10 min
Big Name Podcasts Gets Big Numbers + 5 other stories for Mar 4, 2022 Sounds Profitable
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- Technology
Today on The Download from Sounds Profitable; big names in podcasting are pulling down big numbers in ad revenue, Meta and Mozilla have teamed up to change advertising privacy, and TikTok might not be the #1 place to take short-form podcast content. https://www.morningbrew.com/marketing/stories/2022/02/25/ads-from-major-brands-are-running-on-news-sites-owned-by-or-linked-to-the-russian-government?utm_campaign=mkb&utm_medium=newsletter&utm_source=morning_brew&mid=4afb33bb7ffe284d840660fb3604ff60. Ryan Barwick of Morning Brew wrote a brief rundown of the situation last Friday. According to a Business Insider report, Google AdSense has been found on publishers of Russian state propaganda. “While on those sites, BI observed Google-served ads from Best Buy, Progressive, and Allbirds, and a handful of other brands. Marketing Brew also saw ads for brands on these two sites, but a banner ad atop several stories was blocked by Integral Ad Science, a brand-safety firm.” Barwick then pairs this evidence of brand safety kind-of working with the infamously-timed Applebee’s promotion that aired in a split-screen ad break with footage of Kyiv under siege. The ad, featuring footage of a man in a cowboy hat gyrating his butt in glee over $1 boneless chicken wings, went viral on social media for its grim pairing with footage of burning buildings. “What do these stories have in common? Funding journalism. Advertisers often don’t want to fund inflammatory, hateful, or controversial content. While brand-safety tech might help marketers avoid having their ads showing up on propaganda sites, it can also direct their ads away from legitimate coverage of political or other sensitive topics, inadvertently hurting newsrooms as a result.” Both the propaganda site ad serves and Applebee’s pulling from CNN serve as evidence of extremes of what could happen in similar spheres of podcasting. To ignore brand safety and the messaging of associated programs is a recipe for being associated with disinformation and propaganda. To overcorrect and leave the space entirely could leave journalism podcasts without the stability of CNN in a financial pickle. https://www.morningbrew.com/marketing/stories/2022/02/24/audio-giants-report-ad-revenue-gains-for-2021?utm_campaign=mkb&utm_medium=newsletter&utm_source=morning_brew&mid=4afb33bb7ffe284d840660fb3604ff60. SiriusXM, Spotify, Acast, and iHeartMedia all show significant growth. Both Spotify and Acast posted a 40% year-over-year increase for ad revenue while SiriusXM-owned Pandora experienced a 30% growth. The biggest headline-grabber of the bunch, though, is iHeartMedia “Q4 revenue grew 59% in iHeartMedia’s ‘Digital Audio Group’ division, which encompasses iHeartMedia’s podcasting business, digital service, and ad-tech companies. Podcast revenue alone increased 130% YoY. The company said the growth was partly due to ‘general increased demand for digital advertising’ and ‘the growing popularity of podcasting.” It appears the industry-wide trope of saying podcasting ads are fast-growing is less of a marketing pitch and more a truism as more companies rake in those fast-growing profits. Up next we have a story shuffled into the digital stack of news and left by the wayside: Spotify appears to be better at announcing podcast deals than actually publishing podcasts. a...
Today on The Download from Sounds Profitable; big names in podcasting are pulling down big numbers in ad revenue, Meta and Mozilla have teamed up to change advertising privacy, and TikTok might not be the #1 place to take short-form podcast content. https://www.morningbrew.com/marketing/stories/2022/02/25/ads-from-major-brands-are-running-on-news-sites-owned-by-or-linked-to-the-russian-government?utm_campaign=mkb&utm_medium=newsletter&utm_source=morning_brew&mid=4afb33bb7ffe284d840660fb3604ff60. Ryan Barwick of Morning Brew wrote a brief rundown of the situation last Friday. According to a Business Insider report, Google AdSense has been found on publishers of Russian state propaganda. “While on those sites, BI observed Google-served ads from Best Buy, Progressive, and Allbirds, and a handful of other brands. Marketing Brew also saw ads for brands on these two sites, but a banner ad atop several stories was blocked by Integral Ad Science, a brand-safety firm.” Barwick then pairs this evidence of brand safety kind-of working with the infamously-timed Applebee’s promotion that aired in a split-screen ad break with footage of Kyiv under siege. The ad, featuring footage of a man in a cowboy hat gyrating his butt in glee over $1 boneless chicken wings, went viral on social media for its grim pairing with footage of burning buildings. “What do these stories have in common? Funding journalism. Advertisers often don’t want to fund inflammatory, hateful, or controversial content. While brand-safety tech might help marketers avoid having their ads showing up on propaganda sites, it can also direct their ads away from legitimate coverage of political or other sensitive topics, inadvertently hurting newsrooms as a result.” Both the propaganda site ad serves and Applebee’s pulling from CNN serve as evidence of extremes of what could happen in similar spheres of podcasting. To ignore brand safety and the messaging of associated programs is a recipe for being associated with disinformation and propaganda. To overcorrect and leave the space entirely could leave journalism podcasts without the stability of CNN in a financial pickle. https://www.morningbrew.com/marketing/stories/2022/02/24/audio-giants-report-ad-revenue-gains-for-2021?utm_campaign=mkb&utm_medium=newsletter&utm_source=morning_brew&mid=4afb33bb7ffe284d840660fb3604ff60. SiriusXM, Spotify, Acast, and iHeartMedia all show significant growth. Both Spotify and Acast posted a 40% year-over-year increase for ad revenue while SiriusXM-owned Pandora experienced a 30% growth. The biggest headline-grabber of the bunch, though, is iHeartMedia “Q4 revenue grew 59% in iHeartMedia’s ‘Digital Audio Group’ division, which encompasses iHeartMedia’s podcasting business, digital service, and ad-tech companies. Podcast revenue alone increased 130% YoY. The company said the growth was partly due to ‘general increased demand for digital advertising’ and ‘the growing popularity of podcasting.” It appears the industry-wide trope of saying podcasting ads are fast-growing is less of a marketing pitch and more a truism as more companies rake in those fast-growing profits. Up next we have a story shuffled into the digital stack of news and left by the wayside: Spotify appears to be better at announcing podcast deals than actually publishing podcasts. a...
10 min
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