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Podnews Acquires Podcast Business Journal

With the addition of Podcast Business Journal, Podnews will expand its coverage to include even more valuable insights and information.

Maddy Troy

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Podcast Business Journal — previously owned by Streamline Publishing Inc. — has been acquired by Podnews, the popular industry newsletter. This acquisition marks a significant development for Podnews, which boasts over 26,500 daily subscribers.

Podnews offers a free daily newsletter that covers a wide range of topics in the podcast industry, including news, job opportunities, and events. The newsletter has become a go-to source for industry professionals and enthusiasts alike, due to its comprehensive coverage and in-depth analysis.

“I’m delighted to welcome Podcast Business Journal into the Podnews family,” said Podnews Editor, James Cridland. “We’re pleased to continue to document the growth of the podcast industry, and maintain Podcast Business Journal’s role of independent coverage for serious podcasters.”

“As Podnews continues to grow, with our series of networking events called Podnews Live, the in-depth weekly podcast Podnews Weekly Review and other plans in the works, we see great benefit in an additional brand to focus on those in business,” Cridland added.

With the addition of Podcast Business Journal, Podnews will expand its coverage to include even more valuable insights and information on the growing podcasting industry.

Podcast Business Journal will become a weekly newsletter, containing in-depth interviews with podcast business leaders, providing an overview of the week’s podcast business headlines and news. Its first weekly edition under Podnews ownership will be released this Friday.

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Media Business

Audacy Podcasts to Debut Series on Cultural Impact of MTV

“MTV is still on the air in 2024, and it’s still profitable, but my nieces and nephews know it as a logo on an Urban Outfitters t-shirt. I wanted to know what happened, and where the spirit of MTV exists now.”

Barrett News Media

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A photo of the Who Killed the Video Star? The Story of MTV logo

Audacy Podcasts is set to release a new podcast series called Who Killed the Video Star? The Story of MTV.

The eight-part series will be hosted by former MTV VJ and Esquire Editor-At-Large Dave Holmes. The first two episodes released Wednesday, with new episodes releasing weekly through Wednesday, May 8th.

“In the ‘80s and ‘90s, MTV was a window into an alternate universe, one full of music and art and style and sex, that commanded the attention of my whole generation. At the turn of the millennium, I climbed through that window and worked there, and found myself surrounded with the smartest, hardest-working people on Earth, people who loved music and pop culture the way I did,” said Dave Homles.

“MTV is still on the air in 2024, and it’s still profitable, but my nieces and nephews know it as a logo on an Urban Outfitters t-shirt. I wanted to know what happened, and where the spirit of MTV exists now. As I gathered the story, in real-time, a few other bulletproof media brands– Vice, Pitchfork, Sports Illustrated, MTV News itself– went out of business. The story of MTV is a fascinating one in its own right, but it’s also turned out to be, in microcosm, the story of media in 2024.”

“Dave’s insider perspective makes him the perfect person to dissect the trajectory of the cultural phenomenon that is MTV, “ said Jenna Weiss-Berman, EVP, Podcasts, Audacy. “This series is a treat for listeners across all the generations who made MTV a part of their lives.” 

Guests on the show include former VJs “Downtown” Julie Brown,  Damien Fahey, and Kevin Seal. Additionally, former MTV News reporters like Gideon Yago, Chris Connelly, and Suchin Pak will also be featured.

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Media Business

Salem Media Group Sees Drop in 2023 Broadcast Revenue, Slight Increase in Digital

Digital revenue at the company was up 4.1% with increases from the Salem Podcast Network, Salem News Channel, and digital marketing.

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A photo of the Salem Media Group logo

Salem Media Group has released its 2023 financial results, and the company saw a slight dip in broadcast revenue during the year.

Overall, the company reported revenue had declined $7.6 million compared to 2022, representing a drop of 3.7%. Nearly half of that figure was political advertising, as that sector dropped from $5.9 million to $2.3 million, a loss of $3.6 million.

However, digital revenue at the company was up 4.1% with increases from the Salem Podcast Network, Salem News Channel, and digital marketing.

In total, the company reported a rise in operating expenses during the year, ultimately reporting a net loss of $43.3 million in 2023 compared to the $3.2 million it lost in 2022.

Salem Media Group instituted several measures throughout 2023 to mitigate the losses, including selling its publishing and church products divisions. It also sold its former California headquarters for more than $6 million, while agreeing to lease the building for $500,000 per year.

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Media Business

SiriusXM Subsidy AdzWizz Agrees to Advertising Deal with Locked On Podcast Network

SiriusXM will sell Locked On inventory through a new collection of content provided by the satellite service.

Barrett News Media

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A photo of the Locked On logo

Locked On Podcast Network has inked a new agreement for AdsWizz — a subsidy of SiriusXM — to sell the company’s podcast advertising inventory through 2026.

SiriusXM will sell Locked On inventory through a new collection of content provided by the satellite service, which includes the league-specific channels like NFL Radio and MLB Network Radio, as well as College Sports Radio through targeting data and programmatic capabilities.

Currently, Locked On features more than 200 sports podcasts including 60 dedicated to major colleges and college conferences. Last year, the company reported more than 300 million downloads and video views of its content.

Locked On will continue to also provide its own direct sales for its content.

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