Global podcast company Acast is publicizing its accomplishments in Australia. As a broad and significant metric, the company has disclosed that it has delivered $31-million in local ad revenue to its indie podcast creators. The time span for this accomplishment is about six years — Acast entered the Aussi market in 2017.
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Spotify’s well known Chief Financial Officer, Paul Vogel, will leave the company in April. A search for his replacement is underway as of now. All this in a straightforward announcement. It will be a fairly short tenure for Vogel, who… Continue Reading
by Steve Goldstein
“Authenticity is Merriam-Webster’s 2023 word of the year,” Steve Goldstein informs us in his latest guest column. That word resonated in the podcasting field, used to represent a unique value to both listeners and advertisers — “both a cliche and a cornerstone,” Steve says. That brings podcasting up against AI, arguably pretty low on the authenticity scale. Things brings up a conundrum: Is AI a boon to podcasting or a threat? Steve holds forth. Continue Reading
— Heartwarming (Edison Research)
— Question Answered (Sounds Profitable)
— Happy Self-Serveday (Acast)
Nielsen has released its 2023 Consumer Survey Report. This is a consumer sentiment study which stretches across disparate aspects of life — inflation, social media, audio listening, and more. Podcasting is highlighted early in the 28-page report, identified by consumers as the media consumption category likely to grow the most in their personal listening during the next 6-12 months. Click for detail and graphs. Continue Reading
For the eleventh edition of the Podcast Download series, Cumulus Media and Signal Hill Insights retained MARU/Matchbox to conduct an in-depth study of 608 weekly podcast consumers from October 13-19, 2023. This work, combined with Triton Digital’s Podcast Metrics study, comprise this annual fall report. YouTube is the star. Click for metrics, graphs, and a download link. Continue Reading
Vox Media and SXSW (owner of the South By Southwest annual business and networking conference) are partnering to produce a dozen or more live-staged podcasts at the 2024 conference in March. Vox currently claims 39 owned and operated podcasts, and ten of them are confirmed to produce an episode on the SXSW stage.
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— Warning (Colin Rushing)
— Realignment (iHeartMedia)
— Change At The Top (Cumulus Media)
Podtrac has released its annual Top 25 New Podcasts. We compare the 2023 edition with Podtrac’s Top 20 Podcasts for October. One of the values in the New Podcasts list is discovery. These are shows that have succeeded in building and retaining audience, but are largely unknown in the broad market. Continue Reading
In an internal memo also posted publicly, Spotify CEO Daniel Ek announced the company’s third layoff sweep of 2023. Seventeen percent of the company — about 1,500 employees — will receive severance packages. Click through for detailed coverage, quotes, severence package details, and SPOT stock activity. Continue Reading
In his latest piece, guest columnist James Cridland reports on a recent visit to Radio Formula, a national radio station in Mexico, owned by Grupo Formula. A new facility, opened in March of this year, offer gleaming photos. “It was astonishing how much the company had packed into what seemed to me like a quite small space.” James reports. He also reports on the latest RAJAR MIDAS report. Continue Reading