Global podcast company Audioboom released its Q2 earnings this morning (London Stock Exchange), documenting record high revenue and a bit of profit (using adjusted EBITDA) — the first reported profit for the company. Click through for financials and comments from CEO Stuart Last. Continue Reading
Jottings of Note
— New Horizons (James O. Boggs)
— Mapping Radio’s Place (NuVoodoo)
— Bereavement (Mat George)
A 97-paragraph UK Parliamentary committee has issued a dense report which analyzes the British music streaming industry, educating lawmakers about how it works and recommending a “complete reset.” Two main thrusts: Criticism of labels, and recommendation of collective licensing as in the U.S. Continue Reading
Jottings of Note
— Money for Nothing (U.S. Copyright Office)
— Platform of Champions (Acast)
— Hopeful Return (Sonos & PRX)
The leading audio production trade group in the UK is petitioning the government to give tax relief to podcast production houses, following precedents in the movie, animation, children’s TV, videogames, theater, museum exhibition, and orchestra businesses. The idea is to reduce corporate taxes applied to podcast and audiobook production that meets certain criteria. Continue Reading
In 2019, 335,000 new podcasts were created, according to Listen Notes. As of today, 513,000 podcasts have started in 2021, far surpassing 2019’s benchmark year which saw more new podcasts than any previous year. Where are they? What languages? How many episodes? Where are they hosted? Click through. Continue Reading
In a thick and newly released report called Culture Next 2021, Spotify delivers research results that focus on the Millennial and GenZ demos, and how their media consumption trends can appeal to advertisers. Podcasting represents one section, which seeks to promote the effectiveness of podcast advertising for marketers. Continue Reading
Audioboom is announcing the promotion of Thomas Mancusi and Erica Tong. Mancusi becomes Chief Revenue Officer, and Tong becomes Chief Operating Officer. Continue Reading
Edison Research today released its 2021 edition of the Latino Podcast Listener Report, a survey of U.S. Latinos and that group’s relationship with podcasting. Results show an enthusiastic population where familiarity leads to listening at a higher rate than in the total U.S. population. Click for details and graphics. Continue Reading
Jottings of Note
— Accredited (Stony Brook University)
— Resuming the Conversation (Vox)
— Immortality (Radio Hall of Fame)
The Stitcher Podcasting Report 2021 examines listening and user metrics within the Stitcher app, which, because of its popularity and scale, might be considered a guide to user tendencies at wider scale. In Part 2 of our coverage, we see revealing charts which illustrate power listeners driving becoming more voracious over time. Continue Reading
We take a second look at the Voice Consumer Index 2021 study from Vixen Labs. In this part: What do consumers search for, and which industries benefit most? Click for details and graphics. Continue Reading