The iHeart Podcast Awards earlier this year
Rick Kern/Getty Images for iHeartPodcasts

iHeart podcast division (not) for sale?

playListen · · 4.8 minutes to read
  • iHeart is “exploring the sale of part - or potentially all - of its podcast business”, says Bloomberg in a paid article. It cites apparent discussions with an investment bank. iHeart has “no plan to sell our podcasting business”, says iHeart in response. Given it’s a successful part of the company - reporting $174mn in revenue for the past quarter, up 24.6% year-on-year - some have expressed surprise that iHeart would want to sell. The CEO, Bob Pittman, said in this week’s earnings call that iHeart plans to split out its podcast business from its Digital Audio Group, to report them as stand-alone segments to help investors understand its value. That isn’t the sound of a man looking to sell; though one industry observer cryptically said to us: “but, where there’s smoke…”

  • Goalhanger’s thriller fiction podcast Bear Hunt is to get a second season, as the show hits 1 million downloads. Billed as a “British Bourne”, Bear Hunt follows a fictional British mission to assassinate the President of Russia, with a story spanning Westminster, Washington and deep behind enemy lines.

  • “I left podcast production because of video. Now I have a video podcast” writes former employee of The Ringer, Bobby Wagner, looking back at his start in podcasting, and how the industry developed. He began working for The Ringer in 2018; he noted with excitement at the time that “I thought it was a borderline miracle that we occupied a corner of the internet that was interesting enough for there to be whole newsletters dedicated to it.” Hey! 👋

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Podcast News - with Airwave

Podcasts in the wild

LUCK THEM

    Wingmen with Matthew & Brady Tkachuk
    Play trailer Canadian reader Matt Cundill shares this clip of an ice hockey game. The US hockey player Brady Tkachuk, who has a podcast called Wingmen, requested a transfer away from Canada earlier in the year. Now playing for the Florida Panthers, he returned to play his former team, the Ottawa Senators. As you’ll hear from the audio, the crowd had some advice with what he should do with his podcast - we don’t think they’re shouting “DUCK YOUR PODCAST”, but it sounds quite similar.

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