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Sources: SiriusXM is near a deal to buy Stitcher's podcasting unit from Scripps for around $300M

Anne Steele / Wall Street Journal :

Wall Street Journal Anne Steele

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Discussion

  • @donlday @donlday on x
    EW Scripps, which owns channel 6, took a pair of investments valued at $55 million in 2016 and turned them into $300 million in four years. https://www.wsj.com/...
  • @brianroemmele Brian Roemmele on x
    This is a massive shift for @SirusXM as they move to a fully Independent #VoiceFirst platform with direct satellite access. Do not be surprised where this all winds up. Who will acquire @SirusXM? https://twitter.com/...
  • @richlightshed Rich Greenfield on x
    Remember @gregmaffei at Liberty's 2019 Analyst Day said audio was the big category to focus on in the year ahead @BrandoLightShed $SIRI https://twitter.com/...