RAIN Notes: Monday, November 1
Jottings of Note
— Don’t (Forbes on podcast music)
— Profound Fakery (“We Interrupt This Broadcast”)
— Missing (Spotify/Parcast)
Jottings of Note
— Don’t (Forbes on podcast music)
— Profound Fakery (“We Interrupt This Broadcast”)
— Missing (Spotify/Parcast)
Checking Listen Notes, we see that about 12,000 new podcasts were created in October, far below the 30,000+ shows launched in September, which was substantially lower than August (43,000). It’s part of trend fluctuations strongly influenced by Covid during the past two years. Click through for monthly and annual perspectives. Continue Reading
Jottings of Note
— Not Enough of a Good Thing (Spotify)
— Heat (Amazon Music)
— Money Upfront (DARKO)
In an interesting and inventive crossover, all of Audacy’s Top 40 stations will play a portion of Treat, a “podcast movie” produced by C13Features, on Hollywood night. C13Features is a unit within Audacy-owned Cadence13. It’s an homage to old-time radio drama … and, of course, a powerful podcast promotion. Click for details. Continue Reading
Magellan AI has released its Q3 Podcast Advertising Benchmark Report, revealing and fascinating as previous editions. In it, we see key metrics pointing to vigorous growth of podcast ad spending, in volume, dollars, and new advertising brands entering the space. Continue Reading
In yesterday’s initial coverage of Spotify’s Q3 earnings report, we noted that the word “podcast” was used 17 times in the company’s official release, while the word “music” was used 10 times. In the hour-long earnings call, the emphasis was even more on podcasting, which was mentioned 48 times, while “music” was spoken a mere eight times. Hence the emphasis on podcasting as a business priority in the global leading streaming audio platform. Click a lot of info and quotes. Continue Reading
The second annual Xfronts was held today as a virtual promoting the indie layer of podcast publishers and networks to advertier brands and agencies. Click through for highlights, pics, and links. Continue Reading
by Steve Goldstein In this guest column, Steve conducts a fascinating (and very frank) interview with Gordon Borrell of Borrell Associates. It’s crystal ball time, and Borrell has no sugar coating. “Linear broadcasters or publishers really should be looking at 2031. There is clear data to project what ten years from now will look like… and it does not look good.” This is really about the growth, belated and necessary, of local news coverage in the podcast category. It’s a “massive opportunity” in this conversation. A must-read.
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Research company eMarketer has conducted a global survey of podcast listening, from which it has formulated a projection of global reach to 2024. In addition, eMarketer has released a table showing reach by country in 18 regions. Click for the numbers. Continue Reading
In Spotify’s public-facing Q3 earning summary, the word “music” is used 10 times; the word “podcast” is used 17 times. That’s not to say that podcasting is a more important revenue driver than music, but the category certainly led the discussion in today’s early-morning investor call. Click for details and financials. Continue Reading
Jottings of Note
— Deadly (Evergreen Podcasts)
— Read-along Audio (SXM Media)
— Cold Case (Imperative / Cumulus / Vespucci)
Today The Verge is a hub for rumors that Amazon is building what might be called another Clubhouse competitor. From what we (don’t exactly) know, it sounds like it might also compete with Spotify’s Greenroom, Spotify Shows, Twitter Spaces, Facebook Audio Rooms, and others. Continue Reading