Categories: Articles

The Thing About Serial And The Golden Age Of Podcasting

**”Did you catch the season finale of Serial?”**
If you’re into podcasting (like I am), there is not a finer opening liner than the one above. Podcasting has arrived! (as some in the mass media are now proclaiming). Others (like me) could have told you that podcasting has been *”arriving”* for close to ten years. This week, people will be walking around with that same face of sadness and disillusionment that they have when it’s the season finale of [Sons of Anarchy](http://en.wikipedia.org/wiki/Sons_of_Anarchy “Sons of Anarchy”). We have come to the end of the first season for [Serial](http://serialpodcast.org/ “Serial”). Serial is an audio podcast series produced by the same people that bring us [This American Life](http://www.thisamericanlife.org/ “This American Life”). While the podcast season was only nine episodes, it became a massive sensation. Depending on who you ask, the data looks something like this: over five million downloads/streams, with about 1.5 million listeners per episode. To put that into perspective, [HBO](http://www.hbo.com/ “HBO”)’s crazy popular new show, [Last Week Tonight](http://www.hbo.com/last-week-tonight-with-john-oliver “Last Week Tonight”) with [John Oliver](https://twitter.com/iamjohnoliver “John Oliver”) (which I love!) captured [796,000 viewers for it’s season finale](http://deadline.com/2014/11/john-olivers-last-week-tonight-ratings-796000-viewers-in-first-season-finale-premiere-1201280776/). The difference, of course, is that it cost the producers of Serial absolutely nothing for their distribution (let alone the marketing costs).
**Don’t think that those numbers mean nothing.**
Mass media pundits will still look at these numbers with an air of disillusionment. Like they are still not significant when compared to the opening weekend of a big Hollywood blockbuster or what a brand can expect when advertising on network television during prime time, but the world is changing. Quickly. TV is not just about prime time. Hollywood is not just about big opening weekends. We now have specialty television and cable television. We now have [Netflix](hotp://www.netflix.com “Netflix”)… and all of their competitors. It’s a new day, and the consumer has many more choices. This fragmentation and movement towards niche segments is not letting up. In fact, take one look at what’s happening on [YouTube](http://www.youtube.com “YouTube”), and it becomes painfully plain to see: even the most obscure of niches can now pull a significant audience. It’s not uncommon to see a YouTube celebrity with a loyal subscriber base of over five million fans. Yes, we’re seeing a mass audience in these strange niches.
**Serial is not the anomaly.**
If anything, Serial is simply a strong poster child for media’s changing landscape. It’s true, people like [Adam Carolla](http://adamcarolla.com/ “Adam Carolla”) and [Joe Rogan](http://joerogan.net/podcasts/ “Joe Rogan”) have been pulling in some pretty impressive audience numbers – for some time – with their respective podcasts, but it’s also well-known that even the biggest podcasting celebrities aren’t making big coin from making their shows. The money – for most creative talent in podcasting – is in using the platform to sell the listener something else (a live event, a t-shirt, a book, whatever). This is where those serious media pundits cringe. They want to see real advertising revenue – and talent being paid – because there is so much money being made on this massive/captive audience.
**It’s coming. It’s starting. It’s happening.**
There are two reasons why podcasting is starting to take off. I refer to this at *”The Two ‘T’s of Podcasting”*:
**’T’ number one:** Technology. The technology to find, subscribe and download to a podcast has finally arrived. Podcasts used to be a buried link – somewhere – on iTunes. Unless you knew what you were looking for (and what a ‘podcast’ was), it was not easy to find. Even if you could find them, subscribing, plugging in your iPod, synching your device, etc… was cumbersome and easy to ignore. For years, podcasting really was for the hardcore users (like [ham radio](http://en.wikipedia.org/wiki/Amateur_radio)). [Apple](http://www.apple.com “Apple”) now has a stand-alone app for podcasts and platforms like [Stitcher](http://www.stitcher.com/ “Stitcher”) and [SoundCloud](https://soundcloud.com “SoundCloud”) are familiarizing an audience with the power of this audio format. Smartphones and the cloud are also pushing this through to a much broader audience, because the experience is that much more seamless. As technology gets easier to use, so too goes podcasting.
**’T’ number two:** Talent. As the medium gets more mature, we’re seeing an influx of two types of talent. One, the people who have been experimenting with the podcasting format for some time have moved from being real indie players to getting very comfortable and clever behind the microphone. They’re getting better at editing, building compelling audio and more. Two, serious talent from radio, television and the movie industry are stopping to sneer at podcasting as a negligible format and starting to realize what the potential truly is. Talent drives media. Nothing new to that, but we’re now seeing the “serious” talent starting to take podcasting seriously.
**Maybe it is the Golden Age of Podcasting.**
It’s hard to know if this is the moment. It’s hard to know if the moment has already past. It’s hard to know if it’s still just around the corner. History will tell. But, here’s what I do know – as someone who has been podcasting every single week for over eight and a half years: let’s not allow podcasting to become too much like radio. We already have radio. The promise (and opportunity) of podcasting is our ability to use this format to experiment with audio content in a new (and different) way. My podcast, [Six Pixels of Separation](http://sixpixels.com/podcast/ “Six Pixels of Separation”) is a hour-long conversation with a leader in business. No commercial breaks. An hour. Pow. It’s a commitment. A serious one. Especially, if you’re going to listen to it every week. I do shows this long, because that’s how long the natural course of the conversation goes. I’m hoping that this type of audio is not the type of content that you can get anywhere else. I’m also hopeful that other podcasters approach their shows with a similar ethos. Then, at some point in the future, we can look back and marvel at just how exciting and interesting the format is, instead of wondering if we’re in the golden era or not.
**What do you think?**

Mitch Joel

Mitch Joel lives at the intersection of technology, business transformation and consumer culture. He is the Executive Director of Next Era Institute, a strategic intelligence platform helping leaders understand the forces reshaping business, technology, culture and society. The Institute identifies which shifts matter, explores their wider significance and translates them into strategic direction and momentum. Mitch is also a globally recognized keynote speaker. He has delivered thousands of presentations across both B2B and B2C industries to organizations including Google, Walmart, LEGO, Shopify, Microsoft, Procter & Gamble and Unilever. Strategy Magazine has called him “one of North America’s leading visionaries.” Mitch built his career by working directly inside the waves of change that reshaped modern business. He founded and built a digital marketing agency that worked with some of the world’s largest brands and was later acquired by WPP, where he served as President of a firm operating in 25 countries with almost 3,000 employees. Mitch is the bestselling author of Six Pixels of Separation and CTRL ALT Delete, and the host of Thinking With Mitch Joel, one of the longest-running business podcasts in the world. His writing and commentary appear in outlets including Harvard Business Review, Fast Company and Inc. Magazine. He is a member of Dr. Marshall Goldsmith’s 100 Coaches and was named to the Thinkers50 Radar. Mitch also hosts Groove – The No Treble Podcast, documenting the oral history of electric bass players. Mitch is also Co-Founder of ThinkersOne, a platform that enables companies to bring personalized thought leadership from world-class experts into meetings, events and off-sites in focused 15-minute bursts.

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