IAB Releases First Ever Podcast Playbook

by Katharine Painter

The Interactive Advertising Bureau released its first Podcast Playbook, an overview of the podcast environment for marketers filled with stats and thoughts on the future of podcasts written by a group of experts in the field.

Not surprisingly, the playbook reported that podcast listenership continues to grow exponentially, with a quarter of the US population 12+ listening to podcasts on a monthly basis. This massive growth has led to massive increases in revenue with a predicted amount of $220 million in revenue for 2017, an 85% increase over last year.

A few other key findings from in the playbook:

What does all of this mean for the future of podcasts? Look for new consumption habits as voice activated devices become more popular, more targeting capabilities for advertisements as listener numbers increase, improved reporting metrics and different advertising formats for brands to utilize.

Get the full report here.