Farewell to Stitcher as SiriusXM seeks to consolidate users

In a sad but arguably predictable action, Sirius XM announces it will shut down the Stitcher podcast app in August. Founded in 2008, Stitcher is a venerable brand in the renaissance of podcasting. Existing Stitcher registered users will be shifted to the Sirius XM platform. The decision might have a brand maintenance aspect as well. Click for details. Continue Reading

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Global buys into iHeartMedia — 8.8%

UK-centered media and technology company Global has activated its investment arm, Honeycomb Investments LTD, to acquire 8.8% of iHeartMedia, the largest American commercial radio group and top podcast publisher. Remembering that Liberty also owns a stake in iHM, we speculate a brewing battle of buyers, as listener reach and advertising pull are increasingly parts of a cross-category landscape. Continue Reading

Jeff Umbro: SiriusXM, Spotify, Amazon, and the New York Times Announce Earnings

by Jeff Umbro

In this week’s column, The Podglomerate CEO Jeff Umbro rounds up recent earnings reports from Spotify, SiriusXM, The New York Times, and Amazon. (With stock charts.) A nice grab-bag of industry updates rounds out the issue. Oh, also a podcast recommendation. Continue Reading

SiriusXM earnings: A Pandora write-down + praise; Stitcher and the podcast biz. And the numbers.

SiriusXM, whose native and acquired assets address 150-million listeners, one of the largest audiences in American audio, reported Q4 earnings. Here, we recap the major financial points, then dive into key remarks pertaining to subsidiaries Pandora, Stitcher, and podcasting generally. Click through for illuminating quotes from the investor call. Continue Reading

Jeff Umbro: Content Moderation: Twitter, YouTube, Podcasts?

by Jeff Umbro

In this week’s column, The Podglomerate CEO Jeff Umbro grapples with the often-overlooked, always-challenging topic of podcast content moderation. Should podcasting undergo the level of scrutiny that social networks do? Along with these ruminations, the column catches up with news from Spotify, Apple, and elsewhere. Continue Reading