New Media Show #565

From Podfade to Podcast Renaissance: Predicting the Revival and Future Success of the Podcasting Medium – James Cridland, Sam Sethi with Host Rob Greenlee

Have you heard these myths about the future of the podcasting industry? Myth #1: Podcasting is just a passing trend. Myth #2: The market is oversaturated with podcasts, making it impossible to stand out. Myth #3: Only big-name podcasters can succeed in this industry. In this episode, our guests, James Cridland and Sam Sethi, will debunk these myths and share the truth about the future of podcasting.

With guests are James Cridland, Sam Sethi, and Host Rob Greenlee

James Cridland, the editor-in-chief of PodNews, is a well-known figure in the podcasting industry. With his daily updates on the latest happenings in podcasting, James keeps podcasters and content creators updated. His expertise and insights make him a sought-after guest on various podcasts, including his own show, the PodNews Weekly Review. James’s ability to find excellent interviewees and his knack for delivering engaging content make his show a must-listen for anyone interested in podcasting. With his deep knowledge of the industry and his passion for the medium, James brings a unique perspective to the future of podcasting.

We just need to keep on pushing new ideas and eventually Apple and Spotify will wake up, smell the coffee and go, ‘Oh, you know what? That would be quite a good feature for us to include.’ – James Cridland

In this episode, you will be able to:

  • Learn about the latest data and podcast industry discrepancies that could impact your show’s growth.
  • Discover how to integrate live video streaming into your podcast to engage your audience in a new way.
  • Gain insights into the challenges of communication and PR in the podcasting industry and how to overcome them.
  • Find out how YouTube Music’s podcast integration can expand your show’s reach and attract new listeners.
  • Explore the future of the podcasting industry and stay ahead of the trends to ensure the success of your show.

Challenges in Communication and PR
Clear communication and effective public relations are the soul of any industry, and podcasting is no different. Recent developments like the integration of podcasts into YouTube Music highlight the vital role of communication in explaining complex features and addressing queries. Engaging a dedicated PR person to manage podcast-related inquiries, as Apple has done, can significantly streamline communication processes and ensure a smooth user experience.

The resources mentioned in this episode are:

  • Visit the PodNews website (PodNews.net) to stay updated with the latest podcast news.
  • Check out Podfans FM (Podfans.fm), a new platform that supports all the podcasting 2.0 standards.
  • Listen to the Podnews Weekly Review podcast (weekly.PodNews.net) for interviews and discussions about podcasting.
  • Explore the alternate enclosure tag in podcasting 2.0 to provide audio and video options in your RSS feed.
  • Consider using the Podfans platform to broadcast live events with audio and video capabilities.
  • Utilize the alternate enclosure tag to allow viewers to watch or listen to your content.
  • Experiment with combining audio and video feeds to simplify the user experience and avoid splitting your audience.
  • Check out YouTube Music for a user-friendly switching experience between audio and video content.
  • Consider a convergence strategy by producing audio and video content for your podcast, if applicable.
  • Stay tuned for future episodes of the new media show for more insights and discussions on podcasting.

The key moments in this episode are:
00:00:05 – Introduction

00:01:15 – Podcasting 2.0

00:04:40 – Podnews Weekly Review

00:06:48 – Implications of the Alternate Enclosure Tag

00:07:48 – Apple’s Support for Alternate Enclosure

00:14:36 – Spotify’s Video Feature for Joe Rogan

00:15:02 – Splitting Listeners and Podcast Industry

00:16:21 – YouTube’s Strengths and YouTube Music

00:17:53 – Importance of Alternate Enclosures

00:18:27 – Live Tag and Radio Industry

00:30:10 – Live Item Tag Support in Podcasting Apps

00:30:47 – The Potential of Live Podcasting on Apple

00:34:11 – Improving Streamyard with Permanent URLs

00:31:01 – Simultaneous Publishing for Live Episodes

00:36:58 – Podcast Hosts Embracing Live Podcasting

00:46:32 – The Importance of Repurposing Radio Content

00:47:57 – Podcasting Revenue and Radio’s Perception

00:49:59 – Radio Companies and Podcasting

00:51:30 – Consolidation and Advertising Deals

00:54:31 – Scams Targeting Podcasters on Facebook

01:02:59 – Introduction to YouTube Music’s podcast features

01:03:40 – YouTube Music’s dual approach to playing podcasts

01:05:04 – Difference between YouTube Music and YouTube Studio experience

01:07:04 – Lack of communication from the YouTube team

01:10:54 – Increase in podcast listening among older audiences

01:19:16 – How the hosts’ shares are doing

01:19:40 – Early adoption of electric cars

01:20:26 – Reluctance to buy an Elon Musk car

01:21:17 – Electric car preferences and concerns

01:23:03 – Future of podcasting

01:34:23 – Podcast Industry Data

01:36:01 – Validating Podcasts

01:37:31 – Podcast Completeness Tag

01:40:15 – Discrepancies in Podcast Numbers

01:42:35 – Contact Information

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