Podsights terminates contract with Libsyn, citing bad conduct

Libsyn's also paying penalties for late filing. Joe Rogan has lost influence since moving to Spotify; and Audioboom might have found a buyer
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  • Podsights has terminated its contract with Libsyn’s AdvertiseCast, according to a notice on Podsights’ website. Podsights attribution will not be available to advertisers attempting to run campaigns on Libsyn’s AdvertiseCast from Oct 11. Podnews understands a notice of termination was sent after a Libsyn employee accosted a female Podsights staff member at a virtual event in April, but the banner only appeared after Podsights was called “malicious” and “ignorant” by the same person, Libsyn’s Rob Walch, during a session at Podcast Movement. Walch accused Podsights of “f#cking this community” in an aggressive speech that we’re told is part of a pattern of targeted behaviour against Podsights.

    • Amy FitzHenry, General Counsel at Podsights, told Podnews: “While we have enjoyed working with AdvertiseCast in the past and have great respect for its founders, the continued targeted behavior against our employees and company, and repeated misstatement of the facts and law by an employee that Libsyn continues to endorse and protect makes the situation untenable. This is particularly egregious given that we are currently under contract with the company repeatedly attempting to disparage us. We value our employees and must choose them and their safety over enabling an individual who appears to be acting in bad faith.”
    • AdvertiseCast told Podnews: “Libsyn and AdvertiseCast don’t comment on commercial agreements.”
  • Separately, Libsyn has paid a $147,000 penalty after it failed to file registration statements with the SEC. The company will pay these penalties monthly until it files; it doesn’t anticipate filing until December. It made an investor presentation earlier this week, highlighting recent acquisitions and its long-term ad sales strategy.

  • The Verge reports that Joe Rogan’s exclusivity on Spotify is hurting his influence, and that his social numbers have halved. Ashley Carman reports that searches for Joe Rogan also dropped after moving to Spotify, and YouTube data has also fallen.

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