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Conan O’Brien Sells Podcast Business to SiriusXM for $150M
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Former NBC and TBS late-night host Conan O’Brien has sold his podcast and digital media
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business Team Coco to the satellite radio giant SiriusXM.
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O'Brien signed a five-year talent deal with SiriusXM as part of a $ 150 million acquisition,
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will also create a comedy channel for SiriusXM's flagship radio service.
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The deal includes his podcasts and deep night shows
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As well as some video content from live events and merchandise.
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Podcasts have become some of the hottest acquisition targets in Hollywood, with companies like Amazon, Spotify, Apple.