Westwood One reaches agreement to subscribe to Magellan AI's podcast advertising competitive intelligence service
PRESS RELEASE —
Magellan AI today announced that Westwood One has expanded its subscription to their podcast advertising competitive insights service. Magellan AI offers an industry-leading weekly view of the top 3,000 podcasts for ad data and competitive intelligence. This includes data on more than 22,000 total podcasts and millions of individual ads. Subscribers learn WHO is advertising, WHAT they’re advertising, and HOW MUCH they’re spending.
Westwood One Podcast Network recently launched several new podcasts including In the Bubble with Andy Slavitt, The Prof G Show with Scott Galloway, The Stacking Benjamins Show, and Tell Me What to Do with Jaime Primak Sullivan.
These new shows join an established stable that includes News and Insights powerhouses The Ben Shapiro Show, The Mark Levin Show, The Savage Nation, and The McLaughlin Group; Life and Entertainment notables including The Dennis Miller Option, Mommies Tell All, and the award-winning Last Day; other influential Business, Money and Tech shows such as Marketplace Minute; and several popular Sports podcasts.
Westwood One Podcast Network also recently introduced micro-casts Marketplace Minute and The Bongino Brief for the smart speaker platform.
In operation since 2017, Magellan AI has recently made some major enhancements to their service.
“Our expanded set of services are rooted in our ability to account for the growth of dynamic ad insertion in the podcast space,” said Cameron Hendrix, CEO and Co-Founder of Magellan AI. “Understanding the impact DAI has on podcast advertising has allowed Magellan AI to better estimate advertising spend in the US and international markets like the UK, Canada and Australia."
“As the largest audio network in America and one of the fastest growing podcast platforms, we are often the first call that major brands and agencies make for guidance and perspectives on the state of American audio” said Pierre Bouvard, Chief Insights Officer, Cumulus Media and Westwood One. “Our podcast network is expanding rapidly, and we look forward to using Magellan AI’s powerful insights into this constantly evolving arena to both bring value to our partners and grow our business.”
Westwood One’s recent analysis of Magellan AI’s data found brands are pouring into podcasting and have doubled the number of ads they’re running. The study also uncovered the use of mid-roll ads is on the rise at the expense of pre-roll ads.
For more on Westwood One’s insights and analysis of Magellan AI’s podcast advertising data, please consult this published recent study.
About Magellan AI
Magellan AI is the definitive source of podcast advertising analytics. Magellan AI captures all ads, whether host-read or pre-recorded, baked-in or dynamically inserted, and classify ads by podcast content, position, and strategy (brand awareness versus direct response). Using machine learning to process hundreds of thousands of podcast episodes, Magellan AI has created the world’s largest database of podcast advertising data – covering activity by more than 18,750 brands across over 25,000 shows. Industry leaders rely on Magellan AI for podcast media planning, verification and measurement. For more information, please visit www.magellan.ai.
About Westwood One
Westwood One, the national-facing arm of CUMULUS MEDIA, offers iconic, nationally syndicated sports, news and entertainment content to over 250 million monthly listeners across an audio network of 8,000 affiliated broadcast radio stations and media partners. Westwood One is the largest audio network in America, home to premium content that defines the culture, including the NFL, the NCAA, the Masters, the Olympics, and Westwood One Backstage. The rapidly growing Westwood One Podcast Network delivers popular network and industry personalities and programs. Westwood One connects listeners with their passions through programs and platforms that have everyone listening. For more information please visit www.westwoodone.com.
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