. Podcasting has evolved into a complex ecosystem that demands a nuanced understanding from creators, advertisers, and media companies alike. We dive deep into a conversation with Mark Asquith, a seasoned podcaster and co-founder of Captivate FM, who emphasizes the importance of getting the basics right in this burgeoning industry. We talk about how podcasting is no longer just a hobby; it's a viable media format that requires professional approaches to content creation, distribution, and monetization. Mark shares his journey from launching his first podcast in 2013 to creating Captivate, a platform designed specifically for serious indie podcasters looking to grow their audience. He stresses that the time for exciting innovations is over; instead, the focus must shift to stabilizing and mastering the fundamentals of podcasting. This includes understanding the unique propositions of podcasting for different stakeholders and recognizing that not all podcasts are created equal. For example, we differentiate between a casual hobbyist podcast and major productions like Dr. Death, highlighting the varying needs and expectations of audiences and advertisers. As the podcasting landscape continues to grow, we explore the implications of recent acquisitions, such as Captivate's acquisition by Global. Mark offers insights into how this partnership has changed the game for Captivate users, providing them with access to greater resources and talent while maintaining the core mission of supporting serious podcasters. He discusses the importance of dynamic ad insertion and how it can provide more tailored advertising opportunities, not just for monetization but for enhancing the listener experience. Mark also warns against the pitfalls of programmatic advertising, particularly for smaller creators, advocating instead for direct sales strategies that leverage niche audiences effectively. The episode concludes with a thought-provoking discussion about the future of podcasting. We ask ourselves what it means to be a serious podcaster in today’s climate and how the industry can better support creators at all levels. Mark shares his vision for the future, emphasizing the need for stability and adaptability rather than chasing the latest trends. As we wrap up, listeners are encouraged to rethink their approach to podcasting, whether they are just starting out or looking to expand an existing show, and to engage with the community in meaningful ways.…