Amazon makes its own stake in the podcasting pie by acquiring Wondery. According to our EVP, Sean King, "This deal shows Amazon is taking strides to expand their music and audio services, but how they roll out new programming, subscriber bundles and ad products will be the key to their success."
Nielsen’s data shows that, on average, 70% of listeners exposed to podcast ads are able to recall the brand. The brands that had the highest ad recall scores in most of Nielsen’s studies were in the automotive, financial services, CPG, retail, media and telecommunications categories.
iHeart launches new network to serve rapidly growing Latinx podcast listener base and demand for relevant content.
With increasing launches of subscription offerings, should podcast advertisers be worried? Not according to vp of podcast media, Hilary Ross. This should make top-tier, in-demand ad spots more competitive and reinforces the importance of strong host-advertiser relationships.