Podcast Insider

Who’s Making the Most Money in Podcasting? – PCI 437
Monetizing a podcast in 2025 isn’t as simple as slapping ads on your episodes and calling it a day. Some revenue streams are thriving, while others? Not so much.
Today, we’re breaking down what’s working, what’s fading, and what podcasters should focus on to actually make money in 2025.
Today’s Hosts: Mike Dell and Todd Cochrane
Who is Making the Money Money in Podcasting in 2025?
1: The State of Podcast Monetization in 2025
Then vs. Now: How podcast monetization has evolved from basic ads to a mix of diversified income streams.
What’s Changed?
✅ More podcasters are using multi-platform revenue models (YouTube, social media, newsletters).
✅ Traditional ad sponsorships are shifting—brands want more ROI, leading to performance-based deals.
✅ The pay-to-play model (subscriptions, memberships) is rising, but does it work for every podcast?
Who’s Making the Most Money? – Big networks vs. independent creators vs. niche podcasters.
2: Sponsorships – Do They Still Work?
CPM-based ads vs. Dynamic Ad Insertion (DAI) – Is the traditional CPM model sustainable for indie podcasters?
Brands in 2025: What Are They Looking For?
✅ More niche-specific partnerships.
✅ Measurable engagement over download numbers.
✅ Long-term relationships vs. one-off ad placements.
How to Land Sponsors in 2025:
✅ Creating brand-friendly content.
✅ Negotiating value-based deals, not just CPM rates.
✅ Using listener data to showcase audience loyalty.
Pro Tip: Even small podcasts can land affiliate sponsorships or direct brand deals—it’s all about audience connection.
3: Premium Content & Subscriptions – The Big Shift?
Are listeners actually paying for premium content?
Subscription platforms in 2025: Apple Podcasts, Patreon, Spotify, Substack, and other direct-to-fan monetization.
What’s working?
✅ Bonus episodes, ad-free content, and exclusive interviews.
✅ Behind-the-scenes content & private community access.
✅ Bundling podcast subscriptions with other offerings (newsletters, live Q&As).
What’s NOT working?
❌ Generic paywalls with no real incentive.
❌ Subscription fatigue—too many platforms asking for money.