There has been a lot of academic research showing how effective audio and video podcasting is.
It is no suprise that Uiversities around the world should be using iTunes (there is a dedicated Education channel there)
The latest to announce lectures via iTune podcasts are:
Griffith University, Australia
University College, London
Otago University, New Zealand
How can businesses use podcasts? This is how are some of our clients are using podcasts.
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Information on new products and services to employees
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Education of service and support staff of technical matters
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Updates on new business processes to employees
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Management updates to employees ('cascade' communication to ensure clarity of information)
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Sales and marketing tools to consumers
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Communication tools to channel partners (helping support and service indirect sales channels)
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Creating a visual and oral historical record