Podcasting startup PodShow has laid off one-third of its staff, according to a report Valleywag:
PodShow, the San Francisco-based online-video network best known for launching the career of CNET’s Natali Del Conte, is laying off about 20 employees, or as much as 30 percent of its staff.
“There are no secrets, only information you don’t yet have,” is the slogan for former MTV VJ Adam Curry’s podcast. Curry, a PodShow cofounder, didn’t show up to deliver information about the firings; we’re told he left that to middle managers.
This looks like the end of the podcasting hype.
None of the heavily hyped podcasting startups have delivered on their promise, despite a one-year jump on the mainstream competition and inexorable trends driving people to podcasts and other Internet media.
Expect more podcast hype backlash in the next year, while forward-thinking organizations and early-adopters push podcasting technology to mainstream adoption.
More: Our take on the podcasting hype cycle.
