In the Q1 earnings report for Cumulus Media, overall revenue increased 15% year-over-year, representing the fifth consecutive revenue gain. In that broad picture, local spot revenue, the traditional radio revenue metric, increased 13%, and digital revenue grew 18%. Naturally, digital revenue received a lot of attention during the call. Click for details and quotes. Continue Reading
Ben Calhoun, formerly editor of pioneering public radio show This American Life and Serial Productions, has taken the role of Executive Editor of The New York Times’ “The Daily”, one of most successful podcasts in the world and the #1-ranked American show by Podtrac. Calhoun will manage the 50-person editorial and production team at the morning news show. Continue Reading
Anchor co-founder and Spotify’s Head of Talk, Michael Mignano, has announced that he is leaving the audio giant for a new career phase. He announced the decision on Twitter after some leakage of the news. He hints at what’s next. Continue Reading
Facebook is exiting the podcast space which the company was barely in. No shut-off date is publicly assigned to Facebook’s various rudimentary explorations of structured audio. We reviewed Facebook podcasts, twice, and mostly savaged it. Click for details. Continue Reading
New podcast creation dropped to a 2022 low point, according to Listen Notes, which produces a monthly report of podcast production. The month of April saw 8,410 new shows launched, down from 16,246 in March. There has been a steady downward trend in 2022 to date. Click for more numbers. Continue Reading
AdvertiseCast, a subsidiary of podcast host/tech company Libsyn, released the April edition of its monthly CPM tracker, continuing a trendline of how much advertisers pay to market in podcasts of different audience sizes. The average CPM for a 60-second spot across all measured podcasts rose by 1.5%. Click through for details. Continue Reading
iHeartMedia today announces that Sarah van Mosel, formerly CRO of Stitcher, will lead the company’s new iHeart Audience Network (“iAN”), an highly scaled audio inventory and audience targeting environment that spans podcasting (iHeartPodcast Network), streaming audio (iHeartRadio), and the vast reach of the largest commercial radio group in the U.S. Continue Reading
Scott Davis: Hi, I’m Scott Davis, I am the Senior Vice President for NPR sponsorship at National Public Media, and I am with Cassandra LaPrairie, a friend and client from Wise. Cassandra is the performance marketing lead for audio at… Continue Reading
The RAIN Podcast Business Lunch features Cassasndra LaPrairie, Performance Marketing Lead at fintech company Wise, speaking with Scott Davis, SVP of NPR Sponsorship. Continue Reading
Podcast network Wondery has announced and opened The Booth, a free opportunity to participate in surveys, see new podcast ideas before they become public, and (in the promo language) “shape the future of podcasts.” It starts with a survey. Continue Reading
Tom Webster, SVP of Edison Research and a widely recognized keynoter at audio industry events, will leave Edison Research at the end of May. He announced the decision in today’s issue of his I Hear Things newsletter. Click for more info. Continue Reading