
Bigger than you think: podcast revenue is $7.3bn worldwide
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The podcast industry might be bigger than you think. New research from Hernan Lopez’s Owl & Co suggests that the global podcast economy is $7.3bn - and says that the US makes up two-thirds of that. The enlarged figure comes from including video and “consumer revenue” (like Patreon and others).
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Exclusive: The London Standard newspaper has partnered with podcast producer Message Heard, to lead the development and production of The Standard’s award-winning audio output. It’s the first such partnership for a UK news brand.
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What are “plays” on Spotify? Since the announcement yesterday that Spotify is adding a play count to its app, we’ve been trying to learn how a “play” is defined. However, Spotify don’t want to say; just that it’s intended to capture user intent, using a number of proprietary signals. As a by-product, “starts” will disappear from the creator dashboard. YouTube has also never published how it calculates “plays”; so, both companies are now using opaque, proprietary numbers as the primary consumption metric for creators.
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Popular podcast Sips, Suds & Smokes has announced it’s to come off Spotify. “Spotify has made the decision to make non-IAB metrics publicly available. They have misrepresented data associated with this show on repeated occasions. This causes confusion with our advertisers that rely on IAB data. That confusion directly impacts our ad revenue.”
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Why doesn’t Sir Michael Palin have a podcast? It’s not even an ex-podcast, it didn’t cease to be, it hasn’t shuffled off its mortal coil, not has it joined the choir invisible, because Michael Palin has never made one. The Crossed Wires podcast festival will seek to change that, in a live-on-stage podcast called Nobody Expects The Michael Palin Podcast. Presale tickets are available now for the event, hosted by Greg James, whose chief weapon is surprise. Surprise and fear. Fear, and surprise. His two weapons are fear. And surprise.
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Podscribe added new features including Spotify Video modelling. The tool now models Spotify video views; those numbers are, however, based on performance of the ad in the RSS audio.
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As part of a larger set of content announcements, Samsung announced “a new partnership with Spotify to launch a dedicated video podcast channel featuring The Ringer’s most popular shows.” The channel will appear on Samsung TV Plus.
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Comedy podcasts still “dominate the attention economy”, and are the smartest bet for brands, says Adelicious CEO Andrew Goldsmith in a blog post.
Tips and tricks - with The Podcast Show London
- How do podcast stats really work? We’ve updated our big article on podcast stats with the latest changes from Spotify.
Podcast News - with Airwave





Companies mentioned above:Adelicious
Airwave
IAB
Podscribe
Spotify
YouTube
Podcast data for May 8
#1 in Apple Podcasts The Mel Robbins Podcast (Mel Robbins)
Crime World (Sunday World)
#1 in Spotify The Joe Rogan Experience (Joe Rogan)
The 2 Johnnies Podcast (The 2 Johnnies)
Over the last week, 202,999 podcasts published at least one new episode (down 1.5%). source
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