A day after we reported that AdvertiseCast lost its name in a branding reorganization by parent company Libsyn, and was renamed Libsyn Ads, we learn that audio giant Audacy is doing something similar. In this case, Audacy will discontinue the Cadence13 brand and reposition it. Pineapple Street Media, another podcast subsidiary, is affected too. Continue Reading
The IFPI (International Federations of The Phonographic Industry) has released its Global Music Report for 2024, an important annual appraisal of the global music industry. The central result is this: 10.2% revenue growth in 2023. Click through for part one in our coverage. Continue Reading
Audio giant Audacy is announcing a dynamic AI and machine learning initiative which promises to deliver precise targeting of ads to listeners. Leveraging the details of podcast transcripts, the new system enables very precise identification of listener types, and the best times to reach them. Continue Reading
Venerable podcast company Libsyn (formally Liberated Syndication Inc.) has rebranded its subsidiary AdvertiseCast, renaming the platform Libsyn Ads. The adjustment puts a clearer spotlight on Libsyn as a comprehensive multi-platform podcast service. Click for details and quotes. Continue Reading
— Perfect Alignment (The Podglomerate)
— Enthrallment (Tenderfoot TV)
— Heat (Radiotopia)
Magellan AI’s accounting of podcast advertiser spending for February shows a small decrease from January (with fewer days); and most leaders are month-over-month repeaters. Click for details including RAIN’s month-over-month graph. Continue Reading
Spotify is splashing a new product in the company’s self-serve advertising manager. Called Podcast Streams, it is open to podcasters and podcast companies of all levels. Click for details. Continue Reading
As statistical roundups for 2023 continue rolling in, we receive The Top New Podcasts Of 2023, an infographic from Edison Research. Edison’s ranking method differentiates from most others, by deriving results from live surveys, not from download measurements. The key advantage of that method is inclusivity — any podcast in the world is eligible for mention. Click for details. Continue Reading
The picture of music revenue is changing, with emerging revenue categories taking spotlight from older-school key metrics. This important guest column by MIDiA Research Managing Director Mark Mulligan includes a very informative infographic. Mark discusses a strategic shift in the industry. “Anticipating the streaming slowdown, labels and artists alike have been looking for diversification and new growth drivers, with superfans emerging as the central target.” Growth of physical revenues and “other”-category earnings are evidence of “superfan focus.” An essential read to understand how major labels view consumer preferences which shape major-label businesses. (And the infographic is must-see.) Continue Reading
A new company called Audire (a combination of “audio” and “dire” — to speak, in French) has launched in Europe, Latin America, and the U.S. It is a new venture for RAIN sponsor and RAIN Summit speaker Carlos Cordoba. The network spans 150-million users across its addressable regions, including 50-million in the U.S. Click for detail. Continue Reading
In the February edition of Triton Digital’s Top Podcasts ranker for the U.S., there is a lot of month-over-month stability, as usual. In the top 10 shows, nine are the same as the previous month (with some shuffling of positions). We explore various ways Triton’s flexible ranking format can be sorted. Continue Reading
— Promotion (Ana Karina Quiroz)
— More Than Intention (Eric Nuzum)
— New Role (Nina Sturm)