Podcast Hall of Fame Insights #578
02/16/24 • 88 min
In this podcast episode, hosts Todd Cochrane and Rob Greenlee engage in a conversation revolving around several critical topics in the podcast industry.
Starting, Todd addresses his return to show’s return. They transition into discussing the significance of Spotify’s open RSS feeds and the potential challenges with the platform’s RSS feed structure. Rob observes that Spotify has made 2,258 episodes available, which might be problematic for platforms like Apple Podcasts that may not display that many. Todd notes possible slow load times for such a lengthy feed.
They then address technical aspects and speculate why Spotify chose its in-house podcasting solution for Joe Rogan’s podcast over using the enterprise platform Megaphone. Todd theorizes that Rogan’s video component is why Spotify for Podcasters was selected.
There’s a conversation about Spotify cutting features like in-app recording and editing, with Todd suggesting it may reduce the platform’s appeal. The hosts discuss brand safety models and how keyword-based algorithms can lead complex news stories, such as The New York Times reporting on the Middle East conflict, to face demonetization.
The podcast moves on to political advertising in podcasts, with Spotify looking for more inventory due to a predicted increase in political ad spending. Todd and Rob debate the appropriateness of different political ads appearing next to each other and touch upon the concept of a ‘parallel economy’ where brands align with similar ideological media.
They acknowledge the importance of local elections and encourage people to become informed about local candidates. A brief discussion ensues about how monetization in podcasting is affected by brand safety and the acceptability of ads, especially for shows like Adam Corolla’s, which have always maintained a direct and uncensored nature.
The conversation shifts to industry studies, including Edison Research’s findings that radio still accounts for more than three times the daily audio time compared to podcasts. Todd and Rob conclude this segment by reflecting on the increasing integration of podcasts into car audio systems and how this could continue to alter the media consumption landscape.
Rob mentions the Podcast Hall of Fame presentation at the Podfest event, detailing the induction process and the significance of preserving the history and culture of podcasting. They discuss the need for more funding and sponsorships to support these initiatives while acknowledging that Doctor Drew was a fitting, albeit expensive, MC for such an event.
Todd introduces the new website, podcasting2.org, which aims to make the podcast namespace features more accessible and understandable. They explore the site, examining the interlinked support across different podcasting apps and hosting providers.
Lastly, Todd and Rob share how the Podcast Index aims to preserve podcasting as an open platform before wrapping up the show with Valentine’s Day greetings and plans for next week’s episode.
Throughout the discussion, both hosts lend their expertise on each topic and provide insights into the broader podcasting ecosystem and its future direction.
Get a Sticker: Send us your show sticker, and we will send you a New Media Show Sticker. Get on our sticker board for the show.
New Media Productions
365 N Willowbrook Rd
Suite: C
Coldwater, Mi, 49036
The post Podcast Hall of Fame Insights #578 appeared first on New Media Show.
In this podcast episode, hosts Todd Cochrane and Rob Greenlee engage in a conversation revolving around several critical topics in the podcast industry.
Starting, Todd addresses his return to show’s return. They transition into discussing the significance of Spotify’s open RSS feeds and the potential challenges with the platform’s RSS feed structure. Rob observes that Spotify has made 2,258 episodes available, which might be problematic for platforms like Apple Podcasts that may not display that many. Todd notes possible slow load times for such a lengthy feed.
They then address technical aspects and speculate why Spotify chose its in-house podcasting solution for Joe Rogan’s podcast over using the enterprise platform Megaphone. Todd theorizes that Rogan’s video component is why Spotify for Podcasters was selected.
There’s a conversation about Spotify cutting features like in-app recording and editing, with Todd suggesting it may reduce the platform’s appeal. The hosts discuss brand safety models and how keyword-based algorithms can lead complex news stories, such as The New York Times reporting on the Middle East conflict, to face demonetization.
The podcast moves on to political advertising in podcasts, with Spotify looking for more inventory due to a predicted increase in political ad spending. Todd and Rob debate the appropriateness of different political ads appearing next to each other and touch upon the concept of a ‘parallel economy’ where brands align with similar ideological media.
They acknowledge the importance of local elections and encourage people to become informed about local candidates. A brief discussion ensues about how monetization in podcasting is affected by brand safety and the acceptability of ads, especially for shows like Adam Corolla’s, which have always maintained a direct and uncensored nature.
The conversation shifts to industry studies, including Edison Research’s findings that radio still accounts for more than three times the daily audio time compared to podcasts. Todd and Rob conclude this segment by reflecting on the increasing integration of podcasts into car audio systems and how this could continue to alter the media consumption landscape.
Rob mentions the Podcast Hall of Fame presentation at the Podfest event, detailing the induction process and the significance of preserving the history and culture of podcasting. They discuss the need for more funding and sponsorships to support these initiatives while acknowledging that Doctor Drew was a fitting, albeit expensive, MC for such an event.
Todd introduces the new website, podcasting2.org, which aims to make the podcast namespace features more accessible and understandable. They explore the site, examining the interlinked support across different podcasting apps and hosting providers.
Lastly, Todd and Rob share how the Podcast Index aims to preserve podcasting as an open platform before wrapping up the show with Valentine’s Day greetings and plans for next week’s episode.
Throughout the discussion, both hosts lend their expertise on each topic and provide insights into the broader podcasting ecosystem and its future direction.
Get a Sticker: Send us your show sticker, and we will send you a New Media Show Sticker. Get on our sticker board for the show.
New Media Productions
365 N Willowbrook Rd
Suite: C
Coldwater, Mi, 49036
The post Podcast Hall of Fame Insights #578 appeared first on New Media Show.
Previous Episode
Future of Podcast Revenue: Beyond Advertising #577
In this episode, host Rob Greenlee is joined by guest Mark Asquith. The duo discusses various forward-looking aspects of podcasting, notably the future of revenue generation beyond traditional advertising.
The episode starts with Rob referencing co-host Todd Cochran’s absence and letting listeners know that Todd is out of the country and expected back for the next episode. Rob then introduces Mark Asquith, highlighting his role with Captivate and recent attempts to push the envelope in the podcasting industry.
Mark and Rob discuss the significance of the Joe Rogan/Spotify deal and what that implies for podcast exclusivity, content distribution, and alignment with content creators’ interests. They delve into Spotify’s strategy shift and ponder its implications for the industry. Mark suggests that Spotify’s reevaluation of exclusivity deals indicates a broader trend toward open podcasting. They examine Spotify’s role as a first-party platform and how it impacts advertisers and audience data compared to platforms like Apple Podcasts.
The conversation steers towards the evolving nature of the industry, and Rob brings up how podcasting was historically a substantial part of the video content landscape. They touch on the potential resurgence of video in podcasting, discussing the integration of video and different content forms and the potential generational shift in content creation and consumption habits.
Rob and Mark explore the impact of technological advancements on podcasting, such as the potential role of AI and blockchain in enhancing the creator-listener relationship. They consider how innovations like the value-for-value model, which involves Satoshis and Bitcoin, could change the way podcasters monetize their content, emphasizing the need to make technology accessible and understandable.
The episode concludes with Rob and Mark hypothesizing about the longevity and possible evolution of advertising as a revenue model in podcasting. Rob suggests that the injection of technology and new models like value for value could potentially phase out conventional advertising over time. Mark points to creators’ and consumers’ increasing demand for tangibility and benefits from podcast platforms.
The episode wraps up with Mark teasing Rob about new content he is working on and inviting him to participate. It is mentioned that more news will be coming around Podcast Movement Evolutions in March. Mark encourages listeners to stay tuned for further announcements and developments in his content offerings.
Listeners are directed to captivate.fm to follow Captivate and Mark’s work. They also discuss the convenience of their collaboration platforms and future plans for creating content that resonates with and benefits the podcasting community.
Get a Sticker: Send us your show sticker, and we will send you a New Media Show Sticker. Get on our sticker board for the show.
New Media Productions
365 N Willowbrook Rd
Suite: C
Coldwater, Mi, 49036
The post Future of Podcast Revenue: Beyond Advertising #577 appeared first on New Media Show.
Next Episode
The Battle for Control: Advertisers vs. Podcasters #591
In this episode of the podcast, hosts Todd Cochrane and Rob Greenlee discuss a variety of topics centered around the podcast industry, mainly focusing on the desired shift from downloaded content to streaming and the battle for control, the implications of this change for podcasters, and broader issues regarding podcast monetization and the relationship between advertisers and podcasters.
The conversation starts with Todd and Rob reflecting on common themes in podcasting news and revisiting the debate over streaming versus downloading in podcast distribution. They highlight the pros and cons of each method, discussing how downloads have traditionally benefited listeners who face bandwidth issues. Todd shares an anecdote about his experiences with limited data access while traveling, reinforcing the value of downloaded content in certain situations.
The discourse transitions to a more detailed exploration of podcast advertising and monetization strategies. Todd introduces a new advertising model he recently learned about. It could allow podcasters more control over their advertising deals and increase their revenue, offering an alternative to traditional advertising networks that take significant cuts from ad revenue.
Rob then shifts the conversation towards podcasters maintaining control over their content and monetization, aligning their efforts more directly with the interests of their listeners rather than advertisers. They discuss how the current marketplace dynamics often favor advertisers at the expense of content creators and how new models and technologies could potentially shift this balance.
Furthermore, Rob and Todd delve into the broader impacts of podcast industry trends, such as the decline of Apple Podcasts’ market share and the respective rise of other platforms. They speculate on future industry directions, discussing how shifts in platform dominance could affect podcast producers and their strategic choices.
The conversation concludes with practical advice from Todd and Rob based on their extensive experience in the field. They discuss potential business models, the importance of valuing creator control, and strategies for podcasters to align closely with their audience’s interests.
In summary, this episode covers a comprehensive range of topics relevant to current trends and issues in the podcast industry, providing deep insights into the impact of technology changes, advertising models, and platform dynamics on podcast creators.
Get a Sticker: Send us your show sticker, and we will send you a New Media Show Sticker. Get on our sticker board for the show.
New Media Productions
365 N Willowbrook Rd
Suite: C
Coldwater, Mi, 49036
The post The Battle for Control: Advertisers vs. Podcasters #591 appeared first on New Media Show.
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