Convopage
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jason
@Jason
1/best model for podcasting would be to build an
@HBO
/
@netflix
where you pay $10 a month for 200 exclusive podcasts. Would hit 5m members
76 replies and sub-replies as of Mar 27 2017
jason
@Jason
2/in order to do this you would need to spend $250m a year on content at scale & $50m in year one. It is outside typical VC scale
jason
@Jason
3/if you went to top 400 podcasters & said "we are HBO of podcasting & will pay 2x your ad revenue to not read ads" 1/3rd+ would say "yes!"
jason
@Jason
4/you would need a very visionary VC/PE firm willing to fund $100m for a startup on day one. There are 2-3 funds out there who might.
CdnBusiness
@mikethecdn
I would absolutely pay for this as a consumer.
Andrew Millspaugh
@armillspaugh
Why do you need such a huge capital commitment? Seems like a content creator friendly contract is all you need.
Bryan Fields
@BryanFields24
I listen to podcasts everyday and I don't think I would pay the 10$ a month for them. I would prob just move back to books or find free
Bryan Fields
@BryanFields24
I understand your reasoning find some of the ads on the podcasts interest/relevance to me doesn't make them as bad Cc:
@Buddyloveless
Ronan Fuller
@ronan_fuller
i agree. Doesn't seen viable with such a large amount of quality, free podcasts available
Raja Rao DV
@rajaraodv
disagree totally. Only way for podcast to make money is by having radio/XM channel or a youtube channel
Podcast Spotlight
@PodSpotlight
interested in discussing at LAUNCH next month. deep in this world for a while.
Aaron Gopp
@aaron_gopp
It's the dif between
@YouTube
and
@HBO
. Anyone can post to
@YouTube
but I'll pay for
@HBO
so I don't have to wade through the junk.
Curtis Shipman
@curtisshipman
As an extremely successful podcaster, what would it take to convince you to scrap your model Knowing your audience growth will slow?
Naveen Mishra
@urstrulymishra
isn't that basically
$AAPL
at this point? Not easy competing with platform provider
Ravi Vyas 📻
@ravivyas84
unless the current creators stop publishing their own podcast, no product will succeed as the content will be available elsewhere
Cameron Mills
@_CameronMills
cc
@breakeraudio
Jay Sanchez
@SanchizeUnfltrd
I'd want to 1) invest in this and 2) would pay $10 for vetted podcasts of various types aggregated and itemized et al w/no ads
Djames
@Jamesthesnake
do you think a legacy company could do this? They have the funds
Kevin Siskar
@TheSiskar
“Inside Podcasts” ?
Cary
@caryhartline
A lot of podcasters have a fear of lock-in and have avoided services like
@Stitcher
.
Austin Cassidy
@AFCassidy
Agree! Interesting move for
@Microsoft
, splash massive cash & make podcasts Groove Originals. Backdoor path to eat Spotify's lunch.
Ron Valderrama
@StreamNowCEO
TWIST ads are actually part of the value. I use several of your sponsors as a result of TWIST. Most directly relate to founders.
Adam Straubel
@adamstraubel
Sometimes the ads are the best part of the podcast.
@billburr
ZIP........................................ RECRUITAH! Also, MeUndies!
Chris Overcash
@covercash
think an existing podcast network, like say a
@Gimletmedia
w/ existing A+ content, could pivot to that model?
Mike Simmons
@simmons_m
targeted curation, many people would and currently do pay for this.
Henry Yates
@HPY
I'll be your first subscriber as long as you have tech/business, sports analysis and history. Sign
@thehistoryguy
David Harvey
@davidharvey
Apple could do this easily through iTunes. Risk for new venture - it works, Apple sees it works, big foots startup.
Paul Fidalgo
@PaulFidalgo
hire me on, sir. I’m ready. and I can form sentences usually.
Gregg
@gochaita
kinda like what
@Gimletmedia
is building?
Aarti Shahani
@aarti411
interesting. let's talk about it! DM me to connect...
Glich
@Glich
would need a few
@HowardStern
level people to pull that off.
Keith Rabois
@rabois
check out db60
jason
@Jason
2.0 -- it's an ok start.
David Heimann
@david_heimann
I think that's what
@sferik
and
@leahculver
are trying to do with breaker as well, $6 / month
Kevin Swint
@kswint
I would definitely pay for ad free podcasts
LonelyBob
@LonelyBob
#Stitcher
is doing this $6 per Month.
@earwolf
's
@howlfm
app is 🌅 their library of comedy Podcasts now on $ stitcher
LonelyBob
@LonelyBob
shows on Stitcher Premium are adfree
Michael J. Miraflor
@michaelmiraflor
that's assuming there are 200 podcasts that are HBO or Netflix-level quality. the top podcasts are making good $ off ad revenue.
smoovebcoffee
@smoovebcoffee
You going to talk Gimlet into it?
Meb Faber
@MebFaber
really, really need ability to rate individual shows. lots of great podcasts with 100s of episodes, nowhere to start
Andrew Ullman
@AndrewMUllman
truth
anthony brown
@anthonybrown
Yes! A way to surface the best shows. Why does
@Apple
hate podcasts!?
Ron Valderrama
@StreamNowCEO
hardest problem is that they are free. It seems like podcasts are exploding but seems too early to get paying subs
Oscar D Torson
@odtorson
I think $10/mth for podcasts is too high; $2-5 max--this should also be much more than they get on ads, no?
MP
@exarkunaguero
depends on the show. $5 split among 66 of the top 200 podcasters is only 8 cents per month per subscriber. Would be a paycut for some.
Jon Mittelhauser
@JonMitt
If a single network gets big enough they can try this at a lower amount. The Ringer is the obvious candidate. $2/Mo for add free.
My name is Jonas
@jonaslamis
I’m already paying that for just
@HardcoreHistory
. I’m in.
Quintin Schevernels
@Quintin24
Believe it or not but I was thinking about this earlier today, might give it a go 👊🏻
James Cox
@lvwebguy
Sign me up
@Jason
Matthew Smith
@matthewsmithUS
I pay $9/month for Netflix. Something like this would have to be at a lower price point.
Chris Wickersham
@will592
1/I'd hope part of this would include exposure for fledgling podcasts that haven't been noticed yet.
@Jason
@leolaporte
Chris Wickersham
@will592
2/ My podcast had ~500 listeners until we joined the
@GeekDads
podcast network and in a month we've eclipsed 2000.
@Jason
@leolaporte
Jamie Greene
@theroarbots
Hey, what do you use to track downloads/listeners?
Chris Wickersham
@will592
we get pretty detailed statistics from
@libsyn
, we infer listeners from how many downloads we get of each episode
Chris Wickersham
@will592
3/ Exposure is everything but it's too expensive until manage to get networked with someone big
@entertainedcast
@Jason
@leolaporte
Steven Zheng
@MStevenZheng
Um... isn't radio/SiriusXM basically the Netflix for podcast
Listen Notes
@ListenNotes
Some Chinese audio apps are doing subscription model for exclusive contents. E.g.,
igetget.com
&
ximalaya.com
Grant Goodstein
@grantgoodstein
Why not a podcast app that is able to dynamically insert targeted ads with way better metrics instead?
Dan Benjamin 🤠
@danbenjamin
Because nobody listens to those.
Grant Goodstein
@grantgoodstein
Ads in general or dynamic ads?
Dan Benjamin 🤠
@danbenjamin
Ads have let me run a successful podcast company full time (with employees) since 2008. Inserted ads do not work.
Midroll
@Midroll
cough, Stitcher Premium, cough
Serialized.com
@serializedcom
I would say take the 200 shows take away the feed and deliver content in a more evergreen way. Image the number of listens of DHH_1
Ikbel Hammami
@IMHammami
a new podcast instead what exist such as iTunes ?
Tomguruken36
@Tomguruken36
I agree, but what are larger podcasting networks doing wrong? Is it just the business model?
Adam Straubel
@adamstraubel
Essentially audible's "channels". Small demand. Hard to convince creators to get behind a pay wall.
bill irwin 😅
@blirwin
you can go ahead and sign up for it here:
stitcher.com/premium
Jeremy
@jwac06
This is a great idea! Need Ferriss, Leo, Altucher, Dubner, Rogan, Harris & Planet Money & you'd really have something
Evan Adams
@evan_adams
I would pay $10 mo for Twist twit avexcel recode and npr. Sold.
Kelcey Lehrich
@kelceylehrich
um.
@Gimletmedia
Caitlin
@Caitlin_V3
as a podcast addict, I’d 100% pay that for ad free. So tired of hearing ads for Squarespace, Mailchimp, Blue Apron etc
Ed Rodriguez
@EdRodPOV
I think all content producers deserve to get paid, but ... TiVo for podcasts? Someone will do it.
Ed Rodriguez
@EdRodPOV
2) TiVo meaning automated Ad bypass, so drivers won't mess with phones
Stock Viking
@StockViking
People pay for podcasts?? That's news to me. I certainly wouldn't. I'd rather find equivalent content on YouTube.
Patrick Lyver
@patricklyver
I would kick in for this. The delivery would have to be better than the Apple podcast app - more immersive maybe?
Zack Brenner
@zackbrenner
Television has a much higher cost and barrier to entry. There is none for podcasting, therefore, harder to charge.
Joshua Luft
@JoshuaJLuft
think he means if you took top 100 most popular podcasts and put them behind a pay wall. Would you subscribe?