biases.â
Dimitrioulakos provides the example of a retailer avoiding any instance of the word âbombâ in an attempt to distance themselves from any content to do with war, but in the process unrelated content like discussions of bomber jackets are caught in the crossfire.
âOr âif I say âa bomb lipstick,â Iâm not talking about a weapon,â added Brooke DeVard Ozaydinli, host of the Naked Beauty podcast.â
Tenderfoot TV co-founder and president Donald Albright says advertisers should be prepared to invest in the industry and support the diversity they want to see in the industry.
âBlack content is what creates the culture, all culture, so invest in that,â he said. âPut the money in it, and also pay a premium on it. Donât just pay the normal rate, pay extra, because youâre reaching a very targeted market thatâs going to set the trends. That should be more valuable.â
New massive Nielsen study finds podcast ads universally boost brand metrics, long ads work.
Shreya: On Wednesday Gillian Follett, writing for AdAge, covered a new Nielsen study purported to be the âlargest everâ study of podcast ads.
âThe study, titled âPodcast Ad Effectiveness: Best Practices for Key Industries,â consolidates the findings of 610 separate studies conducted by Nielsen to measure how ads inserted into podcast episodes affected several performance metrics, including brand familiarity, brand affinity and brand awareness. It also measured consumersâ intent to search for more information about the brand; purchase something from the brand; or recommend the brand to others.â
The individual studies cover a period of four years and involved over 147,000 respondents, leading to the claim this is the largest ever study of podcasting advertising effectiveness. This claim was made by study commissioner Magna, an investment and intelligence unit of IPG Mediabrands.
One notable bit of data is the finding that ads longer than 35 seconds drive better results than shorter creatives. Magna executive VP and managing director of audience intelligence and strategy Brian Hughes suggests this is due in part to the tendency for longer creatives to be tailor-made for podcasting. Shorter ads have a higher likelihood of being repurposed from another medium - such as radio - while longer ads likely have been built with podcasting in mind.
âAdditionally, podcast ads largely had the same impact whether they were read by the podcast host or they came from the brand. In fact, custom adsâwhich typically involve the host sharing their personal experience with the brand, according to Hughesâwere generally less effective than those that didnât feature the podcast host. The report points out that âcustom content may not be worth the price of creation given it lags in performance.ââ
Itâs also worth noting with both the results weâve covered and the rest in the article that Nielsenâs methodology actually suppresses positive results, in a way. Respondents arenât actually listeners of the podcasts theyâre being tested with. It then stands to reason that if a result comes back positive in this study, the results are likely even better with an individual podcastâs actual audience.
Quick Hits
Manuela:Finally, itâs time for our semi-regular roundup of articles weâve named Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Pocket Casts Mobile Apps Are Now Open Source by Yael Rubinstein for Pocket Casts. This one does what it says on the tin: podcast listening service Pocket Casts announces their decision to make both the iOS and Android versions of their mobile apps open source.
SoundExchange wins $9.7 million judgment from Slacker/LiveOne for unpaid music royalties by Kurt Hanson for RainNews. A brief rundown of the background behind the case and its outcome.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Whatâs the episode about: Arielle Nissenblatt chats with Sounds Profitable partners Bryan Barletta and Tom Webster about the two year anniversary of Sounds Profitable. Learn about our content initiatives, our research, our partnership opportunities, and how you can get involved at every stage.
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What does it mean that several podcasts paid to have their podcasts downloaded in a mobile app? Letâs break down the issue at hand, where things went wrong, and what we as an industry can do to solve it.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: TikTok spotted scraping podcast feeds, YouTube launches audio ads and host-read ad service, Internet radio platform Live365 to distribute through TuneIn On Air, the Spoken Word Audio Report debuts next week, and Digiday research shows publishers are warming more to programmatic.
Evidence suggests TikTok to explore podcasts.
Manuela: TikTok is coming to podcasting, or at least it looks to be that way from the breadcrumb trail of hints the company has left behind over the past year.
Most recently, in Mondayâs edition of Podnews, James Cridland reported podcast hosting company Audiomeans has spotted a
ânew bot that is scraping our feeds, starting October 11th.â
The host also provided Podnews with details about the bot scraping their feeds that ties it back to TikTok.
Back in May the social media giant registered a trademark for a new service titled TikTok Music, which happened to include a provision for podcast content. Further back still, in the last week of December 2021 all TikTok users got a notification prompting them to take the âTikTok Podcast experience surveyâ that collected listener-focused data, as well as audience metrics if the person filling it out identified as a producer.
With questions like âif TikTok is going to launch a podcast feature, which of the following do you think will lead to a positive podcasting experience?,â itâs no surprise weâre seeing signs theyâre building something podcasting related almost a year later.
YouTube launches audio advertisements, service for host-read podcast spots.
Arielle: This Monday YouTube announced a launch of audio-only ads, including ways to allow advertisers to specifically target podcasts, music, and those using connected TVs. This feature was beta-tested in 2020 but has now gone live globally. Sheila Dang covered the announcement for Reuters.
âThe streaming video platform said it will expand audio advertising globally to allow brands to market to people who use YouTube to listen to music or podcasts.â
It should be noted, as of this writing the YouTube podcasts homepage is still unavailable outside the US, though the announcement of global audio ads suggests this will change soon.
Then on Tuesday MarketingBrewâs Alyssa Meyers covered further development on the story as YouTube brought host-read ads into the mix.
âYouTube BrandConnect, its branded-content platform that connects creators with advertisers, is piloting a program that offers video ads read by podcasters, signaling YouTubeâs continued interest in expanding its footprint in the podcast world.â
The BrandConnect system will allow brands testing the program to op into 60 or 90 second host-read ad segments that exclusively appear on the YouTube version of the podcast. The spots will either include video of the host reading the copy or a custom title card with audio overlay. BrandConnect managing director Lori Sobel mentioned skincare company Neutrogena has implemented the tool to run a campaign on the The Financial Confessions.
In the future BrandConnect has intentions of using audience insights to pair brands with creators.
Live365 signs TuneIn On Air distribution deal.
Manuela: Last Wednesday Soundstackâs Live365 platform announced a distribution agreement with TuneIn. Broadcasters on Live365 premium subscriptions now have access to the TuneIn On Air, opening up access to the platformâs 30 million US-based people using the TuneIn mobile app on over 200 connected devices, including integrations with automotive systems by Tesla and Volvo. A quote from TuneIn CEO Richard Stern:
âThis partnership with Live365 fits perfectly within our mission to reinvent radio for a connected world and democratize access to radio for broadcasters large and small. We believe great conversations are driven by the power of the human voice and we know our listeners rely on us to stay connected to the issues that matter to them most via our content catalog. We're thrilled to help more broadcasters reach TuneIn's expansive audience."
This partnership comes at a time when traditional radio listenership is dropping. Last month Tom Webster, in an article for Sounds Profitable, wrote about the most recent Edison Research Share of Ear study. In recent years there has been a slow decline in Americans 13 and up listening to audio on AM/FM radios, while listening time on mobile devices has grown in almost direct correlation.
âI am certainly not the only person to write about this, but radio has as much of a hardware problem as it does a âsoftwareâ issue. Other than your car, it is getting harder and harder to even buy a broadcast radio receiver. Some mobile phones do offer radio tuners, but Apple has famously rebuffed all attempts by radio lobbyists to include one in the iPhone. And so, as you might guess, AM/FMâs Share of Ear on mobile devices is comparatively quite small, indeed--in fact, today that share is markedly smaller than the share allocated to podcast listening on mobile devices.â
Bringing radio to those mobile devices eliminates the issue of limited access to hardware. TuneIn is a standout example of a service modernizing the radio listening experience and making it accessible from mobile devices. Thanks to their roster of connected devices including automotive systems like Tesla and Volvo, their version of portable radio even can take over one of the last bastions of AM/FM hardware.
The Spoken Word Audio Report 2022 Launches Next Week
Arielle: Mark your calendars, NPR and Edison Research are set to release the 2022 version of the Spoken Word Audio Report on October 27th. The study will explore:
âspecific types of spoken word content, various spoken-word platforms, and devices used to consume spoken word content. With young people in the U.S. listening to spoken word audio more than ever, this yearâs study includes a special focus on Gen Z consumption.â
Vice President of Edison Research Megan Lazovick and Lamar Johnson, VP of Sponsorship Marketing at National Public Media , will present the study via webinar at 2pm Eastern Standard Time. Registration for the webinar is live and a link is available on the Edison Research blog post announcing the event.
Digiday+ Research: Direct-sold ads lose favor with publishers, while programmatic ads make gains
Manuela: The tide appears to be shifting more in favor of programmatic advertising. This Monday, Digiday deputy managing editor Julia Tabisz covered a survey of 200 publisher professionals conducted by Digiday+ Research over the first and third quarters of 2022. Their findings show a growing difference between money made from direct-sold ads and programmatic.
âWhile programmatic ads still make up a smaller portion of publishersâ revenues on the whole than direct-sold ads, publishers see potential in programmatic, Digidayâs survey found, which could affect how publishers prioritize their businesses through the end of this year and into next. For instance, the percentage of publishers who said they will put a large or very large focus on building the programmatic part of their business in the next six months has risen from fewer than a third (32%) in Q1 to 43% in Q3.â
The survey found the percentage of publishers who self-identified as getting a large or very large portion of their ad revenue from direct-sold ads fell from 59% in Q1 to 45% in Q3. On the flip side, publishers who got a large portion of ad revenue from programmatic ads only shrank from 32% to 30% from Q1 to Q2.
âDigging a bit deeper into how publishers manage their programmatic ads business, it turns out that the open market is the biggest source of publishersâ programmatic revenue â and itâs growing.â
Longtime listeners of The Download have heard this before: programmatic isnât a dirty word, and an excellent tool when used properly, and we love to see wider industries embracing it.
Quick Hits: Recommended Weekend Reading
Arielle:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
5 Reasons Brands Shouldnât Sleep on Co-Listening by Melissa Paris for SXMMedia. SiriusXM, in collaboration with Carat and Edison Research, has published their second co-listening report as a follow-up to their 2018 study on co-listening.
Announcing Independent Attribution by Amelia Coomber for Podscribe. Podscribe has launched their independent third-party attribution pixel for podcast advertising.
The Same People Who Listen To Podcasts Also Stream CTV by Allison Schiff for AdExchanger. Schiff covers the similarities podcast listeners share with connected TV audiences, including data from Acast, The Trade Desk, and Nielsen.
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There are around four million podcasts in the world today - but how many are you actually competing with? The answer is much smaller than you might think.
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This week: ESPN to potentially partner with DraftKings, Podcasting unions make headlines, Netflix confirms two independent measurement companies, advertisers reflect on 2023 spend, and two new podcasting hosts arrive in the US.
ESPN Nears Large New Partnership With DraftKingsManuela: Last Thursday Ed Hammond and Crystal Tse of Bloomberg covered an anticipated deal between ESPN and sports-betting firm DraftKings. According to an update to the piece, DraftKingsâ stock rose as much as 8.8% in response to the news on Friday.
âESPN has already invested heavily in sports gambling, though it has steered clear of taking actual bets. The broadcaster has betting-related shows such as Daily Wager and marketing deals with DraftKings and Caesars Entertainment Inc. where links to the sportsbooks are integrated into ESPNâs website. Disney also acquired a stake in DraftKings as part of its acquisition of Foxâs entertainment assets in 2019.â
Disney has long avoided gambling in pursuit of upholding its wholesome family image. As Bloomberg points out, none of the Disney cruise ship fleet have casinos aboard, nor are Disney characters licensed to slot machine manufacturers. Clearly, their attitudes appear to be changing as they search for a sports betting partner for ESPN.
Sean Russo, Research Manager of Magellan AI, offered this when asked about the growth of sports betting and adjacent categories:
âAs of August, the Fantasy Sports industry is up 22% year to date, although historically spending in the industry has peaked in September. Last year spend more than doubled between August and September, primarily driven by brands like Fanduel and DraftKingsâ
ESPN is a major podcast network and sports betting, as well as its cousins like fantasy sports, continue to climb in popularity. If this deal comes to fruition, it could be a big deal indeed.
Podcasting gains new union, hears from two recently affected by Spotify layoffs.
Shreya: In this first segment we have two stories fitting in a theme of organized labor in podcasting. Last Tuesday, Audacyâs Pineapple Street Studios announced last Tuesday that roughly 75% of their proposed bargaining unit signed up to officially join WGA East. Ashley Carman reported for Bloomberg:
âThe employees said theyâre looking for increased transparency around pay, rights to their intellectual property, protection against favoritism at work and improved health insurance, according to the letter.â
Later in the week, the utility of unionizing was highlighted when Spotify pruned their walled garden. Last Thursday Tech Crunchâs Lauren Forristal reported on Spotify canceling multiple shows at once from two of the four Spotify in-house content production companies. Three podcasts from Gimlet and eight from Parcast are either canceled effective immediately or set - in the case of Horoscope Today - scheduled to end in the second quarter of 2023.
Spotify also announced this would cause âless than 5% of layoffs of Spotifyâs podcast staff.â
Last Friday both the Gimlet Union and Parcast Union took issue with that number in an official letter posted to Twitter.
âYesterday, Spotify blindsided both Gimlet Union and Parcast Union with at least 38 layoffs across their studios. Spotify has said in the press that these layoffs constitute less than 5% of people working on original podcasts. That number is misleading. The reality is that each bargaining unit organized with the Writers Guild of America, East has lost about 30% of its members. These are not small cuts, they are massive restructurings.â
The two unions go on to highlight Spotifyâs internal reasoning for canceling the podcasts was due to low listenership, which the unions argue was in large part due to decisions made by Spotify itself.
âTheir decision to make most of Gimletâs and Parcastâs shows Spotify Exclusive caused a steep drop in listeners - as high as three quarters of the audience for some shows. Yet the company did little or nothing to staunch the bleeding. Shows languished without marketing support, and teams were not given clear audience goals to meet.â
Netflix strikes measurement deals ahead of new ad-supported tier
Manuela:On Monday Garett Sloane, writing for AdAge, reported on some updates to the ongoing story of Netflix prepping for the launch of their ad-supported tier. As covered in the September 8th episode of The Download, details were scarce about the tier beyond its possible price point and the streamerâs CPM goals.
â... Netflix has been asking for high prices for its ad inventory, at least $60 CPMsâcost per thousand viewsâwhile only offering limited targeting possibilities and no third-party measurement, according to people familiar with the situation.â
Now Netflix has announced theyâre working with both Integral Ad Science and DoubleVerify to act as that third-party measurement. A measurement executive speaking to Sloane anonymously believes implementation of the two services should be relatively easy for Netflix.
Netflix signing two big-name third-party companies to give credence to their measurement stands as another example of why a certain podcasting platformâs decisions come off as odd. Spotify, when in a similar position of needing brand safety and ad measurement as Netflix, chose to not only work with one third-party company, they strongly inferred the partnership intended to create a proprietary brand safety tool.
Surveyed advertisers discuss where theyâll potentially spend differently in an uncertain 2023.
Shreya: Much talk has been had about the uncertainties of how things will look in the future as the economy has a will-they-wonât-they relationship with a recession. This Wednesday MarketingBrewâs Ryan Barwick brought some numbers to the table that demonstrate just how uncertain the industry is. The following numbers are the result of a survey of 43 advertisers run by the World Federation of Advertisers and their media research company Ebiquity. 41% expect to keep their 2022 budgets, though as Barwick says in the article:
â29% said they expect a decrease in their budget. The remaining 29% said they expect to see an increase.â
While 43 might seem like a small sample size for a survey, itâs worth noting those companies account for $44 billion in ad spend. 28% said theyâd increase performance advertising, while 21% aim to increase their share of brand advertising. 40% of respondents would up their share of flexible or biddable buys.
ââWith uncertain times ahead, itâs clear that brand advertisers seek more tactical agility in terms of trading and shifting budgets throughout the year, versus annual upfront commitments,â Ruben Schreurs, chief product officer at Ebiquity, wrote to Marketing Brew.â
New Podcast Hosts Cross the Atlantic
Manuela: Two new podcast hosting services have hit the US markets this week. First: podcast recording and editing application Alitu has announced Alitu Hosting, making the service all-in-one. According to Jacob Anderson, head of Growth at Alitu:
âWe started building Alitu four years ago with one mission in mind: to offer the clearest path to sharing your voice and making an impact on the world, making no compromise over control and creativity. Whether thatâs making one person laugh, or lifting an entire community, we want to offer the help you need to achieve your purpose.â
This Tuesday French hosting service Ausha announced the rolling out of their service in the US on their official blog.
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Platforms used for listening to podcasts in Poland in 2022 by Statista. We make a point of discussing podcasting performance around the globe. With that in mind, hereâs a snapshot of data showcasing what podcast consumption looks like in Poland.
Acast Talks Layoffs, Itâs U.S. Moves, The Ad Market, And Why Itâs Selling âThe Heart.â by InsideRadio. Coverage of Acastâs recent earnings call, including higher-ups talking through their strategies, layoffs, and revealing Acast only sold 28% of their ad inventory in 2021. In the interest of clarity, itâs worth keeping in mind InsideRadio is owned by competitor iHeartMedia.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
As interest in podcasting continues to surge, so does the expectation that podcasting adheres to norms established in other advertising channels. Today, frequency capping takes the center stage.
Podscribe DD: https://soundsprofitable.com/article/podscribe
Thoughtleaders: https://soundsprofitable.com/article/thoughtleaders-intelligence Sounds Profitable Podscribe A deep dive into Podscribe: critical intelligence for podcast advertisers.
Dec 17th, 2020 Sounds Profitable ThoughtLeaders Partner Intelligence Solution Elsie Bernaiche, Director of Sales at ThoughtLeaders, joins us for our latest product deepdive into the ThoughtLeaders Partner Intelligence Solution.
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This week: Podcasting overtakes talk radio, CPMs increase, video game ads counting as podcast downloads, and Publishers test personalizing newsletters.
Podcasting overtakes talk radio, CPMs increase
Manuela: For todayâs first segment weâre going to cover two recent pieces about industry growth. First, Kurt Hansonâs Rain News recap of the Audioscape 2022 talk by Cumulus Media executive Pierre Bouvard. The biggest eye-catching number from Bouvardâs presentation of Edison Research media involves how the 18-34 age group spends their weekly time listening to talk or personality-driven audio content. Terrestrial radio has been overtaken in this bracket, with podcasts taking 60% of those listening hours.
âEven within the older demos of 25-54 and 35-64, podcast listeningâs share of talk/personality listening is high â 47% and 39%, respectively, with those numbers up nearly double and more than triple, respectively, compared to five years ago.â
Continuing the trend of good news from new data, Libsynâs Advertisecast has published their Podcast Advertising Rates 2022 report. The presentation is compiled from reporting data provided by 2,985 podcasts. Podnews editor James Cridland reported on Monday:
âThere has been a jump in the average CPM for podcast advertising, according to Libsynâs AdvertiseCast: the average is now $24.35, the second-highest on record. Itâs up 3.7% month-on-month, or 5% year-on-year.â
Podcasting continues its upward climb. More listener share over radio and growing CPMs sounds like a good thing to us.
A follow-up on video game ads counting as podcast downloads.
Shreya: Last week we covered Ashely Carmanâs piece covering podcast companies, most notably iHeartRadio, purchasing downloads via mobile game ads. In a follow-up piece covering industry reactions posted last Thursday, Carman got official comment from the Interactive Advertising Bureau.
âThe standards are in a continual state of review,â said Eric John, vice president of the media center at the IAB. âWeâre trying to ski to where the puck is going ultimately, and weâre going to make standards to match the industryâs needs.â
On the same day Podnews reported a response from Podtrac explaining why the gaming ads only playing 20 seconds of an episode of were counted as full downloads.
âItâs our understanding they appear as browser traffic without a unique user agent (or [unique] IP address). These downloads donât have a material impact on the publisher rankings including the rank order of the top publishers.â
Then, in related news, HotPod reported on an InsideRadio piece covering Podtrac suspending its weekly data newsletter after iHeart stopped sponsoring the project. The decision was reportedly made over a month ago. According to HotPod, the last data tracker email theyâd received was published September 13th, while the last one with iHeartRadio branding had been sent August 15th.
Since the HotPod publication went live, InsideRadio - a company owned by iHeartMedia - has pulled their Podtrac story.
Publishers test personalizing newsletters with varying degrees of success
Manuela: Last Wednesday Digidayâs Sara Guaglione reported the experiences of publishers who experimented with using tools to generate personalized newsletters for subscribers. Weâre covering it here as the tools and methodology involved might just be of interest to podcasting. From the article:
âAs companies like The New York Times and The Washington Post experiment with personalizing their homepages to get readers to consume more articles, publishers are also tweaking newsletters to serve readersâ specific interests and behaviors â but to varying degrees of success.
The piece opens with the success story of The Telegraph, which has run the personalized newsletter Headlines for a year. Each time a newsletter needs to be sent, an algorithm selects vertical-specific content recommendations based on browsing history, including making sure to not recommend articles the subscriber has already read.
The Telegraph reports higher click-through rates, page views per click, and time spent on the website from Headlines subscribers vs. their standard hand-built newsletters. In contrast, publications like The Toronto Star have tried similar things and found little to no results. Newsroom director David Topping told Digiday:
Most newsletter subscribers âseem pretty happy getting what everyone else got,â Topping said. The personalized newsletter drove engagement for a âniche audienceâ who wanted tailored recommendations but it wasnât ânecessarily something thatâs going to move the needle,â he added.â
Niche audiences are a thing podcasting does well. The recommendation tech used to create these newsletters could be of use in the podcasting industry. An individual news podcast could build itself live akin to how Spooler allows The Refresh to add new segments on the fly. Except, with a recommendation engine, a news podcast could be constructed of only segments the recommendation tool knows the listener would enjoy.
Or, scaled up to an entire production house or network, the same tech could be applied to give bespoke RSS feeds to subscribers that only dole out episodes of podcasts that company produces that the listener would enjoy. An elegant solution for the existing logjam of either dozens of individual RSS feeds for a stable of similar podcasts, or one feed containing multiple different shows.
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for Quick Hits, our roundup of articles that didnât make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Numbers games by Brian Morrissey for The Rebooting newsletter. An excellent op-ed discussing how recent focus on having writers create content that generates subscriptions to a publication is the modern version of prioritizing writing that generated page clicks. Both overlook the meaty day-to-day content that keeps readers coming back. An excellent piece of opinion about an industry next door to podcasting.
What are the Top 10 Alternative ID Solutions and How Should You Use Them? By Andrew Byrd for Admonsters. For those looking to get into some deep-level tech discussion, Byrd details ten privacy-focused Alternative IDs to future-proof for the day when Google eventually kills third party cookies.
Political advertising is propping up a slow ad market by Jeremy Goldamn for InsiderIntelligence. Political ads are a hot-button topic for podcasting, but thereâs no denying itâs a midterm election year and spending is only going up between now and November.
Hit Songs Are Staying on the Top Charts Longer Than Ever by Lucas Shaw for Bloomberg. A companion piece to last weekâs Quick Hit from The Guardian, Shaw details how modern streaming analytics are making top charts stagnate. Where a person who buys one CD a quarter and listened to it 500 times didnât affect charts in the 90s, that same listening habit can keep artists afloat for years on Spotify.
How ad tech aims to build back better by Ronana Shields for Digiday. Weâre four years into a post-GDPR world. Shields covers the current state of adtech and privacy via discussions had at the first in-person Dmexco conference since 2020.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
With the release of Weâll Be Right Back, part two of After These Messages, Tom Webster has a few questions about promo codes. Is it time to change how we use them?
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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Sounds Profitable is two years old this month! Founder Bryan Barletta talks about just how far weâve come in 24 short months, and where we are headed next as we continue to serve our mission to push podcasting forward and set the course for the future of the audio business.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week: Podcasts found using mobile game ads for downloads, a trio of new pixels announced, and the Independent is reframing programmatic for advertisers.
Podcasters Are Buying Millions of Listeners Through Mobile-Game Ads
Manuela: Our first story is a big one! This Tuesday, Bloombergâs Ashely Carman published a piece reporting on the discovery that podcast companies are serving podcast players as ads in mobile games.
For those not hip to mobile gaming: free-to-play mobile video games traditionally generate revenue by interrupting gameplay on a regular basis with a skippable ad, with the option to watch a 20 second unskippable ad in exchange they receive beneficial in-game items, or more attempts to play that day. Instead of serving a video ad, which is one of the more common uses of these platforms, some companies are serving a web player that plays the an episode of a podcast. The ads are timed, requiring the app user to interact for often 20 seconds or more, which is more than enough time to download an entire 1 hour podcast through progressive downloading. That download and every ad in that download would be seen as legitimate by current IAB podcast standards, even though the app user was prompted to move out of the ad and back to the game after the timer ended.
Ad fraud detection company DeepSeeâs August examination of ads in the popular game Subway Surfers spotted podcasts from the New York Post, independent podcaster Scott Savlov, and iHeartMedia. Carman interviewed Corey Weiner, CEO of Jun Group, a company specializing in placing ads in mobile apps. The starting rate for Jun Group placement is a $27 CPM for one of the 20 second ads. Jun Groupâs main podcast client is iHeartMedia.
âAccording to a person familiar with the effort, the radio company, which bills itself as the top podcast publisher globally, has shelled out more than $10 million and gained approximately 6 million unique listeners per month through these ads since 2018."
During the last week of August, half of the top ten trending podcasts in Podtrac were iHeart productions that hadnât uploaded new episodes in weeks, if not months, according to Carmen. Podtrac is an industry ranker that only measures podcasts that opt into their platformâs prefix analytics solution, and recently independent developer John Spurlock identified that Spreaker from iHeart had added the prefix to podcasts on their platform en masse.
Yesterday Podnews published exclusive info regarding iHeart rankings:
âAre these plays counting for iHeartâs â#1 for podcastingâ Podtrac ranking? Podnews analysis confirms that the embedded podcast players used,as documented by DeepSee, makes a call to Chartable and a call to Podtrac.â
Podnews editor James Cridland then links to Podnews coverage of a 2018 story in which iHeartMedia was busted embedding podcasts on the websites of hundreds of affiliate radio stations, inflating play counts.
The core problem that led to this story existing lies in the fact that there are minimal requirements for podcast players and not requirements for reporting transparency to podcast advertisers. Podcast players like Apple are Spotify are safe to trust as one can be 99% sure itâs coming from their apps. Even web player traffic is generally trustworthy given itâs assigned less inventory in general. That said, itâs time for the industry to figure out stricter guidelines for web players and more obligations to our advertisers.
Itâs not immediately clear what the finite details of a solution will be, but if all the big players in the industry came together for the sake of transparency they can build something. Something that would get publishers and advertisers alike reevaluating what inventory is or isnât valuable based on where itâs played rather than simply if itâs played.
Pixels Galore - Podscribe and Gumball launch podcast analytics, and Magellan launches attribution
Shreya: Time to increase your resolution, several new pixels have recently arrived in podcasting. First up: a little trip to the past. Back on August 11th Podscribe announced third party impression verification. Or, in their words, third pod-y impression verification. Once users get the pixel to their publisher they will receive real-time downloads.
âAs early publishers in all other seasoned media forms discovered, 3rd party verification both facilitates and is required for significant scale.â
The new verification comes designed to automatically sync to Google Sheets, allows for flagging of campaigns if suspicious data starts coming in, and GARM methodology brand safety monitoring.
Flashing forward to last Thursday, our second pixel comes from Magellan AI with their new Attribution by Magellan AI. With the new Attribution tech both advertisers and publishers will have details like campaign performance and pacing at their fingertips within the Magellan AI dashboard.
âWe are helping brands and agencies complete the entire buyerâs journey in one seamless location to enable them to scale with ease as the podcast industry exponentially grows,â said Cameron Hendrix, CEO and co-founder of Magellan AI.
And for the final pixel, a bit more recent: This Tuesday Gumball, adtech division of the podcast network Headgum, announced a new feature titled Gumshoe.
âPrior to Gumshoe, host-read ad measurement and verification were archaic, requiring podcasters to provide screenshots to verify impressions and download data. Gumshoe, which works with most major hosting platforms and is compatible for both embedded and dynamic ad formats, now digitizes this function to add increased communication and transparency.â
How The Independent is getting brands on board to advertise against breaking news
Manuela: This Monday Digidayâs Kayleigh Barber covered a talk by The Independentâs SVP of U.S. publication, Blair Tapper, about the fight to sell inventory as a publication covering breaking news. In a world where huge negative stories are breaking on a regular basis, a publication that doesnât have subscriptions to rely on has to ensure skittish advertisers have confidence in where their inventory is being served.
According to Tapper, 75% of The Independentâs ad revenue in the U.S. comes from programmatic ads. Given news is a commonly-avoided category, her team has focused on recontextualizing programmatic in a way that combats advertiserâs negative preconceived notions.
âProgrammatic advertising makes up approximately 75% of The Independentâs advertising revenue in the U.S., according to Tapper. But because news is such a highly avoided category by many advertisers, her team has been working to reframe the idea that buying programmatically means losing control over where and when a display ad gets placed.â
âThere used to be this misnomer that programmatic was just all of these underground pipes [that spit out ads like] magic. I really believe thatâs not the case. Programmatic is still a human business, itâs still a human sell â itâs just a different way of buying inventory. And so if you can humanize the programmatic relationship, I think a lot of the objections to news go away.â
In addition to that, Tapper spoke to fighting against rudimentary lists of blacklisted keywords that accidentally catch false positives. An example given is if the keyword âshotâ were to be blocked to avoid serving ads on school shootings, it also eliminates any sports articles that describe a player taking a shot at a goal.
âTo remedy this, Tapperâs team works with IAS, Ipsos and NewsGuard to try and contextualize the articles affected by keyword blocking.â
It has been said before on The Download and weâll say it again in future: Programmatic is not a dirty word, itâs a tool that works as well as you use it.
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This weekâs five great reads are:
Has streaming made it harder to discover new music? By Alexis Petridis. Discoverability in podcasting is a common conversation topic. This op-ed discusses how modern music discoverability has a habit of playing things safe, to the point the charts frequently feature old songs brought to temporary viral fame due to television and TikTok.
Why Kochava says it doesn't want to settle with the FTC by Ryan Barwick. Back in our September 8th episode we covered the beginnings of the FTC lawsuit against data broker Kochava. Barwick is reporting on the story again and, spoiler alert, Kochavaâs still not backing down.
âHarder to disputeâ: Ebiquity CEO on why advertisers are slowing spending in the Google-Facebook duopoly by Seb Joseph. While Google and Facebook are doing just fine for themselves, ad dollars are beginning to slow down as a myriad of factors combine to rumble the social media giants.
Digiday+ Research: What are publishersâ priorities heading into Q4? By Julia Tabisz. Back in Q1 Digiday surveyed publishers on where their business priorities lay over the next six months. Now theyâve run the same survey again for Q4.
The Chaos Of Privacy Compliance In The US by Alyssa Boyle. Boyle interviews Dominique Shelton Leipzig, partner at Mayer Brown on the proposed American Data Privacy and Protection Act, as well as potential new rules from the FTC.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
This week: Serial and the importance of content curation, Spotify launches audiobooks, Spanish-language TV is surging, why Wonder Media Network wonât use programmatic, and SirusXM is no longer the biggest podcast network by reach. Letâs get started.
Serial and the importance of content curation.
Manuela: Last week news broke that prosecution would petition for the release of Adnan Syed, whose case was the subject of the first season of Serial. Since then Syed has been officially released. In the interim conversation regarding the case and the part Serial played in popularizing it reached a boiling point on social media. On Friday the 16th attorney Rabia OâChaudry, host of Undisclosed and the person who originally brought Syedâs case to the attention of Sarah Koenig, tweeted an analogy for how Serial fit into the narrative of Syedâs release:
âImagine you ask someone to help renovate your house. Instead they set fire to it. The story about the fire brings thousands to your aid that rebuild your house.â
Media critic and true crime aficionado Rebecca Lavoie quote-tweeted OâChaudry to start a thread with an important lesson to be learned from Serial.
âI have previously heralded Serial as a seminal piece of media and even made a podcast originally based on reviewing it. But given the facts of the case, Rabiaâs analogy is precise. Serial doesnât hold up. And its biggest crime is its abandonment of its own reporting.â
Lavoie details several sections of the popular podcast that contain outdated or inaccurate knowledge with seven years of hindsight that, due to the podcastâs popularity, are still being discovered by brand new podcast listeners with. No warnings or amendments have been placed on the original season of Serial.
âI am not saying that Sarah Koenig et al have an obligation to report this story forever. ButâŚthe owners of the Serial feed (now [The New York Times]) have an absolute obligation to point news consumers to the latest⌠news.â
Lavoie points to dynamic ad insertion tech and how it could be used to retroactively place a warning giving context without having to manually update each episodeâs file. Given last yearâs scandal with Caliphate, the NYT is no stranger to retroactively adding disclaimers to its own in-house reporting.
Lavoie argues they have the same level of responsibility to maintain legacy feeds. Even the most popular true crime podcast in the industry is not above poor reporting or claims that were later disproven by new evidence. Despite being seven years old, Serialâs popularity means statistically itâs still someoneâs first podcast in 2022.
Spotify Offers Audiobook Service with 300,000 Titles
Shreya: This Tuesday Spotify announced the launch of their audiobook platform.
âStarting today, Spotify listeners in the U.S. will be able to purchase and listen to more than 300,000 audiobook titlesâmaking our platform a true all-in-one destination for everyoneâs listening needs. And weâre excited to launch audiobooks with a brand-new user interface thatâs geared specifically for listening to audiobooks and fits them seamlessly alongside the music and podcasts you already listen to and love.â
The new audiobook interface includes an in-app purchase screen to buy each individual audiobook. Most popular audiobook platforms, like Audible or Libro.fm, use a monthly subscription system that gives users a set amount of credits to exchange for audiobooks at a rate that costs less than purchasing them retail. Spotifyâs model requires a Premium Spotify membership for the ability to purchase audiobooks.
Press materials include a series of four screenshots depicting the purchase of Colleen Hooverâs novel It Ends with Us for $13.99, on sale from a normal listing of $17.99. This pricing is in lockstep with the average retail cost of the same book at popular audiobook providers Google Play, Kobo, and Audible if the user is not a subscriber. With this addition Spotify is now a one-stop shop for the casual user. While it might not attract many users specifically for the audiobook functionality, any user who listens to music or podcasts with Premium has the ability to buy audiobooks and listen without leaving the app theyâre already paying for.
Spanish-Language TV viewership surges despite mishandled metrics, lackluster representation.
Manuela: As is becoming common on The Download, this segment will discuss two articles that are closely related. First off: Spanish-language TV Viewership is Surging by Kelsey Sutton for MarketingBrew. The headline leads into a subheader explaining the surge is accompanied by poor measurement leading to under-investing. Now things are turning around.
âWeâre sure youâve heard it about a million times: linear TV viewership is, on average, not looking good. But thereâs one segment of old-fashioned TV whose outlook seems downright rosy. Spanish-language TV networks, including mainstays like Univision and Telemundo, are on the upswing, growing daily audience reach even as many other major networks are seeing steady declines.â
Dan Reiss, EVP and chief growth office at TelevisaUnivision told MarketingBrew Univision has seen an increase of brands on-air of more than 200 over the past two years.
One of the benefits of podcasting being a younger industry than other media is it can learn from their mistakes and adjust earlier on when itâs easier to do so. Just last month Edison Researchâs Latino Podcast Listener Report dropped, revealing 59% of the U.S. Latino population have listened to podcasts. Podcasting is a diverse field and should be treated as such from the ground up. To that note the final quote from an AdExchanger piece featuring Orci CEO Marina Filippelli:
ââGen Z can smell bullshit from a mile away â they know whether or not creative was produced by somebody like them,â Filippelli said. âRepresentation needs to take place not just in front of the camera, but behind the scenes.â
Why Wonder Media Network wonât sell its podcast ad inventory programmatically
Shreya: This Tuesday Kayleigh Barber published a piece distilling an interview on the Digiday Podcast into article form. The interview features Wonder Media Network co-founder and CRO Shira Atkins enthusiastically explaining why the network refuses to carry programmatically-served ads, instead choosing a more bespoke approach. Not only are ads produced in-network, theyâre permanently baked-in.
âBut on the latest episode of the Digiday Podcast, Atkins said she still believes that programmatic is âa tragedy for the podcasting ecosystem at large.â Her team does not sell any of its ad space programmatically. Instead, the podcast network uses its branded content studio to make bespoke audio ads, which Atkins said creates memorable ads that listeners are less likely to skip over.â
Itâs worth noting the difference between content provided by programmatic methods and the tool of programmatic advertising itself. High quality memorably ads like those produced by Wonder Media Network for baked-in use can be served programmatically through direct deals that operationalize and improve the process for both buyers and sellers.
NPR, for example, does this currently with great success. Programmatic distribution is a tool, not a particular flavor of advertisement.
âWe donât [carry programmatic-sold ads] because the reason that weâre able to demand such high CPM [or sell flat rate deads] is that weâre selling embedded ads in perpetuity. It makes me feel like an old lady whenever people ask me about this, because theyâre like, âI canât believe you donât do dynamic ad insertion.â But it works for us.â
Host reads, baked-in, and dynamic ad insertion are all excellent tools that podcast audiences are receptive to, and companies like Wonder Media Network are an excellent example of how the power of the podcasting industry can allow individual facets of the industry to exist and thrive on their own.
Sounds Profitableâs first research study - After These Messages - has the data to back up the efficacy of host-read ads. The study shows the audience preference for host-read ads over generic announcer-read ads, which Atkins conflates with programmatic, is much smaller than one would expect.
Spotify hits the top of Edison
Manuela: For our final story I donât have to summarize the info, as they do it for me.
âThis week Edison Research publicly announced the ranking of the biggest podcasting networks through the second quarter of 2022, based on Edison Podcast Metrics survey of over 8,000 weekly podcast listeners age 18 and older.â
For the three years Edison Research has done this report on podcast metrics, SiriusXM Media has held the top spot of the U.S. Top Podcast Networks, By Reach report. This last quarter the top contender was unseated by the relative newcomer. As of Q2 of this year Spotify is the #1 network by reach. Theyâve gradually risen up the charts over years, using a combination of acquisitions, licensing deals, original content, and a fertile walled garden to grow the platform.
As of this last quarter the top five now reads Spotify, SiriusXM Media, iHeartRadio, Audioboom, and NPR.
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Athletic Greens gives us the scoop on its podcast advertising strategy by Alyssa Meyers of Marketing Brew.The article features company CRO Jonathan Corne explaining their strategy of carefully selecting podcasts to sponsor with intent of establishing a long-term relationship.
âGaming is very much here to stayâ: Why Axe body spray is taking a bigger swing at esports marketing by Kimeko McCoy of Digiday. Axe isnât a stranger to sponsoring esports outside the US, but the company is renewing its efforts at home and getting into TikTok. Which is to say influencer marketing, a thing podcasting is very good at.
On that same note: Roblox will be one of the first major platform to launch in-game ads by Daniel Konstantinovic of InsiderIntelligence. For anyone without a kid: Roblox is a big deal. Arguably bigger than Minecraft. Allowing outside advertising without locking it to the gameâs internal currency is a big step.
RIP Broadcast TV? Legacy Broadcast Execs Say Not Just Yet by Alyssa Boyle of AdExchanger. A breakdown of the new trend of broadcast TV getting into streaming media by simulating traditional always-running broadcasts.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
In this episode of Sounds Profitable: Arielle Nissenblatt and Tom Webster sit down to discuss Podcast Movement, the Sounds Profitable Business Leaders Summit, and most importantly: an update on Tomâs dog Walnut.
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Hereâs our favorite idea from this conversation: âWhen things donât seem settled in the space, try to organize as best you can with other voices and take strong positions.â
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The Download
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We talk a lot about the unique content advantages in podcasting, but one key to growing the medium with an older audience might be even simpler.
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This week: Analyst predicts programmatic will get podcasting to six billion in ad spend, the new iOS update takes care of AppleCoreMedia, Apple announces virtual neighborhood for Latine Heritage Month, brand-lift studies are catching up with the times, and kids content is booming for Paramount+.
Programmatic advertising could make podcasting a $6 billion industry by 2026
Manuela: In last Fridayâs Hot Pod Insider, Ariel Shapiro covers B. Riley analyst Daniel Dayâs newest publication about the industry. His most attention-grabbing prediction, as the headline spoils, expects podcast ad spending to be up to six billion dollars within four years.
Itâll be an uphill battle to get there. Shapiro points out the potential downsides of programmatic without the right data and infrastructure by recalling the infamous Wild Turkey incident. Back in May Spotify accidentally ran an ad for budget whiskey on every podcast on the app simultaneously, leading to a social media firestorm as users posted screenshots of the most inappropriate examples of podcasts to pair with Wild Turkey. Day is of the opinion more detailed location data will be a game-changer that avoids such issues in future.
âSmall and mid-sized businesses really have almost entirely sat out podcast advertising to date,â Day told Hot Pod. âThese advances in geo-targeting and programmatic allow mom and pops and local, regional businesses to access this medium in a way that they couldnât before, absent reaching out to like some local sports or news podcast. Now, they can target audiences listening to some big national podcast.â
Day points to iHeartMedia putting significant investments into podcasting, as well as podcasting making up a larger portion of the companyâs revenue each year, as examples of the growth he projects in action.
iOS 16: Whatâs new for Apple Podcasts
Shreya: Last Wednesday Apple published an update blog detailing some of the new features coming with their iOS 16 update.
The update comes with some creature comforts for the user, such as more prominent placement of the sleep timer button and better Apple Watch integration for podcasts. Thereâs also a bit of housekeeping noted, in case you missed the multiple emails over the past few weeks:
âShow and provider titles will continue to be displayed alongside show artwork on the Library and Search tabs, so make sure your showâs metadata is up to date and that your artwork includes your showâs title for the best experience.â
The most important feature of this update for the business side of podcasting isnât mentioned in the update blog, though. This update brings the change to AppleCoreMedia user agent thatâll shift how we view Appleâs footprint in podcasting. As covered in our June 10th episode, this will lead to far less confusion as to what traffic is actually coming from Apple Podcasts. Those who didnât report ACM will no longer underestimate traffic from Apple, and those who labeled all traffic from ACM as Apple will get a more balanced look at just how much traffic is coming out of Apple.
For those that are code-savvy, weâll include a link in the show notes to the official Apple developer page for the updated user agent key.
Apple Podcast launches "El Vecindario" collections.
Manuela: On the subject of Apple: This Monday an email sent by Apple announced their plans for Latine Heritage Month, which runs from today through October 15th.
âLater this month, Apple will showcase the abundance of Latine created content across genres, formats, and languages â and spotlight many great creators. Apple Podcasts has created a special destination, titled El Vecindario, that honors the spaces where Latine communities come together and conversations originate.â
El Vecindario, the neighborhood in Spanish, will showcase Latine-created content covering multiple genres, formats, and languages.
Influencer marketing brand-lift studies are improving
Shreya: Last Friday Marketing Brewâs Phoebe Bain used the release of the Association of National Advertisersâ organic measurement guidelines for influencers as an excuse to discuss how brand-lift studies have matured.
âOut of more than 1,000 Marketing Brew readers surveyed last month, about one-third said they think measurement for influencer marketing has âevolved significantlyâ over the past two years.â
A useful tool to track that rapid evolution is the brand-lift study. Bain spends a good portion of the article explaining the basics: two groups are asked questions about something, with only one having experience with that thing. Any differing answers or familiarity expressed by the second group is quantified as - you guessed it - brand lift.
Old-school brand-lift studies would ask simple questions regarding information retention, or whether the audience wanted to buy the product in an ad. Modernized studies take into account the changing media landscape, especially with the popularity of influencers.VP of marketing at creator management platform Grin Ali Fazal explains to Marketing Brew:
âWith an influencer marketing brand-lift study, questions go a level deeper. Those questions might focus more on brand affinity, or how consumers feel. For example, âis the brand cool? Is it viral? Is it modern?â These questions focus less on what consumers remember, and more on a brandâs overall or social appeal. In an influencer marketing brand-lift study, he said, the questions focus on the full picture rather than just the ad itself. âThis measures the true depth of impact that creator marketing has,â he said.
Why should the business side of podcasting care? Podcasting is influencer marketing. In a world of pixel-based brand attribution and walled garden ad solutions, people are finding their options are missing the mark for influencer and podcaster alike. Brand lift studies by companies like Edison Research, Signal Hill Insights, Veritonic, or Nielsen can help fill that gap.
How kids shows are boosting Paramount+
Manuela: Last Thursday Kelsey Sutton published a look at how kidsâ content is performing well at Paramount+. While Paramount+ is separate from Paramountâs podcasting ventures, The Download has been covering the boom in kid-friendly podcasting since our March 18th episode. Paramountâs experiences reaffirm that family and kid-oriented content drive engagement.
âWhen it comes to streaming, parents will go without eating before disconnecting something that entertains their kids,â Brian Robbins, president and CEO of Paramount Pictures and Nickelodeon, said Tuesday at the Bank of America Securities 2022 Media, Communications, and Entertainment Conference. âKids content is an amazing, amazing retention tool for us.â
The streaming platform has done well for itself since the CBS All-Access rebrand. Currently Paramount+ reports 3 million paid subscribers.
âKidsâ programming on streaming can also help fill the audience void as linear viewing continues to drop off. âIf you take our linear share and the audience for kids that weâve picked up on Paramount+, we actually have more audience and share of kids 2â11 than weâve had in years when you combine them both,â Robbins said.?
As reported back in March, studies show the Kids & Family categories have grown 20% since last year and thereâs reason to believe poor categorization of content is causing a lower number than the industry is actually experiencing. Kids content is doing quite well, as any parent will tell you.
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
Class Photos by Skye Pillsbury, for The Squeeze.
Pillsbury holds a mirror up to diversity on the business side of podcasting by compiling yearbook-style collages of the big podcasting companyâs leaders and known executives with deal-making power. A must-read.
Introducing The Mullet Career Strategy⢠â Creativity & Business by Steve Pratt.
Pacific Content co-founder Steve Pratt announces his upcoming venture titled The Creativity Business, a strategy firm aimed at helping creatives learn better business and businesses learn better creativity.
17 Stats That Reveal the Power of Podcast Advertising and Host-Read Ads by Connie Chen.
In addition to quoting our After These Messages study, senior manager of content management at Gumball Connie Chen brings a bundle of research to back up the efficacy of host-read ads.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
September 22nd is officially the last day of Summer, making our third and final article in our Programmatic Summer series absolutely not late to the party.
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This week: We learned something interesting about Netflix, Cross-promotions work but you might be doing them wrong, Anchor continues to be the top podcast host by episode share, and the FTC sues a data broker.
All we know about Netflixâs ad plans so far
Shreya: Once again we bring you an article that doesnât feature the world âpodcastâ, but could have big implications for the industry. Last Friday Kelsey Sutton published a brief roundup of all the news about Netflix that had dropped during the week. The world learned about polarizing new ad-supported tier, charging between $7 to $9 a month. We also learned theyâre targeting 15 and 30 second spots for preroll and midroll ads.
âThe flurry of reports helps provide a better picture of how Netflix is strategizing the rollout of its ad-supported tier after eschewing Madison Avenue for years. There are still many unknowns, including what kind of metrics the service will provide to measure ad effectiveness. Even without all the details, media buyers are buzzing with anticipation.â
Podcasters and advertising folk alike should take note of how much Netflix is paying per thousand impressions. According to Sutton the streamer is paying $65 CPM, with expectations of that going up to $80 in future.
With those rates in mind for the biggest streaming platform, average podcast CPM is fair to underpriced in comparison.
Do Cross-Promos Work? Hell Yes, But You Are Likely Doing Them WrongâŚAnd We Can Fix That
Manuela: On Monday Eric Nuzum published an issue of The Audio Insurgent that aims to introduce podcasters to a vital lesson learned while conducting research for terrestrial radio nearly two decades ago.
Nuzum is of the opinion that on-air and in-episode content promotion is frequently misunderstood and often poorly executed. This and the next two issues of Audio Insurgent are dedicated to covering the three Rs of program promotion: Reduction, Repetition, and Real Content.
In 2004 Nuzum conducted a study for the Corporation for Public Broadcasting titled ON-air Program Promotions Insight Study, a study of cross-promotion in the radio industry so helpful he continued to get messages asking where to find the study long after the original webpage hosting it had decayed.
For this newsletter series he has done some light editing and uploaded the entirety of the 18 year-old study to Google Drive for preservation.
âYet despite its age, it can still be very effective and useful to all audio professionals today. But the whole project boils down to one simple sentence: A well-constructed message, delivered to the right listeners often enough for them to recognize it, can increase listening.â
His issue on Reduction stresses the importance of stripping fat from a promotion and ensuring it isnât airing in a block of multiple other promotions that could distract from the message. An example given from when the promo study was first conducted is Nuzum playing a promo for A Prairie Home Companion. The promo rapid-fire announced the town, state, college auditorium in said town the performance would take place at. Following that, three musical acts and the name of the famous News from Lake Wobegon segment.
âImmediately after playing it, I would ask those in the room to name a single artist or location mentioned in that promo. On a rare occasion, someone could remember âIowaâ--but most times, no one could remember anything. And these people were (supposedly) paying attention.â
Top Podcast Hosting Companies by Episode Share (August 2022)
Shreya: Last Thursday Livewire Labs updated their substantial snapshot of the industry via episode share.
âOne of the ways to measure the health of the current podcast ecosystem is to measure the number of new episodes published in a given period. We look at every single new podcast episode published (about 1.6 million in August 2022, up 5.4% from last month) and identify which podcast hosting company it belongs to.â
One of the first things that jumps out about both the list of hosting companies by new episode share and the ranking of hosts by new episodes published in August is the gulf between first and second place. In a ranked list of 234 podcast hosting services Anchor dominates first place at 22.9% of new episodes published. Buzzsprout showed gains in solidifying a strong second place at 9%.
Livewireâs data pairs nicely with the Podnews podcast hosting change tracker, which observes RSS feed hosting changes across the systemâs sample size of over 73,000 podcasts. Over the past week 211 podcasts changed from one hosting service to another, 26 which moved from various other services to Anchor. Pundits are fond of depicting Anchor as a dumping ground for single episode or dead podcasts due to their free tier, but they clearly are attracting a lot of new creators.
A sociologist on what advertisers should know when they use health data
And:
FTC picks fight with data broker
Manuela: Over the past week Ryan Barwick of Marketing Brew has published two closely-related articles covering the use of data collected in a healthcare environment for advertising.
First, yesterdayâs article features an interview with Mary F. E. Ebeling, an associate professor of sociology at Drexel University and recently-published author of a book on the effects of collected data on individualsâ lives. Ebeling provides an anecdote of how a child she lost to miscarriage in the real world continued to live a false life through parenting-related marketing emails.
âThough itâs near impossible to audit a digital adâhow, why, or where it was servedâEbeling connects the experience to her research in the healthcare industry, where patients rarely know theyâre feeding âmassive databases maintained by healthcare providers and public and private insurers, or payersâoften called data âlakesâ and âoceans.ââ
With Ebelingâs account in mind, we look back to last Friday when Barwick covered a much-publicized lawsuit filed by the Federal Trade Commission.
âOn Monday, the agency brought a lawsuit against Kochava, a data broker, for allegedly collecting and selling location data âthat can be used to trace the movements of individuals to and from sensitive locationsâ like reproductive-health clinics and places of worship.ââ
The suit comes several weeks after a preemptive lawsuit from Kochava towards the FTC. Barwick details the two businesses within Kochava in its data marketplace and measurement service. Kochava argues the user is forewarned when they initially agree to share their location data with the third-party apps they purchase the data from. The FTC, clearly, disagrees.
âBy the end of the week, many were wondering: Why Kochava? And though we donât know the answer yet, the FTCâs lawsuit could put the entire location data collection industry under the microscope.â
Quick Hits: Recommended Weekend Reading
Shreya:Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This week:
The Ambies, the flagship award program of The Podcast Academy, designed to celebrate excellence in podcasting in the same way the MPA celebrates film with the Oscars, is now taking nominations. In addition, they've also announced a membership program sponsored by Spotify to enable independent creators to submit.
WQXR hires a podcasting chief by Laura Holt.Music remains one of the most untapped categories in podcasting. WQXR is a great example of a station that produces its own content and has access to a number of resources for original content, which is the key to making music podcasting work in a world where licensing music under copyright is still financially not viable in podcasting.
Apple is staffing up its ad business by Ryan Barwick. This might not be breaking news for dedicated audience members of The Download, but it is crystal clear confirmation that apple is fully embracing its advertising business.
The BBC Shares podcast stats by Podnews. A recent talk at Radiodays Asia in Malaysia featured rare info about the BBCâs daily download data, the show in questionâs audience profile, and comparison to other podcasts.
Finally, in accordance with The Downloadâs love of sharing news of podcastingâs performance on a global scale: Otonal has published Podcast Report of Japan, a survey of podcast usage in Japan in 2021.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
In this episode of Sounds Profitable: Bryan Barletta is joined by Stew Redwine in observing the anniversary of the first audio advertisement in 1922. How have things changed over a hundred years? What even was the first ad?
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Hereâs our favorite idea from this conversation: âHistory doesnât repeat itself, it rhymes.â - Mark Twain.Â
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There's a lot of received wisdom that says host read ads beat announcer ads in podcasting. But is this always true? Could it even be a false choice?
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This week: Podcast ad spending goes strong despite recession fears, YouTube and Twitter launched dedicated podcast spaces, advertising questions what to do if premium users choose not to see ads, and a look into why DTC ads havenât fallen off as expected.
Podcast Ad Spend isnât Slowing as a Recession Potentially Looms.
Manuela: Marketing Brewâs Alyssa Meyers brought good news last Wednesday. Things are looking up for the podcast ad spending despite, shall we say, less than ideal economic conditions.
Over on the general advertising side of things, itâs a bit bleak. On August 18th Daniel Konstantinovic, writing for Insider Intelligence, covered the worst month of ad spending in two years.
âJuly saw ad spending go through its worst monthly decline since July 2020. Ad spending contracted 12.7% year over year in July, per MediaPost and Standard Media Indexâs US Ad Market Tracker.â
Several potential causes of this dip are proposed, most of which are interlinked to some degree. Relaxing of pandemic restrictions and the return of larger social gatherings has increased commuting and free time away from screens. Meanwhile, even while the juryâs out on whether weâre technically in a recession, Konstantinovic points out a Brand Keys statistic showing 70% of consumers believe theyâre in a recession and thus are cutting back on spending.
Perhaps spending wasnât great in the general advertising space, but podcast ad spending continues to boom regardless.
âSome of the biggest audio companies reported growth in podcast ad revenue for Q2 despite a softening ad market, and buyers responsible for major audio budgets told us theyâve yet to see a significant retreat from podcasting, indicating that the sector could continue growing regardless of the state of the economy.â
Itâs also worth keeping in mind which data weâre looking at and how weâre looking at it, as Magellan AIâs Sean Russo explains:
âWe took a look through a few different lenses. When you look at year-over-year spend in July in podcasts, weâre seeing a 19% increase. If we look at Q2 YoY weâre seeing a 48% increase. Worth noting that looking at month-over-month June to July we saw a 7% decrease. So, the bottom line on what weâre seeing is that podcast ad spend continues to grow at a healthy clip YoY, though we did see a minor pullback from June to July.â
YouTube and Twitter Launch Dedicated Podcast Sections
Shreya: Itâs time to follow up on two developing stories weâve covered in recent weeks, as two giant social media platforms have now rolled out sections dedicated to podcasting.
Last Thursday Twitter started the rollout of the new dedicated Spaces tab.
âIntegrating podcasts into Spaces, where audio conversations happen on Twitter, is another way weâre continuing to invest in audio creators. To do this in a simple and intuitive way that allows listeners to simply hit play and go, we started with a redesigned audio experience in the Spaces Tab.â
Twitter remains an important space for podcasters to both promote and network. With the addition of podcast functionality thatâs native to the app theyâve removed some of the friction between the promotion of a podcast and the potential audience member actually listening.
On that same note: last Monday YouTube launched a dedicated page for podcasts, though only for users in the United States. As covered by Sarah Perez in TechCrunch, the url for the new page was discovered ahead of formal announcement. Despite their thunder being partly stolen, YouTubeâs shown a promising amount of dedication to the industry.
âLast year, YouTube hired a podcast executive, Kai Chuk, to lead its efforts in the space and has been offering cash to popular podcasters to film their shows, reports said. This March, a site called Podnews leaked an 84-page presentation that detailed YouTubeâs podcast roadmap. In the document, YouTube revealed it had plans to pilot the feature by ingesting RSS feeds. It also mentioned a new URL, YouTube.com/podcasts, but the link didnât work at the time.â
A quick note from script writer Gavin: yes, that bit of the quote with the phrase âa site called Podnewsâ hurt me too.
In addition to what Perez covered in the quote, itâs also worth remembering YouTube has recently announced a partnership with NPR to bring their shows to the platform. Itâs safe to say YouTube is one of the big companies that is taking the podcasting industry and its potential seriously.
What happens when high-income households opt out of ads?
Manuela: Last Monday Kelsey Sutton, writing for Marketing Brew, approached an important question: what if the people certain brands wish to market to are also the demographic most likely to pay a premium specifically to avoid ads?
âThe people that advertisers most want to target are hiding from the advertisers,â said Eric Schmitt, research director and analyst on the Gartner for Marketing Leaders. âIt really is going to have some interesting knock-on effects for the ad business over time.â
Podcasting is not specifically name-checked in the piece, but it is a growing phenomenon to keep in mind. Current data tells us most listeners are comfortable with ads as they currently exist in podcasting. Stick around for our Quick Hits section this week if you want a link to some extremely relevant data from a certain study Sounds Profitable published last week.
Suttonâs article points to multi-tired subscriptions to streaming services as the biggest example of the popularization of a premium ad-free option. While these are worth thinking about, thereâs ample room for nuance in the discussion, up to and including services like Paramount+ and Hulu, who have baked-in preroll ads before every television episode or movie regardless of subscription level.
âSchimtt hypothesized that the shift may eventually spell larger challenges for traditional ad-supported media channels, including TV, as marketers look elsewhere to reach higher-income consumers or spend more resources marketing to past customers.â
Ad-free listening is a relatively new invention in podcasting, especially on a large scale. For now we wait and see which way the advertising winds blow.
How and why DTC advertising hasnât cooled off as much as once thought
Shreya: Last Tuesday Digidayâs Michael BĂźrgi published a brief look into the world of direct-to-consumer advertising in a world anticipating DTC upheaval. With the deprecated ability to track conversions due to changes in iOS 14.5 and the additional changes to cookies and third party data, DTC brands are turning to alternatives like branding opportunities to hit their goals. Surprisingly, after seasonal changes are taken into account, thereâs quite a few DTC markets growing.
âFacebook has the highest monthly median spend in July 2022 at $19,022 ($2,000 less than a year prior), according to Varos, a research company that tracks e-commerce spend for about 1,800 companies. Googleâs median spend inched up from $8,101 to $8,209 over the same period; TikTokâs grew from $4,095 to $5,981.â
The commonly-held belief that there would be pullback from DTC spending was indeed widespread, even leading to some companies not surviving. Those who did explore other avenues besides the cheapest and fastest clicks have discovered the wide world of influencer marketing, which just so happens to be where podcasting thrives.
Quick Hits: Recommended Weekend Reading
Manuela: Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This weekâs
Sounds Profitable releases their second study, After These Messages.
Do podcast audiences prefer improvised host-read ads, scripted host-read, or pre-recorded radio spots? After These Messages is a one-of-a-kind study polling over 1,000 podcast super listeners to answer that question. Both the study and the half-hour video of Tom Websterâs presentation at Podcast Movement 2022 are available now.
Streaming surpasses cable and broadcast for the first time by Kurt Hanson.
While not a podcasting story, per se, it does highlight a significant milestone for digital media. People are becoming more and more comfortable unplugging from traditional broadcast media and constructing their own media diets from digital sources. Podcasting could ride along with that.
I made a map of Spotify podcast recommendations. Hereâs what I learned by Dan Misener.
The inner workings of the aggregators are completely unknown to us. While Spotify refutes Danâs points, his research with multiple touch-points shows a very interesting story.
Podcasters test offering more bonus content and additional features to grow subscriptions
An interesting look inside podcast subscription content by Sara Guaglione. Long headline, relatively short article. Transparency on trying new endeavors is always exciting and thereâs some valuable information in this look into premium podcast subscriptions.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
In three years, Allyson Marino built and sold her own podcast company, Lipstick & Vinyl, a network built around strong female voices. Here is Allysonâs story.
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In this episode of Sounds Profitable: Adtech Applied, Bryan speaks with Tamara Zubatiy, co-founder and CEO of Barometer. Barometer contextualizes podcasts based on the GARM brand suitability components and the Media Roundtable Values.
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Hereâs our favorite idea from this conversation: GARM marks different levels of risk when it comes to advertising but thereâs never an ad partnership that brings zero risk to either party (advertiser or publisher).
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Even with the best intentions, bad ad delivery can happen. But why does it happen?
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This week: Appleâs funding podcasts, brand safety tech continues to divide advertisers, what more can and should ad agencies do to support journalism, Edisonâs Latino Podcast Report, and Spotify bundles Chartable and Podsights access for Megaphone users
Apple Ramps Up Its In-House Podcasting Efforts with Studio Deal
Manuela: Rumors of Apple getting into podcasting bore fruit last week with official confirmation. At least, sort of. Ashley Carman and Lucas Shawâs Bloomberg piece from last Wednesday explains:
âThe investments have been led by Appleâs TV studio, rather than its podcast division. Despite being one of the biggest distributors of audio in the world, the companyâs podcasting unit has avoided funding individual shows or buying networks because it wants to be seen as a neutral platform.â
That TV division has entered into a deal with Futuro Studios to fund the creation of podcasts while Apple retains first-look rights on film and TV adaptations. In essence, the deal creates a pilot-factory for Apple to generate new IP and test them in the world of podcasting before graduating to the more expensive filmed version.
âApple hasnât pumped nearly as much money into original podcasts as Amazon and Spotify Technology SA, which have each spent more than $1 billion acquiring companies and programming. Spotify, Appleâs rival in music streaming, has made some of the most popular podcasts in the world exclusive to its service and thus unavailable to the competition.â
Podcasting is becoming a relatively affordable testing ground for IP instead of fully committing to a TV pilot, along with the added bonus of any successful IP getting a built-in audience of fans before the first day of shooting. Successful shows like Netflixâs Dirty John adaptation are proving the method can work and work well.
âA key impedimentâ: Brand safety tech continues to divide advertisers into haves and have-nots
Shreya: This Monday Seb Joseph of Digiday posted an article detailing the growing divide in how advertisers handle being posted to news sites when big, predominantly negative stories break. Nobody wants to be the next viral sensation getting roasted worse than Mr. Peanut when Plantersâ ad campaign temporarily killing their mascot coincided with the death of Kobe Bryant.
In a world full of dangerous news cycles, brand safety tech companies like Integral Ad Science are able to impart more granular control over what content is considered brand-safe in a timely manner.
âThen there are those marketers who donât use the technology. Take British newspaper group Reach plc, for example, which has said the war in Ukraine significantly dampened advertiser demand.
This wonât surprise anyone. The truth is the downside is too steep and the upside too obscure for many marketers to do anything but avoid the polarizing news. That said, not every marketer sees it this way. And if they could afford to, they would advertise on news sites â just in a more nuanced manner.â
An unintended side effect of advertisers deciding what topics are acceptable to block ads on is that some of the biggest news stories are also cutting off some of the potentially best-written journalism of the moment. Joseph quotes Zefr EVP of Strategy and Marketing:
âWe actually donât accept or use keyword blocklists as a policy in our company, because they end up causing the same damage to over-blocking quality voices over and over again and they just donât work well in UGC environments. We instead apply the GARM [Global Alliance of Responsible Media] models for debated sensitive social issues as a way to keep brands in front of suitable content while avoiding the issues that theyâre concerned about.â
Ad Agencies Can, and Should, Do More to Support Journalism
Shreya: Between hedge fund buyouts dissolving seemingly bulletproof institutions and ad dollars drying up when negative stories drop, things are looking rough for journalists. Ricardo Baca writes an impassioned plea for ad agencies, stressing the importance of not only collaborating with journalists but also supporting them with ad buys and subscriptions. He writes from the perspective of having worked on the other side of the fence as a journalist himself years prior.
âTo be clear, agencies are partly to blame here. Weâre stuck on the same vicious treadmill as everyone else: We see the web traffic going to social media, so thatâs where we buy our ads, further siphoning away support from journalism, the snake eating itself. And with news outlets struggling mightily on the revenue front no matter their sizeâfrom local alt-weeklies to major metropolitan dailiesâI am making a plea for agencies to step up.â
Baca suggests treating relationships with journalists not as transactional, but symbiotic instead. Value their time and they will value yours. Donât hold grudges when well-researched reporting generates something the client isnât happy with.
Then thereâs the fact that journalism has evolved beyond gumshoe reporters all working for a monolithic outlet. With more forms of professional journalism becoming the norm, so to must go the advertising support.
âKeep in mind that revenue models have shifted. Consider an agency sponsorship for a Substack newsletter, for example. Sponsoring other popular media formats like podcasts, recognizing both a shift in consumersâ habits as well as the continuity involvedâsomeoneâs got to be paid to create the stuffâis another way to directly support the trade.â
Gabeâs Section
Manuela: The third annual Latino Podcast Listener Report was published on Tuesday, following a webinar discussing the results presented by Gabriel Soto, my co-host on La Descarga and Senior Director at Edison Research, and Elsie Escobar, Director of Community and Content at Libsyn and co-founder of She Podcasts. Supported by Adonde Media, LWC Studios, Libsyn, PRX, and SXM Media this yearâs report revealed many interesting trends as well as new findings.
The study finds that 59% of Latino adults have ever listened to a podcast, up from 56% since last year and up from 45% since 2020.
The lack of Spanish podcast promotion was a recurring theme of the report, and an opportunity exists to bridge such content with foreign born Latinos. The report highlighted the listening gap between Latinos born outside of the U.S. and their U.S. born counterparts. 37% of Latinos born in the U.S. listened to a podcast in the last month, while 29% born outside of the U.S. say the same.
A new statistic released this year revealed seventeen percent of Latino Monthly podcast listeners identify as LGBTQ+. For comparison, the report cited the Gallup pollâs 2021 estimate of 11% of Latino adult population who identify as LGBTQ+
The benefit of advertising on Latino podcasts was also discussed. According to the report, 64% of monthly listeners of Latino-hosted podcasts, say they ever purchased a product or service as a result of hearing a sponsorship or advertising on a podcast, compared with 25% of those who have never listened to a podcast hosted by Latinos saying the same. .
As Gabriel Soto put it, âLatinos in the U.S. control an impressive $1.9 trillion in purchasing power, and todayâs data demonstrate how advertisers who support Latino podcast content are benefitting, while those who donât are missing out,â.
The Latino Podcast Listener Report serves as an invaluable resource to many creators in the podcast space. Weâre happy to see the effort continue. You can download the Latino Podcast Listener Report for free at the link in the show notes.
Spotify Launches New Bundle For Megaphone Users, Adding Access To Chartable And Podsights
Shreya: In an email sent yesterday, Spotify has announced they are bundling enterprise access to recently-purchased services Chartable and Podsights into Megaphone.
âWith this updated offering, you will be able to easily apply attribution measurement to showcase the value of your podcast promotional efforts as well as your direct sales campaigns. All Megaphone clients will now be able to obtain unique insights about their podcast audience while also measuring the audience growth impact of their promotional campaigns through tools like Chartable SmartPromos and SmartLinks.â
Attribution and growth marketing are the major focus in the world of podcast adtech. One of the largest enterprise-focused hosting platforms acquiring two of the top attribution and analytics solutions and offering them for free to existing users is a big deal budget-wise. Though it is worth noting there are strings attached: theyâre free for the first four million impressions.
Since the big Spotify purchase of Podsights and Chartable there's been a massive hole for third party attribution. Companies like Claritas, Veritonic, and Artsai whoâve started to take on that challenge have had an uphill battle. Both Podsights and Chartable are great pieces of tech, but first-party is not neutral. Offers like this will make it even harder to extract them from their hold on the space and jeopardizes third party measurements value in podcasting.
A good deal, but one to keep in mind when considering the future of podcasting as an industry.
Quick Hits: Recommended Weekend Reading
Manuela: Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This weekâs three great reads are:
How alt.NPR's experimentation shaped the early podcasting landscape starting in 2005 by Shirley Liu. They didnât invent podcasting, but NPR was definitely a pioneer. Podcasting opened up NPR to experimentation and launched the careers of so many podcasters.
Ad Disclosure: Podcast Sponsors Aren't Off the Hook from last Thursdayâs PodMov Daily. A story of meal replacement brand Huel getting in hot water over host-read advertising. Podcasting, given its position at the crossroads between radio and influencer marketing, will start to see quite a few stories like this as it continues to enter more mainstream content channels.
Unpaid Internship Rebrands as a $4,000 "Training" by Skye Pillsbury. This issue of Pillsburyâs canât-miss newsletter The Squeeze covers a story exactly as bad as the headline sounds. A true must-read.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
See omnystudio.com/listener for privacy information.
Survey after survey tell us that people continue to discover podcasting every year. But is podcasting growth really a case of three steps forward, two steps back?
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week on The Download: Quarterly earnings, more quarterly earnings, Audio is getting its own track at Advertising Week, and Spotify is giving podcasts their own space in its app.
Arielle: Hope youâre ready for some earnings reports, because weâve got two segments worth of second quarter earnings to go over. First up: the big platforms. Last Wednesday Alyssa Meyers of Marketing Brew posted a roundup of Spotify, SiriusXM and Acast. Things kick off with a silver lining:
âCall it what you want, the ad biz is not looking its best right now. But according to these execs, the growing podcast segment is keeping its head above water.â
Economic uncertainty is undeniably impacting the ad industry. The CEOs of Spotify and SiriusXM both cite âmacroâ trends as being notably dire but not to podcast ads sales. SiriusXMâs Q2 ad revenue for Pandora and associated platforms reports a 5% year over year increase, reaching 403 million. Spotify posted a 31% year over year gain, earning around 366 million. This time around they neglected to isolate their podcast ad revenue as its own statistic.
Meyers quotes Spotify CFO Paul Vogel as saying theyâre experiencing âstrong growth on the podcasting side.â
Hosting service Acast has been busy this second quarter, citing new features, a massive increase of podcasts on the platform, and their acquisition of Podchaser as driving factors of their 39% net sales growth. A figure that calculates out to 31 million USD.
While the macro trends are concerning, The Download will never pass up an opportunity to report numbers going up in podcasting. Big or small, names in the industry are increasing ad revenue, and thatâs a good thing.
Shreya: Now to cover the Q2 numbers from three large broadcasters: iHeartMedia, Cumulus Media, and Audacy. Thereâs a few dark spots throughout but, interestingly, their podcast numbers are shining beacons of hope in all three reports.
Overall iHeartMedia reports an 11% year over year increase, despite, in the words of company president Rich Bressler: âthe uncertain economic environment.â Podcast revenue is up to 86 million, a 60% year over year increase.
Meanwhile, Cumulus Media joined the macro club during president Mary Bernerâs opening statement:
âDespite the challenging macro environment, we increased revenue in the quarter by
more than 5%, driven by our digital businesses whose growth accelerated in Q2 to 20% year-over-year.â
Podcasting made Cumulus around 15 million this last quarter, up 27% year over year. All told, podcasting accounts for 6% of the companyâs revenue. Not too shabby.
Finally, Audacyâs president David J Field brings us a final use of the term âmacroâ for this episode:
âAfter a very strong first quarter in which we grew revenues by 14% and significantly increased margin, our second quarter results were adversely impacted by declining macroeconomic conditions and ad market headwinds which reduced our top line growth to 5%.â
The company made a nice $69m from âdigital,â which includes podcasting, and is up 18% year over year. Podcast downloads grew 40% year-over-year. Revenue from podcasts is supposedly in the upper teens of percentage growth, but Audacy didnât give specifics. Even with the ad market headwinds it seems podcasting is doing well for them.
Arielle: Wednesday of last week was a busy day for Alyssa Meyers, as we cover her second article of the day: âAudio gets its own track at this yearâs Advertising Week.â
Advertising Weekâs head of podcasting Richard Larsson told Marketing Brew,
âThe rise of audio throughout the pandemic, coupled with Advertising Weekâs efforts to build its own podcast network, culminated in the decision to give audio a more official spot on the agenda this October.â
Audio representation continues with one of - if not the - longest-running podcast awards ceremony. Yesterday the Peopleâs Choice Podcast Awards announced the nominees for their 17th annual session. The substantive list of nominees can be found on the Podcast Awards website.
Continuing the award theme with one more bit of news: on Monday the newest issue of Adweek dropped with the winners to the 2022 Adweek Podcast of the Year Awards. The full list of winners can be found in the official Adweek post by Kennyatta Collins.
Shreya: Podcasts and music are taking a break from each other soon on Spotify, according to David Pierceâs article for The Verge, posted this Tuesday.
âSpotify has been working on a new design for its home tab that will create separate feeds for your music and your podcasts. The company says itâs part of an effort to give you more and better recommendations, but it also addresses a common criticism of the Spotify experience: with every kind of audio smushed together in the app, it can sometimes be hard to figure out.â
The new layout creates a bar at the top of the app delineating whether the user is in the Music area or one called Podcasts & Shows. Music will continue to feature new suggestions for songs and albums along with recently-listened tracks while Podcasts & Shows gets rid of music and purely focuses on new episodes of subscribed podcasts and recommendations for shows Spotify believes the user will enjoy.
Pierce offers the comparison:
âTheyâre not so much new home screens as new filters for your home screen. (Iâd rather just have them be separate tabs altogether, but Iâll take what I can get.)â
An app redesign with a dedicated area for podcasting provides more opportunities for promotion. Podcast promotion and growth of audience is one of the hottest topics in podcasting.
Spotify providing more of those opportunities for ads in a way that doesnât step on music-based ads is a big deal. Promotion opportunities are a big enough deal that Dan Misener and Jonas Woost of Pacific Content have left to form Bumper, an agency dedicated solely to promotion.
Arielle: Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This weekâs three great reads are:
Fundamentals of Programmatic Advertising by Evelyn Mitchell. A quick read with a helpful infographic that makes a great introduction for those not familiar with programmatic, as well as those in need of a refresher.
DoubleVerify Grows Q2 Revenue By Expanding Brand Safety To Retail Media, TikTok And Gaming by Alyssa Boyle. Notable in its absence is any entrance into podcasting. Meanwhile IAS, a direct competitor of DoubleVerify, is the brand safety service for Spotify. DoubleVerify not expanding into audio over these other verticals suggests that the IAS and Spotify relationship is more driven by Spotify looking to tend their walled garden. Perhaps the move was more motivated by Spotify themselves rather than actual advertiser demand to have a brand safety partner.
Finally, some self-promotion: Sounds Profitableâs latest research project will debut Tuesday, August 23rd during the Sounds Profitable Business Summit. The Summit, as covered in a previous episode of The Download, will take place in Dallas, Texas during the opening day of Podcast Movement. The âAfter These Messagesâ study will present a definitive take on the impact of live host-read ads, scripted ads, and announcer-read spots. This study was designed by podcast and research industry veteran Tom Webster, in partnership with Edison Research, and will be seen as an important new resource for publishers and brands. Donât miss it.
Arielle: And that was The Download, from Sounds Profitable! I know we went through these fast, so be sure to check out the links to every article mentioned, right in your podcast listening app, or on SoundsProfitable.com/TheDownload. And thank you for sticking with us as we bring you the top stories you might have missed from the past week. I'm Arielle Nissenblatt.
Shreya : AndI'm Shreya Sharma. Our producers are Bryan Barletta and Tom Webster. Special thanks to Gavin Gaddis for writing today's script, and to Omny Studio for hosting The Download. And thanks to you for joining us.
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In this episode of Sounds Profitable: Adtech Applied, Bryan speaks with U of Digital Managing Partner Shiv Gupta about what it means to create a comprehensive educational approach across an industry. Gupta comes to us by way of the digital marketing space, but has spent his career creating programming aimed at educating and serving across different sectors and levels within companies. Adtech Applied cohost Arielle Nissenblatt joins to set up the chat and break it down with takeaways at the latter half of the show.
Listen to learn about:
Hereâs our favorite idea from this conversation: creating opportunities for folks to learn, either if theyâre new to a job or looking to move on to the next level, benefits everyone.
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The Summer of Programmatic continues! You may have already decided that programmatic advertising is important, but is it difficult to get started? The answer is...no! And this week, we lay out a simple plan to get you up and running.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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This week on The Download: New TikTok Trademark Could mean new streaming service, third-party cookies get a stay of execution from Google, Apple App Store ads could signal Apple Podcastsâ future, and two perspectives on the downturn ad economy.
New TikTok App Trademark
Manuela: Last Thursday Dan Whateley and Amanda Perelli, writing for Business Insider, covered a new trademark application for a service called TikTok Music. As the simplistic name suggests, TikTok parent company ByteDance could be looking to branch the TikTok brand out beyond its current relationship to music and create a fully-fledged streaming platform.
âThe idea that ByteDance would launch a standalone "TikTok Music" streaming service in the US to compete with players like Spotify and Apple Music isn't unfounded. It already runs a streaming app called Resso in three markets â India, Brazil, and Indonesia â that has been grabbing market share from other streamers in the past year.â
While nothing has been formally announced or set in stone, the sources Perelli and Whateley contacted for their story suggest itâs highly unlikely ByteDance would file such a trademark. Filing in the US and Australia wouldnât happen without a strong chance the company meant for it to come to fruition. Then thereâs the matter of this move making perfect sense for TikTok.
Why cover this on The Download? Well, in addition to the general fact TikTok is slowly devouring the online world, itâs coming for audio specifically and the trademark application lists, among other things, the proposed new appâs ability to stream:
âdownloadable mobile applications providing podcast and radio broadcast content.â
What remains to be seen is what the TikTok version of âa podcastâ will be.
Google Delays Cookie Death Again
Shreya: Once again we wonât be seeing the death of third-party cookies, as Google has delayed their death blow for another year. Last Wednesday The Vergeâs Richard Lawler covered the story in the article âGoogle delays blocking third-party cookies again, now targeting late 2024.â
âThe plan is to expand the group of Chrome users who have Privacy Sandbox APIs enabled to âmillions of users globallyâ starting in August, then gradually opt more people in throughout the rest of the year and into 2023, giving the publishers and developers of these sites time to find out how the technology works before the APIs are âgenerally availableâ by Q3 of 2023.â
With this second delay third-party cookies are becoming the shoe that refuses to drop in advertising. While podcasting doesnât depend on cookies per se, the ability to track individual consumers remains an expectation of digital marketers who donât want to see the genie go back into the bottle. If it does, podcasts are on equal footing with mobile and web ads, and all will have to do the work to target the right consumers.
Apple App Store Ad Offerings Signal Podcast Future
Manuela: This Tuesdayâs issue of Stratechery covers many sections of the Apple earnings call, but one particular section stuck out to The Download: Appleâs new advertising slots. The new slots are detailed by 9to5Macâs Chance Miller.
âApple is expanding its advertising business and adding two new ad slots to the App Store. Currently, the App Store has two ad slots: one on the main âSearchâ tab and one in the Search results. The two new App Store ads announced today will bring advertisements to the App Store âTodayâ homepage, as well as to individual app pages.â
While the App Store and Apple Podcasts are different services, this change could signal a shift in the winds over in the podcasting world. Currently there are no ads in Apple Podcasts. Apple also puts considerable time into featuring podcasts in places ads would normally appear at no charge. Years of careful curation and optimal placement have caused those spots to become incredibly coveted. By making some of those spaces available for purchase - through search or the home page, or even on pages for OTHER podcasts - Apple would unlock a large revenue opportunity for themselves outside of subscriptions, and provide a new for-pay opportunity for podcast promotion.
Ad Economy Downturn Dual Perspectives
Shreya: On Monday Digidayâs Seb Joseph posted âThe downturn ad economy: A tale of two narratives.â
âThere are two competing narratives on advertising at the moment. They sit uneasily with each other. But both are correct. Ad dollars are being spent, but theyâre also being cut. Yes, these two things can be true at the same time. No, the latter perspective doesnât make the former any less valid or vice versa. Really, itâs a matter of perspective.â
The two warring perspectives in Josephâs piece are that of the big holding companies and agencies versus the platforms. Both are staring down the barrel of a recession and have different reactions.
âItâsno surprise that the marketers who can afford to advertise now are trying to make the most of it. Theyâre spending ad dollars, rather than looking to pull them. Indeed, economic slumps are usually the best chance to buy share of voice cheaply at the same time rivals reduce their own. Itâs a cliche for a reason.
Otherwise, Unilever wouldnât have splurged ÂŁ169.73 million ($206.7 million) on advertising in the first half of the year alone. Coca-Cola did so mething similar, as did McDonaldâs. The largest advertisers will try and advertise their way through the downturn â to a point, at least.â
Podcasting is platform-heavy, working diligently to get the big advertisers to shift their spending into podcasting. Yet those platform peers are the ones getting the short end of the stick when it comes to ad cuts.
âTo survive, companies are cutting costs, including advertising. When these companies advertise, they tend to do so online first and foremost. SMEs and DTCs are nothing but digital-first in many respects. So when these businesses feel the effects of adverse conditions, so do the platforms they advertise on.â
When those in the podcasting industry talk about the push for bigger advertisers in our space, it's not only for growth: itâs to weather the storm. If some of those spend-through-the-storm big fish can be directed to our corner of the world, theyâll keep multiple industries afloat.
Quick Hits Section
Manuela: Finally, itâs time for our semi-regular roundup of articles weâre calling Quick Hits. These are articles that didnât quite make the cut for todayâs episode, but are still worth including in your weekend reading. This weekâs four great reads are:
First: Google Begins Interest Group-Based Ad Experiment by Laurie Sullivan. Google is testing grouping users into interest groups (the article gives âcustom bikesâ as an example).This has implications for podcasting. What would be a great way to reach custom bike fans? A custom bike podcast. Podcasting has a window to figure this stuff out.
Clear your calendar for the afternoon of August 16th as the Latino Podcast Listener Report 2022 is coming your way. The presentation, co-hosted by Gabriel Soto, Edison Research Senior Director of Research, and my co-host on La Descarga, as well as She Podcasts cofounder Elsie Escobar. Registration is open now.
Also: Podcasts are testing out-of-home ads to reach broader audiences by Alyssa Meyers. In a previous episode we touched on the story of Slow Burn buying a billboard to promote their season on Shirley Wheeler in Roe v. Wade battleground states. This covers the wider trend of podcasts dipping their toes in out-of-home advertising, first highlighted by James Cridland over in Podnews. The habit is growing and catching more attention, though it comes with - ironically - less metrics than the already small amount of fingerprinting traditional podcast advertising comes with.
Finally: How Slateâs Charlie Kammerer is prioritizing frequency to boost podcast revenue by Kayleigh Barber. In a piece that rarely happens in mainstream podcast coverage, Slateâs Charlie Kammerer talks through the outletâs podcasting strategy. Of note is the approach that shows integrated value, using podcast paywalls to drive subscriptions of Slate overall.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis.
Bryan Barletta and Tom Webster are the executive producers of The Download from Sounds Profitable.
Special thanks to our media host, Omny Studio.
See omnystudio.com/listener for privacy information.
See omnystudio.com/listener for privacy information.
We're such big fans of Laura Mayer and her new show Shameless Acquisition Target, that we wanted to make sure you didn't miss it. Subscribe directly here!
After years of seeing friends (and some enemies) get rich, rich, rich selling their shows and companies to other bigger shows and bigger companies, longtime podcast executive Laura Mayer has decided to get hers. To do this, she'll speak to straight-up geniuses in the worlds of podcasting, entertainment, and business to understand what value is in media and how to make it. At the end, Laura will sell the show itself to the highest bidder. Will she make hundreds, millions, or even dozens of dollars? Will she be able to afford the gray house down the street from her rental apartment? Letâs find out together⌠shamelessly.
Laura explains why she cares so very much about acquisitions And, hopefully, why you should care, too!
Want to buy MERCH (âHectorâs Placeâ is our newest addition) or buy the show?\
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Want to give Laura Mayer a PIECE OF YOUR MIND?
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Are programmatic ads bad for podcasting? Or are they a lifeline for creators? We ask the number one solo artist in U.S. history.
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Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.
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Bryan speaks with Marketing Brewâs Alyssa Meyers about reporting on podcasting and audio for an advertising-focused publication. Marketing Brew is part of Morning Brewâs network of newsletters. Adtech Applied cohost Arielle Nissenblatt joins to set up the chat and break it down with takeaways at the latter half of the show.
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Hereâs our favorite idea from this conversation: we need subject matter experts who are not just well-versed in their own product or companyâs capabilities, but who also know how their product/company relates to and fits in with the larger audio landscape.
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Programmatic advertising continues to take the spotlight in the growth for podcasting. Now that doesn't mean that host-read ads are fading away or that we need to race to the bottom for pricing. And that is a near and dear topic to my heart. So it's very exciting to have Claire Fanning of SXM Media on the podcast to talk about programmatic advertising and her presentation to the IAB at their upfront event last year and how we can learn more and more from the companies leading programmatic in podcasting.
Credits:
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Podcasting has so much to learn from radio and I do as well. There are so many interesting things that we're discovering or trying to bring to light in podcasting that the radio industry has already done time and time again. And itâs the same with digital advertising, which is where my background is.
So it was really exciting for me to have Pierre Bouvard of Westwood One and Cumulus Media come on the show and teach us a little bit more about radio, what we can learn from it, and how we can apply it to podcasting.
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Brand suitability and brand safety are topics that we're never gonna get away from in any aspect of podcasting. Or advertising in general. And that's why I was so excited to have Claire Atkin, co-founder of Check My Ads on the show earlier this year.
Personally, as an individual, I support their movement and contribute to it every single month. I highly recommend listening to this episode, subscribing to their newsletter, and throwing a few bucks towards the only non-profit ad watchdog in existence.
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When we started using Veritone One to expand sounds profitable into Spanish the whole goal was to show people how accessible it was even with a small team, which sounds profitable is. The success of that attempt led to The Downloadâour weekly news recap podcast, which you absolutely should check outâto be localized by our hosts, Manuel Gabe, in their own words and in their own voice.
This is a must-listen-to episode with Sean King of Veritone One where we talk about why expanding into Spanish is critical for your success in podcasting.
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Arielle Nissenblatt and Bryan Barletta discuss some big Sounds Profitable news â Tom Webster has officially joined the team, we announced a big Summit, taking place at Podcast Movement in Dallas later this year, and weâve got some research presentations coming soon. Bryan and Arielle also recap Bryanâs last few weeks â his whirlwind adventures in Europe, attending both Radio Days Europe in Malmo, Sweden, and Podcast Show London inâŚLondon.
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Hereâs our favorite idea from this conversation: if youâre looking to find a niche in the podcast space, learn all about the podcast and audio market outside of the U.S. According to Bryan, through his experience in Europe, thereâs tons of opportunity here, especially in the advertising space.
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Future articles and podcasts from Sounds Profitable (and me!) are all available here: https://soundsprofitable.com/episodes
Thanks for coming along for the ride, and I hope you'll join me at Sounds Profitable!
Ashley Carman's article on Spotify's earnings call: https://www.bloomberg.com/news/articles/2022-04-27/spotify-dodges-joe-rogan-controversy-forecasts-miss-estimates?sref=W6GJF3MS
Support I Hear Things! http://buymeacoffee.com/tomwebster
Suscribe to the I Hear Things newsletter at http://tomwebster.media
Michael Stelzner's Crypto Business podcast: https://www.socialmediaexaminer.com/crypto-business-podcast/
Brian Fanzo's NFT 365 podcast: https://www.isocialfanz.com/nft365
Support the show at http://buymeacoffee.com/tomwebster
The full Infinite Dial 2022 Presentation: https://www.youtube.com/watch?v=zf3CtkkUqgA
My Medium article, with a recap of the current state of podcasting for 2022: https://webby2001.medium.com/the-state-of-podcasting-in-2022-back-to-work-2b21583c33bc
Spotify's new podcasting interface (from Podnews): https://podnews.net/update/spotify-new-ux
Adori Labs: https://www.adorilabs.com
Sorry about all the police sirens. I wasn't arrested. No, I had to record this on St. Patrick's Day. In Downtown Boston. It's like Christmas, but for alcotourists.
Register for the 2022 Infinite Dial presentation here: https://www.eventbrite.com/e/the-infinite-dial-2022-tickets-290830069567?aff=edisonnewsletter&__s=xxxxxxx
Support for I Hear Things can be provided at https://www.buymeacoffee.com/Tomwebster
Register for the 2022 Infinite Dial presentation here: https://www.eventbrite.com/e/the-infinite-dial-2022-tickets-290830069567?aff=edisonnewsletter&__s=xxxxxxx
The top podcast networks, by reach: https://www.edisonresearch.com/u-s-top-podcast-networks-by-reach-q4-2021/
The difficulty of "hits" in podcasting: https://tomwebster.media/the-oversimplified-superstring-hit-incubation-theory-of-podcasting/
Support the show! Buy Walnut a treat! https://www.buymeacoffee.com/Tomwebster
The full Super Listeners Study is available here: https://www.edisonresearch.com/super-listeners-2021-from-edison-research-and-ad-results-media/
Support the show at: https://www.buymeacoffee.com/Tomwebster
Register for the Super Listeners webinar (free presentation on Feb 16)
We WANT TO BE FREE: https://www.youtube.com/watch?v=xsHly9UuQ-A
Support the show at Buy Me A Coffee!
The "podcasting isn't creating new hits" article: https://www.bloomberg.com/news/newsletters/2022-01-09/podcasting-hasn-t-produced-a-new-hit-in-years
2021 Top Movies: https://www.pastemagazine.com/movies/box-office/highest-grossing-movies-of-2021/#2-shang-chi-and-the-legend-of-the-ten-rings
2020-21 Top TV Shows: https://variety.com/2021/tv/news/most-popular-tv-shows-highest-rated-2020-2021-season-1234980743/
Larry Rosin's article: https://radioink.com/2022/01/11/music-radio-a-kingdom-of-gold/?vgo_ee=6dAkE8pCl7%2FUnVnkEHwyU9dBEzid0g%2F0Hme0NU6Dyjw%3D&fbclid=IwAR27qCcEzU0V8BrM6HwYtsKQ0zVAhsmO06EPe_nbSK6HI-52CPjLYXUMjS0
"Killing New Music" from Ted Gioia: https://tedgioia.substack.com/p/is-old-music-killing-new-music
Support the show at https://www.buymeacoffee.com/Tomwebster
Thanks for listening!
I'd love it if you would subscribe to the newsletter version of I Hear Things, at https://tomwebster.media. You can find all of the data cited in this week's episode there in the article with the same title (The Best Schnitzel in Detroit.)
You can also support the show at https://www.buymeacoffee.com/Tomwebster
The "Who Doesn't Like Pizza" piece: https://tomwebster.media/no-one-likes-pizza/
The best schnitzel I've had: https://www.gasthaus-reinthaler.at
You can support my increasingly bad coffee habit at Buy Me A Coffee, here: https://www.buymeacoffee.com/Tomwebster
Pacific Content's annual Predictions article(s):Â https://blog.pacific-content.com/in-the-year-2022-part-two-92c22c1c44b0
https://blog.pacific-content.com/in-the-year-2022-320f4c175f6f
Thanks for listening! A few links from this week:
Spotify's announcement: https://techcrunch.com/2021/10/27/spotify-says-u-s-podcast-listeners-now-use-its-service-more-than-apple-podcasts/
A Vice article about the "battle" between Pandora and Spotify: https://www.vice.com/en/article/dy8q8a/how-pandora-won-its-royalty-battle-but-lost-the-war-to-spotify
Pacific Content's 2022 Predictions article: https://blog.pacific-content.com/in-the-year-2022-320f4c175f6f
Infinite Dial Live at Podcast Movement Evolutions: https://podcastmovement.com/podmov/pm-evolutions-to-host-infinite-2022-los-angeles/
You can support the show, if you'd like, at Buy Me A Coffee: https://www.buymeacoffee.com/Tomwebster
Subscribe to the I Hear Things newsletter at http://ihearthin.gs
Thanks for listening!
The six-country study we recently completed on in-car radio:Â https://www.worlddab.org/news/blogs/89/car-buyers-survey-2021
A tribute to Rosalie Trombley from Sean Ross:Â https://www.billboard.com/music/music-news/10-songs-cklw-curated-for-me-rosalie-trombley-bryan-adams-7325434/
The Infinite Dial UK:Â https://www.edisonresearch.com/the-infinite-dial-2021-uk-save-the-date/
The Top 50 Podcasts, Q3 2021:Â https://www.edisonresearch.com/the-top-50-most-listened-to-podcasts-in-the-u-s-q3-2021/
Sign up for the I Hear Things newsletter to get access to our upcoming Pitchable Podcast webinar: https://tomwebster.media
The Spoken Word Audio Report (SWAR!) https://www.nationalpublicmedia.com/insights/reports/the-spoken-word-audio-report/
GWAR (GWAR!) https://gwar.net
NY Times analysis of Spotify Data: https://www.nytimes.com/2018/02/10/opinion/sunday/favorite-songs.html
My 2019 piece on why Spotify is getting into podcasting: https://tomwebster.media/spotify-music-and-podcasting-the-meteor-is-coming/
Who Was Prince? https://www.dcpofficial.com/who-was-prince
A better explainer of NFTs than I am: https://www.theverge.com/22310188/nft-explainer-what-is-blockchain-crypto-art-faq
Tamsen Webster: http://www.tamsenwebster.com/
Find Your Red Thread: https://www.amazon.com/dp/B091G3FRFW/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
Subscribe to my newsletter and get all the details of our upcoming webinar at http://tomwebster.media
A data slide of the Independent Podcast Listening Audience can be found at http://ihearthin.gs
James Cridland's analysis of the Spotify news (recommended): https://podnews.net/update/spotify-q321
Source data for the Spotify announcement: https://tomwebster.media/the-most-important-question-in-podcasting-2021/
Understanding Podcast Stats, again from James Cridland: https://podnews.net/article/understanding-podcast-statisticshttps://podnews.net/article/understanding-podcast-statistics
John Spurlock's analysis of download trackers: https://livewire.io/podcast-trackers-by-episode-share/?utm_source=podnews.net&utm_medium=web&utm_campaign=podnews.net:2021-10-15
Support for the show can be offered at Buy Me A Coffee--and thank you for listening. https://www.buymeacoffee.com/Tomwebster
My Podcast Movement keynote:Â https://youtu.be/Ggy6Bs1FsLI
Underlying data and observations about Facebook:Â https://tomwebster.media/the-most-important-question-in-podcasting-2021/
Support the show at Buy Me A Coffee! https://www.buymeacoffee.com/Tomwebster
The Edison Podcast Listener Survey template: https://www.edisonresearch.com/edison-research-podcast-listener-survey/
Buy Me a Coffee!: https://www.buymeacoffee.com/Tomwebster
As always, I appreciate your support, and your subscriptions. You can get the newsletter version of this at http://ihearthin.gs
The Tucker Carlson graph:Â https://tomwebster.media/content/images/2021/10/Tucker-Carlson.jpeg
Most recent Share of Ear:Â https://tomwebster.media/content/images/2021/10/2021-Share-of-Ear-Q2---FINAL.png
Share of Ear by device:Â blob:https://tomwebster.media/4f2ffa14-6588-4c99-8df3-22645f82d916
Support the show at:Â https://www.buymeacoffee.com/Tomwebster
Subscribe to the I Hear Things newsletter at http://tomwebster.media
The Facebook opportunity for podcasting: https://tomwebster.media/accidental-podcast-listeners/
The WSJ reporting on The Facebook Files: https://www.wsj.com/articles/the-facebook-files-11631713039
Twitter: Before And After Trump: https://www.edisonresearch.com/twitter-before-and-after-trump/
Unfriending Facebook: https://medium.com/swlh/unfriending-facebook-new-research-on-why-people-like-facebook-less-74894b927a0
The newsletter edition of this podcast: http://tomwebster.media/podcasting-for-connection/
And your support for this podcast at Buy Me A Coffee is always welcome! https://www.buymeacoffee.com/Tomwebster
Most of the podcasts I talk about are found on the Podcasts page of my website: https://tomwebster.media/podcasts/
You'll have to go to Spotify for Deep Six: https://open.spotify.com/show/0ZeM4Zf9RVknahbM4gk8dS?si=NS9ME2l1TzyPa6l2e_rIIg&dl_branch=1
And I rescued the Mitch Joel episode of The Friday Five here: https://soundcloud.com/tomwebster/mitch-joel-on-2013-05-24-at-0803output
Writers' Workshops, but for podcasters. That's the tweet ;) Also: an extended meditation on failing, failing fast, and the "just ship it" mentality.
Today we talk about whether or not podcasts and broadcasts are two great tastes that taste great together. I also reveal the six phases of radio's relationship with podcasting, the four things radio can do to showcase podcasts effectively, and quote from the great philospher H.I. McDunnough.
Full text at http://ihearthin.gs
"First Listen: KYCY" from May 2005: https://www.edisonresearch.com/first_listen_ky/
On this week's episode, Tom discusses the phrase, "listen to us wherever you get your podcasts." Is this the most effective thing we can say?
Resources mentioned:
Top 50 Podcast Ranker for Q2 2021: https://www.edisonresearch.com/the-top-50-most-listened-to-podcasts-in-the-u-s-q2-2021/
Support the podcast at Buy Me A Coffee: https://www.buymeacoffee.com/Tomwebster
News coverage of podcasting's "slowing market" from Podnews (https://podnews.net/update/adrip-ripping-old) and Hollywood Reporter (https://www.hollywoodreporter.com/news/general-news/analyst-downgrades-spotify-stock-gains-joe-rogan-podcast-deal-1301923/)
Support the show at Buy Me A Coffee!
Support the show by buying me a coffee! https://www.buymeacoffee.com/Tomwebster
The latest research from the Audio Publishers Association: https://publishingperspectives.com/2021/06/audio-publishers-association-12-percent-audiobook-revenue-growth-in-2020-covid19/
The Red Thread: https://tamsenwebster.com/book/
Google Forms:Â https://www.google.com/forms/about/
The Optimization Trap - when NOT to rely solely on listener surveys:Â https://tomwebster.media/archive/no-one-likes-pizza/
On survey incentives:https://tomwebster.media/archive/what-do-listeners-wantpart-one/
Sean Ross on How to Have More Hits: https://powergold.com/how-to-have-more-hits/
Ed Sheeran obliterates the Spotify record: https://www.musicbusinessworldwide.com/ed-sheeran-obliterates-spotify-record-with-68-7m-streams-in-a-day/
Future replaces Future: https://www.billboard.com/articles/columns/chart-beat/7710203/future-makes-history-back-to-back-no-1-debuts-billboard-200-album-chart-hndrxx
Like the show? Subscribe to the I Hear Things newsletter at http://ihearthin.gs and support the podcast at Buy Me A Coffee.Â
Thanks!
From The Guardian: https://www.theguardian.com/tv-and-radio/2021/may/22/are-celebrities-ruining-podcasting
The five biggest celebrities in podcasting in terms of weekly reach:
And for comparison, the five highest paid actors from the past year, according to Forbes:
The worst of the John McEnroe show: https://www.youtube.com/watch?v=QpLX4gzshG0&feature=emb_imp_woyt
Part one of What Do Listeners Want?
Buy me a coffee/support the podcast:
Subscribe to the I Hear Things newsletter at http:ihearthin.gs. All the data I cited is represented there.
James Cridland's exploration of the Libsyn/Buzzsprout data: https://podnews.net/article/spotify-apple-podcasts-market-leader
It's Fun Not To Count Things (on the distinction of "inactive shows" by hosts): https://tomwebster.media/archive/its-fun-not-to-count-things/
Podcast Industry Insights (the source of the total number of podcasts): https://podcastindustryinsights.com/
Clubhouse Users in America: https://www.edisonresearch.com/clubhouse-users-in-america/
Hot Pod: https://hotpodnews.com
Wind of Change wins three Ambies:Â https://www.hollywoodreporter.com/business/digital/podcast-academy-awards-ambies-dying-for-sex-marc-maron-1234954234/
Tom's Diner (the DNA Remix): https://www.youtube.com/watch?v=32ZTjFW2RYo
Thanks for listening. Support the show buy telling a friend, and buying me a coffee!Â
This is one episode that I encourage you to check out my newsletter at http://ihearthin.gs for additional analysis--there are lots of graphs there which help process the data better for those with a visual preference. Also, a couple of your asked about removing the background music. I saw no reason not to oblige.
Links I mentioned:
The Infinite Dial Canada: https://www.edisonresearch.com/the-infinite-dial-2021-canada/
Canadian employment stats: https://www150.statcan.gc.ca/n1/pub/11-631-x/11-631-x2020003-eng.htm
Seth Rogen's podcast announcement: https://variety.com/2021/digital/news/seth-rogen-podcast-comedy-1234970579/
Find Your Red Thread pre-orders: https://tamsenwebster.com/book/
Clubhouse Users in America registration: https://tomwebster.media/ghost/#/editor/post/609e66ccb07d8c6e4055d658
Link to subscribe to the I Hear Things Newsletter, including graphs of the data Tom mentioned in the show: http://ihearthin.gs
Bryan Barletta's Sounds Profitable newsletter: https://soundsprofitable.com
Register for Clubhouse Users in America: https://us02web.zoom.us/webinar/register/6516203299295/WN_U80SXPDQROenIIxcNmYPJA
Rookies vs. Veterans research from Podcast Movement: https://medium.com/swlh/three-ways-to-survive-podcastings-existential-crisis-fe679f0da603
The Top Ten most-recalled brands in Podcasting: https://www.edisonresearch.com/edison-research-announces-the-top-10-most-recalled-brands-in-podcasting-for-q1-2021/
Preorder Find Your Red Thread, from Tamsen Webster: https://tamsenwebster.com/book/
Support the show! https://www.buymeacoffee.com/Tomwebster
This week, I have an early candidate for the Real Heroes of Podcasting Hero of the Year (RHOPHOTY), and the most interesting-yet-largely-ignored-by-podcasters news story of the past couple of weeks. First, a detour from the world of art, or as we say here in Boston, aht.
Paid subscriptions on Apple Podcasts: should you? What you NEED to do if you go down that road. Also: how Clubhouse should spend its sweet VC cash.