SiriusXM Acquires Team Coco Podcasts for $150 Million, Expanding Audio Content Portfolio

In May 2022, Conan O'Brien's Team Coco digital media business was sold to SiriusXM for an impressive $150 million. This strategic acquisition included O'Brien's popular podcast, along with a variety of other Team Coco podcasts such as 'Inside Conan' and 'Parks and Recollection.' The deal not only enhances SiriusXM's podcast offerings but also paves the way for the development of a dedicated comedy channel within their radio service. This move signifies SiriusXM's commitment to expanding its content portfolio and catering to the growing demand for comedy and entertainment programming. With Conan O'Brien's established fan base and the success of his digital media ventures, this acquisition is expected to bolster SiriusXM's position in the competitive audio entertainment landscape, providing listeners with exclusive content and innovative programming.