Analyst: Spotify needs a new approach
This article is at least a year old
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In a client note, Richard Kramer, an analyst from Arete Research has criticised Spotify. “Taking shows exclusive reduces their reach and attractiveness to advertisers,” he notes, adding that “few titles are popular enough to bring in new subscribers to offset the loss of ad revenue from greater reach”. Creators also face risks in other areas, like event ticket sales, merchandising, or books: Brené Brown’s book sales dropped after she became a Spotify exclusive. After focusing on financials, he concludes: “We think Spotify needs new management and a new approach”, recommending his customers sell the stock.
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The Australian Podcast Ranker will report on audience reach and download figures by podcast title. The ranker, compiled by Triton Digital, will add these numbers after ad-buyer request; the ranker will now be in order of total audience, aligning with Triton Digital reports in other countries, and with Podtrac.
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In the US, Spotify has launched SoundUp LatinX, part of Spotify’s global program to give underrepresented podcasters the tools to boost their platforms and build their shows. It’s the first program focused at the LatinX community.
- Here, from Maribel Quezada Smith, are five Hispanic and LatinX bilingual podcasts advancing La Cultura, to whet your appetite ahead of Hispanic Heritage month.
This link is no longer available, as at Sep 7 2023
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Bryan Barletta’s Sounds Profitable did a deep-dive on Podverifi, a new tool from Podscribe. The tool focuses on live airchecks at time of episode publishing and incredibly detailed transcription checks to make sure every scripted point, promo code, or URL was implemented correctly.
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Blubrry have released a brand new user dashboard, overhauled for easier content creation and episode promotion. Todd Cochrane says it’s been focused “toward seamless management and publishing”.
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Speaker submissions are now open for PodFest Origins. If you’ll be in Tampa, apply here; if you’d like to be a virtual event speaker, apply here.
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Remote recording tool Riverside․fm is now SOC 2 Type 2 Compliant - a test of securely managing client data and privacy.
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Audry has added a gamification aspect to their platform, allowing users to collect achievements.
Sep 7 2023: This broken link now points to the Internet Archive. -
Laundau Media has added 21,000 German-speaking podcasts to its media monitoring service.
Tips and tricks
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Signal Hill Insights suggests that the audio industry is selling audio short, and offers three steps to help audio break out of the box.
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How to Advertise on Podcasts: Sponsorship Costs & Best Practices
Podcast News - with Podcast Movement
Companies mentioned above:
Blubrry