acquisition of Team Coco, Conan O’Brien’s podcast company. His career has included a variety of roles, including as an angel investor and startup advisor, and CEO of Midroll Media, the parent company of Earwolf, Howl.fm, Midroll and Stitcher, which SiriusXM bought in 2020 for $325 million.“Adam’s new role is a clear signal to everyone in this business that SiriusXM has its eye not only on integrating podcasting and radio, but also taking it to the next level,” said a joint statement issued by Paul Scheer and June Diane Raphael, co-hosts of Earwolf’s “How Did This Get Made?”“Adam is a talent developer, a passionate consumer of the form, and a genuinely lovely human being.
In the last 10 years, we’ve watched him stay ahead of the game in a world that is perennially playing catch-up,” the duo’s statement said. “We’ve never met a person who doesn’t love working with and for Adam.
And we’ve really searched!”Sachs will report to Chief Content Officer Scott Greenstein. “Adam is a leader who has developed more than one podcast company into a top content network with groundbreaking talent and scaled revenue streams,” Greenstein said in a statement. “In this new position, he’ll play a critical role in continuing to grow our premium portfolio of comedy and entertainment programming on SiriusXM and our industry leading podcast network.”The move comes just days after SiriusXM said it was cutting 475 jobs, or 8% of its workforce.CEO Jennifer Witz announced the layoffs via company memo, citing the company’s “new phase” and “today’s uncertain economic environment.” Witz also said that “nearly every department across SiriusXM will be impacted.”“We believe the new operational design will allow us to move faster and more effectively as we.
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