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More financials, and Podcast Upfronts is today in New York

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  • Audacy published its Q1/23 financials. Excluding the loss of Crooked Media (which switched to SiriusXM in May), podcast revenues would have been up 14%; but they fell in real terms (the company didn’t say by how much). However, locally-produced podcasts are the most profitable part of the business, the company said.

  • Meanwhile, The New York Times Company published its Q1/23 financials. Digital advertising revenue fell by 8.6%, mainly due to lower revenue from podcasts.

  • A correction to our coverage of Acast’s Q1 financials yesterday: the announcement of a 15% staff reduction last year was, we’re told, based on staffing levels in Q2, excluding Podchaser. By Q1/23, Acast staffing had reduced by 83 people, a 19% reduction. We’re grateful for the correction.

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Companies mentioned above:
Acast logoAcastAdLarge logoAdLargeApple logoAppleApple Podcasts logoApple PodcastsAudacy logoAudacyCrooked Media logoCrooked MediaGoogle logoGoogleGoogle Podcasts logoGoogle PodcastsIAB logoIABParadiso Media logoParadiso MediaPodchaser logoPodchaserPodnews logoPodnewsSiriusXM logoSiriusXMSpotify logoSpotifyThe New York Times logoThe New York TimesTriton Digital logoTriton DigitalYouTube logoYouTube

Podcast data for May 11

#1 in Apple Podcasts
Wiser Than Me with Julia Louis-Dreyfus (Lemonada Media)
Believe in Magic (BBC Radio)

#1 in Spotify
The Joe Rogan Experience (Joe Rogan)
Sex.Life (ZM Podcast Network)

Over the last week, 216,566 podcasts published at least one new episode (down 1.6%). source

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