When an email from Apple landed in Mae Mariyam Thomas’s inbox last month, it felt like an affirmation of two leaps of faith she had taken. The first leap was in 2015 when she launched the country’s first indie music podcast, Maed in India, at a time when the concept of listening to a recorded audio series on the internet had not caught popular imagination. The second was her decision to start a podcasting company last year though the medium is yet to mature in India.
Thomas’s podcast, the Apple email said, was one of the top Indian podcasts of 2018. Also, the only other podcast her new company had produced — No Sugarcoat by Pooja Dhingra — had also made it to the Apple list. “I was like, ‘Whaaat’! I felt so honoured,” says Thomas, a former radio jockey who relocated to Mumbai after studying and working in the UK. More podcasts are now in the works, she told ET Magazine.
The year 2015 was also when the Indian market came to the notice of Audioboom, a UK-headquartered company that hosts, distributes and helps monetise podcasts.
While doing the podcast for the ICC during the Cricket World Cup, the company noticed a jump in listenership from India though it wasn’t even present there. “We realised there was a lot of potential,” says Audioboom’s India head Aman Goklani.
Since opening its India office in 2016, the company has worked with more than 70 Indian podcasters and its average monthly listens (the metric used in podcasting, like views in videos) have jumped to 15 lakh from under two lakh in 2016.
In the last six months, Audioboom has also helped several news organisations launch their podcasts. And advertisements, too, have begun trickling in.
“In a country like India, the potential for spoken audio content is huge. Things are not going to change overnight but it is headed in the right direction,” says Goklani, who believes there are strong undercurrents that will make the medium mainstream in five to 10 years.
Taking It Slow
Talking about the growth of podcasting in India is tricky. For some, the pace has been as frustrating as watching paint dry.
“The adoption rate of podcasts in India is much lower than it should be. The people with the muscle to educate users are not doing it,” says Chhavi Sachdev, an independent producer who has been making podcasts since 2008 and now conducts podcasting workshops.
The slow growth in India is in stark contrast to the US, where podcasting was a $314 million industry in 2017, or China, where the market size is an estimated $7 billion, thanks to subscription-driven revenue and preference for premium educational content.
In India, the advertising industry is yet to take much notice. “Podcasts will take off when brands see their business increase because of investing in the media. Some will experiment with it, just like a few brands did with social media in the initial days,” says Prashanth Challapalli, COO of Leo Burnett Orchard.
In India, the content in general also feels uneven, says Sachdev. “Producers and creators lose momentum and direction because the industry is growing so slowly,” she says, leading to a vicious cycle and a phenomenon called ‘podfade’ when, as the name suggests, a podcast fades out.
At the same time, anecdotal evidence suggests a growing interest in the medium among the urban Indian millennial familiar with US pop culture. And people are not just talking about what their favourite podcasts are but also about launching their own. As a Twitter user remarked that people are talking about launching podcasts in the same vein they once used to talk about blogging.
Source: https://economictimes.indiatimes.com/magazines/panache/podcasting-growth-is-slowly-picking-up-in-india/articleshow/67398243.cms
Read more about: Hindi Podcasting
Thomas’s podcast, the Apple email said, was one of the top Indian podcasts of 2018. Also, the only other podcast her new company had produced — No Sugarcoat by Pooja Dhingra — had also made it to the Apple list. “I was like, ‘Whaaat’! I felt so honoured,” says Thomas, a former radio jockey who relocated to Mumbai after studying and working in the UK. More podcasts are now in the works, she told ET Magazine.
The year 2015 was also when the Indian market came to the notice of Audioboom, a UK-headquartered company that hosts, distributes and helps monetise podcasts.
While doing the podcast for the ICC during the Cricket World Cup, the company noticed a jump in listenership from India though it wasn’t even present there. “We realised there was a lot of potential,” says Audioboom’s India head Aman Goklani.
Since opening its India office in 2016, the company has worked with more than 70 Indian podcasters and its average monthly listens (the metric used in podcasting, like views in videos) have jumped to 15 lakh from under two lakh in 2016.
In the last six months, Audioboom has also helped several news organisations launch their podcasts. And advertisements, too, have begun trickling in.
“In a country like India, the potential for spoken audio content is huge. Things are not going to change overnight but it is headed in the right direction,” says Goklani, who believes there are strong undercurrents that will make the medium mainstream in five to 10 years.
Taking It Slow
Talking about the growth of podcasting in India is tricky. For some, the pace has been as frustrating as watching paint dry.
“The adoption rate of podcasts in India is much lower than it should be. The people with the muscle to educate users are not doing it,” says Chhavi Sachdev, an independent producer who has been making podcasts since 2008 and now conducts podcasting workshops.
The slow growth in India is in stark contrast to the US, where podcasting was a $314 million industry in 2017, or China, where the market size is an estimated $7 billion, thanks to subscription-driven revenue and preference for premium educational content.
In India, the advertising industry is yet to take much notice. “Podcasts will take off when brands see their business increase because of investing in the media. Some will experiment with it, just like a few brands did with social media in the initial days,” says Prashanth Challapalli, COO of Leo Burnett Orchard.
In India, the content in general also feels uneven, says Sachdev. “Producers and creators lose momentum and direction because the industry is growing so slowly,” she says, leading to a vicious cycle and a phenomenon called ‘podfade’ when, as the name suggests, a podcast fades out.
At the same time, anecdotal evidence suggests a growing interest in the medium among the urban Indian millennial familiar with US pop culture. And people are not just talking about what their favourite podcasts are but also about launching their own. As a Twitter user remarked that people are talking about launching podcasts in the same vein they once used to talk about blogging.
Source: https://economictimes.indiatimes.com/magazines/panache/podcasting-growth-is-slowly-picking-up-in-india/articleshow/67398243.cms
Read more about: Hindi Podcasting