Podcast-ad spending

Some 9 million people will listen to a podcast this year, estimates radio research group Bridge Ratings. “If even half of that content is commercially viable, a very decent business can be built on it,” says Andy Lipset of online-radio advertising firm Ronning Lipset.

Uhum. Half of that? And what’s commercially viable anyway? Podcasts are still in the search of a business model. And without a peer to peer solution, your success will lead to immediate punishment. As your hosting provider will either charge you some bucketfuls of money for the bandwith you’re needing. Or he will cut you off.
But then. Yer good ole radio works well, because spectrum is scarce and even if you broadcast utter nonsense, you’ll never have more than a handful of competitors.
And the ad spending forecasts for podcasts are a bit humbling, too. Research company eMarketer predicts that podcast-ad spending will hit $80 million this year and $300 million by 2010. But that’s not much when compared with the $20 billion spent annually on traditional radio advertising, and some observers say even those estimates may be high.

Via Forbes.com – Who’s Paying For Podcasts?

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