Audiochuck, a leading podcast company in the true crime and mystery genre, has secured a $40 million investment from The Chernin Group to propel its growth and expansion plans. Founded in 2017 by Ashley Flowers, the host of the popular Crime Junkie podcast, this investment marks the first time Audiochuck has raised external funding. With this infusion of capital, Audiochuck aims to diversify its offerings and enhance its business operations as it enters a new phase of growth.
The true crime podcast space continues to grow, and Audiochuck plans to capitalize on this trend by increasing its programming and expanding its team. Crime Junkie, which was ranked as Apple Podcasts’ second most popular podcast of the year, showcases the potential of Flowers’ flagship show. Additionally, Audiochuck has a partnership with SiriusXM to further extend its reach.
Ashley Flowers expressed her enthusiasm for the partnership with TCG, emphasizing the company’s commitment to impactful storytelling and its dedication to addressing important social issues. TCG founding partner Jesse Jacobs praised Audiochuck for its cutting-edge approach to media and its strategic focus on personalities as the driving force behind success.
As a pioneering company in the podcasting industry, Audiochuck’s collaboration with TCG signals a bright future for the brand. TCG, known for its investments in media and entertainment ventures, recognizes the potential of Audiochuck as a key player in the evolving landscape of digital content creation. With TCG’s support, Audiochuck will continue to innovate and deliver compelling narratives across various platforms, establishing itself as a prominent force in the media industry.
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