Audacy, Inc. (NYSE:AUD), the publicly traded radio and digital audio company, has hired bankers as it looks to sell Cadence13, one of its two podcast studios, three sources familiar with the process told Axios. The company has hired Evolution Media Capital, a boutique investment firm that focuses on deals in sports, media and entertainment, to help shop the deal. Sources say the company has pitched the studio to most of the major audio giants.

While some partners have expressed interest in buying both Cadence13 and Pineapple Street Studios together, sources say Audacy has no plans to sell its other podcast assets.