PodMov Daily: Tuesday, August 16
Episode 702: Testing, One Two-sday
The Blurring Line Between Podcasts and Audiobooks
The division of podcasts and audiobooks is becoming less and less clear, writes Sebastian Modak of The New York Times. On the listener side at least, publisher classification may even be irrelevant. The audio version of Cults, a book by Parcast founder Max Cutler, is one example blurring the line.
It’s a different story for creators. Since books on tape, audiobook distribution and monetization has been handled by the publisher. From Simon & Schuster Audio and available on Audible, Cults is read by a full cast. (“Predictably, [it] feels like a podcast turned into a book, rather than the other way around.”)
With its upcoming audiobook vertical, Spotify aims for a new class of creators who will make their own audiobooks and monetize them on the platform. Spotify leadership has confirmed plans for an ad-supported ‘freemium’ model, which would spell a massive change for the publishing industry.
In June, Hot Pod interviewed Michele Cobb of the Audio Publishers Association (APA), about the potential effects. Audiobooks have never come cheap, and with Spotify entering the market “the concern is that you would get so much less per unit that it would ultimately depress revenues.”
Will Spotify technically become a book publisher? Will creator-made audiobooks count as self-published? While Audible sells finite copies, will free streaming be unlimited? Let’s hope that creators on Spotify won’t be subject to the bargain-basement streaming royalties paid to musicians.
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Here's what else is going on:
- Square one: “What I Wish I Had Known When I Started My Network” is Thursday at 1:00 pm ET on LinkedIn. Jam Street Media founder Matty Staudt will look back at contracts, content strategies, and more, plus what he learned while helping to start the iHeartPodcast Network. Free registration.
- Giant check: The Resonate Podcast Festival will accept show pitches until August 23. New and aspiring podcasters are eligible for a $10,000 pilot production contract from Virginia Public Media. The event takes place October 15-16 in Richmond, Virginia. $50 registration until September 6.
- Follow up: Libsyn is hosting a Multilingual Podcasters Meetup on September 15. The topic is today’s Latino Podcast Listener Report 2022. Elsie Escobar will lead a deep dive into the data, including emergent ideas around listener behavior and how they can be used to improve podcasting. Free registration.
- Silver screen: Before working at This American Life, B.A. Parker was a film professor. The newest Code Switch co-host spoke to Alice Wilder of “Starting Out” about the leap to podcasting with minimal experience, the power of compassionate editing, and an unexpected Zoom call with Ira Glass.