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| Here are the top stories in today's newsletter: - Acast announced its Q3 2023 results
- Edison Research revealed the Top 50 U.S. Podcast rankings for Q3 2023
- The Pulitzer Prizes are allowing entries from broadcast and audio companies
Thanks so much for reading! Christopher
p/chris951156 | |
| 1 | | Acast announced its Q3 2023 results and saw a 55% net sales growth in North America during the quarter. Acast also saw a net sales growth of 32% globally. More: - The independent podcast company saw its average revenue per listen grow by 36% in the quarter, as it amassed over 1.3 billion listens during the timeframe.
- The EBITDA margin was -6%, better than previous quarters, and helps project that Acast is on course to reach a positive EBITDA in 2024.
- "During the third quarter, we have succeeded in balancing growth with prudent cost control, positioning us on our established path to profitability with a significant improvement in EBITDA results," said Acast CEO Ross Adams. "We are delivering positive net sales growth, with North America leading the way. Our efforts to develop podcasts into an increasingly efficient advertising channel continue, and during the quarter, we introduced several initiatives that enhance our ability to further scale up revenues."
Zoom Out: - In the third quarter, Acast partnered with Luminary to broaden the reach of Luminary Originals. Podchaser, an Acast subsidiary, launched Predictive Demographics to help advertisers target the most relevant audience. Acast also partnered with Warner Bros. Discovery to distribute and monetize its podcasts.
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| 2 | | 
What the data says: There were multiple shows that made big jumps in this quarter's Top 50 Podcasts in the U.S. rankings. Radiolab jumped 19 spots from 44th to 25th. Distractible went up 14 spots from 29th to 15th. MrBallen Podcast cracked the top 15, moving from 23rd to 14th. SmartLess made the move from 10th to sixth, and This Past Weekend w/Theo Von is now a top-five podcast, jumping 10 spots from 15th. Relevance: Edison Research released the Top 50 Podcasts in the U.S. rankings for Q3 2023. The list ranks total audience reach from the Edison Podcast Metrics and was conducted from July 10 to Sept. 29, 2023. It surveys 5,409 weekly podcast listeners over the age of 13. Last quarter's top four shows, The Joe Rogan Experiment, Crime Junkie, The Daily, and This American Life, all remained at the top this quarter. More data: No Jumper and The Always Sunny Podcast each debuted in the Top 50. There were a number of shows that dropped in the rankings this quarter. The Ben Shapiro Show dropped nine spots, Office Ladies fell 11 spots, and The Bill Simmons Podcast sank 20 spots. | | | |
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| 3 | | For the first time ever, the Pulitzer Prizes are opening up entries and eligibilities to broadcast and audio companies that also offer digital news stories. The entries will still require written journalism. More: - Broadcast news outlets have been historically prohibited from submitting entries because the Pulitzer Prizes are awarded for text-based journalism.
- With the change in news outlets focusing on rich websites, sources like CNN, NPR, ABC, CBS, and NBC are eligible to submit entries from their websites for eligibility.
- "There's no such thing as newspaper and broadcast anymore," said NBC News senior vice president and head of news standards Brian Carovillano. "We're all digital news operations. We're all operating on multiple platforms."
- The Pulitzer Prize Board noted that while video may be included in the entry of a story, these are not awards for broadcast journalism.
- The change will go into effect in December, when the nominations for the 2024 Pulitzer Prizes open.
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| 4 | | Podhome, a new podcast and music hosting platform, has launched with two monthly pricing options for creators. The platform offers monthly fee plans with unlimited podcasts and music uploading allowed. More: - Podhome for Artists is $9 per month and is geared toward artists hosting their music. Podhome Premium is geared towards podcasters and is $19.99 per month.
- Podhome offers podcast distribution to Apple Podcasts, Spotify, Amazon Music, The Podcast Index, and more.
- Customers will get podcast analytic breakdowns for their shows and the ability to use Podhome AI to help create show titles, transcripts, chapters, show notes, and more.
- The features also include automatic audio enhancement, and podcast fans can support show creators by sending them cryptocurrency payments.
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| 5 | | The Splendid Table, an American Public Media podcast, has announced the guests on its annual Thanksgiving special. The "Turkey Confidential" episode is a yearly tradition, and this year will feature Kristen Kish, Abra Berens, Jocelyn Delk Adams, and Dan Pelosi. More: - The episode features host Francis Lam and guests taking calls from guests to help them prepare for Thanksgiving dinner.
- Kish is the Season 10 winner of Top Chef and was recently announced as the newest judge on the upcoming season of the program.
- Berens is a James Beard-award nominee chef and author with a new book out titled Pulp: A Practical Guide to Cooking with Fruit.
- Adams is the brand ambassador behind Grandbaby Cakes and the founder of Grandbaby-cakes.com.
- Pelosi is the man behind the popular Instagram account GrossyPelosi and the host of The Secret Sauce.
- The episode will be released in time for Thanksgiving.
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| 6 | | Actor and director Rob Reiner and journalist Soledad O'Brien are teaming up to search for the truth behind John F. Kennedy's death in a new podcast. The show, Who Killed JFK?, is a 10-part series for iHeartMedia. More: - The podcast will feature interviews with authors, witnesses, and forensic experts as they look at the JFK assassination 60 years later.
- One of the guests will be a former Secret Service agent who came forward this year with groundbreaking new evidence.
- Reiner and O'Brien will discuss their own theories and ask why the former president's death still matters today.
- The series premieres tomorrow, Nov. 8, ahead of the 60th anniversary of JFK's death on Nov. 22.
- "The American people deserve to know the truth of what happened on that fateful day," said Reiner. "Who Killed JFK? will take the listener on an evidence-based journey to reveal that truth."
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- Have You Heard This One? is a music anthology series from Nevermind Media that looks at untold, underrepresented, overlooked, and forgotten stories in the music business.
- The Podglomerate is looking to fill a Partner Manager position.
- Public Radio Exchange (PRX), the non-profit public radio platform, posted its annual report last week.
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INSIDE PODCASTING LEADERBOARD (30 DAYS) |
 | Freelance Editor | | Christopher Hachey is a freelance writer and editor based in the New York City area. He has spent most of the past 15 years in newsrooms covering all kinds of topics like sports, tech, business, finance, and commerce. He's now returning to his broadcast journalism roots by diving into podcasting news. Reach out to him at chris@inside.com | | This newsletter was edited by Aaron Crutchfield | |
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