Half the podcasts in my queue have suddenly become paid subscriptions. Meanwhile the overall industry is losing listeners. Seems like a lousy business model to not offer a free with ads feed. What a bizarre trend.

https://www.deseret.com/entertainment/2023/2/9/23592684/decline-of-podcasts#:~:text=Monthly listenership to podcasts seems,podcasts has fallen as well.

https://www.marketingbrew.com/stories/2022/03/28/monthly-podcast-listening-is-down-for-the-first-time-in-almost-a-decade-according-to-study

  • magic_lobster_party@kbin.social
    211·
    1 year ago

    As soon someone mentions cryptocurrency, I know their suggestion of solution can be disregarded. The problem is rarely the medium of payment.

    • bearded_zero@lemmy.worldEnglish
      12·
      1 year ago

      Yeah the damn crypto bros destroyed any credibility that Bitcoin has, but I did say this is one the few good uses for Bitcoin I use.
      I’m not saying this is for everyone, but it can be helpful to help sustain podcasting on its fans. Honestly look at how much Twitch takes from streams for bits, subs, and transaction fees kill the streamers revenue. Here is a YouTube video that express how much goes into everyone’s else’s pocket when you sub on Twitch.

      https://youtu.be/WIjlDLkrTjE?si=AM9_Lh3GfEkMQdO3

      Using podcasting 2.0 features Jupiter Broadcasting has been able to completely cover production cost for its podcasts with funding provided from fans of the show alone. And that’s the important part. Helping podcast people love alive.