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Ashley Flowers’ audiochuck Media Receives $40 Million Minority Investment from TCG

02.26.25

Simpson Thacher represented Ashley Flowers and audiochuck Media, a true crime and mystery media company founded by Ashley Flowers, in connection with a $40 million minority investment in audiochuck by The Chernin Group (TCG).

Founded in 2017 by Ashley Flowers, audiochuck is an Indianapolis-based entertainment company that focuses on true crime and mystery storytelling and operates one of the largest podcast networks in the world. audiochuck’s flagship podcast, “Crime Junkie,” was the #2 overall podcast in 2024.  

The Chernin Group is a multi-stage investment firm that invests in creator-driven media brands and emerging media platforms.

The Simpson Thacher team included David Hernand, Julian Alsarhn and Logan Patrick Duffy (M&A); Jeannine McSweeney, Harry Hudesman and Warsame Elmi (Executive Compensation and Employee Benefits); Caroline Phillips (Tax); and Ron Ben-Yehuda (Intellectual Property).