Podnews Daily - podcasting news

Podnews Daily - podcasting news


Acast doubles revenue year-on-year; Spotify solicits Spanish shows

July 19, 2019

Visit https://podnews.net/update/acast-revenue for all the links, and to subscribe. You are currently viewing the "description" tag, which we present in Markdown format; the "content:encoded" tag has all the links in.

* [Acast release their financial results for last year](https://podnews.net/press-release/acast-2018-financials). Revenue doubled for the Swedish podcast company, and it grew to having 110 employees. The company claims 1.3bn listens over the year.
* Meanwhile, Netflix shares [have plunged](https://www.reuters.com/article/us-netflix-results-idUSKCN1UC2JE) after they said they have 130,000 fewer US customers.

* Matty Staudt, iHeartMedia's VP of Podcast Programming, is leaving the company to become President of [Jam Street Media](https://www.jamstreetmedia.com/), a new LA based podcast company focused on podcasts for brands, talent coaching, and consulting for businesses entering the podcast space. He'll be working with Jessica Navarro, who joins Jam Street Media from Mark Wahlberg’s Unrealistic Ideas. He'll continue hosting iHM's [Access Podcast](https://podnews.net/podcast/1291969517).

* [Sarah Geismer is announced as Head of Creative Development & Production at Crooked Media](https://podnews.net/press-release/sarah-geismer-crooked-media). Geismer, formerly of Netflix, will lead development for all of Crooked Media’s active and upcoming podcast, television, and film projects.

* [RadioPublic interview Kate Krosschell](https://medium.com/radio-public/gain-how-70-million-uses-annotated-transcripts-to-assist-in-audience-development-and-engagement-9228e4d19ad0) about Lantigua Williams & Co's [70 Million](https://podnews.net/podcast/1426105733), and learns about the benefit of transcripts.

* Tweaks for apps and services include podcast app Breaker, which is adding integration with Bullet to [produce shareable audio clips for social media](https://blog.breaker.audio/share-podcast-snippets-from-breaker-with-bullet-81b75d70c347?source=rss------podcasting-5); the Pocket Casts app [is advertising](https://podnews.net/uploads/pocketcasts_promo.mp3) in WNYC Studios podcasts (thanks, Kristofor!); podcast host Spreaker's [trim and crop tool](https://blog.spreaker.com/our-podcast-trim-and-crop-tool-just-got-better/) has been improved; remote recording service Squadcast suggests that it will [soon be supported on iOS and iPadOS](https://medium.com/squadcast-fm/squadcast-on-ios-safari-coming-soon-8c3734aa40b0); and [Dropbox now has integrations with transcription services](https://www.zdnet.com/article/dropbox-announces-new-integrations-with-audio-video-and-transcription-tools/).

* We linked to a _New York Times_ article a few days ago, which promised we'd "reached peak podcast". How did the article go down? Not well. [Try this critique from Air-nandez](https://medium.com/@microgdl/so-whats-wrong-with-that-peak-podcast-article-that-gave-massive-exposure-to-a-mediocre-podcaster-e135b1f52b8a) for starters; and thank you Larry Gifford for [adding](https://twitter.com/theradiostuff/status/1152068103385124864): "It’s the podcast equivalent of the time I had a clever name for a restaurant and an Easy Bake Oven, and quit after 6 days because I didn’t earn a Michelin star."

* Spotify is keen for more Spanish-language podcasts. Mia Nygren, director of Spotify for Latin America, has published a short video, [the ABC of making podcasts on Spotify](https://www.forbes.com.mx/abc-para-hacer-tu-podcast-en-spotify/), on Forbes México. She also said that there are now 250,000 podcasts on Spotify.

* Patreon, a creator funding site used by many podcasters and by Podnews, [raises $60m in funding](https://techcrunch.com/2019/07/16/patreon-raises-60m-series-d-targets-international-growth-and-more-customization/). We gave our Patreon page a [little polish this morning](https://www.patreon.com/podnews), and we're grateful for our many supporters.

* Copenhagen-based [Omnipod is (another) social media platform for podcasting](http://www.di