Regarding your point about "the Netflix or Hulu of podcasts" it is important to remember that by far the majority of their content is at least a full season old. They are able to secure the rights to it for less than the cost of producing it because the networks are receiving ad dollars the first time around.
Most of the podcasts I listen to aren't timely so listening to them a year after they "air" isn't a big deal. I'm not sure if I am in the majority there though.
My suspicion is that podcasts are going to borrow from the music industry in the form of podcasts being something they give away in hopes of making money through merchandise, events, additional media such as books or subscriber-only episodes, or more likely, broadcaster access in the form of communities. (Off of the top of my head I can think of four entrepreneurial podcasts that have their own membership communities: Startups For the Rest of Us, Tropical MBA, Entrepreneur on Fire, and Chris Ducker. I imagine there is a lot of audience overlap but not membership community overlap and maybe a different method would be to have a single entrepreneurial podcast membership community that shows can join for a portion of the subscription fees. A smaller piece of a bigger pie...)
And like music some people will still create them out of a labor of love.
Most of the podcasts I listen to aren't timely so listening to them a year after they "air" isn't a big deal. I'm not sure if I am in the majority there though.
My suspicion is that podcasts are going to borrow from the music industry in the form of podcasts being something they give away in hopes of making money through merchandise, events, additional media such as books or subscriber-only episodes, or more likely, broadcaster access in the form of communities. (Off of the top of my head I can think of four entrepreneurial podcasts that have their own membership communities: Startups For the Rest of Us, Tropical MBA, Entrepreneur on Fire, and Chris Ducker. I imagine there is a lot of audience overlap but not membership community overlap and maybe a different method would be to have a single entrepreneurial podcast membership community that shows can join for a portion of the subscription fees. A smaller piece of a bigger pie...)
And like music some people will still create them out of a labor of love.