TCG to acquire a minority stake in Audiochuck for $40m.

TCG, an investment firm focused on private equity investments in media, agreed to acquire a minority stake in Audiochuck, a media company, for $40m. "Ashley and the remarkable Audiochuck team have built a world-class company and brand at the forefront of the future of media. The next great media businesses are being built with personalities at the core and being built with personalities at the core and by distributing content across podcasts, social, digital video and live events. Ashley and Audiochuck check all the boxes of what a successful media company will look like moving forward. And, we love that they do it all from Indianapolis. Audiochuck has the full support of TCG and we are honored to be their first and only outside investor," Jesse Jacobs, TCG Founding Partner.