SiriusXM buys Conan O'Brien's podcast and media company
As part of the deal, whichsays is worth around $150 million, O'Brien has signed a five-year talent agreement to keep hosting his podcast. He'll also create and produce a Team Coco comedy channel. In addition, SiriusXM will have the right to distribute some videos from O'Brien's podcast, along with archival footage from his TBS late-night show.
Team Coco's staff of around 50 will continue to produce existing shows and work on other SiriusXM content. The network's other podcasts includebehind-the-scenes show hosted by star Rob Lowe and writer Alan Yang. Collectively, the 10 podcasts have been downloaded more than 418 million times.and other Team Coco shows elsewhere. They'll still be available on other podcast platforms.
"When I started in television my ultimate goal was to work my way up to radio," O'Brien said."This new deal with SiriusXM builds on the great relationship that began several years ago with a team that is the standout in their field."
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