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Jeff Umbro: Digging into the New SiriusXM

by Jeff Umbro

RAIN News welcomes Jeff Umbro in his first weekly appearance as guest columnist. In this edition, he offers in-depth analysis of siriusXM’s pending acquisition of Stitcher, and covers other podcasting news as well. Jeff is CEO of the Podglomerate podcast network. Click through for more details about Jeff, and of course to read the column. Continue Reading

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SiriusXM reportedly will buy Stitcher from Scripps

After 48 hours of rumors, today we get … well, sort-of confirmation that SiriusXM will acquire Stitcher from E.W.Scripps. The confirmation part is from the Wall Street Journal. The sort-of part is the article’s first sentence: “Sirius XM Holdings Inc. is near a deal to buy E.W. Scripps Co.’s Stitcher.” There is no visible confirmation from Sirius, Stitcher, or Scripps. But, as of this morning, industry-wide assumption is that the deal is all but done … in a “poised to buy” sort of way. This acquisition adds a chapter in the corporate life of each company involved. Continue Reading

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Stitcher releases 10-year podcast report; we talk with Erik Diehn in a popup podcast

Content and distribution powerhouse Stitcher has released a report of observations and measurements over 10 years of delivering podcasts to listeners. It is a unique glimpse into listener behavior from a pioneering podcast company. We also spoke with CEO Erik Diehn for a popup podcast. Click through to read and listen. Continue Reading

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Stitcher earned $17-million in Q1, up 13% over 2019

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