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Audacy to close Pineapple Street

Jun 27, 2025
Audacy is shutting down Pineapple Street Studios, resulting in layoffs and highlighting ongoing consolidation in the industry. The closure follows Audacy's previous acquisitions and struggles, including its bankruptcy emergence. Meanwhile, Apple Podcasts celebrates twenty years by honoring twenty influential podcasts that showcase the creativity and connection vital to the medium. The landscape also sees innovations like Podcast One's crypto podcast network and insights into podcast growth in New Zealand, addressing the industry's evolving challenges and opportunities.
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INSIGHT

Audacy Shuts Pineapple Street

  • Audacy is shutting down Pineapple Street Studios, laying off nearly 30 employees after buying it in 2019 for $18 million.
  • Audacy itself emerged from bankruptcy earlier this year and is looking for a buyer, indicating significant financial restructuring.
INSIGHT

Audacy's Strategic Challenges

  • Audacy previously shut down Cadence13 and rebranded Podcorn to Audacy Creator Lab in early 2024.
  • Its purchase of Moonbeam appears to have failed, with the website sold to a company in Ukraine, showing challenges in diversification.
INSIGHT

Apple Honors Podcast Legacy

  • Apple Podcasts celebrates 20 years on iTunes with a list of 20 impactful podcasts.
  • This highlights podcasting's global creative impact and Apple's commitment to supporting creators and listeners.
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