Podcasting: The Publisher'S Guide To
Podcasting: The Publisher'S Guide To
PODCASTING
III Introduction
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But why should publishers look at podcasting? After all, it’s cer-
tainly not a quick-win for making money as many of the revenue
opportunities are still in the early stages, and there’s not exactly a
lot of spare cash washing around the industry to experiment.
The primary reason is because publishers are in a unique position
to take advantage of this exploding market. Most podcasts start-
ing out fail because they don’t have a strong enough proposition,
or because it takes too long to build an audience up.
But most publishers already have a very
“People increasingly expect it.
strong brand with which to look at podcasts
as an extension, as well as a ready-made au- Certainly young people are consuming
dience, established marketing channels, and a lot of podcasts. So if you’re looking
most importantly, trust. to build loyalty with users, podcasts
Couple this with the strong penchant for are a really good way of doing that
storytelling that a publication’s editors natu-
rally have, and the low financial and techni-
because it’s not fleeting attention.”
cal barriers to entry, and the case for start- Nic Newman, The Reuters Institute’s Digital News
ing a podcast looks a lot stronger. Report 20186
90%
dedicated to your content.
With the growth of smart speakers and major investment from
platforms like Spotify and Apple into making podcasts more dis-
coverable, this is not a trend that is going away anywhere fast.
We hope that this guide will help you identify both the opportu- of their duration
nities and challenges at the start of your podcasting journey, no
matter how large or small a publisher you are.
Issue-based
Issue-based podcasts may have substantial overlap with the
brand extension topic outlined above, but have a narrower fo-
cus. One example is the BBC’S Brexitcast podcast, which will run
until the issue is resolved (or Britain dissolves into Armageddon…)
Brexitcast is updated every few days, depending on how chaotic
the political situation has become,
Similarly, the New European’s podcast is issue-based, but also
covers their complete editorial strategy as their entire publication
focuses on the issue of Brexit.
News-based
News organisations like the Guardian and
The Telegraph are clear candidates for this
kind of podcast, but more niche news-based
brands are also able to make use of this
format for everything from technology to
sports.
The disadvantage news-driven podcasts
have when compared to the other formats is
that they age very quickly, and it’s much less
likely that older episodes will get listeners.
Podcasts reliant on news will also by nature
need to be much more frequent. Weekly, or
even daily episodes complement this format
better than a monthly, longer episode, and
will need dedicated resource and a process
established early on to ensure success.
In fact, the daily news podcast is now a
crowded market. Over the past 18 months,
daily general news podcasts have been
launched by a number of publishers, from Chart: Reuters Digital News Report 2018
The Washington Post, NPR, Vox and CBC to the Guardian, The
Economist and Slate13. These have become much more attractive
following the overnight success of The New York Times’ The Daily,
which reportedly has more than two million listeners tuning in
each day to its 20-minute episodes since launching in 201714.
This means that if you’re considering doing a daily news podcast,
there are two things to consider. Firstly, it has to stand out from
the crowd, and that means that unless you have an exceptionally
large or strong news readership, launching a daily news podcast
is not the best idea.
Secondly, it changes the way success metrics are measured. No
one will go back and listen to old episodes, and therefore historic The Daily has more than
listener numbers aren’t going to play a part in the success story.
However, the nature of high frequency publishing means that a 2 million
larger audience can be built up very quickly, and if you’re looking listeners tuning in daily
for a way to cement your brand into the daily routines of your
readers, a short daily podcast has potential15. The Guardian’s daily
podcast Today in Focus is the most popular of its ten podcast
titles, and claims almost a quarter of all podcast listens for the
publisher16.
Complementary topics
Echoing niche newsletter strategies, some publishers are choos-
ing to build a podcast on a complementary topic rather than as
a direct extension of what they already cover17. Dear Viv, which
used to be distributed by The Pool until its closure January 2019,
was a good example of a podcast that offered something new and
useful to the audience. Viv Groskop took an ‘agony aunt’ style ap-
proach to the podcast, answering reader’s queries and issues with
‘no-nonsense advice’ in just 10 minutes each week.
Another publisher taking advantage of an “Having written about Black Mirror
indirect topic is UK newspaper brand Met-
ro, who have a podcast about mental health in 2016 when the first Netflix series
called Mentally Yours. This involves having came out, and had good numbers
a mystery guest on each week to talk about and SEO value from that, I thought a
‘all the weird stuff going on in our minds’18,
and is definitely not one of Metro’s core
podcast would give us an extra edge,
news topics. particularly in the US where the show
Metro aren’t the only publisher with a men- has such a good audience and where
tal health podcast. Reach PLC launched No podcasts are so popular.”
Really, I’m Fine just a few months ago to dis-
Suchandrika Chakrabarti, Black Mirror Cracked20
cuss mental health issues. The publisher is
also behind a number of other well-known podcasts such as Pod
Save the Queen and Black Mirror Cracked, which proved a hit as it
went live on the same day as the Netflix series, shooting straight
to number 2 in iTunes19.
This is a classic podcast format, and one that can be easily adopt-
ed if a publisher’s writers already speak to relevant people as part
of their day job. Interviews have the benefit of working well for
both mass consumer media brands and very niche brands, as well
as B2B publishers.
Recode Decode, Recode’s podcast is a good example of this. Recode
cover technology and media and have an excellent network of
influential industry figures. Editor-at-large Kara Swisher does
lengthy in-depth interviews with figures such as Elon Musk, Ev
Williams and Nancy Pelosi which are then released as episodes
every couple of days, as well as providing source material for new
stories for the site.
Grazia is one of many B2C publishers to
utilise the interview format for a podcast.
Their Grazia Life Advice series features 25-
30 minute interviews with ‘women worth
listening to’ on the best and worst life advice
they’ve been given, from Bake Off winner
Nadiya Hussain to #MeToo campaigner Rose
McGowan.
Another well-known publisher podcast using
the interview format is EMPIRE. They de-
scribe the podcast as ‘an assortment of irrev- EMPIRE Editor in Chief Terri White with Ruth Wilson at the live
recording of their 300th episode in 2018.
erent, film-related chat, as well as interviews Image via empireonline.com
Narrative-based
Storytelling is a popular format for independent podcasts. In fact,
it was this style which put podcasts back on the map when Serial
launched in 2014, where a nonfiction story is narrated over multi-
Format
The topic you choose will heavily influence
the format, but that’s not to say you can’t mix
it up, for example you could have a round-up
of key stories from that week, plus an inter-
view with a relevant industry figure to form a
complete episode. The number of episodes consumed per week is growing according
to a report on Investing in the Podcast Ecosystem in 2019.
The key here is to let your knowledge of your Charts via Digital Content Next
audience inform its structure, format and
length. You could even reach out to a focus group to run some
ideas past them, and find out what they would most like to listen
to.
For example, a women’s fitness magazine might find that a short
weekly podcast with health and fitness tips is ideal, but then
longer interviews with key health and fitness interviewers would
also work just as well as a monthly special.
Length
The biggest mistake people make when starting a podcast is
length. It can be easy for podcasts to end up unnecessarily long,
especially as hosts get more comfortable in front of the micro-
phone. A good edit can help immensely with this, and is covered
in more detail in chapter 5 of this report.
The overall average length of a podcast is 43 minutes, but this The average length
varies greatly across topics. This doesn’t necessarily mean shorter of a podcast is
is better: the average length of a podcast in the top 100 charts is
53 minutes, according to data gathered in October 201826.
43
The ideal length of the podcast should be considered in the
planning stages. Frequency and topic both play a big part; it isn’t
realistic to expect to produce an hour-long daily podcast, nor is it
realistic to expect people to listen to it.
minutes
Daily and weekly podcasts should ideally be a ‘commutable’
length, and it is important to set expectations around how much
time your audience actually has to listen. In fact, research from
Edison27 into people who don’t listen to podcasts found that the
top reason was length, with 50% of non-listeners saying podcasts
are too long.
Monthly podcasts can afford to be a little longer in length. There
are plenty of examples of both monthly and weekly podcasts that
successfully run from anything between 40 and 120 minutes.
However, it is rarer to see regular podcasts of over two hours do-
ing well, with the exception of gaming podcasts like Castle Super-
beast, which frequently hits over four hours, and is also streamed
on Twitch.
Recording equipment
At a very basic level, most laptops and even mobile phones have a
passable microphone, and as long as there’s a quiet room availa-
ble, technically no investment is needed to get a pilot or proof-of-
concept podcast.
To get a more polished finish requires very little financial invest-
ment. There are good USB microphones available on the market
even at the cheaper end that will capture voices clearly if plugged
into a laptop.
Keep an eye out for directional microphones - mics that only pick
up sound from a specific point in front of someone’s mouth - to
keep background noise to a minimum.
Similarly, there are good quality dual lapel mics that plug into mo-
bile phones as a viable option of recording interviews if out and
about.
However, if you want to take things to the next level, mixing
decks are a solid investment. These help balance the sound com-
ing in from individual microphones, so if someone talks more
quietly than someone else, their individual volume can be raised,
or muted if necessary! Mixing decks are generally used to give
more control during recording, meaning that less post-produc-
tion work is needed.
A point to factor in is how portable the recording equipment
needs to be. If your podcast is going to be based around inter- Basic recording
views, there’s no point spending hundreds of pounds decking equipment checklist
out a studio in the office, if staff are going to be out interviewing • A device, like a laptop or
people. The investment is better spent on good quality mobile computer, to record on
equipment. • A microphone, ideally
per speaker
Costs are difficult to estimate as they’ll vary depending on what
• A connection between
format the podcast is in, the number of people speaking, and
the two (USB mics are
more importantly, the room used for recording - more on that in
the most popular op-
chapter 4. tion)
A pilot podcast can be tested for free or with cheap microphones. • A quiet room
Once you’re ready to get serious, an investment of £100-£500 will
set your team up with decent microphones, and a mixing desk if
necessary.
Alternatively, there are a growing number of studios that can be
hired from £60-£250 an hour, with many offering everything from
basic setup and recording to a full edit as part of a package.
Editing equipment
There are a huge range of tools available for editing podcasts.
We’ll explore some of the aspects to consider in the following
chapter on editing, but if there are people on your team who are
familiar with a particular editing software, that’s an excellent
place to start.
There are many popular recording and editing softwares that
require little or no investment. Audacity is a very common open-
source audio recording and editing program.
At the other end of the scale, Adobe’s Audition offers an advanced
level of control, and comes as part of Adobe’s Creative Cloud Dual lapel microphones that plug
license, which many publishers will already have, although it can straight into a phone, like this one,
also be purchased as a standalone subscription. can be good for recording interviews
in situations where full kit isn't avail-
There are also an increasing number of cloud-based all-in-one able.
recording and editing options. Cast is one example of this, where Image via Amazon.co.uk / MAONO
Time costs
‘How long does it take to produce a podcast?’ is one of the most
frequent questions we are asked. It’s impossible to say, very
much a ‘how long is a piece of string’ question, and it depends on
a number of factors like topic, recording length, sound quality,
equipment, staff skill, and software used.
If staff are going to be involved in the planning, recording, edit-
How long could a
ing and distribution of a podcast, their combined time has to be
podcast take in practice?
taken into account.
If a publisher has three
Planning is a vital part of a successful podcast, and the time taken editorial staff doing
to plan will depend entirely on the topic. Interviews may require a topic-based weekly
just half an hour of preparing questions, but a discussion between podcast of around
multiple people should have a loose structure planned to ensure 40 minutes, this is a
it doesn’t go off-topic. breakdown of what the
time spent could look like:
When it comes to editing, there are some approximate guidelines.
As a rough guide, a one-on-one interview is fairly quick to edit, Preparation: 1 hour with 3
and a half-hour interview of good sound quality could take up to employees (= 3 man hours)
an hour to edit down to a final 20 minute product. Recording: 50 minutes
with 3 employees (= 3 man
A team of two or three people discussing a topic will take longer. hours)
If that team talks for 45 minutes, and someone makes notes of Editing: 2 hours with 1
which bits to cut or mistakes to edit as they’re going along, it employee (2 man hours)
could take between 1.5 and 2 hours to edit to a final 30-40 minute Miscellaneous*: 30
product. minutes with 1 employee
(0.5 man hours)
One rule stands true: the longer the podcast has been going, the
*Uploading, distribution, final
faster it gets to edit, as teams get more efficient and comfortable checks
with the format, equipment, and editing skills.
Total time for a 40
But when starting out and putting together a proposal, it’s best minute weekly podcast:
to take the final length of time you want the episode to be, and 8.5 man hours per week
multiply that by three for an approximation of the time it’ll take to
edit (e.g. a 30 minute episode will take 1.5 hours to edit).
Of course, this is based on the process running like clockwork
each week. Almost everyone working in podcasting will have
experienced the last-minute emergency where things go wrong
during recording or upload, and that can quickly absorb hours in
Staff skills
Again, it’s worth emphasising that the barriers to entry for pod-
casting are low. There are even tools available on mobile phones
which can be used to edit audio now to a reasonable standard and
with little training.
You may have the staff already with the nec-
essary skills in-house to edit audio. Popular
programs like Adobe Audition or Audacity
make it simple to get a recording to a state
where it’s good enough to distribute.
To take a podcast to the next level, there are
plenty of short online courses available for
the most common audio tools to either top
up knowledge on editing, or learn how to
edit to a high standard.
It is strongly recommended that at least a
few people in the team are trained up on
audio editing and distribution. A key staff
member being off sick or away unexpectedly
can mean that an episode doesn’t go out at Chart via Digital News Report 2019
How to record
The detail of how to record a podcast will depend on the software
you’re using. Although a microphone per person isn’t essential, it
can help with ensuring a clean sound, and with balancing voices
later in the editing process.
Backup advice
One lesson I would recommend everyone learns early on is to
double-record. Always have a second way of recording the ses-
sion up and running at the same time as your primary method,
whether that be on another laptop, or even just a mobile phone in
the middle of the table (on silent, of course!).
Although it’s rare for audio files to corrupt if you’re careful, it’s
easy to accidentally delete recordings, damage laptops, or end up
in situations where the recording isn’t accessible.
Recording remotely is another area full of pitfalls for backup. If
you’re planning a podcast with guests, you may end up having to
record interviews online or over the phone, and sometimes re-
Accoustic foam panels like this one
cording solutions can go wrong or not work at all. are inexpensive yet effective at re-
ducing echo in a room.
Having a backup recording can save a lot of stress. Even if the Image via ebay.co.uk
Recording formats
How audio is recorded will depend on the software being used,
but the majority of podcasts are recorded and edited using the
WAV format; an uncompressed file format that will allow easy
application of enhancements and editing to the audio.
But even if a recording is recorded as a more compressed MP3 or
AAC pre-editing, it can still be cut and edited to a certain extent,
it will just be more difficult to apply enhancements fully.
Most dedicated podcast apps will compress the audio when an
episode is uploaded anyway. Where possible, podcasts should be
recorded and edited in WAV format for maximum control over
editing, and then exported and compressed to an MP3 file before
being uploaded for distribution. This will ensure that you have as
much control over the sound and quality of the output as possi-
ble.
There are a vast range of options for royalty-free intro and back-
ground music pieces online, making it easy to find something
that’s just right for your brand for a low cost.
When putting in music like this, or segueing between different
pieces of audio, always do at least one listen to every instance of
the transition as this is a common area to get things wrong, such
as audio imbalances, runover or awkward gaps.
As with all editing, once the first pass is
complete, it is helpful to leave it for a while
before going back for a second check to en-
sure that the episode is coherent.
You may want to consider recording a stand-
ard outro with key information like how to
subscribe, relevant social media handles and
more. This can then be added at the end of
each episode, which will save just a little bit
of time when recording and editing. Sites like Pond5 have a vast range of royalty-free tracks available.
• What will the workflow look like with editing, and who
will have final sign-off?
Design
Before you can upload your podcast, it needs to have a cover -
very similar to a CD cover - that is displayed when the episode is
playing. This will also show when the podcast hits the charts, so it
needs to stand out among the hundreds of other podcast covers
out there.
At a very basic level, every episode should have its own article
on your brand’s website, with an embed of the episode itself, a
description of what it’s about, and any links mentioned. Consider
creating a dedicated hub which these articles live in to make it as
easy as possible for people who are looking for your podcast to
find it on your own site.
Similarly, leverage existing social media channels. Unless there’s a
specific business case for it, don’t waste time setting up separate
social handles for the podcast. Emphasise that it’s part of your
brand by promoting it in the same way you would articles, videos
and other brand extensions.
2 in 3
podcast as a driver for subscriptions. It has launched a number of
podcasts, from its fortnightly Technology Intelligence podcast to
pop-up series on topics like Strictly Come Dancing. But the pub-
lisher is open about the fact that the priority for audio is to reach
new audiences about specific topics and to get them acquainted of the FT's podcast listeners
with The Telegraph, rather than directly making money35. are non-subscribers
Similarly, the Financial Times has recently ramped up its market-
ing of subscriptions to audiences across its 12 podcasts, 60% of
which are aged between 22-3736. The FT estimates that two-thirds
of its audio listeners are non-subscribers, and therefore the pri-
mary aim of the podcast for the long term is converting them into
paying subscribers.
Of course, a podcast can support multiple goals. Or the goals can
change and evolve over time. But keep it simple starting out, and
make sure the goal/s of the podcast are kept in focus, otherwise
it can be easy to overload the messaging.
A podcast that supports existing business KPIs rather than just
flying under them is much more likely to get buy-in from other
teams, and that will help ensure its success in the long term.
Analytics
Measuring a podcast’s success based on the number of listeners
shouldn’t be difficult. Many people assume that getting basic ana-
lytics is easy, like video views or article dwell time.
Engagement
One less commonly used - but still valuable - metric is engage-
ment. This is interactions beyond just listening, and can include
anything from feedback on social media to reviews on iTunes or
the number of shares of an episode article.
As with analytics, it’s tough to get a com- “I can see podcasts being an
prehensive view of audience feedback. But
there are ways to make it easier, such as
important part of what we do,
directing listeners to an email address or not necessarily in terms of scale of
Twitter handle if they would like to give listeners but certainly in terms of
feedback, or requesting that users of iTunes
engagement with those listeners.”
rate your show.
David Higgerson, Chief Audience Officer, Reach43
Bear in mind that feedback like this can
appear weeks or months after airing the episode. With the ex-
ception of daily or heavily news-driven podcasts, the format has a
long shelf life, and you could still be getting feedback years after
an episode goes live.
Pricing
People frequently want to know what the ‘industry standard’ is
when it comes to charging for advertising or sponsorship in pod-
casts.
Here’s a fact that will save you time: there is no industry standard.
Industry standards are a thing of the past, where you could set
your print page rates by number of subscribers and circulation.
But a frequent mistake both advertisers and “Many within the industry are eyeing
media organisations make is in placing too
much emphasis on the numbers. The previ- a much bigger number: $17.6 billion.
ous chapter dealt with some of the challeng- That’s the amount that traditional U.S.
es of measuring podcast engagement, which radio brought in over the last year.
means listeners and subscribers can be a
misleading way of quantifying engagement.
Even if podcasting is able to chip away
at just a small chunk of those dollars,
Much of the mentality around pricing is still
on the pageview-style model. Advertisers then there’s good money to be made
expect thousands, if not tens of thousands in the space.”
of listens before considering spending
Simon Owens, What’s New in Publishing62
money. Some publishers may see this as
achievable early on, especially in lifestyle and entertainment. But
for more niche publishers, this undervalues the audience, for a
number of reasons.
Take for example a small but well-respected B2B publisher. They
have a steady readership, a high-value audience, and advertisers
who spend frequently on display.
A podcast may be an excellent brand extension, allowing the
team behind the site to reach the audience in an inexpensive but
much more personal way. Listeners might take a while to build
up and numbers may be small, but if those listening are the same
high-value audience that they attract to the site, the value is far
more than just a page view.
The right person listening to an episode of a podcast done by a Podcast revenues
publisher is dedicating their attention to that brand for a signif- hit record levels of
icant amount of time. Even daily readers of a website may not
spend forty minutes a week reading articles, but will listen to an
episode for the same length of time whilst commuting, making
£700
dinner, or during their lunch break. million
Just 100 of the right people spending that time listening each in the UK in 2018
week is far more valuable than ten times that number of people
quickly flicking through an article online. This is where there’s an
opportunity to educate advertisers on the benefits of audio ad-
vertising, which in itself is still a massively untapped market.
30%
casts are created equal’.
They say that in the UK, podcasts ads are fetching around £9
CPMs (cost per thousand), while host-read ads can cost £30
CPMs. At the moment, because of the value around context and premium on
audience, analysts are seeing a 30% premium on podcasts com- podcast ads
pared to onsite pre-roll video ads64.
So how much should you charge for advertising in your podcasts?
Have conversations with your sales people and your editorial
teams, and establish what is a fair cost to reach these super-users
of your brand.
And don’t feel restricted to traditional ad formats. This is a me-
dium that rewards out-of-the-box thinking and the blurring of
traditional media lines. See what your team can come up with and
what your clients will buy into, and you’ll arrive at the best mone-
tisation option for your business.
3: Reduce dependencies
It can be easy, especially at smaller publishers, to get the pod-
cast up and running when relying on just one person for editing
and distribution. But getting a small team familiar with the tools
is worth the investment and peace of mind - we’re not talking a
whole department, but a core group of three or four people who
you can call on to get an episode out if necessary. This is key to
continuation and ensuring everything goes as planned if a key
staff member is off sick or leaves.
4: Build resilience
The point many podcasters stumble and begin podfading is on
missing an episode due to sickness or other reasons. Training
staff up will mitigate some of this risk, but sometimes things hap-
pen and episodes get missed.
Resilience will help here - put a note out if necessary, and focus
on getting the next episode ready.
5: Get feedback
Although a podcast needs time to settle, getting feedback at any
stage can help nudge the podcast towards a more successful
path.
6: Educate advertisers
Podcasting is a fast-growing format, but many people still have
misconceptions about it. If you have the resources available, con-
sider creating an info pack with some key facts about the growth
of podcasting, the opportunities for ad spend and why a dedicat-
ed podcast audience is so valuable, even though numbers may be
more modest.
7: Manage expectations
Podcasting is a marathon, not a sprint. It takes time to set habits
among listeners, which is why at least six months is needed to get
a realistic idea of the trajectory of the podcast.
Don’t expect to see massive numbers in line with article views
- podcast listeners are a much smaller but much more engaged
group.
Keep an eye on the analytics, and if they’re going in the right di-
rection, keep going!
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Credits
Author & design: Esther Kezia Thorpe