Why podcast apps are developing their own original content

Podcasting as a medium has been around for about 13 years now, and for most of that time you'd find that most podcasts were platform agnostic. When a new episode was released, it would appear pretty much simultaneously across all podcast apps. Sure, podcasters placed most of their promotional efforts on iTunes, but that's because it accounted for most of all podcast listening. But over the last few years, the podcast and audio app space has gotten more competitive, and because of this we've seen some of these apps marketing exclusive content. Spotify, for instance, has signed deals with podcast companies like Gimlet so that it gets an exclusive window on new episodes before they're published to all the other podcast apps. In some cases, podcast apps are actually bankrolling and producing their own podcasts in an effort to differentiate themselves from other apps. The hit show Missing Richard Simmons was produced by Stitcher Premium and exclusively windowed there (this apparently pissed off the executives at Apple, since they refused to feature the show on iTunes). Audible launched Audible Channels, a platform for its own podcasts that aren't available on any other apps. And now add Castbox to the list of podcast apps that are producing their own shows. An app with 15 million downloads, Castbox has recently launched "Off Track with Hinch and Rossi," a show about auto racing, and it has several other podcasts in development. I recently interviewed Peter Vincer, head of global strategic partnerships at Castbox, about why the company is producing its own shows and whether podcast apps are taking a page from Netflix's strategy.