Radio broadcaster and podcast firm Audacy is shuttering Pineapple Street Studios, which had produced authentic audio exhibits and companion podcasts for TV exhibits like “Home of the Dragon,” “Severance” and “The Final of Us.”
With the shutdown of Pineapple Avenue, almost 30 staff are being laid off, in line with sources accustomed to the corporate. Audacy, beforehand generally known as Entercom Communications, had acquired Pineapple Street for a reported $18 million in 2019.
An Audacy spokesperson stated in an announcement, “This troublesome choice aligns our assets with our core strengths and essentially the most promising progress areas for our podcasting enterprise. We’re sorry to say goodbye to gifted colleagues and are grateful for his or her contributions.”
Audacy filed for Chapter 11 chapter safety final 12 months because it appeared to cut back its debt load. The one-time publicly traded firm emerged from chapter in September 2024 below a brand new possession group led by controlling shareholder Soros Fund Administration. In March, Audacy carried out a broad spherical of layoffs, cutting about 200 employees across divisions.
Pineapple’s exhibits for TV networks included official podcasts for HBO and HBO Max collection “And Simply Like That…,” “Chernobyl,” “Dune: Prophecy,” “Hacks,” “Home of the Dragon” and “The Final of Us.” Its companion exhibits for Apple TV+ embrace podcasts for “Basis” and “Severance.” In response to its web site, Pineapple additionally offered a number of originals for TV and movie improvement, together with “Wind of Change” to Hulu, “Lacking Richard Simmons” to Amazon Studios, “Heaven’s Gate” to HBO Max and “The Clearing” to Chernin Leisure.
Audacy plans to proceed producing podcasts in affiliation with different media corporations. Pineapple Avenue had produced the primary two seasons of Apple TV+’s official “Severance” podcast. Going ahead, that’s now being produced by Audacy Podcasts, in partnership with Pink Hour and Nice Scott. 5 new episodes of “The Severance Podcast With Ben Stiller & Adam Scott” can be launched weekly on Thursdays starting June 26, obtainable throughout all podcast platforms. As well as, a set of latest episodes is slated to be launched within the fall of 2025.
In response to the Pineapple Avenue Studios website, the corporate was based in 2016 by Jenna Weiss-Berman and Max Linsky. The studio has employees based mostly in Brooklyn, Los Angeles and Atlanta.
In March, Audacy named Kelli Turner its permanent president and CEO whereas additionally asserting the departure of 4 high execs.
The shutdown of Pineapple Avenue was first reported by Bloomberg.
