Variety
·entertainment
·3 hours ago
iHeartMedia and SiriusXM explore merger talks to boost competitive scale
iHeartMedia and SiriusXM are in early merger talks, with Irving Azoff and Apollo Global Management advising. The potential merger aims to combine iHeart’s 850-plus radio stations and SiriusXM’s podcast network to enhance their competitive scale amid declining listenership. Reports of financial problems at iHeart have been ruled out as source discussions continue.
Summary by Glance · Variety
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