Townsquare Media earnings: Net down, digital gains share

Townsquare Media’s COVID quarter tells a varied story in the company’s Q2 earnings release. Net income for the quarter was down year-over-year (a nearly universal Q2 earnings story), while digital revenue gained in share of total revenue. CEO and RAIN Summit keynoter Bill Wilson noted that sequential revenue (month-over-month within the quarter) rose, and that Townsquare Interactive, the company’s subscription service for digital marketing, earned nearly half of total net revenue. Continue Reading

Jeff Umbro: What Does Podcast Attribution Mean? A Deep Dive with Podsights’​ Sarah Cotenoff

by Jeff Umbro

In this week’s column, Podglomerate CEO Jeff Umbro dives deep into the podcast attribution technology, featuring an interview with Sarah Cotenoff from Podsights. Additionally, making up for going dark last week, this newsletter is packed with news and commentary. A must-read. Continue Reading

“Hidden Brain” podcast moves to Midroll Media for exclusive repping

The Hidden Brain podcast, hosted by Shankar Vedantam, has moved its ad representation exclusively to Midroll Media, the ad sales division of Stitcher. (Stitcher has recently been acquired by SiriusXM, from E.W. Scripps, in a deal which will close by Q3). Alongside this deal, Hidden Brain will be produced independently by Hidden Brain Media, starting October 1. The podcast will continue to be distributed by NPR. It’s a chart success — click through to see its placements.
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A new podcast incupator project: iHeartRadio with Tongal

iHeartRadio, one of the world’s largest podcast publishers, and Tongal, a content creation and talent crowdsourcing platform, are teaming up on The Next Great Podcast, an open call for submissions to win resources for developing a new iHeartRadio podcast. Tongal, which has been a resource for film production, will likely gain more recognition in podcasting with this venture. Semi-finalists get $1,000 each, and the winner gets an on-ramp to making an iHeartRadio podcast. Continue Reading

SiriusXM: Streaming, acquisitions, and the uncertainty of podcasting

In its recent Q2 earnings call, Sirius XM discussed streaming, its multiple acquisitions, and podcasting in some detail. Remarks about podcasting are quite interesting, somewhat shading the industry as young and largely immature, while evangelizing the production and marketing power of SiriusXM. Click through for many quotes. Continue Reading

APM announces new podcasts and a returning season

American Public media (APM) has sent PR descriptions of two new podcasts, and one returning show. The return is season two of Spectacular Failures, which is described as “ridiculous stories of business disasters. The new season drops on August 3. No trailer yet. One new show features comedian Tig Nagaro. The other comes from Marketplace and is a children’s show. Continue Reading

Impact (Brian Grazer, Ron Howard) choose ART19 for hosting / distribution

Impact, which is a content accelerator and online marketplace co-founded by Imagine Entertainment’s partners Brian Grazer & Ron Howard, has selected leading audio platform ART19 to host and distribute IMPACT: The Podcast. The show is described this way: “Impact’s new podcast brings together storytellers and entertainment industry leaders to explore the process of content creation and the way art shapes the world around us.” Tons of celebrity guests. Continue Reading