Speaker:
If the majority of the world isn't talking about one single must-listen
Speaker:
podcast, this industry is dead.
Speaker:
Right?
Speaker:
Wrong.
Speaker:
So very, very wrong.
Speaker:
Here's why this mythical success factor needs to die.
Speaker:
Hello, and welcome to another Podcast Pontifications with me, Evo Terra.
Speaker:
Every time there's these negative article about podcasting's inability to generate
Speaker:
blockbuster hits, I get a little stabby because here's the secret, you don't need
Speaker:
to create a blockbuster podcast because podcasting does not need blockbuster hits.
Speaker:
Now, I know that seems at odd with other forms of media.
Speaker:
I mean, three or four times a year, there's a blockbuster movie that almost
Speaker:
everyone is talking about, and every fall there's a TV program or two that captures
Speaker:
the entirety of the world it seems.
Speaker:
There are hit songs that dominate the airwaves for weeks or months,
Speaker:
and there are best-selling books that everyone you know is reading.
Speaker:
But in podcasting, eh, not so much.
Speaker:
Not since the 2014, 2015 era by some yard sticks.
Speaker:
Back to my secret - so what?
Speaker:
You're probably expecting me to come break down all the reasons why podcasting is
Speaker:
different from those mediums, like our purposely distributed architecture that
Speaker:
we built podcasting on 20 years ago.
Speaker:
Or the relatively low barrier to entry, both creating and
Speaker:
distribution, podcasting affords.
Speaker:
Or the fact that it's a podcast tells a potential listener absolutely nothing
Speaker:
about the actual content of that audio.
Speaker:
And yeah, all of those things are true and certainly contribute to
Speaker:
why podcasting doesn't really have blockbuster hits the way that other
Speaker:
media forms have blockbuster hits, but I return to my secret another time.
Speaker:
So what?
Speaker:
Podcasting doesn't need blockbuster hits to survive.
Speaker:
Podcast creators, those in it for the long haul at least, don't
Speaker:
need blockbuster hits to survive.
Speaker:
Do we need popular shows that attract and retain a large audience?
Speaker:
Yeah, the industry certainly needs that.
Speaker:
And many shows, especially those with high production costs, they also need that.
Speaker:
But an audience described as "large and retained" need not mean everyone.
Speaker:
Having a large and retained audience of several orders of magnitude lower than
Speaker:
everyone can still make the efforts pay off for all of a podcast's creators.
Speaker:
And that's what matters for many podcasters.
Speaker:
It's what matters for many podcast networks.
Speaker:
It's what matters for many podcast service providers who build the
Speaker:
tools and services necessary to power podcasting as an industry.
Speaker:
My advice?
Speaker:
Get out of podcasting if you wanna make a blockbuster hit, but stay in podcasting
Speaker:
if you wanna build a show or a service that can only work in podcasting.
Speaker:
And with that, I shall be back next week with yet another Podcast Pontifications.
Speaker:
Cheers!
Speaker:
Podcast Pontifications is written and narrated by Evo Terra.
Speaker:
He's on a mission to make podcasting better.
Speaker:
Links to everything mentioned in today's episode are in the notes
Speaker:
section of your podcast listening app.
Speaker:
A written-to-be-read article based on today's episode is available at
Speaker:
podcastpontifications.com where you'll also find a video version and a corrected
Speaker:
transcript, both created by Allie Press.
Speaker:
Podcast Pontifications is a production of Simpler Media.