This article assesses the role of the audience in securitization theory. The main argument is that in order to accurately capture the role of the securitization audience, it must be theorized as an active agent, capable of having a meaningful effect on the intersubjective construction of security values. Through a meta-synthesis of 32 empirical studies of securitization, this article focuses on two central questions: (1) Who is the audience? (2) How does the audience engage in the construction of security? When assessed against the theoretical works on securitization, this analysis reveals that the manner in which the audience is defined and characterized within securitization theory differs with the empirical literature that investigates securitization processes. Where the empirical literature suggests securitization is a highly intersubjective process involving active audiences, securitization theory characterizes audiences as agents without agency, thereby marginalizing the theory’s intersubjective nature. This article sketches a new characterization of the securitization audience and outlines a framework for securitizing actor–audience interaction that better accounts for securitization theory’s linguistic and intersubjective character, addresses this theoretical/empirical conflict, and improves our understanding of how groups select and justify security priorities and costly security policies.

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