Marketplace (radio program)

{{short description|American radio program}}

{{Use mdy dates|date=April 2023}}

{{other uses|Marketplace (disambiguation)}}

{{Infobox radio show

| show_name = Marketplace

| image = Marketplace Logo.png

| imagesize = 150px

| runtime = Marketplace: 30 min
Marketplace Morning Report: 7{{frac|1|2}} min

| country = United States

| language = English

| syndicates = American Public Media

| presenter = {{ubl|Kai Ryssdal|David Brancaccio}}

| creator = Jim Russell

| exec_producer = Deborah Clark

| producer = {{ubl|Sitara Nieves (Marketplace)|Nicole Childers (Marketplace Morning Report)}}

| editor = {{ubl|John Buckley|Betsy Streisand}}

| record_location = Los Angeles, California

| first_aired = {{Start date|1989|01|02}}

| last_aired = present

| audio_format = Stereo

| opentheme = B. J. Leiderman{{cite web | url=https://www.npr.org/people/2100788/bj-leiderman | title=BJ Leiderman, NPR Biography | publisher=NPR | access-date=April 25, 2007 | archive-date=November 20, 2010 | archive-url=https://web.archive.org/web/20101120234645/http://www.npr.org/people/2100788/bj-leiderman | url-status=live }} (composer)

| othertheme = "Stormy Weather", "We're in the Money", "It Don't Mean a Thing", "Loud Pipes"

| website = {{URL|https://www.marketplace.org/}}

| podcast = [https://www.marketplace.org/podcasts Podcasts]

}}

Marketplace is an American radio program that focuses on business, the economy, and events that influence them. The program was first broadcast on January 2, 1989. Hosted by Kai Ryssdal since 2005, the show is produced and distributed by American Public Media. Marketplace is produced in Los Angeles with bureaus in New York, Washington, D.C., Portland, Baltimore, London, and Shanghai. It won a Peabody Award in 2000.[http://www.peabodyawards.com/award-profile/marketplace 60th Annual Peabody Awards] {{Webarchive|url=https://web.archive.org/web/20240519134415/https://peabodyawards.com/award-profile/marketplace/ |date=May 19, 2024 }}, 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, which airs on many public radio stations during the last segment of the NPR program Morning Edition. 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.{{cite news | url=http://www.programdoctor.com/ | title=The Program Doctor | publisher=Jim Russell Productions | access-date=April 25, 2007 | archive-date=October 6, 2007 | archive-url=https://web.archive.org/web/20071006030427/http://www.programdoctor.com/ | url-status=live }}{{cite web| url =http://savvytraveler.publicradio.org/about/bios/russell.shtml| title =Jim Russell General Manager, Marketplace Productions| website =They Savvy Traveler| access-date =April 22, 2016| archive-date =June 2, 2016| archive-url =https://web.archive.org/web/20160602101703/http://savvytraveler.publicradio.org/about/bios/russell.shtml| url-status =live}}{{cite web| url =http://savvytraveler.publicradio.org/about/bios/yore.shtml| title =J.J. Yore Executive Producer, Marketplace Radio| website =The Savvy Traveler| access-date =April 22, 2016| archive-date =June 2, 2016| archive-url =https://web.archive.org/web/20160602094846/http://savvytraveler.publicradio.org/about/bios/yore.shtml| url-status =live}}{{cite web| url =http://access.minnesota.publicradio.org/features/0004_mktplc/mktplace_overview.shtml| title =Marketplace: An Overview| website =Minnesota Public Radio| access-date =April 22, 2016| archive-date =April 3, 2016| archive-url =https://web.archive.org/web/20160403075437/http://access.minnesota.publicradio.org/features/0004_mktplc/mktplace_overview.shtml| url-status =live}} It was initially affiliated with KLON-FM at Cal State—Long Beach and distributed by American Public Radio, later renamed Public Radio International.{{cite web| url =https://news.usc.edu/9462/Marketplace-A-Decade-of-Business-News-Not-as-Usual/| title =Marketplace: A Decade of Business News Not as Usual| last =Newton| first =Ed| date =January 18, 1999| website =USC News| access-date =April 22, 2016| archive-date =April 25, 2016| archive-url =https://web.archive.org/web/20160425143112/https://news.usc.edu/9462/Marketplace-A-Decade-of-Business-News-Not-as-Usual/| url-status =live}}{{Cite news| issn = 0362-4331| last = McGill| first = Douglas C.| title = THE MEDIA BUSINESS; Public Radio Begins Business Program| work = The New York Times| access-date = April 10, 2019| date = January 2, 1989| url = https://www.nytimes.com/1989/01/02/business/the-media-business-public-radio-begins-business-program.html| archive-date = April 10, 2019| archive-url = https://web.archive.org/web/20190410143400/https://www.nytimes.com/1989/01/02/business/the-media-business-public-radio-begins-business-program.html| url-status = live}} 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 (USC), which acquired the show, and later, in 1990, with the underwriting of General Electric. 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.{{cite web| url = http://www.prnewswire.com/news-releases/minnesota-public-radio-acquires-marketplace-productions-72618767.html| title = Minnesota Public Radio Acquires Marketplace Productions| date = April 14, 2000| website = PR Newswire| access-date = April 22, 2016| archive-date = May 9, 2016| archive-url = https://web.archive.org/web/20160509075458/http://www.prnewswire.com/news-releases/minnesota-public-radio-acquires-marketplace-productions-72618767.html| url-status = live}} This acquisition was the subject of a lawsuit by Public Radio International, which said it had not given its contractually required approval for the sale.{{cite web| url =http://current.org/files/archive-site/rad/rad008pri.html| title =PRI risks lawsuit with parent MPR over Marketplace| last =Behrens| first =Steve| date =May 1, 2000| website =Current| access-date =April 22, 2016| url-status =dead| archive-url =https://web.archive.org/web/20160601034912/http://current.org/files/archive-site/rad/rad008pri.html| archive-date =June 1, 2016}}

In 2004, American Public Media was founded as the production and distribution arm of MPR, and is currently the producer and distributor of Marketplace.{{cite web| url =http://www.bu.edu/news/2005/11/16/bill-kling-a-founding-director-of-npr-to-speak-at-com/| title =Founding Director of National Public Radio and President of American Public Media to Speak at Boston University| last =Deveney| first =Ann| date =November 21, 2005| website =Boston University Public Relations| access-date =April 22, 2016| archive-date =May 9, 2016| archive-url =https://web.archive.org/web/20160509161938/http://www.bu.edu/news/2005/11/16/bill-kling-a-founding-director-of-npr-to-speak-at-com/| url-status =live}}

Demographics

As of 2014, Marketplace{{'}}s programs reached upwards of 12 million listeners with an average income of $101,000.{{cite web| url =http://www.marketplace.org/about| title =SUPPORT US| website =Marketplace| access-date =April 25, 2016| quote =Data Source: Digital Research Inc. 2014 Marketplace Intent to Purchase Study| archive-date =April 20, 2016| archive-url =https://web.archive.org/web/20160420203359/http://www.marketplace.org/about| url-status =live}}

Companion programs

= ''Marketplace Morning Report'' =

The Marketplace Morning Report is a seven-minute, thirty-second broadcasts that replace the business news-oriented "E" segment of NPR's Morning Edition on subscribing public radio stations. The show has been hosted by David Brancaccio since 2013.{{Cite web |title=David Brancaccio |url=https://www.linkedin.com/in/david-brancaccio-7151284/ |access-date=April 5, 2023 |website=LinkedIn}} There are seven feeds of the Marketplace Morning Report from 5:51:30 a.m. ET to 11:51:30 a.m. ET, updated as news develops.{{Cite web |title=Broadcasts |url=https://www.americanpublicmedia.org/broadcast |access-date=April 5, 2023 |website=American Public Media |language=en-US |archive-date=April 4, 2023 |archive-url=https://web.archive.org/web/20230404151514/https://www.americanpublicmedia.org/broadcast |url-status=live }}

Because of the popularity of the Marketplace Morning Report, NPR struck a deal with APM to incorporate the segment into the second hour of Morning Edition, bringing the segment to all listeners, even if the station doesn't subscribe to Marketplace.{{cite web|url=https://www.npr.org/about-npr/325489884/npr-and-apm-bring-market-place-morning-report-to-all-morning-edition-listeners|title=NPR and APM Bring Marketplace Morning Report to All Morning Edition Listeners|website=NPR|access-date=July 14, 2015|archive-date=July 14, 2015|archive-url=https://web.archive.org/web/20150714225304/http://www.npr.org/about-npr/325489884/npr-and-apm-bring-market-place-morning-report-to-all-morning-edition-listeners|url-status=live}}

= Podcasts =

All two radio programs, Marketplace,{{cite web |title=Marketplace feed/podcast |url=https://marketplace.org/feed/podcast/marketplace/ |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 26, 2021 |archive-url=https://web.archive.org/web/20211126211539/https://www.marketplace.org/feed/podcast/marketplace/ |url-status=live }} and Marketplace Morning Report,{{cite web |title=Marketplace Morning Report feed/podcast |url=https://marketplace.org/feed/podcast/marketplace-morning-report/ |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 27, 2021 |archive-url=https://web.archive.org/web/20211127180706/https://marketplace.org/feed/podcast/marketplace-morning-report/ |url-status=live }} are made available as free podcasts. In 2015, Marketplace began to offer non-broadcast-only podcasts: Actuality (2015–2016 with Quartz),{{cite web |title=Actuality |url=https://feeds.publicradio.org/public_feeds/actuality-by-marketplace-and-quartz/npr/rss |website=feeds.publicradio.org |access-date=November 27, 2021 |archive-date=August 21, 2016 |archive-url=https://web.archive.org/web/20160821152309/http://feeds.publicradio.org/public_feeds/actuality-by-marketplace-and-quartz/npr/rss |url-status=live }}{{cite web| url =http://qz.com/426585/introducing-actuality-quartzs-new-podcast-with-marketplace/| title =Introducing "Actuality," Quartz's new podcast with Marketplace| last1 =Fernholz| first1 =Tim| last2 =Delaney| first2 =Kevin| date =June 12, 2015| website =Quartz| access-date =April 22, 2016| archive-date =April 9, 2016| archive-url =https://web.archive.org/web/20160409105436/http://qz.com/426585/introducing-actuality-quartzs-new-podcast-with-marketplace/| url-status =live}} Codebreaker,{{cite web| url =http://talkingbiznews.com/1/marketplace-tech-insider-joining-forces-on-codebreaker-podcast/| title ='Marketplace,' Tech Insider joining forces on 'Codebreaker' podcast| last =Roush| first =Chris| date =October 27, 2016| website =Talking Biz News| access-date =April 22, 2016| archive-date =May 7, 2016| archive-url =https://web.archive.org/web/20160507232019/http://talkingbiznews.com/1/marketplace-tech-insider-joining-forces-on-codebreaker-podcast/| url-status =live}} and Corner Office.{{cite web| url =http://www.marketplace.org/2015/06/26/business/corner-office-marketplace/new-podcast-corner-office-marketplace| title =A new podcast: Corner Office from Marketplace| last =Ryssdal| first =Kai| date =June 26, 2015| website =Marketplace| access-date =April 22, 2016| archive-date =May 4, 2016| archive-url =https://web.archive.org/web/20160504223746/http://www.marketplace.org/2015/06/26/business/corner-office-marketplace/new-podcast-corner-office-marketplace| url-status =live}} In 2016, The Uncertain Hour{{cite web| url = http://www.marketplace.org/topics/uncertain-hour| title = Introducing 'The Uncertain Hour'| date = March 7, 2016| website = Marketplace| access-date = April 25, 2016| archive-date = November 19, 2018| archive-url = https://web.archive.org/web/20181119071746/https://www.marketplace.org/topics/uncertain-hour| url-status = dead}} and Make Me Smart {{cite web| url = https://www.marketplace.org/2016/11/28/economy/introducing-make-me-smart-kai-and-molly| title = Introducing 'Make Me Smart with Kai and Molly'| date = November 28, 2016| website = Marketplace| access-date = April 3, 2018| archive-date = February 14, 2018| archive-url = https://web.archive.org/web/20180214073248/https://www.marketplace.org/2016/11/28/economy/introducing-make-me-smart-kai-and-molly| url-status = live}} 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;{{cite web |title=The Uncertain Hour feed/podcast |url=https://marketplace.org/feed/podcast/the-uncertain-hour/ |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 27, 2021 |archive-url=https://web.archive.org/web/20211127180707/https://marketplace.org/feed/podcast/the-uncertain-hour/ |url-status=live }} This Is Uncomfortable, hosted by Reema Khrais;{{cite web |title=This Is Uncomfortable feed/podcast |url=https://www.marketplace.org/feed/podcast/this-is-uncomfortable-reema-khrais |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 27, 2021 |archive-url=https://web.archive.org/web/20211127180708/https://www.marketplace.org/feed/podcast/this-is-uncomfortable-reema-khrais |url-status=live }} Million Bazillion,{{cite web |title=Million Bazillion feed/podcast |url=https://www.marketplace.org/feed/podcast/million-bazillion |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 27, 2021 |archive-url=https://web.archive.org/web/20211127180709/https://www.marketplace.org/feed/podcast/million-bazillion |url-status=live }} hosted by Bridget Bodnar and Ryan Perez; and How We Survive.{{cite web |title=How We Survive feed/podcast |url=https://www.marketplace.org/feed/podcast/how-we-survive |website=marketplace.org |access-date=November 27, 2021 |archive-date=November 27, 2021 |archive-url=https://web.archive.org/web/20211127180707/https://www.marketplace.org/feed/podcast/how-we-survive |url-status=live }}

= Discontinued programs =

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.{{cite web|url=http://news.apmstations.org/2014/04/09/marketplace-weekend-launches-june-28/|title=Marketplace Weekend launches June 28|access-date=October 13, 2014|archive-date=April 13, 2014|archive-url=https://web.archive.org/web/20140413123633/http://news.apmstations.org/2014/04/09/marketplace-weekend-launches-june-28/|url-status=live}} Marketplace Weekend was cancelled in 2018.{{Cite web| title = A note about Marketplace Weekend| date = May 16, 2018| access-date = March 9, 2019| url = http://www.marketplace.org/2018/05/16/your-money/note-about-marketplace-weekend| archive-date = May 19, 2024| archive-url = https://web.archive.org/web/20240519134415/https://www.marketplace.org/2018/05/16/your-money/note-about-marketplace-weekend/| url-status = live}} The Marketplace Minute Morning Brief was cancelled on June 30, 2023. The remaining Marketplace Minute programs (Marketplace Minute Midday and Marketplace Minute Closing Bell) were cancelled on July 12, 2024.{{Cite web |title=APM Distribution :: NEWS :: MARKETPLACE MINUTE |url=https://www.apmdistribution.org/news/marketplace/minute/ |access-date=2024-12-30 |website=www.apmdistribution.org}}

Awards

Marketplace has been the recipient of multiple awards, including:{{cite web| url =http://www.marketplace.org/awards| title =Marketplace's Awards and Honors| website =Marketplace| access-date =April 22, 2016| archive-date =October 7, 2016| archive-url =https://web.archive.org/web/20161007121503/http://www.marketplace.org/awards| url-status =dead}}

  • Emmy (2013): Big Sky, Big Money{{cite web|url=http://emmyonline.com/news_34th_winners |title=Winners Announced for the 34th Annual News and Documentary Emmy Awards |date=October 1, 2013 |publisher=The National Academy of Television Arts and Sciences |access-date=April 22, 2016 |url-status=dead |archive-url=https://web.archive.org/web/20150331051214/http://emmyonline.com/news_34th_winners |archive-date=March 31, 2015 }}
  • Edward R. Murrow Prize (2012): The Chinese Student Syndrome{{cite web| url =http://www.rtdna.org/content/2012_national_winners| title =2012 National Winners| publisher =Radio Television and Digital News Association| access-date =April 22, 2016| archive-date =April 11, 2016| archive-url =https://web.archive.org/web/20160411041747/http://www.rtdna.org/content/2012_national_winners| url-status =live}}
  • National Headliner Award (2007): Labor Shortage{{cite web| url =http://www.headlinerawards.org/2007-broadcast/| title =2007 – TV/Radio| publisher =National Headliner Awards| access-date =April 22, 2016| archive-date =April 15, 2016| archive-url =https://web.archive.org/web/20160415094107/http://www.headlinerawards.org/2007-broadcast/| url-status =live}}
  • Peabody Award (2000): Radio{{cite web| url =http://www.peabodyawards.com/award-profile/marketplace| title =Marketplace (Public Radio International)| publisher =Peabody| access-date =April 22, 2016| archive-date =March 4, 2016| archive-url =https://web.archive.org/web/20160304061916/http://www.peabodyawards.com/award-profile/marketplace| url-status =live}}

Staff

= Hosts =

  • Kai RyssdalMarketplace, Corner Office, Make Me Smart
  • David BrancaccioMarketplace Morning Report
  • Kimberly Adams and Kai Ryssdal – Make Me Smart
  • Krissy Clark – The Uncertain Hour
  • Leanna Byrne – 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 (1993–2003)
  • Jim Angle (1990–1993)
  • Michael Creedman{{Cite news|date=December 30, 1988|title=Marketplace Debut|newspaper=The San Bernardino County Sun|page=28|url=https://www.newspapers.com/clip/20536721/marketplace-debut/|access-date=January 12, 2022|archive-date=January 12, 2022|archive-url=https://web.archive.org/web/20220112035608/https://www.newspapers.com/clip/20536721/marketplace-debut/|url-status=live}} (1989–1990)

References

{{Reflist}}