Podcast Host, Michelle Obama: How Podcasting Became A Multi-Billion Dollar Industry
“You kind of fail your way to success,” observed Matt Lieber, head of podcast operations at Spotify, at this year’s Audiocraft festival, an annual weekend of panels about podcasting. Normally held in Sydney, this year, thanks to COVID-19, the festival shifted online.
Lieber was talking about StartUp, his podcast about establishing Gimlet Media in 2014. Lieber and his business partner, Alex Blumberg, wanted to develop a podcast studio that would become “the HBO of audio”.
Last year, Gimlet hit the jackpot. It was acquired by Spotify for US$230 million (A$322 million).
While podcasts have been alive on the internet since 2004 (“But what to call it? Audioblogging? Podcasting? GuerillaMedia?” asked the Guardian), 2014’s Serial is largely credited with starting a new boom for the form.
Seria...