The New York Times Company Acquires Serial Productions and Types a Strategic Alliance with “This American Existence”
NEW YORK–(BUSINESS WIRE)–The New York Times Company (NYSE: NYT) announced this day that it would compose Serial Productions, the corporate that produces the groundbreaking “Serial” podcast. To boot as to the acquisition, The Times also announced that it had entered into an ongoing inventive and strategic alliance with “This American Existence” that would possibly perhaps enable it to continue to collaborate on long-form audio stories with Serial Productions and to collaborate on marketing and marketing and promoting gross sales with The Times. The terms of the transaction weren’t disclosed.
Serial Productions is a crew of audio’s simplest and most successful long-form journalists and account storytellers led by Julie Snyder, Sarah Koenig and Neil Drumming. Every episode of “Serial’s” first season used to be downloaded 20 million cases on average and is credited with igniting the present podcast growth. “This American Existence” is the enduring, long-working, weekly public radio program, founded by host and govt producer Ira Glass.
As a Times company, Serial Productions will commission and edit its contain stories and so they are going to now be amplified by The Times. The acquisition will enable the Serial crew to repeat more stories and produce more series than they had beforehand.
With “The Day-to-day,” “Serial,” and the strategic alliance with “This American Existence,” The Times has now brought together three of the greatest audio brands on this planet. Alongside with other chart-topping shows and series, including “1619,” “Rabbit Hole” and “Caliphate,” moreover to the current acquisition of Audm, The Times will continue to compose new listening habits all the contrivance in which through a bunch of formats. Constructing a solid audio fable aligns with the corporate’s broader purpose to encourage audiences trace the area around them through journalistic storytelling.
Meredith Kopit Levien, chief working officer of The New York Times Company talked about, “We contain considered the vitality that audio can contain in building deeper connections with our viewers and we’re committed to bringing listeners the simplest audio journalism on this planet. What better methodology to repeat that commitment than by acquiring ‘Serial,’ the most well-known and progressive podcast series ever produced and by partnering with ‘This American Existence,’ a program that reasonably simply transformed the genre. We launched ‘The Day-to-day’ in 2017 and it has rapidly change into the most listened to recordsdata podcast in the country. Our purpose is to continue to adapt our audio offerings and to chart a sustainable direction for fine quality, immersive audio journalism.”
Sam Dolnick, an assistant managing editor who oversees Times audio talked about, “Now we contain been colossal admirers of ‘This American Existence’ and ‘Serial’ for years and their work has impressed and knowledgeable our contain. We feel assured the ‘Serial’ and ‘This American Existence’ teams share our want to continue to to find groundbreaking ways to repeat stories, develop listenership and encourage more and more folks better trace the area. They’re as mission-pushed as we are and we’re so furious to welcome them to The Times family.”
Julie Snyder, the governmenteditor of Serial Productions talked about, “We’re extremely happy with ‘Serial’ and wished to discover a home where we felt shared values, one where we would possibly perhaps perhaps perhaps even be supported and resourced to repeat more stories, of the ultimate quality. We’re thrilled to be joining The Times, where they’ve demonstrated a commitment to pursuing the possibilities of audio and long-form account journalism.”
Ira Glass talked about, “For years now, when folks quiz me to indicate a podcast, the first one I mention is ‘The Day-to-day.’ Effusively. Gushingly. It’s so impressive, how The Times jumped into audio journalism, and made a repeat that uses the medium so well. I also fancy how ‘The Day-to-day’ and the other Times podcasts are account journalism, like our repeat. They repeat stories, with characters and feeling, and, clearly, due to they’re The Times, a lucid prognosis of the area around us. I will’t imagine a bigger partner for the journalism we and ‘Serial’ accomplish than The Times, and watch forward to continuing to originate this tranquil-younger world of podcasting with them at our facet.”
As Serial Productions joins The Times, the crew plans to present a alternative of shows and series under The Times and Serial Productions banner. The principle, “Nice White Fogeys,” will raise listeners in conjunction with award-winning reporter Chana Joffe-Walt as she examines the position white households play in shaping public education. That you just would possibly perhaps additionally hear to the trailer tomorrow, with the first two episodes on hand on Thursday, July 30 on NYTimes.com or wherever you to find your podcasts.
“This American Existence” stays an impartial company and would possibly perhaps perhaps continue its weekly broadcasts on public radio and its podcast.
For more about The Times’s acquisition, our increasing audio portfolio and the methodology forward for our audio journalism, read a repeat on NYTCo.com/press from Dean Baquet, The Times’s govt editor, Meredith Kopit Levien, Sam Dolnick and Stephanie Preiss, The Times’s vice president for audio and TV.
LionTree Advisors LLC is acting as monetary advisor, Lauren Zalaznick as strategic advisor and Lowenstein Sandler is acting as ethical advisor to Serial and This American Existence. Morgan, Lewis & Bockius LLP and Davis Wright Tremaine LLP are acting as ethical advisors to The Times.
About The New York Times Company
The New York Times Company (NYSE: NYT) is a international media group devoted to improving society by growing, collecting and distributing fine quality recordsdata and recordsdata. The Company involves The New York Times, NYTimes.com and related properties. It’s identified globally for excellence in its journalism, and innovation in its print and digital storytelling and its enterprise model. Practice recordsdata regarding the corporate at @NYTimesPR.
About Serial Productions
With the free up of the first season of “Serial” in 2014, Serial Productions made “podcast” a family be aware and served as the launch pad for this day’s podcasting industry. Shaped by producers of “This American Existence,” Serial Productions has produced the most listened-to podcasts on this planet, with more than 625 million downloads all the contrivance in which through three seasons of the Serial podcast and its other hit podcast, “S-City.” Identified for every its essential and commercial success, Serial Productions makes a speciality of highly-produced and narratively difficult storytelling. Serial shows contain won simply about every fundamental award for broadcasting, including the duPont-Columbia, Scripps Howard, Edward R. Murrow, and the first-ever Peabody awarded to a podcast.
About “This American Existence”
Based in 1995 by host and govt producer Ira Glass, “This American Existence” originated and popularized a form of account journalism that depends on compelling characters and emotional yarn arcs, with humor and shapely suggestions — all in a conversational tone. “This American Existence” invented a form of storytelling that’s widely credited with setting up the sound of contemporary podcasting. It’s also the most standard weekly podcast on this planet, with more than 2.8 million downloads per episode moreover to 2.2 million weekly listeners all the contrivance in which through 500 public radio stations. “This American Existence” won the first Pulitzer Prize for audio reporting in Can even simply 2020.
About “The Day-to-day”
Since its launch in February 2017, “The Day-to-day” has redefined what the knowledge sounds like. On any given weekday, the repeat is now downloaded more than three million cases, making it the most standard recordsdata podcast in the country. Hosted by Michael Barbaro and powered by The New York Times’s newsroom, “The Day-to-day” brings listeners the greatest stories of our time, urged by the simplest journalists on this planet. “The Day-to-day” used to be nominated for a Peabody Award in 2019 and won a duPont-Columbia University Award for audio excellence in 2017. “The Day-to-day” is carried by more than 200 public radio stations nationwide.
Just some of the statements incorporated on this press free up, including those with appreciate to the mix of this enterprise and strategic dreams, are forward-taking a watch statements that non-public dangers and uncertainties, and precise results would possibly perhaps perhaps perhaps differ materially from those predicted by such forward-taking a watch statements. These dangers and uncertainties encompass dangers detailed every so ceaselessly in The New York Times Company’s publicly filed documents, including its Annual Whisper on Create 10-Okay for the fiscal year ended December 29, 2019 and Quarterly Whisper on Create 10-Q for the fiscal quarter ended March 29, 2020. The New York Times Company undertakes no duty to publicly change any forward-taking a watch statement, whether as a results of present recordsdata, future occasions or in any other case.
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