An Update on Talkr's Sale

I've had a number of interesting phone calls in the last few days. If you are planning to wait until the last minute to place a bid on Talkr (in hopes of avoiding a bidding war) I would encourage you to call me instead: (603) 397-3935.

Professor Larry Press blogs that Talkr's sale "illustrates the attraction and risk" of web 2.0 startups.

Bloggers that have mentioned Talkr's Sale

For those of you "avidly" following Talkr's sale, I thought I'd point to some of the bloggers that have written so far.

Read / Write Web (a long-time user of Talkr) provides the most in-depth post and suggests that Talkr may not be the last Web 2.0 company on the market. Emergency Trap wonders whether Talkr is giving up too soon. 21Talks hopes Talkr will find a buyer. Tycoon's Row provides an alliterative title and describes Talkr as "outstanding". One by One Media suggests that someone with deep pockets ought to roll up Talkr and several other Web 2.0 companies for a later buyout.

Of course, these are just quick summaries -- several of the posts (and comments) offer measured doses of criticism as well.

I'll continue to summarize posts over the next few days.

Talkr is up for sale

This has been a tough decision, and perhaps one that has been long in coming. But, Talkr is now for sale.

I began work on Talkr in March of 2005, and after nearly two years of banging on this idea, I have decided to try to find it a permanent corporate home. I strongly believe that Talkr will thrive as methods of monetizing podcasts become simpler and more robust. Bloggers will provide content and distribution and Talkr will provide increasingly sophisticated text to speech, and ad integration.

However, the companies that monetize podcasts effectively today have full-time ad sales forces. And, although I have immense respect for the people that spend hour after hour on the phone selling ads, it isn't a skill that matches my skillset.

In the meantime, the bloggers that use Talkr deserve better support than I can offer them. They deserve new features, better voices and they deserve to be paid for their time. Since I haven't been able to successfully monetize Talkr, I can't offer that to them.

Thank you to the countless bloggers that have offered support and encouragement. Your excitement and support have kept me going for almost two years. Talkr is still checking feeds and creating audio, so you don't need to make any changes to your site. I'll give you an update next week about this new phase in Talkr's life.

Google's AdWords for Audio comes one step closer

Mark Ramsey at Hear 2.0 has an interesting post on Google's new "Ad Creation Marketplace". Google is accepting applications from "audio ad specialists" to create a searchable directory of professionals "to help AdWords advertisers to create radio advertisements".

Although AdWords for Audio has the potential to dramatically mature podcast monetization, there are difficult issues to address: How would ads be targetted? By channel, like existing RSS ad networks Feedburner and Pheedo? Or contextually using speech-to-text conversion? How would the ads be sold? CPM? Cost per acquisition in conjunction with pay-per-call?

Here's where I'd place my bets: AdWords for Audio will release without support for podcasts. Google's timeline is already rumored to have slipped a couple of months. Why deal with the headache of supporting podcasts when the money in the offline radio market is orders of magnitude larger than the money in podcasting? Support for podcasting will come -- but it will be months down the road. My guess is that Google won't offer ads in offline podcasts -- instead, they'll make a Flash mp3 player available, so that podcasters can monetize listeners that consume their podcast in-browser. The mp3 player will include a text or image ad related to the audio ads, so that listeners can immediately take action on the ad that they hear. Ads will be targetted contextually against the website on which the audio is embedded -- not against the audio itself. This allows Google to play to all their strength -- deep analytics, existing click-fraud protection, the existing pay-per-click pricing model and the existing AdSense contextualization technology.

So is AdWords for Audio good for podcasters? Absolutely. Is it a short-term fix for podcast monetization? I wouldn't balance my checkbook on it.

Slight interruption in Talkr's Service

You may notice a slight interruption in Talkr's service today. We need to tweak the text-to-speech server, so you won't be able to create new audio files for a few hours. Apologies for the inconvenience.

And, we're back. Everything should be back up and running. Please let me know if you run into any issues.

Make it easier for people to find your Talkr Feed

Talkr's latest release makes it easier for people searching for podcasts to find your Talkr feed. If Talkr creates a podcast from your feed, log into your account and describe the topic of your feed, assign categories that explain the basic subject matter that your blog covers and specify keywords related to your feed.

(If Talkr doesn't create a podcast from your feed yet, what are you waiting for? Create a free podcast now!)

Why is this a big deal? By providing this information to Talkr, we'll make it easier for people to find your feed and for advertisers to advertise in your feed. Once you provide customized information, we'll generate an iTunes-friendly version of your podcast. What's more, advertisers looking to advertise in a particular category can see which categories your feed belongs in! And that means more listeners and more revenue.

Speaking of advertising, we've added a new option in your Talkr control panel to give you more control over how advertising is used in your podcast and feeds. Log in to your account and click on the "Make Money" tab.

We've released a number of bug fixes and back-end improvements which should create a better user experience:

• We have had some complaints from bloggers that our crawler wasn't consistently pulling their feed. We've released a new version of the crawler that resolves these issues.
• We've also fixed a handful of bugs in the code that allows your readers to listen to your blog within their web browser.
• Finally, we've made some look and feel changes which should simplify site navigation.

We are always interested in hearing your feedback (especially the stuff where you tell us how to do a better job)! Please feel free to leave comments on this blog, or email them to: support at talkr daught com.

A couple of Interviews about Talkr

If you want to hear the latest on Talkr (and my brilliant, eloquent and prescient explanations of where podcasting is headed) you might enjoy these two podcast interviews:

1. Internet Marketing Voodoo
2. Eric Mattson's Marketing Monger

I always enjoy these sorts of interviews, although I sometimes think my mouth outruns my brain....

Talkr now support Atom feeds

Talkr now supports both Atom and RSS feed formats. This means that folks that use Blogger or other blogging tools that only provide Atom feeds can use Talkr without needing to use an intermediate service such as FeedBurner to convert their Atom feeds into RSS.

Talkr launches reporting functionality

We're providing a limited release of our reporting functionality today. This allows partners to check how many times their audio has been downloaded from the "Listen to this post" links on their blogs. You can view the number of downloads by date as well as by story. Multiple downloads of the same story from the same IP address are reported as a single download.

We have not yet integrated statistics on the number of downloads by podcatching clients.

To access your statistics sign in to your Talkr Partners account and choose the "Reports" tab.

Quick update

Just a quick note -- we've been working on improving Talkr's stability, and have begun to add a few new features. As we mentioned previously, Talkr had some problems with downtime in October and November. Since then, we've spent a good deal of time figuring out what caused the downtime, and we've added scripts to address those problems. We have also added an automatic site monitor, and negotiated the system administration services of Todd Finney, aka Boy Genius. With the exception of a bit of flaky code on January 17th, we've had a very nice month, thank you very much.

We've also started coding a set of feature improvements: first up is a long-overdue tool to allow bloggers to force a refresh of the audio that Talkr has created from their blogs. Just login to your free Talkr Partners account, and click on "Refresh this feed". Much more to come.

Talkr hires its first investor...

I'm proud to announce that Talkr has added its first employee. Or, perhaps that's more accurately phrased as: Talkr has acquired its first investor. Dave Liloia has agreed to come on board as Talkr's Director of Network Development. His job will be to work with the bloggers that use Talkr's services to improve the existing feature set and bring in new ideas.

Since Talkr is a small, unfunded company, Dave has agreed to work part-time for Talkr in exchange for equity. That's a good deal for Talkr, because Dave is fantastic (he's the guy that came up with the tagline "Letting blogs speak for themselves") ; and hopefully, it will end up being a good deal for Dave as well. (It also fails to break the bank, which hiring Dave with cash most certainly would.)

Speaking of hiring, Talkr still needs more help. In particular, we need some Perl geeks that are interested in working on cutting edge problems. (I may have an announcement to make in this area in the near future, but I'd be happy to make two or three announcements.) If you like what Talkr does; if you're comfortable working with the LAMP stack; and if you'd like to help make Talkr better, please send me an email at cbrooks@talkr.com. Please include a couple of specific ideas for how to improve Talkr, and give me a sense of your Perl chops.

A long-overdue update on Talkr

My apologies to folks that use (or are simply interested in) Talkr. Over the past two months, the service has had several outages, and has provided a complete lack of new functionality. I'd like to make a confession in this post, and then give you a general update on the site.

First, the confession -- if you envision Talkr as a hip, venture-backed Silicon Valley startup, complete with chefs, foozball and offices, you will probably be sorely disappointed. (Don't get me wrong, of course, Talkr _is_ hip.) ;-) Talkr has to this point been the work of one person (me), plus some paid and unpaid consultants. Talkr is really a "virtual" company. Our entire office fits inside the knapsack that I wore today, and physically consists of two laptops, a surge protector and a microphone / headset to allow Skype calls.

The service itself has been spotty because, over the past two months, my family and I have prepared for (and now largely completed) a move from Durham, NH in the USA to Puerto Viejo, Costa Rica. We are now living where the jungle meets the Caribbean beach, where the vast majority of people don't have computers, and people look at you kind of blankly when you ask about a "fast" internet connection. (Thanks to the wonders of satellite internet connections, I have now found a provider, "Jungle Internet" which can provide me with a 128 kbps wifi connection.) This is a really exciting opportunity for my family -- three of our four children are now attending a Spanish-only school here, and this is going to be quite a formative experience for all of us.

So, what does this mean for Talkr? First, I should have more time in the coming weeks to make sure that the existing service is actually available. My most sincere apologies to people that have signed up for Talkr, but been unable to use it. In addition to my own time, I'm also hoping to announce some additional help in the near future. That help will allow us to begin to roll out a host of requested features that I will write about soon.

So, thank you for your patience, and please don't hesitate to write (cbrooks@talkr.com) if you have any questions or suggestions.

Lancerlord demos new features from Talkr

Lancerlord has created a demonstration of some of Talkr's most advanced new speech features. We're very proud to link directly to the audio. The comments to Lancerlord's post are both thought-provoking and true. We recommend that you read them in their entirety.

On hitting important milestones

The following represents a bit of shameless promotion of some of the milestones that Talkr has hit since our launch in May.

Perhaps most importantly, Talkr has signed up more than 350 partners in the past 2 months. These partners hail from more than 40 countries, including such far off places (at least relative to my current latitude and longitude) as Sweden, Japan, Cambodia and Middle Earth.

On the content creation side, Talkr currently tracks just under 1000 feeds, and has created more than a quarter of a million audio files. (If you read that sentence twice, and then wondered if there was a mistake, the answer is no -- those are accurate numbers. Some of these feeds are updated frequently. Of the nearly 1000 feeds that we track, 143 have more than 250 posts. The three most frequently published feeds account for nearly 75,000 posts since late April 2005.)

On the listening side, we're averaging between 1000 and 1500 downloads a day. The majority of downloads come from readers that listen to audio directly from our partners' sites, or through talkr.com. The remainder represent files downloaded by podcasting clients.

Thanks for suffering through that onslaught of infoporn. We have a lot of development going on now, and plan to announce new functionality in the near future.

Talkr denies rumor that it will debut new features at Web 2.0

For immediate release.

"We vigorously deny the rumor that Talkr will debut a fascinating set of new features at the Web 2.0 conference this year" says Chris Brooks, CEO of web 2.0 company Talkr.com. "However," Mr Brooks continued, "We are planning the release of some really cool stuff at about that time. It's just that we aren't sure that the Web 2.0 conference would be the proper venue."

He later retracted that statement, saying "Okay, okay. Yes. Actually, the Web 2.0 conference would be the perfect venue. It's just that, on moral principles, we are completely opposed to that sort of blatant self-promotion."

Mr Brooks continued, "In fact, we would like to explicitly discourage anyone with an interest in Web 2.0 from suggesting to the conference organizers that they should include Talkr in the agenda. Please do not read John Battelle's blog entry asking for input from the community, and please do not use the web page provided explicitly for this purpose to request that Talkr make a presentation. Thank you. We appreciate your complete lack of support."

An open invitation to podcast your blog with Talkr

Talkr has been providing podcasts for a select group of bloggers since our launch on May 9th of this year. Our pitch is simple: we will convert your text-only blog into a podcast for free. We will monitor your blog every hour, and convert each new article into an mp3 audio file using the best speech synthesis software on the market. We will host those audio files and provide you with an RSS feed (and bandwidth) to make it easy for your readers to get access to your podcast. If you are interested in generating revenue, you may choose to link to Talkr from your blog. If one of your readers becomes a paying subscriber to Talkr, we will give you a share of that revenue.

Until now, we have asked bloggers to submit their blogs, and then wait a couple of days until we have time to review their blog and issue an invitation. This 2-day delay is now a thing of the past. Any blogger can now use Talkr's new self-serve podcasting tool to configure a podcast of their text-only blog. The entire process takes less than 10 minutes.

So, if you currently have a blog, and you'd like to work with Talkr, please point your web browser to talkr.com and click on the button entitled "Want a free podcast of your blog?".

Apologies if you heard a "Your license has expired" message yesterday

If you listened to audio from Talkr yesterday, you may have heard an audio file that began with the message "Your license has expired". This was caused by a mixup with our speech synthesis vendor, and is not an attempt to nag our listeners into becoming paid subscribers.

Our previous license expires on June 30th, and so earlier in the week we requested a new license from our vendor. However, our vendor misspelled the name of the license file, and we did not catch this when we removed the old license and installed the new one. We ran our suite of unit tests which saw that audio files were created, and we patted ourselves on the back for an easy upgrade.

Our mistake. Our speech synthesis software adds a nag message to the beginning of each audio file if you don't have a valid license -- but it still creates the file. So all of our tests passed, but the audio files were wrong. We have now added a step to our QA process to generate an audio file and actually listen to it -- rather than simply validating that it is binary, has a non-zero size, and has the correct file extension.

Our apologies -- we should have caught this.

Does podcasting threaten radio?

Think back, if you will, to 1993, when the first web browser was released. Imagine that a very wise friend had pulled you aside and told you that the internet would create a vast amount of wealth over the next decade. And then imagine that this friend had asked you to speculate on which companies were likely to benefit. You might well have concluded that newspapers were extraordinarily well-placed to capitalize on this new medium. Newspapers had earned the trust of their local (and often national and international) readers; they owned the rights to volumes of engaging and thoughtful text content; and they had developed an enviable content-creation process. In addition, they had essentially cornered the market on classified ads for job, rental, real estate and yard-sale style ads. This gave them both method and motive to become major players in the coming internet boom.

Yet, while the newspaper industry averaged profit margins of around 20% in 2004, the internet boom largely passed them by. Newspaper circulation is in decline, and readers are as likely to get their news from an internet portal as from their hometown paper. Furthermore, several of the best-known internet brands (such as eBay, Craigslist and Monster) have largely supplanted newspaper classifieds.

At least two of the trends that explain newspapers' inability to capitalize on the internet (1. readers' preference for niche-content; and 2. the development of extremely fine-grained advertising metrics) will wreak havoc on the radio industry's attempts to take advantage of podcasting.

One of the most consistent trends over the last decade has been the explosion in the number of news and information sources. Television networks expanded from 3 to a few tens to hundreds (and if Google has their way, perhaps to millions) of channels. Text news sources expanded from a handful of major papers to millions of blogs. The underlying trend is a consistent and voracious appetite for niche-content. Radio, however, has been insulated from this trend, because until recently there has been no distribution channel for niche-content audio. The first cracks in this foundation were the satellite radio companies, which offer hundreds of channels. Yet if the rise of the internet is a reasonable analogy, once the enabling technology is widely available, listeners will demand thousands, tens of thousands, even millions of audio channels.

A second trend is the rise of extremely fine-grained classified ad reporting metrics. Companies that enable online advertisements (such as Google and Overture) provide advertisers with extremely detailed advertising metrics on click thru rates, costs per click and costs per conversion. Online advertisers can use these tools to quickly and cheaply iterate through a series of advertisements, improving them on each cycle. Newspapers had no way to match these statistics, and advertisers have shifted online in droves. Radio, of course, has never had to face this threat, because there has been no competition. And, to be fair, the advertisers that are currently underwriting podcasts are doing so on metrics which are almost certainly less credible than those offered by the radio industry. However, as mp3 players are integrated into more powerful palmtop devices, fine-grained tracking will inevitably follow. (I would go so far as to speculate that users will soon accept fine-grained (if somewhat anonymous) tracking of their phone usage in exchange for free phone calls. Phone companies, in turn, will turn that tracking into a powerful mechanism for improving advertising metrics.) Advertisers will not hesitate to convert from broad demographic ad buys to niche-content based ad buys with good conversion statistics.

Where does that leave radio? At worst it leaves them with few listeners and fewer advertisers. While other scenarios are certainly possible, radio execs have to deal with two basic facts: over the next few years users will demand unlimited options when it comes to content and advertisers will demand perfect information.

Audible introduces its new podcasting features

I have written elsewhere about audible.com dipping its toes into podcasting. Audible has released an introduction to its soon-to-be-released podcasting functionality:

Audible now offers content producers the infrastructure for circulation control, paid subscriptions and advertising management needed to effortlessly produce and manage podcasting - and turn that audio content into predictable, incremental revenue.

Full announcement to follow next week at Gnomedex. (In fact between announcements from Apple, Audible and who knows else, Gnomedex is shaping up to be a watershed event in the popularization of podcasting.)

Recent changes at Talkr

One of the pleasures of a startup is that you can invent and implement in quick release cycles. Here are a few of the updates that we have released to Talkr in the last week.

Perhaps most noticeable is a new look and feel on the homepage and secondary pages. We moved several of the feeds from the free audio page to the homepage so that people can get a sense of Talkr's functionality without having to click deeper into the site.

We have also changed our subscription policy -- in addition to the free audio feeds, you can now listen to any three feeds for free. So if you want to hear how your own blog will sound, submit it on our Search for Feeds page, create a free membership, and get out your iPod.

Finally, we have been getting lots of requests from people that are interested in having Talkr host a podcast of their blog. You can now submit your blog for inclusion in Talkr Partners -- our free program to podcast text-only blogs.

If you have other feature requests, please don't hesitate to contact us, or leave your requests as comments to this post.