Podtrac
claims its podcast ranking charts are The
Standard of the podcast industry. But the company met considerable
resistance last week following an abrupt and unexplained change in one of its
key metrics. Podtrac stopped including global downloads, a basic metric of
measuring podcast’s reach.
The
respected radio industry publication Inside
Radio said they will discontinue printing Podtrac’s charts because of
concern about the veracity of Podtrac's methodology and the company’s lack of
transparency.
Inside Radio said [link] that a
reporter for its sister publication, Podcast
News Daily, inquired with Podtrac about the change. A representative of the
company responded by email, saying:
"We are
re-evaluating the information provided on the rankings. There is a link at the
bottom of the post requesting feedback to that end." That was the entire
message.
According
to a knowledgeable industry source, who spoke with Spark News off the record, people are speculatinb that Podtrac’s
download numbers may not be in compliance with the Internet Advertising
Bureau’s (IAB) impending 2.0 standards.
Podtrac
has a secretive internal process that sometimes does not build confidence in
the company. Podtrac wants to establish itself as the industry’s “go to” source
for podcast metrics similar the role Nielsen plays in broadcast ratings.
Velvet
Beard from Podtrac told us in November 2018 that it is up to publishers to choose
which of their shows they want Podtrac to include in the rankings. For
instance, the number of active shows published by iHeartRadio varies between
100 and 600 depending on the month. iHeart has complained publicly about
Podtrac’s decision not to not provide download data because they think is
important information.
Spark
News publishes Podtrac’s rankings “as is.” We let readers decide the value of their
charts.
LISTENING TO PODCASTS HAS
GROWN BY DOUBLE DIGITS FOR MOST PUBLISHERS IN THE PAST YEAR
Podtrac’s
ranking of podcast publishers for January
2019, compared with January 2018 (chart on the left), show amazing growth in the
estimated number of people accessing podcasts. Of the eight publishers with
data for both years, only one organization had a decrease in Unique Monthly
Audience: WNYC Studios. The reason for drop is not known.
Commercial
podcast publishers, including The New
York Times, Wondery and iHeartRadio, saw startling growth in their Monthly
Audiences during the past year. The Times,
powered by the popularity of The Daily,
was up 49%.
The
estimated audience for public media podcast publishers were also up over the
past year. PRX had the biggest gain, up 17%.
NPR, the top podcast publisher, increased their Monthly Audience by 9%.
Despite
the gains made by commercial publishers, podcasting remains predominantly a
public media endeavor. The chart on the right shows Podtrac’s Top 20 podcasts
for January 2019.
Unfortunately,
Podtrac does not provide the statistics for the Top 20 podcasts, so we have to trust
them that the rankings were not created using an Ouija Board.
Public
media organizations publish 14 of the Top 20 (70%). NPR publishes 9 of the Top
20 podcasts (45%).
PODCASTS + RADIO =
SUCCESS
The
top takeaway from the data is that radio and podcasts reinforce each other and
both platforms benefit. Radio has greater
reach and podcasts satisfy the on demand itch for a deeper experience.
Sixteen
of the Top 20 (80%) podcasts have strong ties to radio. They use virtually the
same content on both platforms. This allows valuable cross-promotion opportunities.
Examples
that demonstrate the one-two punch of radio and podcasts include:
•
The Daily, now the top podcast
according to Podtrac, has benefited by radio distribution by American Public
Media (APM). More and stations are adding The
Daily because of its perceived affinity between Times readers and public radio news listeners. Plus the banner “ad”
at the top of page one of The Times
doesn’t hurt either.
•
Conservative talker Ben Shapiro leveraged his popular daily podcast into a
staple of right-wing commercial talk radio. Now in only its fourth month of
radio syndication The Ben Shapiro Show
is now cleared on over 200 stations, including outlets in most of the biggest
markets. Being on radio has allowed Shapiro to monetized his entire company, Daily Wire. It may be cool to have a hit
podcast but the real money is syndication.
•
Radio cross promotion was essential to the successful launch of the podcast
series Serial by This American Life’s (TAL).
Serial was introduced to an estimated 2.4 million people when it was featured
on TAL. Not every podcast debuts on 450 public radio stations.
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