SiriusXM confirm acquisition of podcast platform Stitcher for $325m

After reports last week from the Wall Street Journal, SiriusXM confirm a deal with Stitcher for $25m more than initially expected. Originally owned by Deezer, Stitcher was sold to E.W Scripps in 2016 for $4.5m….

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…