''Marketplace'' is an American

radio Radio is the technology of signaling and communicating using radio waves. Radio waves are electromagnetic waves of frequency between 30 hertz (Hz) and 300 gigahertz (GHz). They are generated by an electronic device called a transmit ...

program that focuses on business, the economy, and events that influence them. The program was first broadcast in 1989. Hosted by

Kai Ryssdal Kai Ryssdal (; born October 8, 1963) is an American radio journalist and the host of ''Marketplace'', a business program that airs weekdays on U.S. public radio stations. He also co-hosts the spinoff podcast ''Make Me Smart'' with Kimberly Adams. ...

since 2005, the show is produced and distributed by American Public Media. Marketplace is produced in

Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

with bureaus in

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

Portland Portland most commonly refers to: * Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States * Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...

Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, and

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...

. It won a

Peabody Award The George Foster Peabody Awards (or simply Peabody Awards or the Peabodys) program, named for the American businessman and philanthropist George Peabody, honor the most powerful, enlightening, and invigorating stories in television, radio, and ...

in 2000.60th Annual Peabody Awards
May 2001. Besides the flagship daytime half-hour program, Marketplace also produces a companion show, the seven-and-a-half-minute-long ''Marketplace Morning Report'', hosted by

David Brancaccio David A. Brancaccio (; born May 17, 1960) is an American radio and television journalist. He is the host of the public radio business program ''Marketplace (radio program), Marketplace Morning Report'' and the PBS newsmagazine ''Now on PBS, Now' ...

, which airs on many public radio stations during the last segment of the NPR program ''

Morning Edition ''Morning Edition'' is an American radio news program produced and distributed by NPR. It airs weekday mornings (Monday through Friday) and runs for two hours, and many stations repeat one or both hours. The show feeds live from 5:00 to 9:00 AM ...

''. They also formerly produced a weekend version called ''Marketplace Weekend'' (formerly ''Marketplace Money'' and ''Sound Money''). The Marketplace team produces a number of podcasts, including ''Make Me Smart'', ''This Is Uncomfortable, The Uncertain Hour, How We Survive'', and ''Million Bazillion'', as well as podcast versions of the radio broadcast and extended podcasts built around regular segments from the radio show.

History

''Marketplace'' was founded in 1989 by James Russell in

Long Beach, California Long Beach is a city in Los Angeles County, California. It is the 42nd-most populous city in the United States, with a population of 466,742 as of 2020. A charter city, Long Beach is the seventh-most populous city in California. Incorporate ...

. It was initially affiliated with KLON-FM at Cal State—Long Beach and distributed by American Public Radio, later renamed Public Radio International. The show nearly ran out of funding its first year, which Russell described, saying, "We were within three days of laying off our small staff and closing down." The program survived through the help of the

University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in C ...

(USC), which acquired the show, and later, in 1990, with the underwriting of

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...

. USC became the only university in the U.S. at the time to produce a daily news program distributed nationally. In 2000, Minnesota Public Radio (MPR) acquired Marketplace Productions from USC. This acquisition was the subject of a lawsuit by

Public Radio International Public Radio International (PRI) was an American public radio organization. Headquartered in Minneapolis, Minnesota, PRI provided programming to over 850 public radio stations in the United States. PRI was one of the main providers of programm ...

, which said it had not given its contractually required approval for the sale. In 2004, American Public Media was founded as the production and distribution arm of MPR, and is currently the producer and distributor of ''Marketplace''.

Demographics

As of 2014, ''Marketplace''s programs reached upwards of 12 million listeners with an average income of $101,000.

Companion programs

A sister program, the ''Marketplace Morning Report'', offers seven unique seven-minute, thirty-second morning broadcasts that replace the business news-oriented "E" segment of NPR's ''

'' on many public radio stations. Since September 2014, ''Marketplace Morning Report'' has been incorporated into ''Morning Edition'' as a segment in the latter program's second hour. The ''Marketplace'' brand also took over the money advice program ''Sound Money'', which was renamed ''Marketplace Money'' in 2005, with content oriented toward a personal finance theme. The three shows share reporters and editorial staff. ''Marketplace Money'' was replaced with ''Marketplace Weekend'' in June 2014. ''Marketplace Weekend'' was cancelled in 2018.

Podcasts

All three radio programs, ''Marketplace'', ''Marketplace Morning Report'', and ''Marketplace Minute'' (with Westwood One) are made available as free podcasts. In 2015, ''Marketplace'' began to offer non-broadcast-only podcasts: ''Actuality'' (2015—2016 with

Quartz (publication) ''Quartz'' is an online news platform in English. It is focused on international business news. Quartz is privately held and was established in New York City in 2012. It is published in the United States with global business news and has specifi ...

), ''Codebreaker'', and ''Corner Office''. In 2016, ''The Uncertain Hour'' and ''Make Me Smart'' were added. Marketplace currently produces the following podcasts: ''Make Me Smart,'' hosted by Kimberly Adams and Kai Ryssdal, ''The Uncertain Hour,'' hosted by Krissy Clark, ''This Is Uncomfortable'', hosted by Reema Khrais ''Million Bazillion,'' hosted by Bridget Bodnar and Ryan Perez, and ''How We Survive.''

Awards

''Marketplace'' has been the recipient of multiple awards, including: *

Emmy The Emmy Awards, or Emmys, are an extensive range of awards for artistic and technical merit for the American and international television industry. A number of annual Emmy Award ceremonies are held throughout the calendar year, each with the ...

(2013): ''Big Sky, Big Money'' * Edward R. Murrow Prize (2012): ''The Chinese Student Syndrome'' * National Headliner Award (2007): ''Labor Shortage'' *

(2000): Radio

Staff

Hosts

– ''Marketplace'', ''Corner Office'', ''Make Me Smart'' *

– ''Marketplace Morning Report'' * Kimberly Adams – ''Make Me Smart'' * Krissy Clark – ''The Uncertain Hour'' * Victoria Craig – ''Marketplace Morning Report from the BBC World Service'' * Reema Khrais – ''This Is Uncomfortable''

Contributors

* Stephen Beard – Bureau Chief, London * Nancy Marshall-Genzer – Senior Reporter, Washington * Amy Scott – Correspondent, Baltimore * Jennifer Pak, Correspondent, Shanghai * Krissy Clark – Wealth and Poverty Senior Correspondent, Los Angeles * Andy Uhler – Reporter, Dallas * Mitchel Hartman – Correspondent, Portland * Sabri Ben-Achour – Reporter, New York *Meghan McCarty Carino – Workplace Culture Reporter, New York

Former lead anchors

* David Brown (2003–2005) *

(1993–2003) *

Jim Angle James Leslie Angle II (September 14, 1946 – February 9, 2022), known as Jim Angle, was an American journalist and television reporter for Fox News and ABC News. He was part of Fox News' inaugural reporting lineup when the channel was establis ...

(1990–1993) *Michael Creedman (1989–1990)

References

External links

* {{American Public Media 1989 radio programme debuts American Public Media programs Audio podcasts Business and finance podcasts Peabody Award-winning radio programs University of Southern California