SiriusXM Inks $325M Podcast Buy Led By Weil, BakerHostetler

Law360 (July 13, 2020, 12:19 PM EDT) -- SiriusXM will pay up to $325 million for the business behind podcasts including "Comedy Bang! Bang!" and "Conan O'Brien Needs a Friend," the companies said Monday, in a deal put together with help from Weil and BakerHostetler.

The transaction, rumored last week, sees Sirius XM Holdings Inc. picking up Stitcher Inc. from E.W. Scripps Co., according to a statement. Under the terms of the transaction, SiriusXM will make a cash payment at closing of $265 million, with an additional $60 million potentially coming later on if Stitcher achieves certain financial metrics.

The deal bolsters SiriusXM's portfolio of podcasts; according to the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!