Dave Chappelle Invests in Podcast Startup Luminary

  • Rishi Malhotra takes over as chief executive of service
  • Chappelle names civil rights activist to company board

Dave Chappelle

Photographer: Sean Rayford/Getty Images

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Luminary Media LLC, the subscription podcast company behind Dave Chappelle’s “The Midnight Miracle,” named a new chief executive officer and announced an investment from Chappelle’s Pilot Boy Productions.

Rishi Malhotra, co-founder of streaming audio app JioSaavn and a former vice president at HBO, is taking over for Simon Sutton, who has served as CEO since 2019. Sutton will remain on the board.