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John W Gibbons

A new CEO for Libsyn

LISTEN · · 3.9 minutes to read

A new CEO for Libsyn: find more in our “Moves and hires” section, below.

  • Podcast ad monetisation company Audioboom issued a profit warning. “the Company expects the revenue and adjusted EBITDA for the current financial year to be lower than previously anticipated”, it said, adding: “The Company has adjusted the approach taken to calculating its minimum guarantee offers for podcast partners”. Shares fell over 27%.

  • The average monthly audience for individual shows in 2023 is half of what it was in 2019 - and downloads are down, says Eric Nuzum, quoting Podtrac data. He suggests that publishers are pulling back on new shows: and it’s new shows that drive more downloads.

  • Former head of Spotify’s Parcast, Max Cutler, spoke to Foundr magazine about what’s next in podcasting. He appears to gently criticise Spotify; suggesting that it’s a mistake to go after Hollywood talent, and discussing the slowness of decisions at the company. Shows that are “resourceful” rather than entertaining are what’s next, he suggests.

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Moves and hires

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Podcast data for Jun 26

#1 in Apple Podcasts
Scamanda (Lionsgate Sound)
The Retrievals (Serial Productions & The New York Times)

#1 in Spotify
The Joe Rogan Experience (Joe Rogan)
The Joe Rogan Experience (Joe Rogan)

Over the last week, 203,792 podcasts published at least one new episode (down 2.2%). source


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