This is quite literally untrue, and many of the most popular podcasts have immense production value https://www.nytimes.com/2020/05/25/opinion/joe-rogan-spotify-podcast.html
This is also just a complete misreading of why Rogan is popular vs mainstream men’s mag. It completely ignores shifts in distribution platforms, changing consumption habits, business models influencers, tries to paint it as some culture war. It’s dishonest https://www.nytimes.com/2020/05/25/opinion/joe-rogan-spotify-podcast.html
If you want to understand the success of Rogan I suggest reading @benyt which actually takes a thoughtful and reported look at these big shifts in media https://www.nytimes.com/2020/05/24/business/media/new-model-celebrity.html
Also read my piece on the Call Her Daddy drama which gets into a lot of the same stuff :) https://www.nytimes.com/2020/05/19/style/call-her-daddy-podcast.html