Podcast Reset and Podcast Hall of Fame, Spotify Video, iHeart Layoffs - Live

14 Nov 2024 · 95 min
1:35:10

In this live episode of the New Media Show, host Rob Greenlee and guest Todd Cochrane discuss a wide range of podcast‑industry topics. They start with new portable audio/video gear (Rode’s smallest wireless mic, DJI Osmo Pocket 3, Insta360 X4) and the practical challenges of using clip‑on cameras. The bulk of the conversation centers on the upcoming Podcast Hall of Fame (PHF): a newly announced board of governors, a more formalized nomination and voting process, international expansion, and the logistics of the ceremony (live stream vs recorded, branding, sponsorship, and potential for multiple inductions per year). They compare the PHF governance model to the Podcast Academy’s Ambies and debate board term limits. The hosts then shift to industry news: iHeart’s 5% staff reduction, the consolidation of BlogTalkRadio into Spreaker/Triton, and the impact on 3,200 affected shows. Blueberry’s upcoming Creator Connect matchmaking platform (open to podcasters, YouTubers, and other creators) is previewed, along with concerns about revenue growth and a looming recession. They note a post‑election spike in new creator sign‑ups, especially business‑focused podcasts, and discuss metrics differences between streaming and downloads. Spotify’s upcoming ad‑free video‑podcast offering (Jan 2025) and its view‑ership‑based compensation model are examined, with skepticism about the lack of audio‑only compensation. The conversation moves to the difficulty of buying podcast ads, the need for a unified taxonomy, and the tension between legacy radio companies (iHeart) and the growing video‑first strategy among UK creators. They also discuss poll reliability, personal voter‑registration quirks, and the broader question of whether podcasts should be audio‑first, video‑first, or both. A lighter segment covers the political creator subscriber exodus after the U.S. election, the tendency toward extreme positions, and creators’ fear of taking balanced stances. Todd and Rob share anecdotes about voting in two states, ballot shredding, and the unreliability of polls. They wrap up with personal Thanksgiving plans, expat food experiences in the Philippines, and a brief technical note that a factory reset resolved a RODECaster connectivity issue. The episode ends with a reminder of the next show schedule and contact information.

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