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SiriusXM buys Simplecast, pairs it with AdsWizz and connects it to Pandora

SiriusXM is hitting the nets this morning with a smart acquisition. The satellite radio and digital audio holding company is buying podcast host Simplecast. That’s the short story. The bigger picture is a full-on podcast distribution and monetization system for podcast creators at all levels.

Simplecast has built its reputation on simplifying the sometimes complex and baffling process of distributing a podcast — creating an RSS feed and getting it into listening platforms like Apple Podcasts, Spotify, Google Podcasts, Stitcher and many others. Most hosts simplify some of that heavy lifting, or provide instruction, but Simplecast reinforces its brand mission with “one-click publishing” and playfully refers to “magic” in the process.

While SiriusXM owns the official press release of its acquisition (HERE), we also received PR from AdsWizz (HERE), which is part of SiriusXM via its direct parent company, Pandora. This acquisition represents an important piece of an ecosystem puzzle, by adding podcast hosting to AdsWizz’s existing advertising technology and ad marketplace.

Here is how AdsWizz explains it:

The bundling of creators, advertisers, listeners and technology makes a complete podcast business engine. It resembles Spotify to some extent — in the modeling if not in scale. And this model is not even considering SiriusXM-owned radio content. Even with that it doesn’t match Spotify’s reach. Still, Sirius is an impressive behemoth which makes smart, forward-looking acquisitions.

 

 

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