Why one of the biggest players in podcasting says 'podcast' is an 'archaic term'

Podcast industry executive Chris Balfe argues the term 'podcast' is outdated as the medium evolves into video content, raising concerns about revenue loss from 'clipping' on platforms like TikTok and Netflix's exclusive deals. Balfe criticizes Netflix's strategy of securing exclusive rights to podcasts, warning it risks creators' control and undermines revenue models.