Similar Stories to Conan O'brien Just Sold His Podcast Network To Siriusxm For A Reported $150 Million, But His Hit Show Will Still Be Available El on Bing News

insider@insider.com (Ben Gilbert), Business Insider
Mon, 05/23/2022 - 7:44am

Late-night talk-show host turned podcaster Conan O'Brien.Cindy Ord/Getty Images for SiriusXM SiriusXM is acquiring Conan O'Brien's podcast network, Team Coco, for a reported $150 million. His marquee podcast, "Conan O'Brien Needs a Friend," will remain on all podcast services. The various other podcasts in the Team Coco network are also being acquired by SiriusXM in the deal. Former late-night talk-show host turned hit podcast host Conan O'Brien is selling his production company, Team Coco, and its podcasts to SiriusXM in a deal sources tell the Wall Street Journal is worth $150 million.O'Brien will executive-produce a new Team Coco comedy channel on the satellite-radio service, SiriusXM said in a press release on Monday morning, but the hit podcast "Conan O'Brien Needs a Friend" will remain on the streaming services where it's currently available.The deal includes a guarantee that O'Brien will remain with the company for the next five years.Conan O'Brien is a longtime fixture in American comedy, from his influential role as a writer on "The Simpsons" and "Saturday Night Live" to his decades hosting late-night talk shows on NBC and TBS.The podcast he hosts, "Conan O'Brien Needs a Friend," features lengthy interviews with celebrities.

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