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SiriusXM Buys Stitcher in Deal Worth Up to $325 Million

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variety.com

Todd Spangler NY Digital EditorE.W. Scripps Co. clinched a deal SiriusXM to sell podcast network and producer Stitcher, including Scripps’ other podcast-related businesses, for up to $325 million.Scripps bought Stitcher for $4.5 million in 2016 and combined it with Midroll Media, which it bought for $55 million the year prior.

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