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Hello and welcome back to the iHeart Podcast
0:48
Speakers series.
0:49
I'm will appear some president of iHeart Podcast.
0:51
As you know, we like together together once a week
0:54
to chat with one of our favorite talent
0:56
or producer or an executive in the
0:58
business and talk about podcasts,
1:01
talk about where we see the industry going, talk
1:03
about what they're working on today. We have the chance
1:05
to chat with Alan Coy's, the senior vice
1:07
president of Digital Strategy and Business
1:09
Development and Warner Music Group. We've
1:11
been partners for a couple of years now, working
1:14
on some really interesting podcasts. Together,
1:16
we're going to have a conversation about what they're
1:18
up to specifically at Interval Presents
1:20
and kind of talk about where the industry is
1:22
going. But Alan, thanks for taking some time with us
1:25
today.
1:25
Thank you for having me. Yeah, well, like I said.
1:27
We really enjoyed being partners with you guys
1:29
working on Interval Presents. And before
1:32
we get into some of the specific
1:34
shows, would love to hear from you just as
1:36
you think about the Interval brand
1:38
and slate of shows, can you talk a little bit
1:40
about this, how this came to be, and what the
1:42
brand really stands for for you guys.
1:44
Yeah.
1:45
Absolutely, So, you know the purview
1:47
that I have as sort of you know, in
1:50
my seat in doing business development and
1:52
kind of working with closely with desps
1:54
and consumption platforms on the music side,
1:57
what was clear to me was that we
1:59
as a company and we needed to build out more capabilities
2:02
and strategy around podcasting and storytelling
2:05
to the podcast listenership, the podcast
2:07
audiences audience, which has been growing and
2:09
is you know, kind of becoming a bigger
2:12
part of what people listen
2:14
to when they go to you know, the various
2:16
platforms where they consume content, and we didn't
2:18
really have a lot of infrastructure a lot
2:20
of strategy at Warner Music Group before Interval
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Presents. So we did a lot of work
2:25
internally. I led a lot of it, and we decided
2:27
to create a podcast network
2:30
and we had the official brand launch
2:32
in April of twenty twenty two, but a lot
2:34
of work proceeded that. But now I'd say,
2:37
you know, out of that, we tried to focus
2:39
on places where we can actually provide value
2:41
and leverage, and particularly.
2:43
To our partners and partnerships.
2:45
So when we set out to do this work,
2:47
we said, what does it feel right for
2:50
us to be doing?
2:50
You know, what do we have.
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We have the DNA of a record label, We've
2:53
got access to talent, We've got an
2:55
interesting way of telling stories and sort
2:58
of authenticity in terms of cultural real event,
3:00
and I think we have a good way of finding
3:02
audiences, particularly around some of these you know,
3:04
distribution platforms. So we put all
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that together and we said this should be like the
3:09
culture of music should be at the store, at the center
3:11
of what we do. But when we think about
3:13
content and integgalsents, it's not just about
3:15
music. There are a lot of other content
3:17
like verticals that go well with music,
3:20
whether we're talking about entertainment, lifestyle,
3:23
social impact, social justice, and we can play
3:25
in those areas and feel like we can add value in those areas.
3:28
So once we decided on our content
3:30
filters, we then started looking for our partnerships.
3:32
We're not really set up to do tons
3:35
and tons of shows. Our initial slate includes
3:37
eight shows, six of which are now launched,
3:39
and so we are looking forward to you know, I
3:41
think we're just about to cross the year and a half
3:44
mark and so, you know, looking forward to
3:46
launching our last two shows and you
3:48
know, getting into a year two.
3:49
Yeah, yeah, and some amazing shows.
3:51
And we're talking about shows like rap Radar and
3:53
Holding Court with M and E. K. Williams, who we've
3:55
had on this speaker series before the
3:57
Last Resort. And then you've got a couple of shows.
4:00
Let's talk about those because they're not just from anybody.
4:02
You've got two heavy hitters coming in to launch
4:04
the next two shows with you, guys.
4:06
Do you want to talk a little bit about those? Yeah, well,
4:08
I'd love to.
4:09
So the first is a show called
4:11
Underwater, and it is from
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our partner Jason Derulo, who has been very
4:15
very leaned into this project, and it's a
4:18
really interesting fiction romance
4:20
thriller, and it's actually going to feature
4:23
newly released music from Jason and some
4:25
music that is original and specific
4:28
and exclusive to the podcast. So we
4:30
looked at this as a way to really
4:32
one We couldn't have asked for a better partner
4:34
than Jason. He's been super leaned into this project.
4:37
He's been very thoughtful and leaned
4:39
into thinking about ways to leverage
4:41
the podcast to do some interesting storytelling,
4:44
but also leverage his audience
4:46
on the music side. So we're looking forward
4:48
to kind of creating some synergy there. We
4:50
think it's a really really great story and
4:53
we're really looking forward to kind of the world
4:55
hearing it. We're partnering very closely with
4:58
our friends at Atlantic to make sure that
5:00
we leverage his audience and they can hear
5:02
the podcast and listen to the music, and
5:04
it'll be in conjunction with an upcoming album
5:07
of his. So that's one really cool project
5:09
on the horizon.
5:10
I mean, how often do you get a chance to get
5:12
original music from a musician
5:15
at that level.
5:16
I mean, it's pretty awesome. I'm curious how that
5:18
project specifically came to be how
5:20
was Jason? Was he part of the origin of
5:22
this or how was it born? Jason
5:24
had.
5:26
Formed an early version of the story that
5:29
we then took and made
5:31
it into an actual script. So the actual
5:34
script and story, the narrative for this
5:36
podcast actually comes from an idea that he
5:38
had and we came in to help bring
5:40
it to life. So we partnered with Clamoraudio
5:43
as the audio production partner and Temple
5:45
Hill Production companies behind two
5:48
great companies exactly and really
5:50
made this into it. I think it's
5:52
going to feel very cinematic. So
5:55
Jason's co star we partnered with Alex
5:57
Schipp. She's recently played Storm in one
5:59
of the X Men movies. He recently was in
6:01
the Barbie movie and has a great,
6:03
great singing voice. So there's some really
6:05
really interesting cool things there. We looked
6:08
for ways to leverage what
6:10
we could bring to the table in terms of working directly
6:12
with our labels, infusing the music in
6:14
an authentic way, and hopefully providing
6:17
a really interesting audio listening experience
6:19
for the podcast listeners.
6:20
It's going to be a super cool show.
6:22
And then I think i'd cut you off the other show
6:24
that you guys have in the works launching in the not too distant
6:26
future.
6:27
You want to talk about that.
6:28
One absolutely, So that one is called
6:30
Mind your Own with Lupita Nuoga, terrific
6:33
Hollywood actress, had a great idea
6:35
for a podcast, and the way
6:37
I would describe it is like this
6:39
American Life, but for stories
6:42
being told from the African diaspora. So
6:44
each episode includes
6:46
a story that is personal to her, and she
6:49
is a Kenya native but spent a lot
6:51
of reformative years in Mexico, and
6:54
it really kind of includes really personal
6:56
stories from her, but in some way they connect
6:58
to these Scouted stories that came from
7:00
all over about everyday Africans,
7:03
and there's some sort of connective tissue
7:05
between her story and the Scouted
7:07
story, some really really interesting storytelling.
7:10
And then what we did was we actually partnered
7:12
with Warner Music Africa, our affiliate label,
7:15
to find artists who had music
7:17
that we could infuse into the show as
7:19
part of the sound design, to give it that look and
7:21
feel and even more sort
7:23
of authenticity with podcast listeners.
7:26
So we're really really excited about that one as
7:28
well. It's being done in conjunction with
7:30
Snap Judgment, who were terrific partners
7:33
on it and that'll be out at some point
7:35
very soon.
7:35
Oh that's so cool.
7:53
And when you think ahead to where you guys want
7:55
to go, obviously this is just the beginning here.
7:58
Other categories are certain timespics
8:00
that you guys are excited to explore, just curious,
8:02
where do you see it all going.
8:03
We're in the early phases of testing
8:06
how to interest podcast
8:08
listeners in podcasts that infuse
8:10
music and music listeners into
8:13
podcast stories about topics that resonate
8:15
with them. So whether it's music, music
8:18
adjacent, entertainment, social
8:20
justice, social impact, lifestyle like,
8:23
I think there are more experiments
8:25
and ways to interest each sort
8:27
of pocketive audience in those
8:29
topics as long as it feels like something
8:32
that's relevant to them. At our core, we'll continue
8:34
to do what we say, you know, an interval present,
8:37
which is sort of like amplify underserved
8:39
audiences and voices. Yeah, and that
8:41
work will continue to remain at the core.
8:43
But yes, I could definitely see us doing more
8:46
in the entertainment lifestyle cultural
8:48
lane, but with the lens as I
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said before, of sort of like the DNA
8:52
of a record label.
8:54
For you, what is different about podcasting
8:56
than other medium in terms of a path for
8:59
communication in a way for entertainment,
9:01
whether through your own personal experience or
9:03
how you guys think of it as creators
9:05
and producers of content.
9:07
How do you see podcasting being different than other
9:09
medium?
9:10
You know, I honestly, I think it's so such
9:12
a multi layered, multi faceted way
9:14
to tell stories. You know,
9:17
it's almost not to over use this, but it's almost
9:19
cinematic in nature, right, And when we go through
9:21
these productions, by the way, it does feel like we're
9:23
doing Mind your Owner. When we're doing Underwater,
9:26
it feels like you're making a movie. It feels like
9:28
you're making a TV show. That's the sort of you
9:30
know, the layers of development and production
9:33
and editing and the nature with
9:35
which we sort of choose the sound design,
9:37
Like, those are the types of you know, that's
9:40
the level of scrutiny that each piece of these
9:42
stories kind of goes through, any podcasts
9:44
go through. So I think given
9:46
the sort of convergence of how people
9:49
are listening to podcasts and listening
9:51
to music, I think that there's some really interesting
9:53
ways to kind of combine
9:55
those and make them feel a little bit more seamless.
9:58
You know, there are shows when I listen to podcast
10:00
some of the podcasts I listen to, that's
10:02
where I get my music recommendations, you
10:04
know. Yeah, some of it's like you know, I
10:07
think there are certain times where if
10:09
I'm really passionate about a particular artist
10:11
and that artist is a guest on a podcast,
10:13
that I automatically want to go to listen to that podcast.
10:15
So I think we're trying to think of the world
10:18
in a very cohesive way that
10:20
allows for a lot more of that crossover
10:22
and blending of consumption for the listeners.
10:24
Yeah, it makes perfect sense.
10:26
And I think you guys are playing in a really interesting
10:28
space right now, because as we've looked
10:30
at the statistics around how and
10:32
when people are listening to podcasts
10:34
versus other forms of audio, we were a
10:36
little bit surprised, to be honest, that now
10:38
you're looking at about sixty five is seventy
10:41
percent of podcast consumption happening
10:43
at home. I think we've traditionally thought
10:45
of it as being sort of a commuting type
10:48
consumption.
10:49
Radio is that way. Radio is sort of the inverse
10:51
about it.
10:51
About seventy percent of radio consumption is
10:53
happening outside the home, but about seventy
10:55
percent of podcast consumption at home.
10:58
It sort of speaks to what you're talking
11:00
about.
11:00
I think there's this room for these
11:03
higher production quality, you know,
11:05
brilliantly told stories that
11:07
are becoming a new form of entertainment.
11:09
It's not just information collecting,
11:12
which sort of the early days of podcasting
11:14
was you know, your standard chat show two people
11:16
talking at the mic, which of course is a great
11:18
format and it's stood the test of time and works
11:21
really well. But these types of stories that you
11:23
guys are talking about telling, as we think
11:25
about these incredible talent coming into
11:27
the space, I think it's opening that door
11:29
to some really interesting ways
11:32
to tell stories.
11:33
I know it's exciting.
11:34
I don't know if that matches up with your own listening
11:36
if as a podcast listener, how does
11:38
that sort of match up against when you were finding
11:41
the time to listen to podcasts?
11:42
You know, I think it depends for me, Like
11:44
and I by the way, I echo all those elements.
11:47
I think like we're looking for very unique
11:49
ways of telling stories and then in podcasting
11:52
lend themselves to that. So totally agree there.
11:54
For me, it kind of depends. It depends
11:57
on probably my mood. I have my go
11:59
tos, but sometimes, you know, if I'm
12:01
really busy, but I want to catch up on like what's going
12:03
on in sports world. I have my like kind of sports
12:06
podcasts, you know, giving where we sit
12:08
in the industry, and you know, thinking about industry
12:10
trends. I have like my music and like tech
12:13
you know, business genre podcasts I listen to.
12:15
And then you know, when I'm more sort of leisurely
12:17
and kind of listening to things for just pure entertainment,
12:20
that it's like a little bit more of the the
12:22
chat show or the occasional thing
12:24
that's a little bit off the beaten path. And of
12:26
course I spend a lot of time listening to all the Interval
12:29
Presents podcasts on a weekly basis, so that
12:31
takes up a decent amount of time too.
12:33
Yeah, well it's fun.
12:34
I think if you were listening to the shows that you guys
12:36
produce across the board, you've got a great
12:38
mix of shows that make you feel a
12:40
bit smarter.
12:41
You know.
12:41
Ebanie does such a great job of this with holding
12:44
Court. Yes it's entertaining. Yes, she's
12:46
fun to listen to. Joways walk
12:48
away feeling a little bit smarter. You certainly
12:50
feel entertained, You feel at least
12:52
closer and more up to date on
12:54
the culture, like you said, whether it's music
12:57
recommendations, whether it's just understanding
12:59
what's on artists. But you guys are building
13:01
a really really interesting slate
13:03
oft shows, and frankly, I'm excited to see
13:05
where it all goes. But congrats on what you
13:07
guys have built to this point, Alan, it's really
13:10
fun to watch.
13:10
I don't know if you have any parting thoughts for us.
13:13
I'm just really one appreciative
13:15
of our partnership. You know, when we built Infal
13:18
Presents, we wanted to focus on the areas where
13:20
we thought we would have our sort of core capabilities
13:23
around finding good content,
13:25
producing that content, or partnering with talent
13:27
and production partners so to create the content and
13:29
sort of marketing that content. But on
13:31
the distribution front, on the monization
13:34
front, you guys have been terrific partners
13:36
and it's allowed us to stick to the areas
13:38
where we feel strongest. So, you
13:41
know, i'd say thank you so much for that. That's
13:43
one, and you know two, i'd say look
13:45
out for Ennival Presents. We're still not going
13:47
to be in the massive scale game, but
13:49
because we do sort of quality over quantity.
13:52
I hope to continue sort of you know, batting a
13:54
thousand when it comes to content that we think
13:56
will resonate with audiences, so we're looking
13:58
forward to it as well.
13:59
No, that's great.
14:00
Well, there's awesome shows. If you have not checked
14:02
out an Unworld Present show, be sure
14:04
too. We've talked about a few of them here today,
14:06
but some really good ones to come.
14:08
But Alan, thanks so much for spending some time with.
14:10
Us today, Thank you for having me appreciate it, and.
14:12
Thanks everybody for joining us. We'll be back again
14:14
next week. Take Care.
14:24
Podversations is a production of iHeartRadio.
14:27
You could find more from the biggest names in podcasting
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14:31
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