Friday, July 25, 2008

Money & Business

USN Current Issue

Tech Trends: Podcasting hits the mainstream

By Megan Barnett
Posted 7/5/05

The word is barely a year old, and already it seems 2005 is the year of the podcast. The marriage of portable audio players and radio broadcasting, podcasting is a kind of radio on demand [All the hits on WYOU (5/2/05)]. People can download audio files from the Internet and listen to them at their leisure from their iPods or other devices. Last week, Apple released its new version of software for the iPod, which includes a directory of podcasts available for download.

Apple CEO Steve Jobs calls podcasting "the next generation of radio." It is a simple concept, which is perhaps why it is catching on so quickly. People download audio commentary, talk radio shows, or music sets (although distributing music for free may violate copyright law). Amateur talking heads are embracing the medium, and quirky radio shows are abundant online, taking blogging from the written word to the spoken. In an April report, the Pew Internet and American Life Project estimated that 6 million people have downloaded a podcast.

Most downloads are currently free, and advertisers are just beginning to find ways to sponsor them. Even if podcasting is not yet profitable, it is finding its way into many parts of society. The opportunities are vast:

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