I think your team is too big then. Don't have company wide standups, have a standup per team and possibly role. If you're working on a web stack have a standup where the backend devs talk, one for the DBAs (if that's a thing you have) one for the front-end people... If there's someone in a product manager role they might want to attend all the meetings but likely not.

If a clear majority of the audience isn't interested in your status then you're just burning hours.

Also a standup with 40 or 50 people is just plain silly. I worked in gaming a few years ago and our standup was a full game team, the artists, designers, QA, server-devs, client-devs and our stats guy all spoke. It was a bit interesting to see what artists were doing but totally unnecessary for me to hear anything anyone said except the two other people I worked with, and we communicated well outside of the standup anyways.