Search
Logo
Log In
Subscribe To Premium
Home
Latest
Newsletters
Podcast
Water Cooler
Perspectives
chart-line-up
Get our free daily news briefing for Canadians
Logo

What’s up with all these nine-figure podcast deals?

Aug 28, 2024

What’s up with all these nine-figure podcast deals?

NFL star Travis Kelce and his now-retired brother Jason have signed a three-year deal to bring their hit football podcast New Heights to Amazon. 

Driving the news: New Heights may have only exploded after Travis Kelce started dating Taylor Swift, but it’s the latest in a string of celebrity-hosted podcasts to secure nine-figure deals so far this year, including SmartLess, Call Her Daddy, and The Joe Rogan Experience. 

  • SiriusXM shelled out US$100 million and $125 million for the rights to SmartLess and Call Her Daddy, respectively, while Joe Rogan re-upped with Spotify for $250 million. 

Why it’s happening: After years of pouring money into podcasting without turning much of a profit, production companies are looking for more assurances with newer deals. Few shows offer a safer bet than celebrity pods, which come with loyal audiences and big sponsors. 

  • The industry is becoming increasingly top-heavy. Even with almost 450,000 active shows, the top 25 podcasts account for nearly half of the weekly listeners in the U.S.

Why it matters: Podcasting is as much about the star power of the host — including video content, live events, and tours — as the show itself. The Kelce brothers’ Amazon deal includes the rights to sell merch and host events, similar to moves by SmartLess and Call Her Daddy.—LA

Print media isn’t dead

Print media isn’t dead

Inside the exciting world of independent Canadian magazines.

Could Canada join the EU?

Could Canada join the EU?

It isn't likely, but it's also not impossible.

Canada’s biking industry is navigating rocky terrain

Canada’s biking industry is navigating rocky terrain

What’s ailing the Canadian biking industry?

Get the newsletter 160,000+ Canadians start their day with.

“Quickly became the only newsletter I open every morning. I like that I know what’s going on, but don’t feel terrible after I finish reading.” -Amy, reader since 2022

Peak Money

Search

PR Pitches

Login

Sign Up