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Vox Media

Vox Media is expanding its partnership with Stitcher, one of the biggest end-to-end podcast companies, to produce a new technology news podcast from Recode as part of a multi-million dollar deal.

Why it matters: It's part of Vox's Media bigger effort to grow a standalone podcast network and business, as opposed to producing one-off podcasts for distribution.

“Our podcast strategy mirrors exactly what we’re doing with television. We’re building a studio, scaling deals, competing with major studios to supply the modern programming ecosystem.”
— Vox Media President Marty Moe

About the show: The new show, which has yet to be named, will focus on the business of technology from a broader lens, covering issues like the future of privacy, the impact of artificial intelligence and the impact of big tech companies on the economy.

  • “The core idea is to take what Recode is good at, which is digging into the heart of the intersection of tech and business, and make accessible to broader audience,” says Stitcher CEO Erik Diehn.

The details: The show will feature a to-be-hired host, and produced by a new team with backing and support from Stitcher. The show will air three times weekly beginning this summer, with each episode slated to run 25-30 minutes.

  • The host and team will be headquartered in New York. Stitcher will be responsible for selling ads for the new show, but revenue will be shared.
  • Allison Rockey, Executive Editor and Director of Editorial Strategy at Vox Media, says the new show will include reporters from Recode and Vox Media, as well as outside reporters, experts and guests.

By the numbers: Vox Media’s revenue from podcast advertising tripled year over year and is on pace to more than double again this year, according to Vox Media President Marty Moe. Moe says Vox Media’s podcast business is an eight figure business. The amount of podcasts in its portfolio has tripled from 25 active shows in 2017 to over 75 in 2018.

The big picture: Today marks the one-year anniversary of Vox's daily news podcast, “Today, Explained,” which was similarly launched in partnership with Stitcher.

What's next: Vox Media will be unveiling a new website to showcase all of Vox Media's podcasts, hosts, events, and advertising opportunities in one spot.

Go deeper

Neera Tanden withdraws nomination for Office of Management and Budget director

Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget after several senators voiced opposition and concern about her qualifications and past combative tweets, President Biden announced Tuesday.

Why it matters: Tanden’s decision to pull her nomination marks Biden's first setback in filling out his Cabinet with a thin Democratic majority in the Senate.

What's ahead for the newest female CEOs

Jane Fraser (L) and Rosalind Brewer. Photos: Jason Redmond/AFP via Getty Images; Rodrigo Capote/Bloomberg via Getty Images.

The number of women at the helm of America’s biggest companies pales in comparison to men, but is newly growing — and their tasks are huge.

What's going on: Jane Fraser took over at Citigroup this week, the first woman to ever lead a major U.S. bank. Rosalind Brewer will take the reins at Walgreens in the coming weeks (March 15) — a company that's been run by white men for more than a century.

3 hours ago - Health

Biden says U.S. will have enough vaccines for 300 million adults by end of May

President Biden. Photo: Anna Moneymaker-Pool/Getty Images

President Biden on Tuesday said that ramped-up coronavirus vaccine production will provide enough doses for 300 million Americans by the end May.

Why it matters: That's two months sooner than Biden's previous promise of enough vaccines for all American adults by the end of July.