Podcasts Define Web 2.0 Music – billions of downloads each year

The figures are in and the results are inspiring. Old media, large (Murdoch) and small (regional newspapers), are moaning that the web is ruining their business. Radio stations, meanwhile, blow large trumpets about 1% gains in audience share.

Wizard Media podcast digital downloadsThe reality is that the public have been given real choices by Web 2.0 and are moving on from old media. Two quick examples:

  • Wizard Media announce digital downloads increase in one quarter from 241m to 350m
  • Trance Around The World podcast has 21 million listeners per week

Wizard were very happy with a 45% increase in downloads but also announced a very solid 41% increase in audience (5.3 million). Meanwhile, advertising impressions served by Wizard grew from 3.9 million in the second quarter of 2008 to 13.7 million in the second quarter of 2009, an increase of 251%.

Trance Around The World is the podcast from Above & Beyond, a weekly mix available through iTunes or from their own website. Their podcast sits alongside others by Armin van Buuren, Tiesto, Paul van Dyk, Paul Okenfold and hundreds other national and international trance stars.

Therefore TATW is successful in a very competitive market, while 21 million listeners would be an extraordinary achievement for most radio stations. TATW is enabled by the most significant brand of the decade – Apple. Lest you object, look at a few examples of the activity around Steve Jobs:

  • Apple iPod podcast digital downloadsApple is 45 times more profitable than Dell
  • iTunes sells more music than Walmart
  • iPhone and iPod features and quality have revolutionised mobile technology
  • Pixar is the most succesful and profitable studio of the past decade
  • Apple is 6 times more popular as a social brand than Microsoft

While Web 2.0 provided a wonderful potential, it is companies like Apple and YouTube who have defined and raised the standards so much higher than anyone else. And the biggest winners are the public – the music listeners and video viewers – who can choose exactly what they wish to download or stream. Further, the public can now enjoy what they want without the interference of the taste bias or old-media commercial ‘necessities’ of a production or advertising team.

Advertisements

About afterthenovel
musician, then journalist, editor, publisher; now web-master and blogger PLUS aspiring author :)

One Response to Podcasts Define Web 2.0 Music – billions of downloads each year

  1. Pingback: Tweets that mention Podcasts Define Web 2.0 Music – billions of downloads each year « Top 10 Trends -- Topsy.com

%d bloggers like this: