| |
| 1 | | Podcasting is set to become a $134B market by 2032, according to a new report. Podcasting is expected to have over 500 million listeners by the end of 2024. More: - According to a report from Market.us Scoop, podcast listeners in the USA are the largest group of podcast listeners worldwide.
- By the end of 2023, the United States is expected to have over 100 million podcast listeners.
- By the end of 2024, there will be over 500 million podcast listeners globally, up from 274.8 million in 2019.
- It is estimated that at least 25% of Americans listen to podcasts regularly.
- The podcasting market in 2023 is worth $23.5B.
|     | |
| 2 | | Spotify CEO Daniel Ek has stated that there has been a 500% increase in the number of podcasts that mentioned AI in the last month. The topic has grown 400% since the start of 2023. More: - Ek added that he believes AI will play a key role in helping creators become more productive.
- AI is expected to significantly affect Spotify, as AI-generated songs have started becoming popular with different online creators.
- As the tools that enable internet users to create AI-generated songs become more accessible, questions on copyright issues have emerged.
- Popular artists such as Grimes have embraced the technology, vowing to share 50% of the profits with those who create AI songs using her voice.
- Only a few days ago, Spotify took down tens of thousands of AI-generated songs that used the technology to inflate streaming numbers.
- It remains to be seen if the growing technology podcasting category will overtake Health & Fitness, which grew the most among all podcast categories in 2022 in major markets.
| | | |
| A message from our sponsor, VANTA. |  | | Streamline your security compliance to accelerate business growth. With its market-leading automated compliance platform, Vanta helps your business scale and thrive while reducing the need for countless spreadsheets and endless email threads. With Vanta, you can -
Automate up to 90% of compliance for SOC 2, ISO 27001, GDPR, HIPAA, and more, getting audit-ready in weeks instead of months -
Save hundreds of hours of manual work and up to 85% of compliance costs -
Utilize a single platform for continuously monitoring your controls, reporting on security posture, and streamlining audit readiness Watch Vanta’s 3-minute demo to learn more. Watch Now | |
|
| 3 | | iHeartMedia has launched a new podcast advertising solution named Ruby. The platform specializes in launching and promoting branded podcasts. More: - The new solution aims to enhance the targeting capabilities and effectiveness of podcast advertisements, utilizing Ruby's advanced AI-powered technology.
- By leveraging Ruby's platform, iHeartMedia claims advertisers can access comprehensive data analytics and audience insights, allowing them to deliver more personalized and relevant podcast ads.
- Ruby has partnered with Saturday Night Live cast member and "Las Culturistas" host Bowen Yang, "Good Morning America" co-host Robin Roberts, Malcolm Gladwell, Betty Who, and Adam Devine.
- The company claims that these branded podcasts will benefit from iHeartMedia's global reach, which it says is larger than the next two podcast publishers combined.
| | | |
| 4 | | Rumble has acquired David Sacks-founded podcasting and live-streaming platform Callin. The latter has over 1 million users. More: - Callin was founded in 2021 by Sacks, the former PayPal COO.
- The app took advantage of the buzz created by apps such as Clubhouse, aiming to improve user experience by offering them the chance to save live recordings and publish their own podcasts.
- Rumble is a content-sharing platform that aims to provide a censorship-free space for creators.
- The company had around 80 million users as of 2022.
- As part of the acquisition agreement, Sacks will join Rumble's board of directors.
| | | |
| A message from our sponsor, TRUERA. |  | | ML Monitoring at Scale – the MLOps Perspective Ready to see what it really takes to monitor machine learning models in production? This in-depth webinar takes you up close and personal. Join TruEra on May 23rd as their Chief Scientist, Anupam Datta, and Biswajit Das, the former Chief Architect of the AI Platform at a large financial services firm, provide a real-life overview of the fundamentals of ML Monitoring. During the 60-minute webinar, they will cover: - What is ML Monitoring/ML Observability?
- Monitoring best practices - going beyond uptime and retraining
- Key elements of an ML monitoring platform: scale, integrations, and enterprise readiness
- Case study: monitoring and MLOps in real life
- Live, practical run-through of how to identify, diagnose, and debug model issues in production
- Q&A with the presenters
Date: May 23rd Where: Virtual event - Join from Anywhere
Who should attend: Those who manage ML operations, data engineering, data science, or AI Register for free | |
|
| 5 | | PRX has cut 10% of its workforce, citing a decline in ad revenue as the main reason. The network had 124 active shows as of April. More: - The company said the decision was not made lightly and that it would impact employees across multiple divisions, including:
- marketing,
- station services,
- training,
- and technology.
- PRX has not cut any shows, but it will restructure podcasting teams.
- PRX's shows were downloaded over 58 million times and had 6.6 million unique U.S. listeners in April 2023.
| | | |
| 6 | | Australia-based Producey has reached a partnership with iHeartPodcast Network Australia. iHeart claims to publish five of the 10 biggest podcasts in Australia. More: - The collaboration aims to leverage Producey's expertise in podcast production and iHeartPodcast Network Australia's extensive distribution network to foster the creation of diverse podcasts.
- Through this partnership, Producey will gain access to iHeartPodcast Network Australia's resources, including their studios, talent, and promotional support.
- Australians downloaded 755 million podcasts in 2022.
- Health & Fitness was the highest-growing podcast category.
| | | |
| |
| Upcoming Events | | MAY
17 | | Monthly Meditation guided by Nicholas Whitaker | | | | | | | MAY
23 | | In-depth webinar on ML Monitoring at Scale with TruEra | | | | | | | MAY
23 | | Advance your security program and win more deals by joining this Vanta webinar | | | | | | | MAY
25 | | Inside.com Book Club - Zero To One by Peter Thiel | | | | | | * This is a sponsored event | | | |
Term of the Day Early adopters: Early adopters are the first users of a startup’s products and services. They are key in giving feedback on the business proposition of entrepreneurs. Question of the Week How do you approach networking, and what advice can you give others looking to build their professional connections? Join the conversation |
INSIDE PODCASTING LEADERBOARD (30 DAYS) |
 | Writer | | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. | | This newsletter was edited by Aaron Crutchfield | |
| |
| |
|
| |
|
| |
Comments
Post a Comment