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Time to pay for podcasts
Are you ready to pay for podcasts? Audible hopes so, and they're moving into the pay-per-podcast world through a partnership with Ricky Gervais, creator (and star) of the BBC's original version of "The Office." Gervais produced 12 episodes of "The Ricky Gervais Show" podcast for UK newspaper The Guardian, which offered them as a free download. The show proved so popular, though, that it was recently snatched up by Audible, which plans to charge for the show's second season that begins on February 28.
Since podcasts are almost universally available free of charge, no one is quite sure how much they might be worth. Audible is guessing that people will pony up US$1.95 to hear Gervais' popular show, which is a half-hour of conversation between Gervais, his co-writer Stephen Merchant, and a dim-witted sidekick with a round head called Karl Pilkington. A subscription plan for the entire season will cost US$6.95 and will include at least four shows. The podcast has done quite well at iTunes, currently placing in the number four spot, and Audible has no plans to pull the show from Apple's music store—they're just going to raise the price. Consumers have generally been trained to believe that podcast content is cheap, so Audible is taking a bit of a risk with this strategy. As David Joseph, an Audible VP, puts it, "There will be a little bit of controversy because everybody wants something for free."
If the format change is successful, expect to see other popular podcasts attempt to monetize their shows once they become popular. One barrier to making money may be the popular RSS format, which is not currently designed to support authentication. This may make it harder for users to easily subscribe to and automatically download paid podcasts. Subscription information could be included in the URL, though for security reasons this would probably require the use of HTTP authentication and SSL, a move that would require updates to both the client software and the websites that host the content. For now, the simplest scheme is probably to partner with a third party like Audible, which handles all billing, subscription, and authentication issues.
The move is the latest indication that podcasts are going mainstream, though it does not mark the death of free shows. Many of these podcasts are created by amateurs as a labor of love and would have difficulty attracting a paying audience, while others remain free of charge by accepting advertisements or partnering with a firm that underwrites their expenses (as The Guardian originally did for Gervais). Clearly, podcasts are popular: Apple announced that it had collected more than one million podcast subscriptions in only two days once it began offering a podcast service last year as a part of iTunes, and everyone from NPR to the Lush Bimbo has gotten into the act. Why, even esteemed journal Nature offers podcasts now.
Podcasts are clearly more than a flash in the pan. Whether they are also destined to be money makers remains to be seen, but shows like Gervais' are a good place to begin the experiment.
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i dont think i would pay for a podcast, especially this one. sure its a hilarious podcast, but if im paying for it i expect a little more than three guys sitting around a table talking about things that dont concern anyone.