Friday, September 28, 2007

Podcasting is Growing Up

I would like to clarify my statements from my last post in this blog about why I think the closing of Yahoo's podcast directory is a sign of a maturing podcasting industry.

I do believe that it is an industry segment that is growing in importance as more major and indie content companies join with content RSS feeds. We are seeing the formation of industry associations (ADM) and a recent round of podcast related company closures and sales. These are clear signs that an industry is maturing and consolidating. The industry is moving beyond the initial burst of enthusiasm around podcasting. Podcasting is is still the fastest growing new medium that needs to evolve into a legitimate media delivery platform. I believe that like digital media streaming that also started with huge enthusiasm back in the late 90's, the podcasting industry hype dust is settling and I believe we are seeing this now. The weaker players always get weeded out during the beginning of the maturity phase. The truth is that Yahoo did a poor job with their directory and failed to keep improving and adapting to the needs of podcast listeners. I am glad that Yahoo decided to shut it down as it was not helping listeners or podcasters. The one bad part about Yahoo closing is the perception that podcasting as a concept is in decline, which is just not the case.

I do also believe that podcast discovery and simple one-click subscription processes is the biggest problem and opportunity for the podcast industry, iTunes has been a great start but it can be done so much better with personalization technology. I am very excited to be working with the growth of RSS based digital media syndication, as I think it will be the base for all of our personal media playlist so in all of our media players in the future.

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