Spotify and Pandora duke it out for podcasting prominence
Posted in: UncategorizedMarketers go where the eyeballs are, but digital audio giants Spotify and Pandora are placing their bets less on screen time and more on ear time.
Both companies recently said they’ve marked podcasts as an area for significant growth and are investing heavily in exclusive shows and tech to lure users away from Android and iOS’ native podcasting apps and onto their respective platforms.
“One of the key attractions with podcasts is the incredible sexiness of the demographic,” says James McQuivey, VP and principal analyst at Forrester Research. “They’re the hyper-educated types that used to only be available through sources like The Atlantic or even NPR sponsorships, but now they abound in podcast land.”