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Jon Thoday, a prominent figure in entertainment management, shares insights about his company Avalon's early involvement in podcasting, dating back to the early 2000s. He reveals their work with notable talents like John Oliver, David Baddiel, and Frank Skinner, and discusses managing successful shows like "Shagged, Married, Annoyed" and "WTF with Marc Maron."

Thoday draws parallels between podcasting and stand-up comedy, noting how both mediums share a simple formula of talent and microphone with low barriers to entry. He emphasizes the importance of creative freedom in podcasting and expresses concerns about programmatic advertising potentially damaging the intimate relationship between podcasters and their audiences.

The conversation takes an interesting turn when discussing the evolution of podcasts into live shows, with Thoday sharing insights about how podcast success can now lead directly to arena-sized venues without needing traditional television fame first. He also offers a compelling perspective on video podcasting, suggesting that while it may help with monetization, the true innovation lies in the audio format itself, similar to how radio was a bigger breakthrough than filmed radio shows.

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