Todd Spangler NY Digital EditorSiriusXM has acquired Team Coco, the Conan O’Brien-led podcast network and digital media business.Terms of the deal weren’t disclosed.
With the deal, Team Coco’s staff will join SiriusXM, continuing to produce the network’s slate of podcasts including the “Conan O’Brien Needs a Friend” as well as collaborate on content for SiriusXM.As part of the deal, O’Brien entered into a five-year talent agreement with SiriusXM, under which he will remain host of his namesake podcast, which will continue to be available widely.
He also also collaborate with SiriusXM to create and executive produce a new full-time, original Team Coco comedy channel for SiriusXM subscribers.
In addition, the agreement includes distribution of select video from O’Brien’s podcast as well as from the archives of his long-running late night show on TBS, live events, and merchandise from the Team Coco brands. “When I started in television my ultimate goal was to work my way up to radio,” Conan O’Brien said in a statement. “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.”Since its inception over a decade ago, Team Coco has garnered more than 1 billion annual video views across YouTube and Facebook, averages 180 million annual podcast downloads, and reaches 17 million fans across social media.
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