Internal memo: SiriusXM plans to shut down its Stitcher podcast app on August 29 and move subscribers to its flagship SXM app, where podcasts will include ads
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue
spotify, apple, and iheart. We haven't heard their strategy yet. Sirius has 33.7 mill subscribers. what percentage already listen to podcasts? Dave Zatz / @davezatz : ~$300m used to be a lot of money....
SiriusXM will buy E.W. Scripps' podcast network and producer unit Stitcher for $325M; Scripps says Stitcher had $72.5M in 2019 revenue
According to E.W. Scripps, the $325 million price tag represents a return of more than 100% in its investment in podcasting over the last five years.
Sources: SiriusXM is near a deal to buy Stitcher's podcasting unit from Scripps for around $300M
Anne Steele / Wall Street Journal :
E.W. Scripps Co. buys podcast streaming app Stitcher from Deezer for $4.5M
Podcast app will operate under Scripps' Midroll Media unit after $4.5 million acquisition — Media company E.W. Scripps Co. has continued its push into podcasting with the acquisition of Stitcher for...