The State of the Voiceover Industry

BOSSes Anne Ganguza and Tom Dheere examine the state of the voiceover industry a few months into 2025. They discuss the direct impact of political and economic events on booking trends and content. The conversation explores how corporate messaging is adapting to cultural and policy changes, the ongoing role of authenticity, and the evolving, perhaps less threatening, landscape of AI. Ultimately, they offer a message of adaptation, education, and resilience for voice actors navigating the current climate.   00:03 - Anne (Host) Hey bosses, are you new to voiceover and not sure where to start? Join the VOPeeps VI Peeps membership and get access to over 350 hours of pre-recorded classes, a 15% discount on all VOPeeps, guest workshops and free monthly workouts. This membership is perfect for those wanting to get started in the industry. Find out more at vopeeps.com. Slash join dash now.  00:32 - Speaker 2 (Announcement) It's time to take your business to the next level, the boss level. These are the premier business owner strategies and successes being utilized by the industry's top talent today. And successes being utilized by the industry's top talent today Rock your business like a boss a VO boss.  00:54 - Anne (Host) Now let's welcome your host, Anne Ganguza. Hey everyone, welcome to the VO Boss Podcast and the Real Boss Series. I'm your host, Anne Ganguza, and I'm here with the one and only Mr Tom Dheere. Hello, hello, hello, hi, tom. Oh goodness, tom, we're a few months into 2025, and it's been quite a year so far, wouldn't you say I would say yes, it has.  01:13 Lots of disruption going on in the world in so many ways I would say economically, socially, I mean. It's a new administration and I know that we spoke earlier about setting your goals and starting off on the right foot for 2025 and finding out who you are. Now that we're a few months in, I think we should go back and readdress what's happening. What's going on? How are you feeling about the state of things? Let's maybe open it up with the state of our industry, the voiceover industry. How are you feeling the state of voiceover is a few months into 2025?  01:49 - Tom What's interesting about it, Anne, is that your emotional state when you are watching the news or doom scrolling on social media is going to make you feel a certain way about how everything is going and, depending on your political inclination, you may think everything is going wonderfully or you may think everything is going terribly.  02:12 But then there's that pesky little thing called reality, which is the reality of how many auditions am I getting, how often am I booking, how much money am I making? Where are those voiceover bookings coming from? And, based on what's going on in the world, how much of that is directly or indirectly affecting our individual voiceover businesses?  02:39 - Anne (Host) Absolutely, and because we're service-based right. It affects us very much. Right, it affects us because companies are hiring us to, for the most part, entertain or sell. Right, and, depending on how the companies are feeling and companies are reacting to the issues that are going on in the world today, may have a direct impact on our business.  03:01 - Tom Yeah, so just as a point of reference, let's look at 2024. Our business? Yeah, so just as a point of reference, let's look at 2024. One of the major things that happened that had a huge impact on voiceover work was the presidential election, because, distressingly late in 2024, we weren't sure who was running for president on either side of the aisle, much less who their running mates were. That had a massive effect on corporations when it came to advertising budgets and what the content of the advertising would be. So last summer, 2024, july August there was a huge dip in voiceover work across the board because companies didn't know where to put their money.  03:46 - Anne (Host) Except in political maybe.  03:47 - Tom  Except in political.  03:48 And then when September, October, hit, the political campaigns all went crazy and a lot of the advertising got stopped up because so much ad space was being taken up by political advertising.  04:02 There was a noticeable drop in commercials for television and radio because all the political ad buys were taking up all the real estate. So that is one pretty clear, direct example about how what's going on in the real world affected what was going on in the voiceover industry. So let's look at spring of 2025 of what's going on right now is since there's virtually no political ads, as in campaign ads. I mean, there's a smattering of them here and there and a smattering of issue ads, but I didn't notice any more than there usually has been, which means the void that the political ads left got immediately taken up by commercials, left got immediately taken up by commercials. So there seems to be as much work as there was at any given time in recent voiceover history. I agree with you there. But the question is, what is the content and context of the ads and other voiceover genres and what are the casting demands and what are the performance demands for?  05:09 - Anne (Host)  Now also, we're thinking, I think, right now, commercial broadcast style voiceover. When we think about that, I agree with you that, yes, there's as much work, I think, as there ever has been. However, it's the content that might be changing and the context. You're absolutely right, but also there might be in terms of industrial content, like the industries that are advertising, the industries that are hiring voice talent that may or may not be broadcast. Maybe we're talking e-learning, we're talking corporate, we're talking all the different non-broadcast style voiceover. I think, in that realm where I'm seeing I'm not seeing a drop necessarily, but I'm seeing companies looking very carefully at what they're saying and what they want their brand message to be.  05:54 - Tom Yes.  05:54 - Anne (Host) And that is very key for somebody like myself if I produce demos, to make sure that the content is reflective of the culture and the society of the times.  06:06 - Tom Yes, culture definitely has an influence on advertising broadcast and it also has an influence on internal content, e-learning content, corporate industrial content. Actually, I just realized last year I had narrated an app for a large governmental organization, let's just say, and it was about harassment in the workplace and it was a big project and I did it all and the client was thrilled and I got paid and everything was great. Just a few days ago, the client wrote me and said hey, as a result of all of these executive orders that have been stripping away DEI policies and verbiage, I had to record a decent chunk of it all over again with the new policies and whatever we'll call it, awareness of it in mind.  07:01 - Anne (Host) Yeah, that's the biggest thing that I am seeing and, again, we're not here to be political. However, the two of us need to take a realistic look as to okay, so what are companies having to do to maybe adhere to policies? Because companies that maybe depended on support from the government may have to rewrite some policies. They may have to rethink how they're speaking, and that directly impacts a lot of the corporate work that I've done and also corporate training as well I do. The majority of my work in the e-learning aspect is through corporate.  07:34 I do some educational, which I think that also can be touched, but not in such a direct manner Like, let's say, dei or I'm just trying to think like, what other types of topics and support and safety and environmental. Let's think about environmental changes. Right Before, in a lot of corporate, there was a lot of talk about sustainability, talk about climate change. There was a lot of talk about sustainability, talk about climate change. Companies wanted their audiences to hear that they were supporting these things, because that's what mattered to the majority of people, that they wanted to be on board with them. Now, is that a thing when we're talking about alternative energy right, alternate energy are we going to now be talking about drilling and fracking versus, you know, solar power or those types of things.  08:18 - Tom  Yeah, absolutely, and top-down policies are going to have a trickle-down effect, but also, as in if federal laws are changing or being enacted or being repealed, that's going to have a big effect on a lot of the policies of the companies, because they have to be compliant with local, state and federal law to be able to run their business legally and effectively. So, yeah, it will definitely have a top-down effect. The other thing is economic.  08:47 - Anne (Host) Yes, we always have to look at the economics.  08:49 - Tom You always have to look at the economics of it, and we're still seeing what the full effect of all of these tariffs are going to be on multiple countries, which is going to the majority of economics say, regardless of your political bent, that this is going to create an increase in prices of many, many items. Or some items just may not be available in the United States to be imported and there's some based on reciprocal tariffs. There may be items that the United States manufacturers that cannot be exported.  09:23 - Anne (Host) Well, absolutely, and in terms of hiring, and in terms of hiring. In terms of hiring. I do know that I heard from one of my students, canadian students, that is it favorable now to be an American voicing a Canadian brand at this point?  09:38 Or vice versa, or vice versa, and so we have to think about that or any global brand. So it's interesting to really see. I think a lot of us are so in our studio bubbles that we forget how this impacts the industry, and it impacts our jobs. It can directly affect our jobs, and so it's something that we need to keep our eyes open to. And even though I know a lot of people are like I'm off social media or I you know, it's just sometimes it's difficult for people to watch the news I do think that we have to keep ourselves in touch enough to understand where the trends are going and what things are happening if we want to keep our businesses afloat. And now I guess the next question, Tom, is are we doom-scrolling our voiceover industry at this point? I mean?  10:27 - Tom How do you feel about it? There's a lot of hysteria and confusion and frustration and fear and anger on every social media platform that I have seen. Some of it is a healthy discourse, some of it is fear and hate-mongering. Some of it is a healthy discourse. Some of it is fear and hate mongering. Some of it is a cry for desperation and comfort and commiseration. It's a combination of all of those things.  10:44 So the question is do you shut off all of your social media and go take a walk? Sometimes that's a very, very good idea. But, just exactly to your point, anne, we need to keep an eye on what's going on. Also, all of the social media groups that we're on, they're national or international, so we can keep an eye on what's going on in other parts of the country and other parts of the industry and how it may or may not affect us. Like, for example, I just saw recently a social media post Somebody was talking about well, what happens if there's a recession? How is that going to affect the voiceover industry? Now, I don't know if you remember, but 2008, 2009, the great recession oh, I do. I did not remember and I went back and I looked at my numbers. I didn't notice any effect, noticeable effect, on it.  11:29 When COVID hit March of 2020, there was a noticeable dip, but then April it went right back up and 2020 was a pretty good year for me. But paying attention to things like that and you know, instead of being in your own little bubble, about being terrified about everything, but when you're actually doing your own research off of social media and looking for intelligent discourse on social media to find actual facts, and listening to people who've been around the block a few times, like you or I, who was like, yeah, no, the recession was not a big deal and oh, yeah, covid, things bounced back really quickly and, like I said, last year's, well, the strikes, the SAG-AFTRA strikes, the interactive strike, which is still ongoing, unfortunately, but hopefully they'll be able to fight for their rights and protect all of us. When it comes to AI and other bad practices, the voiceover industry seems to be relatively pliant and relatively resilient. Yes, because, no matter what, people are still trying to sell things. People are still trying to buy things.  12:28 I love that. You said that People still need to teach things. You know what I mean.  12:31 - Anne (Host) I mean, we are a company ourselves, right, we want to stay afloat.  12:34 We're right now looking at and if you aren't, you need to be right Always, you need to be looking at how are you going to stay afloat, how is your business going to continue to show progress, move forward, be successful?  12:46 And it just basically comes down to we're evolving. We're evolving with the times, right, and I think that I agree with you wholeheartedly that I don't think there's going to be any less of a demand for voiceover because, as you mentioned, companies still want to exist, they still want to sell a product, and so part of that sell is including a voice to speak the brand and to communicate that sell to others. And so I don't think it's doom scrolling, but I do believe that we need to educate ourselves on what the trends are, and not just the trends on the style of voiceover, although I think that it's good to understand, like, what's out there? How is that message being told? I always maintain that the best performance trend, the best voiceover performance trend to follow, is just be an actor, be a damn actor, right, because if you're an actor, you evolve, you can evolve and change, just like you need to do with your business.  13:44 And I think that you kind of touched on synthetic voices and AI Again, if we were to talk about how do you feel that that's affecting the industry these days? I can tell you, in my opinion, right now, I think that things are working themselves out, hopefully on a more positive note, and I don't think that the fascination is there for me. I'm not seeing the fascination there with voiceover jobs being stolen by AI. I believe that more of the focus needs to be on let's just protect our voices so that they're not being used without our permission and being developed into a synthetic voice. Or, if we have a synthetic voice, make sure that we're getting compensated for it. What are your thoughts?  14:22 - Tom  I generally agree, because everyone who decided that AI is the devil and decided not to get involved in any level of critical thinking or investigating about it, they have not changed their minds. The people that jumped in with both feet are probably still jumping in with both feet. What I think to your point you're saying is that everybody that wanted to give it a sniff, that wanted to try it out, test the water, has done it not just once, but maybe twice, because ChatGPT rolled out November 2022 and now we're in mid 2025. So I think there's been like At least from my observation, there's been like two rounds of companies giving AI a try. The first one was just to, oh, let's see what this is all about.  15:03 And then some were like, oh, this is great, this is perfect. Others are like, no, this is awful. And then there's others who, a year or so later, is like you know what? It's probably gotten two years better. Let's give it another try. And then same thing happens. Some thought, oh, okay, it's good enough now, or it's not good enough now, or making whatever decision. But yeah, the fervor from the consumer end, I think, has settled.  15:26 I think so too, and I think the terror from the voiceover end I think for the most part is settled. There's still questions about it.  15:33 - Anne (Host) Sure, and we've got great organizations fighting for us as well. Nava has been doing a phenomenal job in that regard, and if you're a business and you're not using AI in some capacity to manage your data, you're missing out. You're missing out on the boat, and we did talk about that previously in an episode, tom, you and I. It's just getting better and better at that, but it's not necessarily getting better at speaking your voice synthetically. But data management, I think, is just leaps and bounds and it's integrated in a lot of the products we're using and you may not even know it. It's kind of like.  16:07 I think I mentioned this to you before Back in the day I installed voice over IP phone systems when they first came out and people just said oh my God, they sucked, They'll never work, They'll never last, and ultimately, that's what we do today. I mean, it's all voice over IP. Everything that we're doing is we're communicating, Our phone lines are over data internet lines and it's just that's what's happening. Now. We have voice over IP and we don't even know it. It's seamless. So I believe that the AI data management is being built in seamlessly into things that we use like Google or I think you're using Google Workspace.  16:36 - Tom  I am using Google Workspace and Google Gemini is my favorite AI, google Gemini.  16:39 - Anne (Host) I have ChatGPT. I have a couple other products that do some automated things for me that are under the ChatGPT, and I continually look for tools that can help me to run my business more efficiently. So I don't think that in the voice realm of things. Oh my God. I just said a company.  16:54 - Tom  Naughty, naughty.  16:54 - Anne (Host) I didn't even know In the voiceover world. I don't know if synthetic voices are quite the terror and the scare that they were in the last couple of years.  17:03 - Tom  I still think the same thing is exactly what you and Andy said on that wonderful narratorlife interview that you did, which you said garbage in, garbage out. Good actors are going to make good AIs, bad actors are going to make bad AI are going to make bad AI. And the relevance gap I still think is growing, of people that are lacking in talent or training storytelling training, that are trying to enter the world of voiceover, are just not going to be able to get in. So I think that still stands.  17:28 - Anne (Host) And everybody I talk to we're talking about. Like anything today, if you want to capture someone's attention, right, marketing, wise, right it's all about authenticity. It's all about authenticity. It's all about give the human aspect to you. Even when I write a newsletter, it's like give somebody that vulnerable part of yourself that talks directly to them and doesn't just try to sell them or doesn't just try to, like, promote things. And give that authenticity. And I really believe that, as humans, that's who we are and that's what we have and that is just our strength. And when we are performing voiceover and we are voice actors, I think the more that we can be authentic in whatever genre we are voicing, the better off we are and the more successful we will be.  18:08 - Tom I agree. I had another thought about. Something that we were talking about a little earlier is that unemployment seems to be rising because of all of these federal layoffs.  18:19 Layoffs, yeah, and then as a result of tariffs.  18:20 if prices are going up, they have to maintain profit margins, so sometimes they need to cut labor. So what's been interesting in voiceover is that, as a result of AI, there has been less of the entry-level, lowest budget voiceover work, which means there's less opportunities for people who are entering the voiceover industry, and that may mean some people are not able to have a sustainable voiceover business model, so they're leaving the voiceover industry. However, if employment does keep going up the way that it does, does that mean more people are going to come back who want?  18:55 - Anne (Host) to give voiceover a shot. Yeah, exactly that was my experience when COVID happened.  19:01 And people, how many of my coaching business, I mean I had like tripled business with people who were using the time to learn voiceover and to get into voiceover and to utilize their voice for something good. I mean, I think that's still like. The desire of most people that get into this industry is they want to use their voice to do something good and, of course, make some money. Sure, that's always a key element to be successful in voiceover business. But what other aspects, tom, have we not covered here in this few months, now that we're in 2025? We've talked about, I mean, really, how dependent our industry is on the economy and the message that is out there, the brand that is out there.  19:50 - Tom Right. Yeah, it's dependent and it's independent at the same time, when we are getting into what seems to be a very interesting year on a sociological, social, cultural, political, economic level, what can we as voice actors do? So what should us bosses do? It's the same answer all the time, anne Right.  20:11 - Anne (Host) What do we do? Keep training, keep learning.  20:13 - Tom Keep growing, keep marketing, keep marketing. Keep following industry trends. Continue to have conversations with fellow voice actors. Continue to have conversations with your current and potential clients. Pay attention to what's going on on social media, but don't get sucked in by it. But pay attention, learn, grow, adapt, evolve and educate Educate yourself and educate each other.  20:33 - Anne (Host) Educate, adapt, evolve. I love that. Educate, adapt, evolve. I think that really should be our mantra for this year Educate, adapt, evolve and I think everything will be absolutely fine in this voiceover industry. And also just one thing that I want to make mention is that during those lean times where you may not be finding work or work slows down, it's always important to kind of go back and listen to other voiceover podcast episodes that I've had with Tom, of course, about your business and how to build your business and be successful, as well, as I've had a money series with Daniel Fambul, which talks about the fact that if times are lean for me or I'm considering investing more in my business, which would mean maybe I'm going to get coaching, maybe I'm going to get a new demo, maybe I'm going to get a new website which, by the way, I've done all those things and I've had to make a lot of investments this year, and so it's important to have the mindset right, the mindset of being willing to invest.  21:32 I think that's important being willing to invest in this career If you love this career and this is what you want to do and you want to grow, having the mindset of being willing to invest, and I, right now, in my own business, I've transitioned over to a new website, I'm doing a lot of new things that are on the scary side of things for me. I mean, I think if you're not scared every day, you're not taking a risk every day. And, by the way, this risk is not just a risk performance-wise or strategy-wise, it is a risk financially-wise, because I'm investing in a part of my business that I want to grow, and so it's not easy and it's scary, but it's something that I believe every boss needs to really take a look at and be willing to take a little bit of a risk. Take a look at and be willing to take a little bit of a risk, and I'm thankful that and, tom, we've talked about this I'm thankful that I have a little bit of a nest egg that I can make these investments yeah.  22:26 - Tom So my new mantra will now be if you're not taking risks, you're not trying, and if you're not scared you're not trying hard enough.  22:33 - Anne (Host) Oh, I like that a lot. Yeah, Tom. So I admit that I'm scared. Are you scared? Are you scared every?  22:39 - Tom  day. Am I conscious? Yes, of course I'm scared.  22:41 - Anne (Host) Yeah, what things scare you? I'm just curious what things scare you in running your business?  22:46 - Tom Well, I mean just as a basic normal, semi-normal neurotic human. I still have my imposter syndrome. I hear you I still have my FOMO.  22:55 I'm still afraid that 30 years later, that clients are just going to be like well we don't just like his face anymore and they're just not going to book me and they come back. They all come back, as in you know, most of them come back for all good reasons and other people don't come back for whatever other reason. 99% of the time has absolutely nothing to do with me. But my biggest fear is the fear of being irrelevant, and I've had a couple of times in my voiceover career where I, as a result of very poor business decision-making, I made myself less relevant.  23:28 The jumping off of Voice123 in 2013 and then being off it for seven years made me less relevant as a voice actor because I wasn't paying attention to what was going on in the industry. I was up my own you-know-what about it and making decisions based on fear, ego, insecurity and arrogance and ignorance.  23:47 - Anne (Host) Oh, my God, I just love that. You just you were so authentic with that. That's really wonderful. I mean, I love that you're sharing that with us because that's something that I think everybody can take and really learn from myself included taking these risks that have not always worked out and, yeah, a lot of it is because I was stubborn. I have a little bit of a stubborn streak. I'll admit to you that mine would be stubborn in feeling like what I was doing was the way and there was not another way to do.  24:18 It was the way and there was not another way to do it. And that stubbornness and not allowing myself to open my eyes, especially when because I hire a team of people right, and trying to do everything myself, thinking I was the only person that could do it, being that kind of a person, that control freak which I am that held me back. It was scary to me. I was scared that if I didn't control it myself, that I would lose control and that I wouldn't be able to grow the business. But quite the opposite happened. After all, that, when I allowed myself to be open to collaborating and working with others and it's one of the reasons why I love to collaborate with you, tom, because there's so much power in collaboration together and that is one of the basis is for when you want to run a strong business. I'll never forget Gary Vaynerchuk said hire people who are better than you to do those things and don't be afraid of that. Don't be scared of that and treat them right, because that's going to help you all grow and move forward.  25:07 - Tom Absolutely Surround yourself with smart people who disagree with you is another mantra that I've heard over the years, and it's really really true.  25:14 - Anne (Host) Yeah, yeah, I love it, tom. Thank you so much. I think that last nugget was the best of all out of this episode. I really love talking with you in these podcasts, so thanks again. I'm going to give a great big shout out to our sponsor, ipdtl. You too can connect and network like real bosses. You can find out more at IPDTL.com. Bosses have an amazing week and we'll see you next week. Bye.  25:41 - Speaker 2 (Announcement) Join us next week for another edition of VO Boss with your host, Anne Ganguza, and take your business to the next level. Sign up for our mailing list at voboss.com and receive exclusive content, industry revolutionizing tips and strategies and new ways to rock your business like a boss. Redistribution with permission. Coast to coast connectivity via IPDTL.