A
sign that the podcast industry has matured and is now a viable option for advertising
buyers is increasing the focus on accurate audience measurement.
In December we published
a comment by blogger and consultant Steve Goldstein [link].
He said that the industry has reached the “tipping point” and is now experiencing rapid growth.
He said that the industry has reached the “tipping point” and is now experiencing rapid growth.
When
Goldstein was asked to characterize the state of podcasting in 2019, he said:
“[The growth of podcasting is] nothing short of explosive. We
have hit an inflection point in which awareness has moved beyond ‘what’s a
podcast?’ and there is a cool factor [that] is hard to engineer. The velocity at which this has
shifted to a business of acquisitions and aggregation by big players is head
spinning.
But
for Podtrac, the de facto leader in podcast audience measurement, the news was
not so good. Podtrac had to recall its November Top 20 Podcasts chart because
they included “clicks” instead of actual listeners.
Plus,
Podtrac will soon have a new, very serious competitor: Triton Digital. Triton
plans to debut its audience measurement in March 2020.
According
to a report in the Podcast Business
Journal [link], the recent troubles for Podtrac began when podcast
publisher American Media’s show Us Weekly Hot Hollywood [link] debuted in the
Top 20.
UK
technology blogger James Cridland took a close look Us Weekly’s analytics.
Cridland discovered that they included Android users visiting a website that never is
actually playing a podcast.
Podcast Business
Journal
contacted Podtrac for their feedback about what Cridland’s reported. Podtrac told
the Journal: “Everything is fine.”
But
it wasn’t.
Then,
without making any other comment, Podtrac issueda new chart. In a statement, Podtrac described Cridland’s work -- that
found the false numbers -- “heroic." Podtrac never took responsibility for reporting
false information.
Podcast Business
Journal
criticized Podtrac for
their lack of transparency and refusal to respond to any questions or inquires
about their charts.
ENTER TRITON DIGITAL
According
to a report by Inside Radio {link], Triton
Digital has been quietly building its podcast measurement service.
Triton
Podcast Report has already gotten a commitment from NPR and several big
commercial media companies such as Entercom’s Radio.com, Cumulus Media, and
Stitcher.
John
Rosso, President of Market Development at Triton Digital said in a press release:
“We are
pleased to leverage our 10-plus years of digital audio measurement expertise to
provide reliable and informative data around podcast consumption in the U.S. Our
Podcast Reports will provide buyers with the trusted, third-party podcast
measurement they need to make informed decisions around podcast advertising.”
“Furthermore, our reports
will provide podcast Networks with the reputable consumption data they need to
grow their podcast strategies, gain a better understanding of their listening audiences,
and increase their advertising revenue.”
Note
the use of the terms “reliable,” “trusted” and “reputable.” Triton is saying what
potential podcast advertisers want to hear.
Meanwhile
Podtrac has released their December Top Publishers chart, shown below.
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