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Forrester Research’s 2007-2012 report called US Online Video Marketing Spend that online video spending will total $7.153 Billion. This show 1500% growth over last year’s spending of $471 Million. A major factor in driving this growth is the availability and increase of use of broadband internet. Both eMarketer and Ad age project that 89% of US households will be connected via broadband in 2008.
Jonathan
More and more communities are now publishing podcasts to promote and seek economic growth. Two great examples are the cities of Virginia Beach and Denver.
Virginia Beach’s Department of Economic Development began podcasting in March. Interviews have included a city councilman, the editor of Men’s Fitness magazine and retired NFL icon Emmitt Smith.
“We’re trying to show we’re really in tune with what’s happening,” said Cynthia Whitbred-Spanoulis, the department’s strategy and performance coordinator.
City of Virginia Beach Podcast
Matthew
Wizzard Media, CEO, Chris Spencer, was featured on Fox Business this morning last Friday. Wizzard is our stategic partner, and the host of many of our podcasts. Fox reports that Wizzard delivered 275 million downloads in just the first quarter. Who thinks podcasting is still a fad?
Podcasting is seen to have a positive effect on radio listening, according to a study relased today in the UK. Rajar (Radio Joint Audience Research Ltd) released findings of its second survey into podcasting and radio listening via the internet. The findings were based on 863 respondents who were asked to complete an online questionnaire.
People were asked if they had ever listened to the radio stations via the internet and the study found that 14.5 million people had done so - up 2.5 million from 12 million in November 2007.
When asked if listening to podcasts effectived their radio listening, three quarters of those listeners said podcasting had no impact on the amount of live radio to which they listened. And almost half said they were listening to radio programs to which they did not listen to previously.
Six million people in the UK have downloaded a podcast, up from 4.3 million in the previous survey. iTunes remained the software of choice, used by almost three-quarters of podcast users to subscribe to podcasts.
Overall the study showed that Podcasting appeared to have a positive effect on live radio listening. Almost 15% of respondents said they listened to more live radio since they began downloading podcasts while 10% stated they listened to less, and 39% said they were listening to radio programs they did not listen to previously.
Podcast listening occurred throughout the day, with an evening peak, when 44% of podcast users pressed the play button. The survey also found that 53% of respondents said they would be interested in downloading podcasts containing advertising if they were free, while only 31% responded positively to the idea of podcasts with advertising that had to be paid for.
This study somewhat contridicts the long thought idea that podcasting is stealing the terrestrial radio listening audience. It appears that the opposite is occuring, and that podcasting is recondioning listeners to listen to audio programs and even introducing them to content that they previsously were unaware of.
I have always loved pairing radio with podcasting. Radio serves as an excellent promotional vehicle and provides an instant audience, where podcasting allows you to manage that audience as they subscsribe to your feed.
Matthew
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