Here’s how TalkShoe works. A Windows desktop client allows up to 25 people to participate in a conversation and chat behind the scenes. Calls are automatically recorded and entered into the site’s podcast directory. Show hosts receive money from the site’s ad revenues according to the number of their show’s listeners and for referring others to the service.
Google ads, ads in feeds and audio ads inserted in the podcasts themselves will all be used to monetize the site.
Sounds an awful lot like an audio version of Newsvine or Squidoo.