SiriusXM Acquires Stitcher Podcast Platform 🎧
SiriusXM has announced they be acquiring Stitcher, a media company that specializes in the creation, distribution, and monetization of podcasts, for $325 million. Alex discusses the acquisition and breaks down how this was a great move by E.W. Scripps, who purchased Stitcher in a 2016 $4.5 million cash deal.
This is an excerpt from episode 103 of Winner Take All. Watch the full episode here: youtu.be/mXPMXeXQRtQ
Originally Aired: 07/17/20
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