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''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 tr ...
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, Washington, D.C., Portland,
Baltimore Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was ...
,
London London is the capital and List of urban areas in the United Kingdom, 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 dow ...
, and
Shanghai Shanghai (; , , Standard Chinese, Standard Mandarin pronunciation: ) is one of the four Direct-administered municipalities of China, direct-administered municipalities of the China, People's Republic of China (PRC). The city is located on the ...
. 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 Morning Report'' and the PBS newsmagazine ''Now''. Biography Early years Brancaccio w ...
, 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 A ...
''. 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 , mottoeng = "Let whoever earns the palm bear it" , religious_affiliation = Nonsectarian—historically Methodist , established = , accreditation = WSCUC , type = Private research university , academic_affiliations = , endowment = $8.1 ...
(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 ene ...
. 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 programmi ...
, 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 ''
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 A ...
'' 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'' *
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 ...
(2000): Radio


Staff


Hosts

*
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. ...
– ''Marketplace'', ''Corner Office'', ''Make Me Smart'' *
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 Morning Report'' and the PBS newsmagazine ''Now''. Biography Early years Brancaccio w ...
– ''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) *
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 Morning Report'' and the PBS newsmagazine ''Now''. Biography Early years Brancaccio w ...
(1993–2003) * Jim Angle (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