Less than a month after picking up Simplecast for its podcast distribution and analytics tools, SiriusXM today is announcing an even bigger acquisition to raise its game in the realm of streamed spoken-word content. The satellite radio company said it has reached a deal to acquire Stitcher from E.W. Scripps for $325 million, a return of more than double Scripps’ investment in podcasting, the companies reported this morning.

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BING NEWS:
  • Berkshire Buys More Liberty SiriusXM Stock, Now Owns $2.5 Billion of Tracker
    Berkshire Hathaway continued to add in recent days to its stake in Liberty SiriusXM, the tracking stock for Sirius XM Holdings, and now holds a $2.5 billion interest in the tracker for the ...
    03/26/2024 - 1:19 am | View Link
  • SiriusXM Hires Sarah van Mosel, Former Stitcher and iHeartMedia Exec, as SVP of Podcast Strategy
    It's a return to SiriusXM for van Mosel, who previously served as chief revenue office at its subsidiary Stitcher ... agreement worth more than $100 million with SmartLess Media and its three ...
    02/29/2024 - 5:36 am | View Link
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