As you know, Sirius XM recently announced the acquisition of Stitcher and Midroll scripts podcast e-business for $325 million.
We noted that with interest as our own podcasting business is roughly equivalent in size and have a very similar makeup to Stitcher and Midroll. As you know, we acquired that business in two separate deals for Cadence 13 and Pineapple Street Studios were just under $50 million less than a year ago. Because podcasting is such a new component of our business, we believe investors will overlook that substantial strategic enhancement in value creation.
This means just ETM's podcasting business is worth $325 million.
I'm holding as I think this goes higher. JMO
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM