U.S. markets close in 3 hours 23 minutes
  • S&P 500

    3,853.89
    -71.54 (-1.82%)
     
  • Dow 30

    31,569.60
    -392.26 (-1.23%)
     
  • Nasdaq

    13,222.55
    -375.42 (-2.76%)
     
  • Russell 2000

    2,234.90
    -49.48 (-2.17%)
     
  • Crude Oil

    63.47
    +0.25 (+0.40%)
     
  • Gold

    1,773.80
    -24.10 (-1.34%)
     
  • Silver

    27.72
    -0.21 (-0.74%)
     
  • EUR/USD

    1.2231
    +0.0063 (+0.51%)
     
  • 10-Yr Bond

    1.4600
    +0.0710 (+5.11%)
     
  • GBP/USD

    1.4061
    -0.0081 (-0.57%)
     
  • USD/JPY

    106.2630
    +0.3810 (+0.36%)
     
  • BTC-USD

    49,933.54
    +256.96 (+0.52%)
     
  • CMC Crypto 200

    999.18
    +4.52 (+0.45%)
     
  • FTSE 100

    6,651.96
    -7.01 (-0.11%)
     
  • Nikkei 225

    30,168.27
    +496.57 (+1.67%)
     

"Super Listeners" Study Reveals Heavy Podcast Listeners Say the Medium Is the Best Way to Reach Them

  • Oops!
    Something went wrong.
    Please try again later.
·8 min read
  • Oops!
    Something went wrong.
    Please try again later.

Edison Research, PodcastOne and Ad Results Media partner to uncover beliefs of the podcast industry’s best customers

According to the latest Super Listeners Study, podcast "Super Listeners," Americans 18+ who listen to five or more hours of podcasts weekly, see podcasts as the best way to reach them despite a perceived increase in ads. Edison Research, the global authority in audio research, along with Ad Results Media, an audio industry leader in branded personality-driven advertising, and PodcastOne, a subsidiary of LiveXLive (NASDAQ: LIVX), the leading podcast network, announced today the results of the second-annual study on podcasting’s "Super Listeners."

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201208005750/en/

Edison Research, Ad Results Media and PodcastOne reveal findings from the second-annual Super Listeners Study uncovering insights on podcasting’s best customers. (Graphic: Business Wire)

Advertising on a podcast is the best way for a brand to reach Super Listeners.

  • Almost half, 49 percent, of podcast Super Listeners agree that "Advertising on a podcast is the best way for a brand to reach you." This finding was up from 37 percent in 2019 - the biggest mover in the survey. Podcast Super Listeners are exposed to the most amount of podcast advertising and provide invaluable insight as to how ads are perceived in podcasts.

  • Over half, 54 percent, of Super Listeners, said that hearing an ad on a podcast (compared to other places) makes them more likely to purchase a product, up from 46 percent from last year.

Super Listeners are noticing an increase in the number of commercials and ad breaks.

  • Fifty-six percent of podcast Super Listeners believe that the number of ads in podcasts are going up, compared with 49 percent who said the same thing last year.

  • The study also found an increase in those who believe there are "too many" ads in podcasts, 38 percent of respondents felt this way, compared with 24 percent last year.

  • In addition, 41 percent of podcast Super Listeners believe that ad breaks are getting longer, compared to 35 percent last year. Self-reported ad-skipping behavior, however, did not increase substantially.

While quantity and length of ad breaks increase, the positive impact of podcast advertising continues to rise year-over-year.

Testament to the positive impact of podcast advertising is seen in the percentage increase of Super Listeners that agree with the following statements:

  • "Your opinion of a company is more positive when you hear it mentioned on one of the podcasts you regularly listen to" increased from 44 percent in 2019 to 49 percent in 2020.

  • "When price and quality are equal, you prefer to buy products from companies that advertise on or sponsor the podcasts you regularly listen to" increased from 43 percent in 2019 to 46 percent in 2020.

  • "You pay more attention to advertising on podcasts than on other forms of media" increased to from 44 percent in 2019 to 48 percent in 2020.

Host-read ads provide tremendous value.

  • Thirty-three percent of Super Listeners say they pay more attention to host-read ads than other types of ads in podcasts.

Super Listeners are consuming more podcast content than ever before.

  • In last year’s survey, Super Listeners reported consuming an average of 9.8 hours of podcasts per week, this year the average increased to 10.5 hours per week.

"We are so pleased that Ad Results Media and PodcastOne have partnered with Edison Research to continue our Super Listeners Research Series," said Tom Webster, Senior Vice President at Edison Research. "With the quantity of podcast advertising increasing, and the character of those ads changing, it is imperative to take the temperature of podcasting’s best customers regularly. Super Listeners 2020 very clearly shows that while podcasting continues to enjoy advantages as an advertising platform, listeners are noticing more ads and longer ad breaks."

For more information on this study and to explore these insights further, please visit www.edisonresearch.com/super-listeners-2020.

About Ad Results Media

ARM is a trailblazer in the audio industry, leading in branded spoken-word advertising: the most authentic, memorable and mutually beneficial format for growth. With more than 20 years of experience, ARM effectively connects audiences with brand messages, delivering richer and more meaningful ROI in the form of reach, relevance and resonance. The company, with offices in Houston, Austin and San Diego, is a leading purchaser of audio influencer ads globally and leverages its strong relationships within the industry to connect brands with the world’s most high-profile news, sports and entertainment creators. Follow their journey on social @adresultsmedia as they amplify the sound of success.

About Edison Research

Edison Research conducts survey research and provides strategic information to a broad array of clients, including Activision, AMC Theatres, Disney, Dolby Laboratories, Google, Oracle, the U.S. International Broadcasting Bureau, Pandora, Samsung, Siemens, Sony, The Gates Foundation, and Univision. Edison Research is the leading podcast research company in the world and has conducted research on the medium for NPR, Slate, ESPN, PodcastOne, WNYC Studios, and many more companies in the space. Another specialty for Edison is its work for media companies throughout the world, conducting research in North America, South America, Africa, Asia, Australia, and Europe. Edison Research is also the leading provider of consumer exit polling and has conducted face-to-face research in almost every imaginable venue. Since 2004, Edison Research has been the sole provider of Election Day data to the National Election Pool, conducting exit polls and collecting precinct vote returns to project and analyze results for every major U.S. presidential primary and general election.

About PodcastOne

PodcastOne is a leading advertiser-supported podcast company, offering a 360-degree solution for both content creators and advertisers, including content development, brand integration and distribution. Acquired by LiveXLive Media in 2020, the two entities have subsequently teamed to create a new video podcast (Vodcast) network under the LiveXLive umbrella. Amassing more than 2.8 billion downloads annually, the network produces 400+ episodes weekly across a stable of hundreds of top podcast programs, including influencer talent like Adam Carolla, Kaitlyn Bristowe, Shaquille O’Neal, Steve Austin, Erin Brockovich, Amanda Cerney & Jacqueline Fernandez, , Tip "T.I." Harris, Armando "Pitbull" Perez, Jordan Harbinger, Heather Dubrow, The LadyGang, Dr. Drew, Chael Sonnen and hundreds more. Its shows are distributed across its own platform as well as LiveXLive's owned-and-operated channels on mobile, mobile web, desktop and SmartTV's. PodcastOne is the brainchild of Radio Hall of Famer, Norm Pattiz, also the founder of Network Radio-giant, Westwood One.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing or acquisition and the timing of the closing of such proposed transactions, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of any proposed transaction will not occur; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid subscribers; the Company identifying, acquiring, securing and developing content; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2020, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2020, Quarterly Report on Form 10-Q for the quarter ended September June 30, 2020, filed with the SEC on November 16, 2020, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201208005750/en/

Contacts

LiveXLive Press Contact:
The Rose Group
Lynda@therosegrp.com
Isabela@Therosegrp.com

LiveXLive IR Contact:
310.601.2500
ir@livexlive.com

Media Contact:
Cassie McCormick
cassie.mccormick@fleishman.com
310-482-4278