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For the rapper who turned in the podcaster Joe’s friends. podcast is a profitable business!
Budden, which runs Joe Budden’s network, which includes its own eponymous music podcast, opened for his company’s finances in an article published by The New York Times on Tuesday, July 22.
According to the Joe Budden Network Chief Executive, Ian SchwartzmanIt is anticipated that a Budden Podcast Empire will make more than $ 20 million in 2025.
According to the New York Times Report, Joe Budden’s Network, an independent company not connected to large podcast production or distribution companies, earns about $ 1.04 million from Patreon, where it releases content directly to fans. Apparently, the company has approximately 70,000 paid subscribers, with subscriptions ranging from $ 5 to $ 50 a month. Rounded, Budden Patreon revenue should exceed $ 12 million for 2025.
Schwartzman said the company also made several millions of dollars from selling its own ads on its podcasts, rather than working with larger distributors, goods and content licensing.
Budden, 44, made waves first with his popular song in 2003 “Five It Up,” but by 2015, he transformed from rapping to podcast, launching “Joe Budden’s podcast.” The show’s success led to the New York Times It was labeled “Howard Stern of Hip-Hop” in 2018.
Budden joins the celebrities including Jazil and Travis Kelce and host “call her father” Alex Cooper as some of the biggest winners in podcasting.
In August 2024, Cooper, 30, signed with Siriusxm for delivery and advertising rights to their podcast in a $ 125 million reported deal over three years.
The same month, the Kelce brothers signed a Nine -figure deal reported With Podcast Studio Wondery for the rights to their “New Heights” podcast. The deal includes the distribution and sale of ads, as well as past chapters and the right to launch international versions of the show.
“We couldn’t be more excited to join a wonder for the next phase of ‘New Heights,'” Travis, 35, and Jason Kelce, 37, said in a statement at the time. “We love this show, and the Fanbase that has grown with us over the past two seasons. Wondery understands the shared vision and will offer a wealth of experience and resources to take us to ‘new heights!’ We are going to create some innovative moments together through this partnership.