Cody and Noel won a Shorty award back in 2019 for best podcast and they were named an honoree at the Webbys two years in a row. Dont make it too low, though, or you will lose potential revenue opportunity (more on that below). Many artists have earned life changing 7 Tim Dillon: The Tim Dillon Show, $1.3 million View this post on Instagram A post shared by Tim Dillon (@timjdillon) If youre not in the know, D&D refers to Dungeons & Dragons. Podcast monetization. The Highest-Earning Podcasters - Forbes Tap Library. Supercast is podcast subscription that's made for podcasters The highest-earning podcast is "The Joe Rogan Experience" which earned an estimated $30 million in 2019. Crime in Sports is a real fan-powered success story. Simpson trial, to taking a deep dive into various famous figures such as Yoko Ono and Tonya Harding, listeners are bound to learn something new every episode. money during this time. But the 30% commission compares with lower fees on Patreon, which range from 5% to 12% depending on the level of service, plus smaller fees for credit-card processing, transferring earnings to a . LoadingReadyRuns two tiers are priced at $5 and $10 a month. True Crime Obsessed 2. For example, you may set a goal that once you get 200 patrons, you will have live Q&A sessions after your podcast episode. Here are 5 impressive podcast earners absolutely dominating Patreon.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'improvepodcast_com-leader-1','ezslot_6',108,'0','0'])};__ez_fad_position('div-gpt-ad-improvepodcast_com-leader-1-0'); In fact, Chapo Trap House and True Crime Obsessed are at the very top of the best Patreon earners among every category (data from Patreon and Graphtreon are not in exact sync, but they are close enough). We recommend using Riverside to capture podcast audio. what has moved the needle the most in terms of downloads is being featured on Brands with strong omnichannel customer engagement strategies retain a staggering 89% of their existing customers. The hosts have a knack for mixing in-depth research with hilarious banter, bringing levity and insight to otherwise harrowing topics who knew hiding under the covers could be so fun? Patrons looking to connect with Scharpling can subscribe to the $10 tier, where they can ask him questions in a monthly, on-air AMA. How the Highest Earning Podcasts Make Money | Radio.co 7.1% of podcasts get 5,000 downloads per episode 2% of podcasts get 20,000 downloads per episode 1% of poddcasts get 37,000 downloads per episode Now these numbers are important because to podcast advertisers, it's a numbers game. Apple's paid podcast subscriptions to join redesigned podcast app Its only the podcasters themselves who truly know how much money theyre bringing in. And chances are theyre keeping that secret close to their chests. The one Nanoscopic patron ($1,000) gets a framed photo of their face on the set. The sum of earnings from creators who disclose their data is $1,830,689. You can do that by talking to your audience, learning what they love and want to hear more of and what their desires are and then over deliver that to them. If you have thousands of downloads on your episodes, offer an ultimate tier worth $1,000 for someone to become an executive producer. Embedded content: https://www.youtube.com/watch?v=5bU5zqtisdE&feature=youtu.be. Your email address will not be published. It goes without saying that quality content is the primary requirement of subscribers. But the trend for almost every show is that they are all Tweeting all the time. Patrons of Easy Allies have 11 membership tiers to choose from. The creating a show people love is really the hard part here. Here are just a few examples of top earners who are killing it and making over $200,000 a year on Patreon. Top 10 Richest Podcasters of 2023 - Moneymint While listening to an episode of The Flagrant Ones, youre as likely to hear in-depth breakdowns of data and stats as you are a fake interview with Kawhi Leonard. What's more is most of the shows on the top 15 have had their Patreon for over a year. The Tim Dillon Show (hosted by American comedian and tour guide, Tim Dillon), breaks down the latest mishaps and apocalyptic visions hes had with friends and well wishers. First things first. For $20, patrons get an extra episode once a month full of personal juicy stories. Though Last Podcast on the Left is a Spotify exclusive, their Patreon is the destination for bonus content. All the tools you needs to host, distribute and grow your podcast with ease. People value when their contribution gets noticed, even if it is very small. By supporting creators you love on Patreon, you're becoming an active participant in their creative process. 1. Updated daily. The group also produces videos and podcasts about tabletop games like Magic the Gathering. Comedians, former Vine stars, and rap duo Cody Ko and Noel Miller host the TMG podcast on YouTube with bonus podcast episodes exclusively on Patreon. Miniscule ($15) patrons get directors cut videos, discounts, and access to pilot formats and new podcasts. Many folks enjoy your free stuff. Similarly, it takes time to get noticed online. The podcasts are no where near as popular as Joe Rogan's but the average fan listens to more episodes. Clean Energy Charging drama, Mac Pro is coming, Apple's secret project Most popular premium podcast content you can provide on Patreon is: The last but most important tip is to keep patience. 54 of the Biggest Earners on Patreon (And What They're Selling) - Gaps Since then, shes been touring, appearing on reality TV shows, and catching up with her celeb guests. To create a Podcast or any form of content that captivates the attention of your audience, you need to put in a great deal of time and hard work. Finally, remember that as it took for your audience to grow, the same is true for Patreon sponsors. New York, New York, United States. Since then, the team has gained millions of followers, and expanded the initial concept across multiple YouTube channels, giving the SciShow treatment to space, psychology, and kids content. Get set up. So always aim small on your target audience and seek to satisfy them as much as possible. If you already have an account. How Much Money do Podcasters Make? - Lime Link Patrons of the $20 tier get a shout-out in the end credits of one of their videos. With iconic episodes dedicated to Ted Bundy and Jonestown, the group has become one of the most successful true crime podcasts to date, earning $1.2 million annually. Select a membership level. I would strongly recommend mentioning your Patreon page and the associated benefits at the end of every Podcast episode. This is very vital to your sustainability on the platform, and if you want your Podcast to become a full-time business. Its fairly challenging to get the most accurate figures when it comes to analysing the highest earning podcasts. The Tim Dillon Show 7. And in my opinion Thanks anyway. That's an increase of 18.39% since September 2020. What they offer patrons: For just a buck a month, patrons get James and Jimmies eternal friendship. Updated daily. Why? Fans love the show for its hilarious interviews with comedians and musicians, like Chris Gethard of the Beautiful Anonymous podcast, and James Murphy of the rock band, LCD Soundsystem. Nick Shivdasani - Manager, Strategic Finance & Corporate - LinkedIn It was reported in 2019 that the . Chapo Trap House 3. As far as I can tell Enty Lawyer's podcast is only available to Patrons. Its fiercely funny and brutally honest, earning it enough patrons to land among the top Patreon podcasts. Looking only at podcasts category, we have 9,673 creators with at least 1 paying patron. By saying anything and everything thats on their minds, Chapo Trap House gives listeners a space to push the boundaries of political commentary sans judgment. The $5 tier is also worth mentioning, unlocking karaoke versions of their music videos for patrons to sing along with. And it should not come as a surprise that he is the highest-paid podcaster right now. That's pretty . Co-hosts and founders Will Menaker, Matt Christman, and Felix Biederman launched Chapo Trap House after appearing on Street Fight Radio together to review the movie 13 Hours. What started as a low-budget show turned into one of the most popular political podcasts out there. There are two fees you will need to pay: These are known to change (especially processing fee) from time to time, but overall the model is similar for years. He has three different subscription offers on his Patreon page. Explain the different tiers of your Podcast subscriptions that you are making available. And before you ask, no. Crime Junkie became such a hit in its first few years that in 2019, Ashley went all in on the podcast and quit her day job. If we scroll down the list further we'll see shows like this: Now sure each of these shows have multiple people working on them so $3k/mo won't cut it for 2+ people, but you get the idea. Topping out at Tell em' Steve-Dave with 24,000 Tweets! Whether you're doing laundry, driving home from work, or breaking a sweat at the gym, podcasts are great if you want to throw in the best earbuds and fill up your time . Since 2016, Chapo Trap House has been covering American politics like youve never seen it (or better yet, heard it) before. Top 10 Creators on Patreon to Check Out: 1. True Crime Obsessed True crime podcasts continue to dominate the industry. Each episode has at least one question that comes from Patreon. Monetization with Patreon and having dedicated Podcast Patreon Strategy will allow you to build financial independence very successfully, but all the efforts need to be planned.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'improvepodcast_com-medrectangle-3','ezslot_3',101,'0','0'])};__ez_fad_position('div-gpt-ad-improvepodcast_com-medrectangle-3-0'); While advertising is the most popular way of monetizing online content, you need a significant number of subscribers and downloads before an excellent advertiser can consider you for advertising, or before you will get a reasonable CPM rate. As weve discussed, making your Patreon campaign successful requires promoting it as many people are still not familiar with this platform. Create a show people love, make over 40 episodes, Tweet thousands of times, create a Patreon, give bonus episodes as rewards, and then keep it all up for a year. Of course, your earning grows with the number of patrons, and this number will depend on how good is your Podcast Patreon Strategy.