SiriusXM to buy Stitcher for 67x more than Deezer sold it for in 2016

Satellite radio broadcaster SiriusXM are set to buy podcast app Stitcher for approximately $300m, after it was sold to E.W Scripps by Deezer for $4.5m in 2016. Stitcher provide over 100,000 audio news, sports and…

Apple acquires virtual reality startup NextVR

Apple have bought live sport, music and entertainment VR events host NextVR. It is unknown how much this cost Apple, but reports estimate around $100 million. NextVR work with companies such as Live Nation and…

Sony invests $400 million in Chinese streaming company Bilibili

Sony Corporation buys $400m stake in Bilibili, a Chinese platform offering mobile games, livestreaming and video/animation. Currently partially owned by Tencent and Alibaba, Sony invested 17.3 million shares in a 4.98% stake in the company,…