The news: Podcast ads are turning passive listeners into active consumers and driving measurable outcomes for brands, per a Nielsen study. Podcast campaigns led to a 10-point boost in brand awareness; an 8-point increase in information-seeking; and a 6-point increase in recommendation and purchase intent. Our take: Podcasting’s high engagement and success for brands makes it an increasingly critical investment—but key considerations must be kept in mind. Host-read ads perform best. Brands are most likely to thrive with podcast ads when the host is an actual user of the products advertised and comes across as authentic.

The news: YouTube Music is celebrating its 10-year anniversary with a slate of new features, bringing it closer to serving as a full Spotify replacement. Our take: As music platforms evolve into social ecosystems, brand strategies should adapt from passive ad placements to active participation. Testing new ad formats in Taste Match playlists and comments could provide organic brand presence, while partnering with artists who already bridge YouTube’s properties opens access to engaged, music-first communities.

The news: Despite the shift toward programmatic advertising, a study from the Association of National Advertisers (ANA) identified a lingering issue with the trend: The growth of wasted ad spending. The amount of wasted ad spend in programmatic advertising has risen 34% in two years, up to $26.8 billion from $20 billion in June 2023. Our take: The efficiency and growing relevance of programmatic comes with brand safety trade-offs, making transparency and stronger verification a prerequisite for sustained investment.

Spotify’s Ad Exchange is reshaping podcast monetization by moving beyond one-to-one sponsorships toward scalable, automated buying. With adoption up 60% since spring and expanded DSP integrations via Google DV360, Magnite, and The Trade Desk, the platform is positioning itself to capture a larger share of the $5.5B global podcast ad market. While CPM and performance gaps remain compared with host-read ads, programmatic’s potential for reach and efficiency could push rivals to upgrade their own offerings.

This report compares our 2025 US ad spending and time spent with media forecasts. It identifies incongruities between how marketers are spending ad dollars and where consumers are spending their time.

On today’s podcast episode, we discuss how YouTube is ahead in the video streaming wars, if Netflix’s next wave of content can keep audiences’ attention, and how much these new Netflix House locations might move the needle. Join our conversation with Senior Director of Podcasts and host, Marcus Johnson, Analyst, Marisa Jones, and Vice President of Content, Paul Verna. Listen everywhere you find podcasts and watch on YouTube and Spotify.

The news: Netflix is dialing up its global ad game, with its latest UK hire signaling what’s to come next for the streaming giant. The company hired Ed Couchman, who previously served as the head of advertising sales for Spotify’s UK and Northern Europe business, to spearhead UK ad sales, per Business Insider. Couchman has served in ad sales roles at Meta, Snap, and Channel 4 in the past. Our take: Hiring Couchman is a critical step in shifting Netflix’s ad focus from the US market to reach foreign advertisers who haven’t taken advantage of its broad reach.

The news: Despite strong subscriptions growth, Spotify’s ad business remains stuck in neutral amid macroeconomic pressures and the slow ramp-up of its ad stack. The streamer’s stock dropped over 11% after Q2 earnings missed expectations on both revenues and profit and the company issued weak guidance for the current quarter. Our take: Efforts around Spotify’s Ad Exchange are promising, but lagging adoption means early testing and partnerships may have resulted in disproportionate insights. With lower consumer spending and economic uncertainties, B2B planners should model more conservative ad results and balance new ad initiatives with more predictable, proven customer-acquisition channels.

The news: Despite global cuts in ad budgets, several companies are diving head-first into their own ad offerings to diversify revenues. HP is reportedly pitching HP Media Network, an ad network highlighting laptop and desktop ads. The move includes ads on HP computers and apps, offsite ads, placements in social and email campaigns, and a free ad-supported TV service. Our take: Introducing ad offerings isn’t necessarily a lost cause—but knowing how to position new ad products is key to succeeding in a time when advertisers are increasingly hesitant to invest without measurable results.

The news: Satellite radio company SiriusXM is launching a lower cost ad-supported option in its effort to compete against streaming music giants like Spotify and Apple Music. The ad-supported plan, known as SiriusXM Play, costs under $7 per month, with an ad load around half of traditional AM/FM radio stations’. Our take: SiriusXM’s ad-supported pivot marks its most direct challenge to major digital audio streamers like Spotify in an overdue push to modernize. By introducing an ad-supported, low-cost tier, SiriusXM is entering the same conversion funnel that drives Spotify’s growth—beginning with scale and monetizing with ads.

The news: Spotify is expanding its automated podcast buying capabilities, giving advertisers the opportunity to reach podcast listeners through two automated buying channels. Spotify Ads Manager is evolving to give advertisers in several regions “direct access to premium podcast inventory,” including content from original and licensed podcasts.. Our take: The updates could enable Spotify to increase its share of ad dollars, attracting advertisers looking for more opportunities to reach engaged audiences representing key demographics. But to continue attracting spending, Spotify will need to shift some focus to drawing in more listeners to keep its podcast offerings attractive.

The news: Netflix is deepening its investment in unscripted TV as it aims to expand its user base and gain ad-supported subscribers, per The Wall Street Journal. The streamer reportedly spoke with Spotify about partnering on live events, including live concerts and music awards shows. Our take: Netflix’s unscripted push is a strategic move that will solidify it as a destination for high-quality originals and reality programming alike, where ad inventory is ripe, costs are low, and audiences come from all walks of life.

On today’s podcast episode, we discuss our ‘very specific, but highly unlikely’ predictions for 2025. What would happen if Google preemptively broke itself into smaller pieces, if online shopping flatlined, and if the audio ad space doubled in size in short order. Join Senior Director of Podcasts and host Marcus Johnson, Director of Reports Editing Rahul Chadha, and Senior Analysts Blake Droesch and Max Willens. Listen everywhere and watch on YouTube and Spotify.

The news: Podcasts are becoming a popular way for brands to reach engaged audiences, with viewership mounting and new platforms throwing their hats in the ring. Podcast viewership is thriving, reaching over 140 million US listeners in 2025, according to our forecast. Listeners will surpass 150 million by 2027. Our take: Podcasts are shaping up to become a strong contender in media consumption, with nearly 70% of US adults ages 18 to 24 listening at least one per month, per our forecast. As platforms battle to be the leading home for podcasts, advertisers need to pay attention and tailor strategies.

The news: Cannes Lions 2025 kicks off June 16, with media companies and platforms turning the festival into a proving ground for brand innovation. Spotify is merging live acts like Cardi B with audiobook tastings and celebrity panels, while Canva hosts CMO roundtables alongside design influencers. Google, Uber, and Influential are anchoring talks on TV, sports, and creator-driven engagement—with yacht-side podcasts and fundraising activations adding a new layer of purpose. Our take: This year’s Cannes isn’t about opulence—it’s about ownership. Brands that bring substance, not just spectacle, will emerge with more than headlines—they’ll leave with lasting partnerships and fresh strategic playbooks.

Canada trails just one country—the US—in average daily time spent with media. That means plenty of opportunity for media buyers to reach audiences across a range of devices and services.

Spotify is doubling down on podcast engagement: New features arrive as listenership and advertiser demand both hit record highs.

Netflix and BBC team up for new podcast: While Netflix teases video podcasts on its own platform, work needs to be done to win over audiences.

New subscription links inside the iOS app are already driving Premium spikes, showing how much Apple’s restrictions held developers back.