RAIN Notes: March 11
— Farewell to Fellow Fanatics (Rachel Whitney)
— Legacy Media Getting Rocked (Scott Klass and Nathalie Hill)
— Two for One (iHeartPodcasts)
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iHeartPodcast Awards bestowed; Las Culturistas is top winner
The annual iHeartPodcast Awards celebration happened las night (March 10) at SXSW in Austin. The recorded ceremony will be broadcast tonight (March 11) on AXS TV at 8pm ET. SPOILER ALERT: This post contains complete winner information. Continue Reading
Post-bankruptcy layoff action affects 300 at Audacy
Five weeks after broadcasting/audio giant Audacy completed a bankruptcy process and CEO David Field existed the company, the company has completed a layoff sweep that included as many as 300 employees. We learn these key points from multiple news sources, as well as verifications posted on LinkedIn. Continue Reading
Bill Freund, co-founder of Triton Digital, passes away at 56
Entrepreneur and digital audio executive Bill (Billy) Freund has passed away. He was 58. We learn this sad news from Inside Radio, which supplies this note: “In place of flowers, the Freund Family requests that contributions be made in Billy’s… Continue Reading
February podcast production drops 32% year over year (Listen Notes)
New podcast production took a substantial step downward in February, compared to the same month a year ago. And in the month-over-month view, January-February represents the biggest single-month drop of the 12-month period. A macro view of new podcasts per year shows the Covid-era surge followed by a return to normal. Continue Reading
iHeartMedia announces hosts & presenters for upcoming Pod Awards
iHeartMedia has sent around a bulletin revealing who will host the iHeartPodcast Awards next Monday, March 10. The event is a live ceremony at SXSW in Austin, at the Moody heater. Multiple presenters during the ceremony are also revealed today. Continue Reading
Digital media drive local ad revenue; overall spending estimated to rise
In its latest Local Ad Forecast, BIA Advisory Services expects spending to rise, and forecasts digital media revenue to drive a slim majority of that spending. Click for a revealing chart and quotes. Continue Reading
LyricFind sues Musixmatch for anticompetitive behavior
Two major providers of song lyric services are locked in a battle over licensing access to lyrics. LyricFind is the plaintiff here, accusing MusicMatch over what LyricFind calls “an anticompetitive scheme” with major music publisher Warner Chappell Music, Inc. Continue Reading
Libsyn anoints new VP Marketing
Podcast creative and advertising platform Libsyn announces a new executive appointment: Christopher Avello takes the position of vice President of Marketing. Avello will lead the company’s marketing strategy while expanding Libsy’s reach and strengthening engagement. The new role starts immediately, and is based in Boston. Continue Reading
Wondery cuts staff: “No longer required.”
Prominent podcast studio Wondery is trimming staff, but details are not in focus. The story broke in Reuters, which quotes an unnamed source estimating the scope of the action as “dozens and dozens.” Amazon’s public remarks refer to a small number of jobs. Continue Reading
Connected audio leads UK listening metrics (RAJAR)
RAJAR (Radio Joint Audience Research), the radio/audio measurement organization of the UK, released its Winter 2024 MIDAS report. It is designed to “provide context and insight into how, when, and where audio content is being consumed.” The mission is to show and quantify how listeners are embracing the multi-platform and multi-device offering, as well as how on-demand audio is contributing to listening behaviour. The report also reveals consumer location and behavior while listening, how listening happens in groups, and how audio makes listeners feel. Click for detailed coverage and download link.
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Hearing the News: All about news podcast consumers (Sounds Profitable & NPR)
In a new data release from Sounds Profitable, a meticulous analysis of self-described listener behavior seeks to understand the listening habits and preferences of people who listen to News podcasts. Called The News Podcast Consumer, it is part of an ongoing study. Click for details and source link. Continue Reading