Targeted podcasts that focus on specific niche audiences appeal to advertisers, and the Podfather himself will launch an ad network to bring marketers together with podcasters.
His concept drew nearly $10 million from the two biggest names in Silicon Valley venture capitalism: Sequoia Capital and Kleiner Perkins Caufield & Byers. The development of podcast advertising could be worth as much as $2 billion in three to five years, the report said.
Podcasting has grown from grass roots toddler to mainstream adolescent, and now appears ready to put on a suit, step into the corner office, and light up a victory cigar. Business Week noted Danny Sullivan's Daily SearchCast at Search Engine Watch and SEO Rockstars as a couple of podcasts dedicated to the search engine audience.
Some advertisers have even begun to podcast themselves. In another
Pet food maker Purina, publisher Simon & Schuster, and Virgin Airlines have joined the podcasting realm. In Purina's case, it switched from running a call-in radio show featuring veterinarians to a podcast.
"Issue-oriented marketing will have a lot more success," respected analyst Charlene Li of Forrester Research said in the story. "I don't know if I want to listen on a regular basis to what a company has to say about its products."
David Utter is a staff writer for Murdok covering technology and business. Email him
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Curry Starting Podcast Ad Network
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