Sounds Profitable

Today in the business of podcasting:
Apple Podcasts and Apple Maps launch Hidden Histories, a feature that uses the podcast:location tag to place episodes on real-world locations. Apple also confirms that video is coming to Apple Podcasts Subscriptions in more than 170 countries and regions.
A new Audacy report argues that mid-sized podcasts are an untapped advertising opportunity, citing a 22% lower cost per acquisition than on celebrity shows. It also finds that listeners are 27% more likely to be swayed by topic experts than by celebrities.
Karo Chakhlasyan says Podcast Movement left them less convinced that audio is the best way to grow audio. They point to video clips as a growing driver of discovery and to incrementality as the measurement question the industry hasn't answered.
To find links to these, and every article covered in today's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.

This week Tom Webster comes back from his Podcast Movement keynote in New York with a number that should stop the industry cold. Across four years of The Podcast Landscape, the study has asked people every place they have consumed a podcast in the past year, and the third most-named platform is no longer Apple Podcasts. It is Netflix. Tom lays out why that ranking troubles him, and why he thinks 2026 is another one of those turning-point moments for the medium.
Tom gets into:
Why Netflix landed at number three, and what a deliberately low-bar survey question does and does not tell us
The three reasons Netflix worries him, from the gatekeeper problem to the fates of shows like Mindhunter and The OA
How the top three places people find podcasts all reward deliberate search over discovery, with 77% of YouTube discovery coming from intentional search
The quiet slide of podcast-native apps, down from 19% to 15% as most-used, and what it means to lose our "Tower Records"
Plus why Tom worries the rush toward Netflix could turn podcasting, for much of America, into Temu TV, and what the industry should be protecting instead.
Read the full issue here.

Today in the business of podcasting:
Triton Digital's Sharon Taylor pushes back on the video-first narrative, pointing to 2025 U.S. Podcast Report data showing 80% of monthly listeners both watch and listen while only 7% watch exclusively. Her advice is to treat video as an expansion of an audio show rather than a replacement for it.
A growing number of creators and the companies representing them want to sell ads through TV-style upfront commitments, but unlimited, always-on creator inventory does not behave like a network's finite schedule. Experts told Digiday the model will likely work only for the top one percent of talent, sold through agencies and creator networks.
The legal fight over the executive order targeting NPR and PBS funding has quietly ended, leaving in place a First Amendment ruling that permanently blocks key provisions of Executive Order 14290. It is a limited victory, since Congress had already rescinded the money and dissolved the Corporation for Public Broadcasting.
To find links to these, and every article covered in today's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.

Today in the business of podcasting:
Ad buyers draw a line on YouTube's "Engaged Views": At last week's Sounds Profitable Business Summit, ADOPTER Media, Right Side Up, Oxford Road, and YMH Studios committed to counting only YouTube's "Engaged Views" when buying ads on the platform. The move answers YouTube's August decision to count a view after a single frame plays, a change that roughly doubled raw view counts.
IAB on video plays: At its 2026 Podcast Upfront, the IAB argued podcasting is underbought, noting digital audio takes 16% of media time but only 2% of ad spend even as podcast revenue grew 17.6% to nearly $3 billion in 2025. The IAB also stopped short of backing a single unified standard, pointing instead to existing podcast and digital video definitions.
Bumper's partnership with Oxford Road: Oxford Road is bringing Bumper's new Bumper Score into its planning and buying, rating shows from 0 to 200 on their ability to deliver ads to verified listeners across audio and YouTube. Bumper co-founder Dan Misener says better data means greater trust, and greater trust leads to more investment.
NPR wants to sign more independent creators: NPR is looking beyond in-house production to strike more distribution and ad-sales deals with independent creators while letting them keep their IP. It recently teamed with Casey Newton and Kevin Roose to distribute and sell ads against their new AI-focused video podcast "Machine Gods."
Women athletes are running the creator playbook: A new Digiday report finds pro women athletes using content creation to supplement thin salaries and build brands that outlast their careers, with Snapchat's "Snap the Gap" cohort growing an average of 1,491% and pulling in 16 million story views. The common thread is ownership over how they show up and who they reach.
To find links to these, and every article covered in today's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.

This week in the business of podcasting:
Podcast Week in New York opened with the Sounds Profitable Business Summit, where This American Life's Ira Glass argued that podcasts build deeper audience connections than influencer content and that the depth makes their advertising more effective. A later panel tackled Spotify's skip button test, with Right Side Up and Acast pushing the industry toward better ad quality and more transparency.
Writing in The Roast, ADOPTER Media's Adam McNeal makes the case for pinning YouTube ad deals to "engaged views" rather than the platform's newly inflated public view count, arguing buyers should anchor contracts to the more meaningful metric while they still can.
Spotify is expanding its Partner Program for podcasts to more than 35 new markets this fall, its largest geographic rollout yet, citing a 140% jump in video podcast consumption and working with hosts like Acast, Libsyn, and Omny so creators can opt in without switching distributors.
At the IAB Podcast Upfront during Podcast Week, the IAB released a new video podcast measurement guide and argued a brand-new medium-agnostic framework like the AMP Accords is not needed, pointing buyers instead to existing IAB Tech Lab standards and clarifying which one applies where.
Apple's fall operating systems bring a wide batch of new Apple Podcasts features across iOS 27, tvOS 27, and macOS 27, with video as the throughline: a redesigned Apple TV app, video playback on macOS, full transcripts and chapters, and a new Search in Show tool.
To find links to these, and every article covered in this week's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.