Spending on Australian podcast advertising grew by 72% year on year and 29% compared to Q1, 2022, data from ARN’s iHeart and Magellan AI has revealed.
Advertising spend across the True Crime category grew the most rapidly by 205% from this time last year.
Other podcast genres to exponentially grow in investment year on year are Kids & Family (up 190%), Technology (up 189%), and Arts (up 180%).
Using the latest in artificial intelligence technology, the report is based on analysing thousands of episodes from 400+ of Australia’s most popular podcasts for Q2 2022 to determine which brands are advertising in the rapidly growing medium.
The Q2, 2022 list of the top spenders across podcast advertising once again features brands from a broad range of categories including online retailers, finance and entertainment.
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