CMLSQ Cumulus Media Inc.

Cumulus Media and Signal Hill Insights Release Podcast Download – Fall 2022 Report Revealing Latest Podcast Trends

Cumulus Media and Signal Hill Insights Release Podcast Download – Fall 2022 Report Revealing Latest Podcast Trends

Few Listeners Express Issues with Objectionable Content

Driven by Podcast Newcomers, Watchable Podcasts Are Growing in Popularity

20% of Weekly Podcast Listeners with Children Say They Frequently Listen to Podcasts with Their Kids

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Cumulus Media (NASDAQ: CMLS), in partnership with Signal Hill Insights, today released , a comprehensive evaluation of the podcast audience. The ninth edition of the study that examines weekly podcast listeners is part of Cumulus Media’s commitment to share insights and research findings with the podcast community.

A key finding uncovered in the Podcast Download Report is that podcast listeners have no problem listening to podcasts with language or content that might be considered objectionable on other media.

“Our new Podcast Download Report reveals that podcast listeners are comfortable with the content they choose,” said Suzanne Grimes, EVP, Marketing for Cumulus Media and President, Westwood One. “Since listeners make a more active decision when choosing their podcasts, brand safety may be less of a concern with podcast advertising than with other forms of media.”

"Unlike push media like radio, TV or even social media, podcasting is a pull medium." said Jeff Vidler, President and Founder of Signal Hill Insights. "Podcast listeners choose from hundreds of thousands of podcasts to find the ones that speak to them directly. They know the content they’re signing up for. That means the advertiser can feel some comfort that the listener approves of that content."

The Fall 2022 edition reveals other valuable insights for content creators and advertisers. Some highlights from the report:

• The majority of weekly podcast listeners have no problem listening to podcasts with language or content that might be considered unsuitable or objectionable. Even when considering True Crime podcasts that might be graphic in nature, only a small percentage said they would turn off the podcast if they heard a disclaimer beforehand.

• Watchable podcasts have grown in popularity. Driven by Podcast Newcomers, more listeners prefer podcasts with video they can actively watch or minimize, to listen in the background.

• Podcast video is strong but not necessary for all podcasts. 43% of weekly podcast listeners still prefer audio-only podcasts. Some podcast genres, like True Crime, do better with listeners who prefer audio only.

• Weekly podcast listeners co-listen with their children. Half of weekly podcast listeners with children in their household say they have ever listened to podcasts with their children. 20% of weekly podcast listeners with children say they listen to podcasts with their children frequently.

Cumulus Media and Signal Hill Insights’ Podcast Download – Fall 2022 Report is available in full for download at .

Background

The study was executed from a nationally representative sample of weekly podcast listeners who represent 26% of the U.S. according to Edison’s Infinite Dial study. The report also examines heavy podcast listeners (those who listen 6+ hours per week) as well as when consumers started to listen to podcasts – Podcast Pioneers (4+ years ago), Podcast Newcomers (past 12 months).

Report Methodology

Cumulus Media | Westwood One, in partnership with Signal Hill Insights, commissioned a study of weekly podcast listeners with MARU/Matchbox, a nationally recognized leader in consumer research. The ninth installment in the series, this report includes questions trended back to the inaugural 2017 study. This study was fielded online using a nationally representative sample of 603 respondents who were adults aged 18 and older, spent at least one hour listening to or watching podcasts within the past week, and not employed in the advertising, public relations, marketing, market research, radio, television, digital, or podcasting industries. Surveys were conducted between September 23 – October 4, 2022.

About Signal Hill Insights

Signal Hill Insights specializes in audio research, partnering with publishers, broadcasters, and advertisers to tap new opportunities in audio. Clients include many of North America’s leading broadcasters and podcast networks.

About Cumulus Media

Cumulus Media (NASDAQ: CMLS) is an audio-first media company delivering premium content to over a quarter billion people every month — wherever and whenever they want it. Cumulus Media engages listeners with high-quality local programming through 405 owned-and-operated radio stations across 86 markets; delivers nationally-syndicated sports, news, talk, and entertainment programming from iconic brands including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and many other world-class partners across more than 9,500 affiliated stations through Westwood One, the largest audio network in America; and inspires listeners through the Cumulus Podcast Network, its rapidly growing network of original podcasts that are smart, entertaining and thought-provoking. Cumulus Media provides advertisers with personal connections, local impact and national reach through broadcast and on-demand digital, mobile, social, and voice-activated platforms, as well as integrated digital marketing services, powerful influencers, full-service audio solutions, industry-leading research and insights, and live event experiences. Cumulus Media is the only audio media company to provide marketers with local and national advertising performance guarantees. For more information visit .

Contact: Karen Glover | Cumulus Media |



EN
29/11/2022

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