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| Formerly | DGital Media Inc. |
|---|---|
| Company type | Subsidiary |
| Industry | |
| Founded | 2015; 11 years ago (2015) |
| Defunct | 2024; 2 years ago (2024) |
| Fate | Closed byAudacy |
| Headquarters | , United States |
Number of locations | 3 |
Key people | |
| Products | Develop, distribute and monetize podcasts |
Number of employees | 56 |
| Parent | Audacy, Inc. |
| Website | cadence13 |
Cadence13 (formerlyDGital Media Inc.) was a media company based inNew York City that created, distributed, and monetized audio content, primarilypodcasts. The company was founded in 2015 and was a division ofAudacy, Inc.[1][2] The company was helmed by chief executive officer Spencer Brown,[3] Chief Content Officer Chris Corcoran[4] and President John Murphy.[5] It was a major podcasting network and has produced podcasts for actorJoseph Gordon-Levitt, reality starLauren Conrad, journalistNeil Strauss, and authorRachel Hollis.[6][7] Cadence13 had partnerships with several other companies, includingGoop,Crooked Media, and Tenderfoot TV.[1]
David Landau and Spencer Brown worked together as co-CEOs forWestwood One and in 2015 founded Cadence13 as DGital Media, alongsideventure capitalist Michael Rolnick.[8] In 2017,Entercom purchased a 45 percent stake in DGital Media for $9.7 million.[8]
In 2018, Cadence13 teamed up with theUnited Talent Agency to create Ramble, the "first podcast network devoted exclusively to online creators".[9]
In April 2019, Cadence13 announced that it would be starting C13Originals, under which the company would release several new podcast shows featuring unscripted audio stories.[1] The first C13Originals show released wasGangster Capitalism.[10][1] In July 2019, a partnership was announced between Cadence13 andNielsen Holdings, with Cadence13 being one of the first few companies under the Nielsen Podcast Listener Buying Power Service.[11] On August 7, 2019, it was announced that broadcasting companyEntercom had entered into an agreement with Cadence13 and Pineapple Street Media to acquire the companies.[12]
Cadence13 was named one ofFast Company's "World's Most Innovative Companies for 2019".[13]
In March 2020, Cadence13 announced that they would be launching a podcast with former presidential candidateAndrew Yang, titledYang Speaks.[14]
In early January 2024, it was announced that their parent company Audacy would be preparing to file for bankruptcy within the upcoming weeks. On January 7, 2024, Audacy filed forChapter 11 bankruptcy protection. As part of the bankruptcy reorganization, Audacy has made a deal with its creditors to transfer control to them while cutting approximately $1.6 billion of its debt.[15]
On March 21, 2024, Audacy announced it would be reorganizing its podcast division under the new branding of Audacy Podcasts. As part of the move, the company will be sunsetting the brand name of Cadence13 and moving the staff and content under the Audacy Podcasts umbrella. The reorganization comes as part of Audacy’s plan to emerge from Chapter 11 bankruptcy.[16]
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