Podcast platform RadioPublic announced that public media company WGBH is now an investor. The company led a strategic investment that also included Companyon Capital, former Groupon CEO Andrew Mason, and Third Sector Capital founder George Overholser. RadioPublic has raised $2.8 million in seed financing to date.
“WGBH is committed to finding innovative models that benefit audiences and stations, helping public media successfully address the evolving media landscape and fulfill our public service mission in new ways,” said Ben Godley, COO and president of WGBH Business Services. “RadioPublic is at the vanguard of radio’s transformation into a mobile, on-demand future, and we are proud partners in helping take it to scale.”
RadioPublic launched with support from founding partner PRX and the ambitious goal of becoming a universal podcast platform. In sharing the investment news, CEO Jake Shapiro said the operation will “help public media enlist passionate podcast listeners to discover, support and sustain journalism and educational content so vital to our society.”