Today in the business of podcasting:

PRX's 2025 annual report shows the nonprofit leaning deeper into podcasting to navigate federal public media funding cuts, with Radiotopia launching 18 seasons and specials and drawing 47.3 million downloads across the network.
A new PodSEO analysis of 11 million keyword-ranking pairs on Apple Podcasts and Spotify finds both platforms still search like record stores, over-weighting keyword-stuffed show titles and fresh episodes in a pattern that disadvantages evergreen, host-driven content.
iHeartMedia's Q1 2026 earnings show podcast revenue up 26.9% year over year to $147 million, beating the company's guidance, while digital revenue excluding podcasting grew 12% to $180 million.
Media, Built examines two recent newsletter deals, Puck acquiring Air Mail and The Ankler moving from Substack to Passport, to argue that audience ownership rather than audience size is the defining asset in newsletter monetization.

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