

Sounds Profitable
Bryan Barletta
The pace of change the podcast industry is undergoing is staggering. The implications for podcasters, hosting providers, podcast listening app developers, and advertisers and agencies are enormous. And so is the growth potential. Presented as a companion to the weekly newsletter of the same name, our podcast provides you with direct access to our narrated articles, interviews with industry experts, bleeding-edge research, and can't miss industry news recaps. That Sounds Profitable, right? Assumptions and conventional wisdom will be challenged. Easy answers with no proof of efficacy will be exposed. Because the thinking that got podcast advertising close to a billion dollars annually will need to be drastically overhauled to bring in the tens or hundreds of billions of dollars podcast advertising deserves.
Episodes
Mentioned books

Apr 22, 2022 • 9min
Data Scraping Is Officially Legal + 5 other stories for April 22, 2022
Today on The Download; data scraping is officially legal, recent Spotify purchases prove concerning for some, and what fiction podcasters can learn from their non-fiction cousins. Collecting data just got legally less questionable in the United States. On a Tuesday news roundup for ExchangeWire, Hanna Dillion covered a huge decision by the US court of appeals. The suit, brought by LinkedIn to prevent a rival company from scraping their publicly-available data, has ended with the Ninth Circuit of Appeals declaring the act of data scraping legal. The act of scraping - using software to automatically collect data hosted on the public internet - is now legally defined as an act that is not classified as hacking with the court’s decision. Scraping, thus, does not violate the Computer Fraud and Abuse Act of 1986. The landmark ruling should come as a relief to academics, journalists, researchers, and archivists, for whom scraping publicly available information from the internet is an integral part of their day-to-day work. The decision, however, could also renew privacy and security concerns, as web scraping has been used for nefarious purposes in the past; in May 2021, several tech giants filed lawsuits against Clearview AI, a facial recognition startup which claimed to have scraped billions of social media profile photos, without the consent of users. What does this mean for the podcasting world? One can legally scrape data, but what they do with it remains a legally gray area. Scraping publicly-available RSS feeds for academic purposes is fine. Scraping those same feeds for email addresses with intent to spam anyone who isn’t using a certain company’s hosting service with offers to switch to said service is subject to other pre-existing laws. For more on the state of data scraping, see our March 11th episode coverage of a story about a similar lawsuit. Up next, in yet another recurring thread that has resurfaced: last Friday a Morning Brew article by Alyssa Meyers went live, titled “Spotify’s acquisition of podcast analytics firms has some in the industry concerned.” The piece acts as an industry reaction to the February acquisition of Podsights and Chartable (see The Download’s February 18th episode for our coverage at the moment). In the interest of full disclosure, we must note one of the industry voices quoted by Meyers is Sound Profitable’s own Bryan Barletta. The week after Spotify announced the acquisitions, Mike Kadin, CEO of podcast hosting and monetization platform RedCircle, told Marketing Brew it “had folks reach out to us from major publishers and ask if we have attribution technology. I’m not super worried about it, but it does sadden me to see more chunks of the ecosystem getting centralized.” It’s no secret the official position of The Download is pro-third party analytics to keep the industry honest and prevent further walled gardens of information in adtech. The concerns continue to be real and the industry will continue to fret until more options exist. Once again we return to highlighting the global nature of podcasting outside of English-speaking markets. On Saturday Luis Pablo Segundo, writing for Milenio, broke down the results of a recent study. The flashiest piece for our audience is the reveal that ad spending on podcasts in Mexico has risen fifty percent from 2019 to 2021, though it still represents a small market share in comparison to traditional radio. Traditional radio is expected to reach an advertising revenue by 2025 of $480 million, 10.6 percent higher than what was recorded in 2021, while podcasting will remain almost 11 times lower at $44 million, according to consulting firm PwC. A quick note for our Spanish-speaking audience: this story, as well as every other story covered each week, is covered in our Spanish sister podcast La Descarga! Hosted by myself and Gabriel Soto. Before we leave the realm of global podcasting growth, a small bit of news from Canada. eMarketer’s Paul Briggs shared last Monday data predicting almost two-thirds of the Canadian population will listen to some form of digital audio by the end of 2022. Last Thursday media critic and podcast producer Wil Williams guested on the Hot Pod newsletter with a column titled “What fiction podcasters can learn from nonfiction podcasters.” Their piece aims to provide fiction podcast producers, aspiring and existing alike, tools to build stories with techniques that are second nature to their nonfiction cousins. Over three sections Williams explores story flow, following a thesis, evocative sound design while providing three examples of existing podcasts that best embody these traits. But while fiction is finally getting its due, nonfiction is still considered the primary mode of storytelling in podcasting. This can cause some understandable contempt from fiction creators, but there's creative gold to be found in nonfiction. If you want your stories to have realistic goals, realistic sounds, and realistic characters, listening to real stories about real people can help you find those roots. Their piece heaps praise on high-quality nonfiction podcasts while also identifying what they do to be high quality. Podcasting needs more successful shows made by well-read producers. Williams effectively provides an entry-level reading list covering everything from a critically-acclaimed episode of Radiolab to the pilot of the hyper-niche podcast The McElroy Brothers Will Be in Trolls 2. Consider their nine to be an extended version of The Download’s occasional suggested reading sections. Knowing why and how podcasts work is the key to making more podcasts that work. For our final full story this week: Matt Deegan’s recent article “Tech Trying to Do Radio & Consistency.” Posted on Wednesday to his Matt on Audio newsletter, Deegan circles back to the topic of live audio and interrogates why the trend has swiftly fallen out of public favor despite multiple platforms. A consistent trend Deegan notes, similar to that of Facebook quietly abandoning podcasting endeavors, is a lack of follow-through and consistency. The vast majority of radio’s success comes from consistency and I’d argue that most successful podcasts are consistent too. If you take out the short-run documentary series, the vast majority of podcasts at the top of the Apple Podcast charts are long-running shows (and that’s with an algorithm that focuses on new). Meanwhile, the majority of flagship podcasts and content creators meant to push new services, such as Spotify’s forgotten Podcasts with Music feature, have faded away months after launch. Flashy tech does not make a successful long-standing platform. The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis. Bryan Barletta and Evo Terra are the executive producers of The Download from Sounds Profitable. Special thanks to Ian Powell for his audio prowess, and to our media host, Omny Studio.See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.

Apr 17, 2022 • 21min
How to Position Your Podcast to Be Featured in the Major Podcasting Listening Apps
Today on the show, Bryan Barletta speaks with Steve Wilson, chief strategy officer at QCODE Media. They discuss what it takes to get podcasts featured in major podcast listening apps, building relationships with podcast discovery platforms, and becoming a co-marketing partner.Listen in to learn about:
Steve's background and how he got into the podcast world.
How to put your best foot forward when it comes to partnering with podcast listening apps.
Why it's worth it to spend time cultivating relationships with in app curators.
Why it's worth experimenting with different strategic partnerships plans with different listening apps.
Pod.link, and why it's important to use, but it's not everything.
Here’s our favorite idea from this conversation: podcast publishers have an opportunity, when posting on social media, to elevate the relationships they have (or want to have) with podcast listening apps, by promoting the link to their show on Apple or Spotify or Castbox (we could go on all day).Links:
Steve Wilson
QCODE
The Download
Sounds Profitable: Narrated Articles
SquadCast
Credits:
Hosted by Bryan Barletta
Hosted by Arielle Nissenblatt
Audio engineering and transcriptions by Ian Powell
Executive produced by Evo Terra of Simpler Media
Special thanks to James Cridland of Podnews
Sounds Profitable Theme written by Tim Cameron
See omnystudio.com/listener for privacy information.

Apr 15, 2022 • 11min
Audio is the Fastest Growing Digital Ad Sector + 6 Other Stories
This Week On The Download: the IAB cites digital audio as the fastest-growing digital ad sector, Anchor language update embraces global podcasting, and Adweek launched their own podcast network. Let’s get started. Good news for those in the world of digital advertising: your efforts are working extremely well, according to the International Advertising Board. On Tuesday the IAB published an article titled https://www.iab.com/news/digital-advertising-soared-35-to-189-billion-in-2021-according-to-the-iab-internet-advertising-revenue-report/ Not the catchiest of headlines, but the article is full of good news. “The growth is consistent with a recent study from Harvard Business School, commissioned by IAB, which showed the internet economy has grown seven times faster than the U.S. economy over the past four years and now accounts for 12% of the U.S. GDP.” Digital advertising in general might be up, but there’s a tiny bit of news for the world of podcasting. Digital video, social media, and search revenue are all trending upward but digital audio has outpaced them all. According to one of the IAB’s highlights, digital audio took home the highest year over year growth at 57.9%, totaling $4.9 billion. There’s a lot changing in the world of advertising. Both this and previous episodes cover the small evolutions required to adapt to new tech, legislation, and industry standards. Despite it all, podcasts are still bringing in the money. One of the big-picture stories we’ve been following on The Download for months is that of podcasting as a global medium, not just something for English-speaking markets. The biggest news on that front was posted last Thursday on the official blog of Spotify’s podcast hosting platform Anchor. As of Thursday, https://blog.anchor.fm/updates/anchor-web-localization?utm_source=podnews.net&utm_medium=rss&utm_campaign=podnews.net:2022-04-11 “One of our biggest goals is to ensure that creators everywhere have access to all the robust tools and features Anchor has to offer. And while creators around the world have been able to record, host, and grow their podcast on our platform, Anchor on web hasn’t always been available to everyone in their native language.” As podcasting grows its infrastructure needs to grow with it. Localizing websites built for a different language is difficult under the best conditions. A major player in the podcasting industry allowing sites built on their service to be built in the native language of thirty five languages is a big step forward in supporting a world where the idea of a podcast does not automatically default to something produced in English. On Tuesday Al Mannarino, writing for thehttps://www.adweek.com/podcasts/. “We are excited to announce the launch of the Adweek Podcast Network, the first-ever podcast network for advertising and marketing professionals, brand enthusiasts and anyone curious about what the heck that ad they saw was about.” The new network is planned to feature twelve podcasts, featuring five new creations, four existing Adweek shows, and three pre-existing podcasts from Adweek partners. “Through our partnership with Acast, the world’s leading independent podcast hosting platform, we’ll make sense of trends, tackle pressing challenges, and share top-tier insight to help you level up your career, creativity and strategy.” Adweek joins an ever-growing group of media outlets, organizations, and others who’re capitalizing on the inherent cross-promotional capabilities of a network. More content, more inventory, and a shiny new delivery vehicle for their existing ad sales team. What’s not to love? A changing of the guard is happening at Ad Results Media. https://www.businesswire.com/news/home/20220412005775/en/%C2%A0Ad-Results-Media-Appoints-Co-CEOs-Steven-Shanks-and-Michael-Kropko. Chief revenue officer Steven Shanks and chief operations officer Michael Kropko are slated to replace Williams as co-CEOs. Williams’ replacements aren’t newcomers to the industry, either. New co-CEO Steven Shanks laid out his bone fides: ““I’m honored to have had the opportunity to learn from Marshall for the last decade. I’ve enjoyed purchasing some of the first podcast ads, negotiating some of the largest buys in the history of podcasting, developing 360-degree integrated ad concepts, building sponsorships from the ground up, and ultimately fueling the industry up to $2 billion in ad revenue. I’m thrilled to work with our team to further innovate and deliver performance for our clients.” While ARM looks to the future with two new CEOs and a former as chairman, it’s worth acknowledging William’s contribution over two and a half decades. ARM has played a big part in the growth of podcast advertising and Williams’ involvement was easily a large influence in how Podsights became the success they are. The Download has covered multiple articles about upcoming privacy changes on larger platforms and how they’ll affect advertising. On Mondayhttps://www.businessinsider.com/impact-apple-privacy-changes-meta-youtube-snap-twitter-lotame-2022-4?nr_email_referer=1&utm_source=Sailthru&utm_medium=email&utm_content=10_things_tech&utm_campaign=Post%20Blast%20sai:%2010%20Things%20in%20Tech:%20Musk%27s%20U-turn&utm_term=10%20THINGS%20IN%20TECH%20SEND%20LIST. “The fallout from Apple's major privacy update is expected to continue well past the first year of its rollout, with a new analysis estimating the change could dent Meta, YouTube, Snap, and Twitter's revenues by almost $16 billion in total this year.” Facebook parent company Meta is projected to take the biggest hit with a revenue impact of 9.7 %, just edging out Snapchat owner Snap’s 9.6% loss. Though, where Snap is losing just under $550 million, Meta stands to lose $12.8 billion. “The change forced many advertisers to reassess their marketing and shift spend into channels that are less reliant on Apple's tracking identifier, such as offline advertising or Apple's own search ad products.” This humble podcast news aggregation podcast wishes to point out podcast ads are a pre-existing channel that are in no way reliant on Apple’s tracking identifier. On the February 10th episode of The Download we covered an Ashley Carman op-ed in Hot Pod that highlighted Facebook’s apparent lack of interest in a push into podcasting, a move the company had seemed to be quite vocal about. Carman is back, and the news isn’t looking good for podcasters who favor their grandparent’s favorite social media platform. In an article for Bloomberg, Carman’s new headline reads “https://www.bloomberg.com/news/articles/2022-04-14/facebook-is-pulling-back-from-its-foray-into-podcasting.” “A spokesperson for Facebook said the company is still working on podcasts even as it’s accelerating work on priority features like Reels and Feed. The company is seeing good engagement for its audio products, according to the spokesperson, who declined to provide specifics.” Meta’s focus appears to be firmly directed towards plans to build a shortform video platform to compete with TikTok and building out their virtual reality hangout space Metaverse, where users can have meetings and buy NFTs. Meanwhile, the proposed projects to get Facebook-exclusive podcasting have been left to die on the vine. Carman’s reporting reveals multiple contractors who’d been brought on to create content for both Facebook’s podcasting arm and their social audio platform have not had their contracts renewed. Facebook sponsored Podcast Movement last August, yet was absent from Podcast Movement Evolutions last month. Still, not all hope is lost. Carman’s report ends with anecdotal evidence that might suggest there’s still a use-case for podcasting on Facebook. “But even Facebook’s limited podcasting efforts have been a source of growth for some content providers. TYT Network, which produces political programming, said Facebook is its second-most-popular listening platform after Apple Podcasts.” Finally, it’s time for our semi-regular roundup of articles that didn’t make it into today’s episode, but are still worth working into your weekend reading. The first title: https://www.theverge.com/2022/4/12/23020962/ariel-shapiro-joins-the-verge-as-lead-reporter-for-hot-pod And finally: https://www.amplifimedia.com/blogstein/what-i-learned-teaching-a-nyu-course-about-podcastingAs always, the links to every article mentioned on an episode of The Download can be found in the episode details. The Download is a production of http://soundsprofitable.com/. Today's episode was hosted by

Apr 15, 2022 • 16min
Podcasting's Most Important Investment
Suscribe to the I Hear Things newsletter at http://tomwebster.mediaMichael Stelzner's Crypto Business podcast: https://www.socialmediaexaminer.com/crypto-business-podcast/Brian Fanzo's NFT 365 podcast: https://www.isocialfanz.com/nft365Support the show at http://buymeacoffee.com/tomwebsterSee omnystudio.com/listener for privacy information.

Apr 10, 2022 • 37min
Recapping Podcast Movement: Evolutions
Today on the show, Bryan Barletta and Arielle Nissenblatt discuss Podcast Movement: Evolutions, which took place last month in Los Angeles. Overall, they had a blast, met with a ton of industry folks, had some nice meals, and attended some innovative sessions. Bryan and Arielle take time to highlight Evo Terra's Podcast Hall of Fame acceptance speech.Listen in to learn about:
The overall feel of the event
The YouTube announcement
Bryan's on-stage time
Arielle's social media talk
Evo Terra's acceptance speech and his call to action for the future of the industry
Future podcast events
Here's our favorite idea from this conversation: It was super neat to meet Sounds Profitable listeners, sponsors, and readers in person! Links:
Podcast Movement
Evo's speech
The Download
Sounds Profitable: Narrated Articles
SquadCast
The Podcaster's Dilemma
Credits:
Hosted by Bryan Barletta
Hosted by Arielle Nissenblatt
Audio engineering and transcriptions by Ian Powell
Executive produced by Evo Terra of Simpler Media
Special thanks to James Cridland of Podnews
Sounds Profitable Theme written by Tim Cameron
See omnystudio.com/listener for privacy information.

Apr 8, 2022 • 11min
Digital Ads Evolve As Online Privacy Increases + 4 more stories for April 8, 2022
**This week on The Download; digital ads evolve as online privacy increases, Substack poaches podcasts from Patreon, and iHeartMedia is buying NFTs to make podcasts about them.**A fair amount of coverage has been written about the so-called death of targeted advertising. Privacy changes implemented by Google and Apple have made some waves, but said waves are having interesting effects on the industry. On Wednesday Brian Chen and Daisuke Wakabayashi published a New York Times piece called *You’re Still Being Tracked on the Internet, Just in a Different Way*. A fair amount of coverage has been written about the so-called death of targeted advertising. Privacy changes implemented by Google and Apple have made some waves, but said waves are having interesting effects on the industry. On Wednesday Brian Chen and Daisuke Wakabayashi published a New York Times piece called *You’re Still Being Tracked on the Internet, Just in a Different Way*. Throughout the piece Chen and Wakabayashi alternate between birds-eye views of the tech industry and personal anecdotes from small business reflecting the changing landscape of traditional digital ads. “The rise of this tracking has implications for digital advertising, which has depended on user data to know where to aim promotions. It tilts the playing field toward large digital ecosystems such as Google, Snap, TikTok, Amazon and Pinterest, which have millions of their own users and have amassed information on them. Smaller brands have to turn to those platforms if they want to advertise to find new customers.” Where in previous years a business would be able to purchase ad space on services like Instagram or Facebook, famous for their tracking providing fine-tuned results, now the pendulum has shifted. “Shawn Baker, the owner of Baker SoftWash, an exterior cleaning company in Mooresville, N.C., said it previously took about $6 of Facebook ads to identify a new customer. Now it costs $27 because the ads do not find the right people, he said.” With the devaluing of assumed default channels of advertising, more budgets are being redistributed to new avenues of advertising. Especially options with first-party data. While podcast advertising doesn’t offer that data for users, the contextual nature and growth of podcasting-first data solutions are becoming appealing options for those buyers Dave Jones (no relation to the undersea legend) posted a blog to Substack Monday with intent to clear the air on Podcasting 2.0. What exactly is Podcasting 2.0? As Jones puts it: “The Podcasting 2.0 project is simply this: A vision of what podcasting experiences can be in the future, and a set of free, open source standards for how that vision becomes reality.” Jones goes on to give context for what some of these open-source standards could look like, folding them into a fictional day in the life a podcast super-listener named Joy. Throughout Joy’s typical work day she uses a one-size-fits-all podcatcher app that folds features and functionality from existing first-party services into one place. Whenever a video podcast she likes goes live, Podcast 2.0 framework allows her to join in and listen to just the audio (much like YouTube’s audio-only feature). When she dips into the video portion of the stream she can tip money to the hosts, causing an on-screen notification akin to Superchats on YouTube and donations on Twitch. Her app displays episode-specific links and data mentioned in podcasts manually placed by the hosts. It automatically switches to lower bitrate versions of audio feeds when traveling into areas with poor signal. In Joy’s Podcast 2.0 world she can check comments and reviews aggregated from other podcasting apps. “Every bit of the above scenario is perfectly possible using only RSS and open source standards. Much of it is already functioning today in apps and services that are early adopters.” For those who’ve only heard of Podcasting 2.0 in passing, Jones’ piece aims to explain the passion and potential open-source future the concept could provide. We move from a story posted on Substack to a story about Substack. On Tuesday Ashley Carman published the Bloomberg piece Substack Poaches Patreon Stars for Expanded Push into Podcasting. Substack now offers two resources popular with monetized podcasts: a newsletter and a private RSS feed for paying subscribers. Substack’s COO Hamish McKenzie says the company is giving grants to certain podcasters who make the switch from Patreon. Though, like a recent report on YouTube offering grants for podcasters to pivot to video, Substack is keeping quiet as to which specific podcasts got grants. Currently only four are known. The grants Substack offers serve to soften the blow of abandoning an existing service. Patreon does not offer the ability to take paid subscriptions to a competitor’s platform. Podcasters making the switch will lose patrons, moreso than they normally would to monthly churn. Marketers have been telling podcasters that newsletters are a successful way to create and own an audience. Substack taking initiative shows they might begin to own and understand the market of podcasts centered around communities. And, by extension, own the revenue derived from said market. That said, this introduces another hosting solution that does not appear to be following IAB standards. Substack joins Apple’s subscription product, Supercast, and Supporting Cast in that crowd. This isn’t necessarily an issue for the individual user because they provide first party info. Nevertheless, it does show the IAB standard doesn’t have the teeth many hoped it would as this industry continues to grow ****Soon it might be time to break out the picket signs and pro-worker chants at Spotify. On Monday Ashley Carman, making her second appearance this episode, published the Bloomberg article *Spotify Podcast Union is Ready to Strike Over Contract Terms*. Barring successful negotiations, the Parcast Union is poised to execute the first ever strike at Spotify. The union cites unaddressed issues include basic concerns like pay, but also staff diversity concerns and IP rights. “The bargaining committee told Bloomberg News that Spotify specifically doesn’t want to commit to a request that half of job candidates who make it past the phone interview stage be people of color, people who identify as LGBTQ+ or people with disabilities. They also added they haven’t agreed on acceptable salary minimums.” 97% of Parcast union members have pledged to join the strike, spanning multiple departments. “A strike would be a first for Spotify and would come at a particularly fraught time for its podcast ambitions. The company laid off the internal team at its fourth podcast studio, known as Studio 4, in January, and has struggled to get much of its headline-driving content off the ground.” For more information on that reference to unreleased headline-driving content, we direct you to the March third episode of The Download for coverage of that particular story. Here’s hoping the union walks away from the bargaining table with their goals achieved. People deserve to be paid a fair living wage, and podcasting on the scale Spotify operates at is certainly big enough to handle that. For our final story of the week, something bizarre. Non-fungible tokens, a digital collectible known for being rife with pump-and-dump schemes and other classic forms of financial scams, are potentially getting their first big break in podcasting through iHeartMedia’s new scheme. Sara Fischer, reporting for Axios, broke exclusive news on Tuesday: iHeartMedia is building a podcast network around NFTs they’ve purchased. “iHeartMedia is currently in talks to make 10–15 investments in prominent NFT collections over the next few days — including CryptoPunks, Mutant Ape Yacht Club, and World of Women — per Khalil Tawil, EVP of strategy at iHeartMedia.” As Tawil describes it, iHeartMedia will purchase NFTs from various internet-popular collections and then craft a slate of podcasts that retroactively create a series of stories and characters around the algorithmically-generated artwork they sort-of own. Fischer quotes Khalil Tawil as saying there is “no real precedent for this.” While technically true in the context of podcasting, it’s not new in other forms of media. Most notable are the multiple attempts at getting NFT animated series off the ground, as Vice covered in November. Though, iHeartMedia has the scale needed to truly take advantage of the IP inherent in their purchases. From Hot Pod on Thursday, “One of the unique features of these character-based NFT series is that they often hand IP rights over to whoever owns them. That means if you buy a Bored Ape, you can print your Bored Ape on a T-shirt, market that shirt online, put it on a billboard, and so on. Folks who believe in the NFT hype want to turn these collections i

Apr 3, 2022 • 10min
For Your Consideration: The Many Flavors of Sounds Profitable
We’re offering up a special treat for you today. You see, a lot of the Sounds Profitable crew was all at Podcast Movement Evolutions last week... and what a week it was! Think non-stop discussions about podcasting, ad tech, equipment, statistics... and more. This week, as we wind down from all the hype, networking, eating, and drinking that occurred in LA, Bryan's having some fun in Disneyland with his family, and Arielle's enjoying some time with family on the west coast. This episode is actually from an episode of another of our podcasts, called Sounds Profitable: Narrated Articles. And that podcast is what it says on the box—an article published on Sounds Profitable that’s narrated by the writer. In this case, it’s Bryan, walking you through the entirety of the Sounds Profitable family of shows. At least as they are today. Credits:
Written by Bryan Barletta
Copy editing by Evo Terra
Rather read it? https://soundsprofitable.com/update/many-flavors
Audio engineering by Ian Powell
Sounds Profitable theme written by Tim Cameron
Sounds Profitable: Narrated Articles is a production of Sounds Profitable. For more information, visit soundsprofitable.com.See omnystudio.com/listener for privacy information.

Apr 1, 2022 • 8min
Podcast CPMs Outpace Digital + 4 more stories for Apr 1, 2022
Today on The Download from Sounds Profitable; podcast CPMs blow digital out of the water, a leaked document reveals YouTube plans for podcasters, and iHeartMedia breaks into kids podcasting. In a development some industry veterans might not have seen coming when they got started in the industry: The Wall Street Journal has an article about podcast advertising. And what’s better: podcast CPMs are doing well. Last Friday WSJ’s Megan Graham published “Streaming Audio Climbs the Charts With Marketers, but Some Want More Certainty.” Graham’s 900-word report combines interviews with advertisers with data from sources like the Infinite Dial to give a birds-eye view of the industry. “In early 2021, some 68 percent of Americans aged 12 and older said they listened to online audio in the previous month, up from 47% who said the same in 2014, according to surveys conducted by Edison Research and Triton Digital.” Graham goes on to cite a Standard Media Index study showing podcast CPMs rose to $26 in Q3 2021, up four dollars from 2019. The piece covers some of the inherent issues with confirming the reach and success of a given podcast ad, but primarily presents a bright future to the industry through quotes from ad buyers big and small. While it’s not full of brand-new information that’d shock someone with an eMarketer bookmark, it does reflect a healthy and growing industry. And did we mention the Wall Street Journal is talking about podcasting? Last week we covered the developing story of TV ratings giant Nielsen, their pack of evolution, and a rejected buyout offer of six billion dollars. According to InsideRadio this Tuesday, Nielsen has sold for sixteen billion to a collective of private equity firms. “The Nielsen board voted unanimously to support the acquisition proposal, which represents a 10% premium over the consortium's earlier proposal and a 60% premium over Nielsen's stock price before the potential sale surfaced in early-March.” Barring any unforeseen interruptions, the deal is expected to close in the latter half of 2022. Now we wait to see if, as said last week on The Download, yet another third party incumbent for measurement and research becomes a proprietary service under new ownership. YouTube’s planning big things for podcast integration, monetization, and analytics, according to an exclusive scoop on Wednesday from Podnews. “Despite no announcement from YouTube’s director of podcasting, Kai Chuk, at Podcast Movement Evolutions last week, Podnews has been sent an 84-page presentation produced by YouTube, intended for podcast publishers. In it, three slides marked ‘Looking Ahead’ allow us a view into what YouTube is planning.” The most notable features of the leaked deck are a promise of RSS feed ingestion, monetization both through Google and approved larger partners, and they’re open to accepting podcast measurement solutions. The final comes with a promise to integrate YouTube data into “industry-standard podcast measurement platforms.” This is paired with the logos for Podtrac, Charitable, and Nielsen. Podnews offers the insight with “Chartable was bought by Spotify in February, so perhaps this slide shows companies that YouTube have worked with, rather than companies it might work with in future.” Shreya: Spotify is testing out one of its new toys in a new test integration of discovery platform Podz. As reported by Tech Crunch’s Sarah Perez on Monday, a Twitter thread from early adopter Chris Messina showcases the new feature. The Podz integration as of this writing is visually similar to algorithm-driven vertical feed apps like TikTok, providing Spotify users with a seemingly infinite virtual feed of sixty second audio clips from podcast episodes matched to show art, animated transcript, and episode information. “What made the company’s technology interesting is that it didn’t rely on podcast creators to produce their own clips for its feed. Instead, it used a machine learning model that had been trained on some 100,000 hours of audio to help automatically select clips to showcase.” As Perez points out in the article, Podz isn’t the first company to try and fix podcast discovery, but they were the first to be bought for almost fifty million dollars. Now their tech is being deployed for field testing on iOS devices. Time will tell how Spotify’s new automated TikTok for podcasts works out. Followers of The Download might remember our March 18th episode in which we covered a Hollywood Insider article about the booming business of making podcasts for children. That story continues to blossom as a big name in the industry has tossed their hat into the ring. As reported by Brad Hill on Tuesday for RainNews, iHeartMedia has teamed up with Collab Incorporated to create podcast network Curativity. The network has partnered with Jim Jacobs, known as Mr. Jim to his young audience, creator of Kids Animal Stories and Kids Short Stories. According to iHeartMedia’s press release, both of Jacobs’ existing series net over a million monthly downloads. In addition to onboarding existing content, Curativity has a new Jacobs-hosted Mr. Jim property called Spyology Squad scheduled to launch April 4th. This new announcement signals not only is children’s content catching the eye of big players in the podcasting industry, it’s interesting enough to provoke a rare iHeartMedia collaboration with a creative agency. Finally, it’s time for our semi-regular roundup of articles that didn’t make it into today’s episode, but are still worth working into your weekend reading.
New Education Platform for the Audio Industry, all Delivered via Podcast - a press release via Podnews.
A frustratingly difficult question about your podcast audience is about to get a lot less frustratingly difficult by Dan Misener
Webby Awards spins off podcast award program for 2023 by Brad Hill.
The Download is a production of Sounds Profitable. Today's episode was hosted by Shreya Sharma and Manuela Bedoya, and the script was written by Gavin Gaddis. Bryan Barletta and Evo Terra are the executive producers of The Download from Sounds Profitable. Special thanks to Ian Powell for his audio prowess, and to our media host, Omny Studio.See omnystudio.com/listener for privacy information.See omnystudio.com/listener for privacy information.

Apr 1, 2022 • 14min
What To Do When The Line Stops Going Up
The full Infinite Dial 2022 Presentation: https://www.youtube.com/watch?v=zf3CtkkUqgAMy Medium article, with a recap of the current state of podcasting for 2022: https://webby2001.medium.com/the-state-of-podcasting-in-2022-back-to-work-2b21583c33bcSpotify's new podcasting interface (from Podnews): https://podnews.net/update/spotify-new-ux Adori Labs: https://www.adorilabs.comSee omnystudio.com/listener for privacy information.

Mar 27, 2022 • 25min
Breaking Down 1st, 2nd, and 3rd Party Data
Today on the show, Bryan Barletta speaks with Tyler Blot, Director of Client Development at TransUnion about data -- 1st and 3rd party data, with a bit of 2nd party data thrown in there. They discuss the differentiating factors between the three of them and what you should know as an advertiser and consumer.Listen in to learn about:
Transparency in data collection
How and why your data is collected
Why this conversation is important to have right now
And much more!
Here's our favorite idea from this conversation: You have to do your homework. While your industry peers can vouch for a product to a certain extent, you won't be able to make your decisions until you read the fine print.Links:
TransUnion
Tyler Blot
The Download
Sounds Profitable: Narrated Articles
SquadCast
Credits:
Hosted by Bryan Barletta
Co-hosted by Arielle Nissenblatt
Audio engineering and transcriptions by Ian Powell
Executive produced by Evo Terra of Simpler Media
Special thanks to James Cridland of Podnews
Sounds Profitable Theme written by Tim Cameron
See omnystudio.com/listener for privacy information.


