Podscribe: longer ads are more cost-effective
Podcast |
Podnews Daily
Publisher |
Podnews LLC
Media Type |
audio
Categories Via RSS |
Daily News
News
Technology
Publication Date |
Nov 21, 2024
Episode Duration |
00:05:23
YouTube leads podcast listening in US with 31% share over Spotify's 27%; Rogers Sports & Media cuts jobs.. Sponsored by CoHost. Get in-depth insights into who your podcast audience is including income, family members, social media habits, age, and more with CoHost's Advanced Audience Demographics. Book a demo today. https://podnews.net/cc/2682 Visit https://podnews.net/update/podscribe-report for the story links in full, and to get our daily newsletter.

Sponsored by CoHost. Get in-depth insights into who your podcast audience is including income, family members, social media habits, age, and more with CoHost's Advanced Audience Demographics. Book a demo today.

  • Podscribe released its Q3 2024 performance benchmark report. Among the findings in US podcast advertising:
    • While host-read ads do work better, because they cost more, the cost-per-acquisition is actually the same as running produced spots. (And, as above, longer reads are more cost-effective).
    • Almost all advertisers only reach 25% of total monthly podcast listeners - so, there is significant potential for growth.
    • Amelia Coomber told Podnews that “audio is not a medium to be taken lightly. With all the stuff going on in the industry right now, I think (the report) is a shining light to speak to the exciting opportunity that is in front of us.”
  • In the US, YouTube is the service used most often to listen to podcasts, according to Edison Research. 31% of weekly podcast listeners aged 13+ choose YouTube as the service they use most to listen to podcasts; Spotify is at 27%, and Apple Podcasts is at 15%, says the data.
  • Attribution and analysis company Magellan AI has successfully joined the list of companies compliant with IAB Podcast Measurement Guidelines v2.2.
    • A number of companies have not recertified since 2021, although the IAB Tech Lab tells us that annual recertification remains a requirement. However, “a few companies” will be removed by the end of the year after choosing not to recertify, the company says, but wouldn’t confirm who.

Read more of today’s podcast industry news stories on the Podnews website: and get our free daily newsletter.

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