Monday, November 30, 2020

Reuters Institute: New podcasts punching above weight

 

The Reuters Institute for the Study of Journalism has a new report focusing on the phenomenon of daily news podcasts, one of the fastest growing areas of media consumption and a format that has been a lifeline for many people during the coronavirus pandemic, says the institute. “For publishers like the New York Times (The Daily) and the Guardian (Today in Focus) these on-demand audio briefings are now attracting large daily audiences, building habit and loyalty for their brands, and driving significant revenue too,” says the institute. Elsewhere the daily podcast scene is more nascent.

Here are some items from the report:

• Daily news podcasts make up less than 1% of all those produced but account for more than 10% of the overall downloads in the U.S. and 9% in France and Australia, according to publicly available data. These shows are clearly punching well above their weight with audiences.

• The format pioneered by The Daily — a deep-dive of around 25 minutes — has proved particularly successful and has been most widely adopted by other publishers around the world. But the report identified three other types: i) an extended chat; ii) a concise news round-up; and iii) a microbulletin aimed at smart speakers and streaming apps.

• More widely, publishers see daily news podcasts as a crucial way to attract younger audiences and engage them more deeply with their brands. News organizations pursuing subscription business models say podcasts — specifically daily news podcasts — help increase loyalty and reduce churn.

News & Tech

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