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🎙 Veritonic Unveils Game-Changing Video Podcast Analytics Tool as YouTube Dominates Industry

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PODCAST DEVELOPMENT

MAGELLAN AI

🔥 Leading Audio Intelligence Platform Magellan AI Gets Industry-Standard Certification for Podcast Metrics

Image: Magellan AI

Magellan AI brings home IAB Tech Lab certification on podcast measurement, joining the elite ranks of trusted data providers. The audit, which was done in two months, tested its measurement systems against the most challenging technical guidelines in the industry.

This represents an important milestone in the company's efforts to bring clarity and confidence into podcast advertising metrics, including improved measurement accuracy and reliability, according to key executives Jim Ballas and Cameron Hendrix.

The Key Points:

  • Magellan AI got the IAB Tech Lab Certification of compliance for podcast measurement.

  • It confirms that this firm follows the Podcast Measurement Technical Guidelines 2.2

  • Their platform provides real-time ad monitoring, programmatic campaign analysis, and detailed listener metrics.

  • The company's database tracks more than 50,000 podcasts. The company finished the certification process in two months.

Highlights:

  • Comprehensive measurement products include airchecks and attribution analysis.

  • Strong focus on standardized metrics - downloads and unique listeners - for consistency and reliability in podcast advertising measurement.

  • Focus on trust and transparency in podcast advertising measurement.

  • Platform caters to advertisers, agencies, and publishers alike

Why it Matters: For anyone navigating the podcast advertising landscape, this certification is akin to having a certified speedometer in your car – providing a trustworthy gauge of how well podcast ads are performing. Think of it as akin to having a calibrated thermometer for cooking – ensuring precise measurements and reliable outcomes every time. This makes it easier for advertisers to know exactly what they're getting for their money and for podcast creators to prove their value.

The Big Picture: This certification has far-reaching implications for podcasters, advertisers, and agencies, offering increased credibility and better insights into audience engagement.

For podcasters, this means better credibility in ad sales and deeper audience insights to further optimize content. Now, producers can have more accurate data with which to optimize their content and ad placements.

This could mean that for the industry as a whole, more advertising dollars will be captured because bigger brands will have confidence in podcast advertising metrics, which could lead to increased revenue opportunities across the ecosystem.

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PODCAST INSIGHTS

VERITONIC

Veritonic Unveils Game-Changing Video Podcast Analytics Tool as YouTube Dominates Industry

Veritonic is revolutionizing the video podcasting world with its sophisticated audio analysis tools, considering the increasing interest of Gen Z in video podcasts and the strong position of YouTube in the podcasting market.

The platform's unique method helps creators and brands understand audience preferences better, transforming how they make decisions and establishing Veritonic as a key player in the podcast industry.

Veritonic has introduced advanced tools that allow creators and brands to go deep into audio performance in video podcasts for exact engagement metrics and insights across various platforms. The reason behind developing such tools is the rising interest in video podcast consumption, particularly on YouTube.

The Key Points:

  • Veritonic extends its analytics platform to video podcast audio performance.

  • The dominant podcast platform in the US has emerged to be YouTube.

  • 84% of younger listeners (Gen Z) prefer video podcasts over audio-only formats. Users can leverage second-by-second engagement metrics on the platform and comprehensive cross-platform analysis to gain deep insights into audience behavior and optimize their content strategy for maximum impact.

  • The new entrants include the audio-visual synergy measurement tool and the brand effectiveness tracking tool that enable creators and brands to amplify their content's reach and carve their advertising strategy with precision.

Why It Matters: Think of this as getting X-ray vision into what makes video podcasts successful. Instead of just guessing what works, creators and advertisers can now use actual data to understand how their audio content performs when combined with video. This means better content, more engaged listeners, and more effective advertising-ultimately leading to better podcasts for everyone.

The Big Picture: That would finally provide podcasters and producers with the tools to understand how their audio performs in a video-first world. They will finally have the ability to make data-driven decisions about content creation, potentially increasing both engagement and advertising revenue. More broadly, it means a continued evolution toward increasingly sophisticated, metrics-driven content creation-one that could raise the overall quality of podcasts while pushing advertisers to create more impactful campaigns.

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CUMULUS MEDIA

🚨YouTube Dominates Podcast Industry with Record-Breaking 34% Market Share in 2024

Image: Cumulus Media

YouTube has become the leading podcast platform, capturing 34% of US listeners-a share that significantly outpaces Spotify's 17% and Apple's 11%. The shift illustrates how video-first content is upending the dynamic of audio-only podcasts, particularly among younger listeners.

A recent study by Cumulus Media and Signal Hill Insights surveyed 603 podcast listeners every week in October 2024. Presented by Elizabeth Mayer and Paul Riismandel, here are the results from the thirteenth installment of the Cumulus Media and Signal Hill Insights Podcast Download series. This is a report on the state of podcasting, covering platforms, content, and brand safety.

The Key Points:

  • YouTube reached an all-time high of 34% as the most-used podcast platform-to-date, way over Spotify's 17% and Apple's 11%

  • 40% of podcast listeners prefer actively to watch podcast videos, while 31% prefer audio-only experiences, demonstrating quite a strong preference for video content.

  • 55% of YouTube podcast listeners consume the same content on other platforms as they do on YouTube.

  • 61% of the younger audiences of 18-34 are especially influenced by YouTube thumbnails, showing preference for this visual element.

  • Two-thirds of the people who listen to podcasts on a weekly basis state that YouTube, Spotify, and Apple are their to-go destinations when it comes to podcasts.

Why It Matters: The transition to YouTube as the primary podcast platform signifies a fundamental change in how audiences consume podcast content. This transition from purely audio to video-enhanced experiences is reshaping content creation, discovery, and engagement strategies, making podcasts more accessible and appealing to newer, younger audiences while maintaining flexibility for traditional audio listeners.

The Big Picture: This means podcasters and producers have to adapt their content strategy to also include the elements of video while not compromising on the quality of audio. The trend is leading more and more into having visual content, investments in video production equipment, and thumbnail designing. Moreover, the cross-platform consumption trends indicate an important need for existence on multiple platforms in order to capture maximum audience and efficiency.

📢 PODBUSINESS & MARKETING

⏭️ Magellan AI Promotes Jim Ballas to Lead Podcast Measurement Division as New General Manager. Jim Ballas has been promoted to oversee Magellan AI's measurement tools, which help advertisers track their podcast ads' performance and reach new audiences.

⏭️ Leeds Marketing Agency Source Partners with BBC Veteran's Podcast Company to Expand Audio Services. To assist their clients in producing professional podcasts as part of their marketing plans, marketing agency Source has teamed with podcast company Ginger Wizard Productions—founded by former BBC producer Nick Wilmshurst.

⏭️ Bloomberg Audio Extends Partnership with Audacy's News Stations Nationwide. Bloomberg will keep giving Audacy's radio stations all around America business news and financial reports, so reaching listeners via well-known news outlets in big cities including Philadelphia, San Francisco, and Detroit.

🎧 FROM THE COMMUNITY

⏭️ Former Cumulus Podcast Executive Offers Free Career Consulting to Laid-Off Media Workers. Former senior executive at Cumulus Podcast Network and experienced media professional John Wordock is offering one hour of free consulting to help those media pros who lost jobs this year decide on their next moves, especially in podcasting.

⏭️ Webby Awards Hosts Free LinkedIn Live on Advanced Podcast Marketing with Podglomerate SVP. Joni Deutsch from The Podglomerate will present professional podcast marketing techniques used by big clients like Netflix and PBS together with advice for optimising publicity, marketing, and award submissions during a free LinkedIn Live session hosted by The Webby Awards.

⏭️ Real-Time Podcast Ad Analytics: Master Incrementality Testing in 2024. Using a new real-time dashboard that simplifies and lessens the cost of the process than conventional approaches, this free webinar teaches advertisers and marketers how to precisely gauge whether their podcast ads are actually attracting new consumers.

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