|Owned by||Leo Laporte
|Broadcast area||Worldwide, via Internet|
TWiT.tv, which is the operating trade name of TWiT LLC, is a podcast network (although TWiT uses the term "netcast") founded by technology broadcaster and author Leo Laporte and run by his wife and company CEO Lisa Laporte. The network began operation in April 2005 with the launch of This Week in Tech. Security Now was the second podcast on the network, debuting in August of that year. Currently, the network hosts 18 podcasts and live streaming shows, including The Tech Guy, This Week in Tech, Security Now, FLOSS Weekly, MacBreak Weekly, and 13 other podcasts covering various topics including technology companies, computer security, social networking, Ham Radio and current technology news.
TWiT founder and owner Laporte, in an October 2009 speech, stated that it grossed revenues of $1.5 million per year, while costs were around $350,000. In November 2014, American Public Media's Marketplace reported that TWiT makes $6 million in ad revenue a year from 5 million TWiT podcasts downloaded each month, mostly in the form of audio, and that 3,000 to 4,000 people watch its live-streamed shows. On March 18, 2015, prior to the filming of This Week in Google, Leo Laporte stated that TWiT expects to make $7 million in revenue in fiscal year 2015, and made "almost" $10 million in revenue in 2016.
TWiT gets its name from its first and flagship podcast, This Week in Tech. The logo design originated from a traditional logic gate symbol of an "AND gate" turned on its side. Voiceovers are provided by Jim Cutler.
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TWiT's netcasts are centered around technology and technology news. Hosts of the shows are usually experts in certain fields, either by working in the field itself or by being a journalist covering the field. At the beginning of 2014, there were 27 podcasts produced by TWiT, but that was cut to only 22 shows in 2015. Giz Wiz, Marketing Mavericks and Padre's Corner were among the shows that were cancelled during the year.
TWiT further cut their field of self-produced shows by nearly twenty percent in late 2015. Among the shows cut were Coding 101, which was replaced with a second weekly episode of Know How. iFive for the iPhone was cancelled, with some of that content being folded into iOS Today. Before You Buy was also dropped, with its last episode being produced on December 18, 2015. With the departure of news director Mike Elgan in December 2015, TWiT also cancelled Tech News 2Night. Hosts Megan Morrone and Jason Howell took over Tech News Today on a daily basis at 4PM each weekday, starting on January 4, 2016. No new news director has been named.
Nathan Olivarez-Giles was brought in as a co-host and producer in March 2017, with the prospect of developing new shows including an automotive-related podcast. By July, no new shows were developed, and Olivarez-Giles was unceremoniously dropped from the network. Editor Tony Wang, TD Kara Kohl, producer Tonya Hall[unreliable source?] and on-air talent Bryan Burnett were also let go over the summer of 2017. In May 2017, Android App Arena was also dropped. In October 2017, Home Theater Geeks was canceled and Know How was changed to a weekly show. Tech News Today was renamed Tech News Weekly and was changed from a daily to a weekly show.
All the shows are available free to watch or download from the TWiT.tv website and are funded by cost per mille embedded sponsorship. Most of the shows are livestreamed from the TWiT studio in Petaluma, California. TWiT's servers host the network's chat rooms using the Internet Relay Chat.
This Week in Tech Episode 561 on May 8, 2016 had extensive talk about podcast revenue. In the episode, Leo Laporte said a recent NY York Times article stated that podcasts ad revenue was $57 million per year and "If that's true, then I actually own 25% of all of the podcasting revenue in the world." This would put TWIT ad revenue around $13–14 million per year.
On This Week in Google, Leo said that they almost had $10 million in revenue in 2016.
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In May 2017, Twitter announced that it would deliver original video content on its platform. Lawyers from TWiT believed this violated a spoken agreement between Leo Laporte and Twitter co-founder Evan Williams made in 2009, and infringed on TWiT's trademark. TWiT tried to informally resolve the trademark issue, and in January 2018 filed a trademark infringement lawsuit against Twitter.
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