As I wrote about in Hot Pod yesterday, the nearly 20-year-old tech news podcast network TWiT.tv opted to cancel two of its podcasts, Hands-On Photography and All About Android. It also announced it would be signing up with a new ad network, Libsyn’s AdvertiseCast, and leveling up its game on YouTube by posting content on YouTube Shorts.
TWiT Podcast Network CEO Lisa Laporte has been pretty candid about what led to the cuts, urging fans on Twitter to follow the shows they love and support the network’s sponsors. She expanded on some recent changes at the podcast network with Hot Pod over email, and the details seemed pretty illustrative of challenges facing the audio industry at large.
TWiT.tv hasn’t been immune to this year’s soft ad market, which has led to layoffs throughout many industries — including audio. Premium memberships have helped soften the blow, but for most businesses, they can’t replace ad revenue. Laporte told Hot Pod that advertising remains the bulk (90 percent) of the company’s annual gross revenue, while its premium membership Club TWiT accounts for just 10 percent.
Here’s a lightly edited transcript below.
Is the partnership with Libsyn in response to recent TWiT.tv show cancellations? Did TWiT.tv not have dynamic ads prior to this?
No, we were looking for a new [dynamic ads insertion] partner as we were with Megaphone for a few years, and they never had all of our audio feeds. We decided to partner with AdvertiseCast because they have a higher fill rate than Megaphone, and they can send us clients for our host-read ads portion of our business. These are very effective and what we offer here at TWiT.tv. We do not prerecord our ads, we cater to a highly qualified audience, and our longform ad reads stand out.
You tweeted that the audience "just wasn't there" for All About Android. How did the numbers for All About Android and Hands-On Photography compare to your other shows?
There is softness across all shows this year after significant growth last year. [...All About Android] has been on our network for 13 years, and the downloads diminished significantly over the last two years. I believe it’s due to Android not being as interesting as it once was, and a dwindling audience is a sign to pivot.
I'm unsure of why the Hands-On Photography audience declined. It’s a crowded space, and that may be what happened here. We have successfully launched over the last few years a number of shows, including This Week in Space, which is thriving, as well as Hands-On Windows, Hands-On Mac, Home Theater Geeks, and The Untitled Linux show, and we are currently working on another show now.