Behemoth audio company iHeartMedia will buy leading digital audio technology provider Triton Digital from media juggernaut E.W.Scripps, exactly 28 months after Scripps acquired Triton. The deal further fortifies iHeart’s imposing array of audio production and monetization platforms across radio, streaming, and podcasting, while closing out Scripps’ short-lived deep dive into digital audio. History and perspective. Continue Reading
In a new demonstration of ART19’s history of using Stitcher as a fertile executive hunting ground, the podcasting technology and monetization company has hired David Murray as its new CFO. (Click through for a timeline of acquisitions and executives at Stitcher, Midroll, Scripps, ART19, and SiriusXM). Murray will help lead ART19’s expansion from pure SaaS business into a full-fledged media company. Continue Reading
The headline number is derived from the Q2 earnings report for E.W.Scripps, Stitcher’s parent company. Scripps has sold Stitcher to SiriusXM, in a deal planned for Q3 closing. Click through for details, quotes from the conference call, and our arithmetic. Continue Reading
What was previously a Rumor Fact(ory) item is today finalized and confirmed: SiriusXM is buying Stitcher from Scripps. We received press releases from both SiriusXM (via the PR office of subsidiary Pandora) and E.W.Scripps. From Scripps, the news is about that company’s profitable investment in Stitcher over five years. for sirius, the vision gets big, fast, and the company isn’t shy about claiming preeminence in podcasting. Continue Reading
E.W.Scripps, the media behemoth and parent company of Stitcher, is reported to be shopping the podcast company to potential buyers. Click through for a history of Scripps ownership, and how the Stitcher organization has changed during this time. Continue Reading
Stitcher, a top podcast network, enjoyed first-quarter revenue of $17.1-million, a 13% jump year-over-year from Q1 2019 ($15.1-million). (As a timely but random point of comparison, PodcastOne just sold to LiveXLive last week for $18-million.) Projecting across the year, it might be feasible to consider Stitcher a $68-million topline business. Continue Reading
E.W. Scripps released its third-quarter earnings report. The media company reported total revenue of $350 million, up from $303 million in the year-ago period. It posted a loss from continuing operations of $21.9 million, or 27 cents per share. Continue Reading
Podcast company Stitcher grew its revenue “nearly 40%” in a year, according to the first-quarter earnings call of parent company Scripps. The hit show Conan O’Brien Needs a Friend was called out. Continue Reading
In a startling revision of the podcasting executive lineup, Lex Friedman and Korri Kolesa have departed sales company Midroll Media and start today in new roles at podcast technology company ART19. We spoke with Sean Carr, ART19 CEO. Continue Reading
We are finding it interesting to observe the number of Executive Producer roles for podcasting are being opened and/or seeking candidates in podcasting. In the last week, two of the preeminent podcast companies, AudioBoom and Stitcher, are searching for Executive Producers. Continue Reading
The acquisition of Triton Digital by E.W. Scripps has closed, the parent company announced this morning. First announced six weeks ago, the merger settles what has been an uneven path for Triton in 2018, as it adds an important piece to Scripps’ digital acquisition strategy. Continue Reading
E.W. Scripps announced this morning that it has acquired Triton Digital, the leading ratings service for streaming audio and a global infrastructure service for digital audio delivery. The acquisition carries a price tag of $150-million, cash. Continue Reading