Three brands dominate podcast ad spend; $48M in top-15 (Magellan AI, October)

In Magellan AI’s reckoning of the top podcast advertisers (by spend) in October, we see a lot of repetition from the previous months. Nine of the top 15 in the previous month of September landed on the October list again. BetterHelp was the top advertiser, continuing a long streak of supremacy. Click for more analysis and graphs. Continue Reading

Steve Goldstein: Podcasting’s Multiplatform Imperative

by Steve Goldstein

In his latest guest column, Steve Goldstein shares insights from students in his Business of Podcasting course at NYU. Most notably, these students consume podcasts in many venues, from Tik Tok to Spotify to YouTube. The lesson for podcasters? Keep students in mind. “For most podcasters, relying on a single platform for distribution is no longer sufficient.” Continue Reading

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iHeartMedia will get $100-million in BMI sale. So will creators. Not everyone is thrilled.

The acquisition of performance rights organization BMI by New Mountain Capital, which transpired late last week, will put approximately $100-million of cash into iHeart’s balance sheet. Along with that, BMI announced that $100-million of post-sale proceeds will be distributed to music creators. There is some controversy. Continue Reading