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Saturday, March 05, 2005

My first Podcast interview: The Future of Podcasting Revisited

I met Tom Parish from 4webresults after seeing that he would be speaking on a SXSW panel on The Future of Podcasting.  Tom interviewed me to get some takeaways from The Future of Podcasting guest blogging feature featured here on Business Thoughts.

You can either stream the interview or download the .mp3 file.  I speak on why I blog, podcast love and what the future may hold.

Tom, thanks for taking the time to do this! 

[link]

[download] the .mp3 (35 minutes, 13 seconds - 24.2MB)

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Monday, February 21, 2005

The Future of Podcasting: More podcast mentions

Jeff from Cooking on the Radio mentions the Future of Podcasting feature.

Thanks Jeff!

[link]

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Sunday, February 20, 2005

The Future of Podcasting feature is highlighted

New podcast by the Trend Junkie highlights the Future of Podcasting feature and Business Thoughts.

Thanks Greg!

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Saturday, February 12, 2005

The Future of Podcasting: The Recap

Huge kudos to our guest bloggers for taking the time to write their posts!

This technology is taking off extremely quickly, especially if you consider it "started" in September of 2004.  There are many that consider podcasting the death to traditional radio and the next "big thing" to change everything.

Full disclosure, but most of you know I work in the radio industry as a General Sales Manager for Susquehanna Radio.  I do consider podcasting to be threat, but in no way will it kill the industry (for example, people were saying the same thing about CD's in cars).  It has a long way to go before its main stream.  The technology is still too "teckie" for the average person.  However, you can't put your head in the sand.

As an early adapter myself, I am listening to a number of podcasts every week on my iPod and home computer.  I'm a very big fan and see it fitting into my life as long as I can easily find content via iPodder or other aggregators. 

Personally, I have found that podcasting continues to steal time away from the TV.  Since getting TiVo, my family probably watches less than 10% of shows live.  We watch what we want, when we want and time is spent doing other things.  I spend much more time in front of my computer blogging, listening to podcasts than channel surfing like I used to.

Do I take my podcasts with me via the iPod.  You bet I do.  But I find that I listen while I'm at Starbucks, at one of my kid's multiple practices or activities.  In the car I'm generally on my cell phone or listening to radio as "work" (monitoring competitors, listening for specific content on my own station, etc.).

Traditional radio (and satellite radio) has a very good opportunity to podcast content as well.  This will most likely work best with entertainment, talk and/or sports related stations.  Favorite local jocks have an opportunity to podcast as well, but they probably have just as much opportunity to connect and drive additional Arbitron ratings by blogging consistently.  There are additional revenue streams both direct and indirect as well (sponsorships and possibly subscription fees), but it's early to tell what will work.

It's very early, but what isn't going to go away is the personalization that consumers are wanting and nearly demanding.

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Friday, February 11, 2005

The Future of Podcasting: Dave Slusher

The last post of our Exclusive Feature, The Future of Podcasting!  Today's writing is from Dave Slusher of the Evil Genius Chronicles.  Dave has been podcasting "since the early days".  I'm honored that he invested the time to contribute to this feature.

Please leave your comments below!

Welcome to the Evil Genius Chronicles' listeners and readers!  If you are interested in subscribing to this blog, please help me out and use the Feedburner feed!

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The future of podcasting is a tough nut to crack, considering that there is so little present and past to it. I was in this pyramid scheme early - listening to podcasts, creating them, and writing tools to handle them. Even now, those days are less than 6 months old. This mode of communication and distribution is powerful and caught the public imagination in a big way. I've never seen something take off so quickly, especially not a whole new communication infrastructure. Of course, being built out of barely repurposed bits of existing infrastructure helped out a lot with that.

Let me divide this look ahead into a few sections - what I want to happen, what I fear will happen, and what I expect to happen.

WHAT I WANT FROM THE FUTURE OF PODCASTING

It's hard to define exactly what I want podcasting to bring, because what I most want is to have a landscape created that I can't recognize.  Podcast has a low cost of entry, low cost of production and reasonably low cost of distribution (this is what ends up hurting people who become unexpectedly popular, that shocking moment when the first bandwidth bill shows up). I want all of that to fuel a rewriting of the rules, an unleashing of imagination that will lead to new formats, new types of listening that seem obvious in retrospect that none of us were bright enough to create. I'd have never dreamed that there would be popular podcasts about bowel movements and jostling testicles, but there are.

I want to see new and different forms of drama come about. I'd love to see an independent film promote itself not just like Skinnybones - a podcast about the production - but with drama set in and around the film. It would be wildly interesting to listen to a podcast that gives the backstory as an audio play. Novelists could do similar and create scripts from the excised scenes and thus create audio plays that don't merely adapt another work but expand and fill in the gaps and create a deeper involvement with the story and characters.

I want the creators down the long tail to use this medium as their mechanism for getting into the attention economy. Indie bands and record labels need to realize this is a huge opportunity for getting their music out into the ears of potential listeners. Michael Butler and his band American Heartbreak are already doing this. I've heard dozens if not hundreds of great bands that are too good to be so deeply under-appreciated. Podcasting offers them an opportunity to get out there, to do a better job at lowering the friction in matching the right music with the right listener. They are out there, and with less work than ever, creators can enable their potential fans to find them.

Most of all, what I want from podcasting is to instill in a whole new generation of people a love of the audible. Seventy years ago, the audio was a primary mode of interaction as family gathered around the radio for FDR Fireside chats or Burns and Allen. Part of what drives my affection of podcasting is displaced affection for radio - affection that the bland commercial and public offerings of the present day have forfeited. I want to hear people taking chances and trying new things.  It's been decades since I heard that on the corporate commercial airwaves, and it has been a rarity even on the public bands. Give me back my ears, allow me to enjoy listening to entertainment again. Is that so much to ask?

WHAT I FEAR FROM THE FUTURE OF PODCASTING


Much of what I like about the podcasting game is that has such a low ante. Nothing prevents big players, in the form of existing stations or show producers from publishing. On the other hand, nothing prevents any individual with access to a computer, a network connection and a cheap microphone from creating one either. My fear is that the existing media oligarchs will not just enter this arena, but try to establish artificial gates to preclude individuals from podcasting.

I think it would be great to have the largest radio shows distributed via podcast. If I could get the Howard Stern show that way, I would listen. I fear that rather than the media oligarchs embracing this world and allowing it to exist as a level playing field, one of two options might happen. The first is that they ignore it completely. The second is that Viacom or Clear Channel or Infinity work to lobby for
regulation or some form of rules that favor the large organizations, much like they and the RIAA did for the webcasting rules with the Library of Congress.

The beauty of podcasting is that it can allow for creativity to run amok. The oligarchs are in the business of putting out the same old same old (they don't have to be, but that's what they've chosen to make of it) and as such are the natural enemies of creativity, of the long tail. My hope is that long tail thinking prevails, my fear is that the enormous resources in the tall head will attempt to un-level the
playing field to give the large organizations an unnatural advantage.

WHAT I EXPECT FROM THE FUTURE OF PODCASTING

The future is arriving at an alarming rate. To make a guess about what the near and far future will hold is difficult. I firmly expect that there will be quite a bit of turnover in the roster of most popular podcasts. Much has been made of the power law and the effect of the top podcasts referencing each other to the exclusion of others. In practice, I think we will see more new popular podcasts and a number of current highly listened ones dropping in relative popularity. I don't think this will necessarily come from a decrease in listeners but in a lagging behind of gaining new ones. I think the market for podcasts will expand several orders of magnitude in the coming months and years.

I predict in a few years it will be transparent and not something with so much "buzz". When a listener looks to be amused or entertained, they will have a range of choices that include television, DVDs, radio, podcasts, webcasts. Podcasting will simply take a place as one more distribution method in a continuum of methods. It will become commercially exploited, people will make money off it, and I predict that much of this money will come in ways no one is expecting or predicting (ie, not advertising or the standard models from previous media.) Not only do I expect that, I am on the edge of my seat waiting for it.

The coming times will be interesting, possibly in the Chinese curse sense. Many people will find their horizons broadened, their connections widened and the distance of this planet shrink as our reaches expand. Engaging with and learning about other cultures will get easier and easier. Finding entertainment options will require ever less time and energy. The TiVo on-demand model will move from the TV to the ears, the listeners will be more empowered and will not have to listen to something that doesn't meet their needs because "it is the best thing on."

I can't wait.

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Thursday, February 10, 2005

USA Today on Podcasting

I was in Atlanta yesterday when I picked up the USA Today (2/9/05) outside of my hotel door.  Podcasting is cracking mainstream when you get this kind of coverage!

Congrats to guest bloggers' Michael Geoghegan, and Michael Butler for being referenced.

I'm very please to know The Future of Podcasting feature this week beat the USA Today!

[link] to Podcasting:  It's all over the dial
[link] to Radio to the MP3 degree:  Podcasting

[read] my other podcasting posts

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The Future of Podcasting: Tim Bourquin

Day 4 of the Exclusive Feature, The Future of Podcasting!  Today's writing comes from Tim Bourquin of the Podcast Brothers, Podcast Expo and Endurance Radio.


Welcome fans of Tim's work!  If you would like to subscribe to this blog, please help me out and use the Feedburner feed!

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The Future of Podcasting

Tim Bourquin

http://www.PodcastExpo.com
http://www.EnduranceRadio.com

My iPod has survived three pretty major crashes on my mountain bike. It’s been my trusty companion on long rides in the hills near Laguna Beach ever since I received it as “best man” gift from my brother and his wife the night before their wedding. In the old days, back in early 2004, I used to record streaming media interviews with mountain bikers to my hard drive, use Winamp to convert it to a wav file, convert the wav file to an mp3 and then transfer the mp3 to my player manually. So when this thing called “podcasting” came along, it was like the clouds parted, the sun came shining down, and an orchestra began playing the 1812 Overture.

I’ve been doing recording and encoding of streaming media for years now, and in all that time I’ve never seen it take off like podcasting has in the past 6 months. Something happened when podcasting was born that streaming media was never able to achieve – excitement that goes beyond Internet-savvy geeks.  People aren’t just listening to podcasts – many are inspired to produce podcasts themselves. That’s something that just didn’t happen with streaming audio.

I’ve asked about 30 people the same question over the past 2 months: “What is it about podcasting that got you so excited in a way you weren’t about streaming audio?” The answers are varied, but usually one theme rises to the top: when I want it, where I want it. That’s the key to this whole podcasting phenomenon – portability and freedom. It’s had such a huge impact on me personally, that last year when I was in the market for a new truck, I bought a Nissan Titan almost entirely because it had a “line-in” jack in the dashboard for the stereo so I could play my iPod through the audio system. Think about that - I made a $29,000 decision because it allowed me to take advantage of listening to podcasts instead of the crappy morning-drive drivel on FM. If that isn’t a sign of what impact podcasting has had - and will have in years to come - I don’t know what is.

Podcasting is going to allow you to receive the most targeted, niche content you can imagine. Are you a single mom with twins in Phoenix?  There will be a podcast out there someday (maybe there is already) just for you. Mass media can’t afford to do a show just for single moms with twins in Phoenix because they simply can’t afford to. Mass media has to reach mass numbers in order to be profitable and because of this you have few choices. Podasting is going to change that. It will now be feasible to create audio for only a very tiny audience – and do it profitably if you want to because advertisers will pay you to reach your hyper-targeted audience. The benefit to the listener is that the more targeted an ad is to you personally, the less you are bothered by the advertisement.

The reason I hate traditional radio ads is because after the 10th mortgage commercial and the 10th Viagra commercial – neither of which I am in the market for thankfully, I’m annoyed – not curious to find out more. But if you’re offering me a new shock absorbing iPod sheath that will resist scratches and damage when I fall over my handlebars, now you’ve got my attention.

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Wednesday, February 09, 2005

The Future of Podcasting: Mark Ramsey

Day 3 of the Exclusive Feature, The Future of Podcasting!  Today's writing is from Mark Ramsey, Founder and President of Mercury Radio Research and writer of his blog, Radio Marketing Nexus.

Welcome to Mark's friends and readers!  If you would like to subscribe to this blog, please help me out and use the Feedburner feed!

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Podcasting is a fancy name for personal broadcasting.  I create my content and it drifts out to an audience who passively elects to receive it.  If it were called "personal broadcasting" instead of "podcasting" it would catch on must faster.  Because don't kid yourself, most folks have no idea what podcasting is - they're still pissed that nobody got them an iPod for Christmas.

The difficulty here, as in everything else on the net, is in developing a critical mass of interest, a "hit".

With a zillion podcasts out there on a zillion different topics there are few broad-based "programs" worth listening to.  A wide range of special interest tech-focused programs is not nearly sufficient.

I have read that corporations can use the technology to get financial analyst reports to stockholders, but this is not the type of application that will have folks running to sign up for podcasts.  Like Radio, podcasting will be driven by entertainment.  But where is that entertainment supposed to come from and how is it supposed to get noticed?

I would like to say there will be more entertainment-oriented podcast programs in the future, but I don't really know.  Just because you can create a great show from your basement studio doesn't mean folks will listen to it.  Quality and attention have NEVER been correlated - that's why a small cabal of international media conglomerates want to own everything - they're buying access - distribution - to eyes and ears.  And once they own it, you can't.

There's also the problem of rights management.  If I'm, say, Howard Stern, what is my incentive to create a podcast?  Very little.  Now if Howard wants to grow his audience through word of mouth he could conceivably make certain segments or bits available via podcast, but he is heavily incentivized to do no more than that, lest he cannibalize his own money machine.

If Podcasting is to reach beyond the technorati, first of all, the technology to create and receive such casts must be vastly simplified.  My blog provider doesn't currently support the coding required to send podcasts.  Until this technology is push-button simple on both the sending side (where it isn't nearly) and the receiving one (where it almost is) then this is going to be hype-only.

Second, if there are 10 or 20 million iPods in the US that's not nearly enough.  There must be universal access - just as you can access any web page from any web-enabled computer.  Every mp3 player should work - every computer should come with the software that enables podcasting.  Until this happens, the dream will be far off.

Finally, Joe and Jane Doe's podcasts will, in the long run, be swamped by podcasts produced by and for the entertainment conglomerates, just as their websites tend to swamp yours.  Sure there will be exceptions, but few that most folks can name.

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Tuesday, February 08, 2005

The Future of Podcasting: Michael Geoghegan

Day 2 of the Exclusive Feature, The Future of Podcasting!  Today's writing comes from Michael Geoghegan of Reel Reviews.

Welcome to the fans of Reel Reviews!  If you would like to subscribe to this blog, please help me out and use the Feedburner feed!

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I am bullish on podcasting. I tell everyone willing to listen about the power of podcasting. I still cannot get over the fact that you can sit in your home and produce an audio show that has a worldwide audience. That is just mind blowing. Podcasting has experienced explosive growth; but is still in its infancy. There are so many aspects that need to be worked on; it makes one’s head spin. That is also what makes it exciting. We can make a difference in developing and shaping the growth of the medium.  I thought I’d take this opportunity to highlight some of the issues I see on the horizon.

Podcasting is too hard to do.

There, I said it and it is true. Now keep in mind, I am a proponent of getting as many people podcasting as possible. I have an entire series entitled Podcast About The Podcast devoted to help simplify all the steps involved. In fact, on any given day those posts will be the most requested of any on my site. There is a lot to learn and people need help.

The first thing anyone is going to judge a podcast on is the audio quality. Is it pleasant to listen to or for that matter is it at least tolerable? What no one tells a beginning podcaster is that they will also have to become an amateur audio engineer. Welcome to the world of compression, normalization, limiters, gates, de-essers, plosives, dB, kHz and sample rates. What podcasters need are tools.

How about a basic application geared towards voice-over and spoken word. In its default mode, you start it up, plug in a microphone and it runs through some setup steps to set levels and compression for your voice. Next, you record away. When you are done, it allows for basic cut and paste editing, adding in an intro and outro and sound bed, if you like, and then sets a final output level. You assign a profile to the newly recorded show and a window pops up with all your default id3 tag info, name, comments, author, genre, album artwork etc. It allows you to edit any tags for the show you just produced. Next it asks you to confirm if it should encode to mp3 using the default setting. The podcaster makes his choice, hits enter and quickly the newly produced and encoded podcast pops into his production folder. This is a tool designed for the beginner. As more non-technical people get involved in podcasting, they are going to be searching for simple tools that can help them get started. With tools this easy to use we can really open the floodgates for people to express themselves. That is where the power lies.

Subscribing to a podcast is not simple enough.

I recently produced a new podcast about wine called Grape Radio. We were fortunate that Grape Radio quickly became popular among wine enthusiasts. However, these people had no experience with podcasting. What we didn’t realize is how much they would struggle with trying to get our podcasts to work. We received lots of “tech support” questions from folks who couldn’t figure out how to use their podcatching software. We were happy to help, but this points to a bigger challenge. These are the “customers”, the people we are trying to attract to podcasting. We should not be making them work this hard. It needs to be “idiot proof” - point and click simple. Here is what I envision. A listener is at a site and decides they want to subscribe. They click on a podcast subscription button. Their default podcast client pops up a window confirming they want to subscribe. The user clicks yes and they are done.

Monetization

With all the talk about podcast monetization I can guarantee two things:

1. “How are you going to make money,” will continue to be the number one question asked of podcasters for the foreseeable future.

2. New Media Consultants will begin making money talking about how podcasters are planning to make money.

Let me quickly highlight two emerging opportunities. One is to license podcast content for use by commercial ventures. This is particularly appealing in the niche content arena. As podcasting becomes more popular and well known, large commercial sites with forum and discussion groups will feel pressure to add a podcast channel. A partnership can be struck between a well-known high traffic commercial site and a well-produced podcast covering the same topic. This is something we recently did with Reel Reviews and DVDtalk. Another example is licensing podcast content for radio, both terrestrial and Internet. Think I’m crazy? Check out the Public Radio Exchange.

The second opportunity is consulting and production agreements with businesses and organizations that want to begin using podcasting as a tool to communicate with their constituents. There is a lot to learn and experienced podcast producers can certainly add value in these situations. These opportunities are not abundant but are becoming available.

Radio

I know that Mark, one of this week’s guests bloggers, is a radio consultant so I thought I’d address radio briefly. Podcasting has a somewhat uneasy relationship with radio, not unlike blogs and traditional print media. I think each is jealous of the luxuries of the other. Podcasters can do and say what they please free from any regulatory or commercial concerns. Radio has all the tools to produce quality audio, but more importantly, they figured out how to monetize the medium long ago.

Podcasting borrows so much from radio. People who have radio in their background make many of the best-produced podcasts. They certainly had a step up on the learning curve. In a recent interview on podcasting I was asked if I always wanted to be on the radio. That’s an easy one - no, never even thought about it. However, if a radio station were to ask me to start doing movie segments, I’d just want to know where to park and what time to be there. Not because I’m dying to be on the radio, but because I am having so much fun sharing my passion for film with others, and any time you get excited about sharing you want to include as many people as possible. I think you’ll see some people move from podcasting to traditional radio. Radio can leverage podcasting as an effective farm system. Go looking on the Internet to see whom people are responding to, what are they choosing to listen to given almost unlimited choice. If someone can hold your attention talking into a microphone in their bedroom, imagine what they can do with studio production behind them.

Many broadcasters will dismiss podcasting as having no value and being composed exclusively of wannabe rank amateurs. They should be cautious, I know that since I found podcasting my time listening to radio is less than 10% of what it used to be. I haven’t heard in weeks shows I used to listen on a daily basis. I’m not trying to imply podcasting is going to take over radio, just that a trend is emerging, because of portable media devices, whether it is music or podcasts, people are spending less time listening to radio.

I think a second group, frankly a smaller group, will embrace podcasting as a way to increase the strength of the relationship with their radio audience. Offering special segments from favorite hosts, exclusive content and show archives. They will also be able to tap into their existing advertising relationships to make it profitable. Essentially radio needs to figure out how to get on those portable mobile devices We are already seeing some radio stations and personalities releasing shows as podcasts. Frankly, with all the talk about how to make money with podcasting, radio is positioned to do it first.

I am excited to see the growth of podcasting over the next year. It will be interesting to look back and see the changes that have occurred. Podcasting is moving so quickly it almost takes your breath away. Whether it is someone that wants to share personal thoughts and experiences with close friends and family or someone trying to build a worldwide audience, podcasting offers an amazing opportunity for people to express themselves. Ultimately, that is what it is all about.

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Monday, February 07, 2005

The Future of Podcasting: Michael Butler

Day 1 of our Exclusive Feature, The Future of Podcasting.  Today's writing comes from Michael Butler, creator of The Rock and Roll Geek Show

The tagline of Michael's blog says it all:  The Greatest Rock and Roll You Have Probably Never Heard.  Interviews and Geek Talk from a Rock and Roll Geek.

Welcome Rock and Roll Geek Show fans and readers!  If you would like to subscribe to this blog, please help me out and use the Feedburner feed!

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The Rock and Roll Geek Show

http://www.rockandrollgeek.com

The Future of Podcasting

        When Todd contacted me about doing a guest blog entry about the future of podcasting, obviously I was honored to be included in his list of 'experts'. But I should start out by telling you that I am not an expert on anything except Rock and Roll, but I certainly appreciate the compliment!

        As you may or may not know, I started podcasting in September of 2004.  That makes me a podcasting dinosaur. When I started, there were probably 10 podcasts. Now it has grown to hundreds , or more likely, thousands of podcasters and growing more each day. You can hardly open a newspaper without finding an article about podcasting now.

Ok, here is what I think is the future of podcasting:

1.  As it grows in popularity, there will be more and more people doing podcasting and, consequently, a lot of people will start copying other peoples podcasts. But that is pretty much what happens in any medium, I guess. Hopefully, originality and innovation will prevail.

2.  A lot of other mediums will hop on the bandwagon as they are now.  More and more  commercial radio stations are starting up podcasts. I think this is a good thing. The more choice the better for all of us listeners.

3.  As more shows come on and the amount of  choices grow and grow, a lot of shows' listenership will drop. Because of this, a lot of podcasters will get discouraged and stop doing it. While I don't want to lose listeners, this could also be a good thing. It will give those of us who are really into doing these things the incentive to make their shows better. Also, as more people start doing these, the expenses involved in making a quality podcast (ie, nice microphones, mixers, etc) will discourage some.

4.  Advertising: as this thing gets more mainstream, there are some who will get real advertisers and start to see some income from this. I have been trying to get sponsorship from several beer companies for sometime now (with not much luck, btw). The reason I am doing this, other than to get some free beer, is because I think this will be a major coup for podcasters and it will show that real companies (not that tech web sites are not real companies) are hopping on board and once one real non tech company signs up, others are sure to follow.  This will be a good thing for all of us. I will continue my quest for sponsorship from beer companies, record stores, clothing companies, etc. This being said, I don't ever expect to make a living off of this.  Like anything that is well done, it is a labor of love.

5.  Up until now, there  has been a real positive , community feel among all podcasters. Every one is pretty supportive of each other. But as the battle for listenership grows, I expect to see some podcasters talking bad about others on their shows pretty soon. I hope this doesn't happen but I think it is inevitable. (although it could make for some interesting listening!)

There you have my thoughts on the future of podcasting. Take these with a grain of salt because I am pretty much talking out of my ass. :)

Michael Butler
http://www.rockandrollgeek.com

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