Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: The Athletic's Twitter

The Athletic, a subscription-based digital sports media company, is launching a multi-million dollar podcasting business. Over 20 exclusive, ad-free podcasts will debut behind the company's subscription paywall on its app and website on Tuesday. The podcasts will be produced in-house by a team of 12 new hires.

Why it matters: The sports podcasting space has become more crowded over the past few years, with digital upstarts like Barstool Sports, The Ringer and SB Nation, in addition to TV sports giants like Fox Sports and ESPN, all launching new podcasts. The Athletic is hoping to differentiate itself by focusing on quality, hyper-localized podcasts that live only behind a paywall.

Details: The Athletic is building a podcasting business from the ground up, launching both a front-end operation — with talent and producers to record the podcasts — as well as a back-end operation of engineers and audio specialists to manage the podcasts from the company's new podcast studio at its San Fransisco headquarters.

  • The programming strategy is to leverage The Athletic's 300+ sports reporters around the country and in Canada to create local and national podcasts, varying in topics and cadence. Most podcasts will range from 15-40 minutes long.
  • Some podcasts will focus on individual teams or cities, while others will focus on big topics, like sports and media, or the coverage of certain sports leagues.
  • The company has created several new podcasts, and has taken over the personal podcasts of some of its biggest stars. It's also begun acquiring podcasts, like "The Daily Ding" and "Birds All Day," and hopes to add more podcasts in the coming months.
  • A full list of debut programming is listed below.

The catch: The podcasts will only be available on The Athletic's owned and operated channels, and will not be accessible anywhere outside of its paywall, like on Spotify or Apple Music. The hope is that by keeping the podcasts behind a paywall, the company will be able to attract new segments of sports fans who engage with sports differently.

Yes, but: It's not a totally novel idea. SB Nation launched 32 NFL team-focused podcasts in November as a part of a bigger local podcasting push. David Locke, a radio host in Utah covering the Jazz, launched the Locked On network in 2016, which publishes hundreds of local sports podcasts weekly.

  • The Athletic is hoping that its hundreds of full-time reporters in nearly 50 local markets will set it apart.
  • "The Athletic is uniquely positioned to bring professional polish to local podcasts given our subscriber base and business model," says Alex Mather, CEO and founder of The Athletic. "Advertising dollars and local podcasts haven’t gone hand-in-hand, given local’s naturally smaller audiences. “

The big picture: The Athletic launched in 2016 as a direct-to-consumer subscription business, meaning all of its content is distributed directly to paying subscribers. It's since expanded its editorial team to include hundreds of top local and national sports reporters — talent it thinks it can leverage further via audio.

  • The news comes on the heels of the company's expansion into more local markets. In October, The Athletic raised $40 million as a part of its Series C fundraising round, which valued the company at roughly $200 million. The company says it has well over 100,000 paid subscribers.
  • "With our launch of podcasts, we have become so much more than a written-word product and we can now leverage our hundreds of local reporters to bring their unique storytelling and analysis to our subscribers in a whole new way," says Mather.

Featured shows at launch will include:

  • The Daily Ding with Dave Dufour, Big Wos, Travonne Edwards, and Zach Harper  (NBA)
  • The Opener with Jonah Keri (MLB)
  • The Breakout with Julie Stewart-Binks, Billy Jaffe, Craig Custance (NHL)
  • Birds All Day with Andrew Stoeten, Drew Fairservice (MLB)
  • Rates and Barrels with Eno Sarris, Derek Van Riper (Fantasy)
  • Warriors Plus-Minus with Marcus Thompson, Tim Kawakami (NBA)
  • Starkville with Jayson Stark and Doug Glanville (MLB)
  • Plus 15 more local podcasts in the Bay Area and Toronto (with more to come in additional markets)

Go deeper

Biden says he'll make Supreme Court pick by end of February

President Biden speaks on the retirement of Supreme Court Justice Stephen Breyer in the Roosevelt Room of the White House. Photo: Yuri Gripas/Abaca/Bloomberg via Getty Images

President Biden on Thursday said he will announce the nominee for Supreme Court Justice Stephen Breyer's replacement by the end of February.

Driving the news: Biden also affirmed that he will nominate a Black woman to replace Breyer, saying "it's long overdue."

Stephen Breyer formally announces retirement from Supreme Court

Photo: Andrew Harnik/AP

Justice Stephen Breyer on Thursday sent a letter to President Biden formally announcing his retirement from the Supreme Court.

State of play: Breyer said his retirement will take effect when the court "rises for the summer recess (typically late June or early July) assuming that by then my successor has been nominated and confirmed."

COVID created an epic U.S. trade gap

Chart: Axios Visuals. Data: Census Bureau/Bureau of Economic Analysis

The details of the blockbuster fourth quarter GDP report released Thursday morning tell a vivid story of how the underpinnings of the world economy have been reshaped by the pandemic.

One example: In the arithmetic around U.S. economic output, trade acted as a more severe drag last year than it has in a generation.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!