Today in the business of podcasting:

• The podcast industry is in another M&A cycle, but today's buyers look different from those who drove acquisitions in the pre-pandemic era. Rather than investing in podcasting infrastructure, companies like OpenAI, The Chernin Group, and Fox Entertainment are acquiring shows that have proven they can leverage their audiences — reflecting the medium's shift from speculative asset to established media property.
• Oxford Road's ORBIT data shows 80% of the top 15 performing podcasts for advertisers in March 2026 were independent shows, not network titles. Ben Robins argues that publishers and platforms best positioned for podcasting's next phase will be those who invest in polished content without sacrificing the niche specificity that makes podcasting work for advertisers.
• A podcast company called Light Knot Studios was found publishing AI-generated audio that cloned the names, artwork, and formats of more than 75 history podcasts, monetizing each with programmatic ads through RSS.com's PAID platform. Podcast lawyer Lindsay Bowen identified potential grounds for copyright and trademark infringement suits, and flagged that hosting platforms and directories without a registered DMCA agent cannot claim safe harbor protections.
• AdsWizz, Barometer, and NPR are hosting a webinar on April 23 to address the misconception that podcasting lacks scale for brand advertisers. Presenters will cover how content filtering and evaluation practices are driving that perception, and what a more audio-native approach to targeting looks like in practice.

To find links to these, and every article covered in today's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.