SiriusXM in Early Talks to Acquire IHeartRadio
SiriusXM (NASDAQ:SIRI) is reportedly in early discussions to acquire IHeartRadio (IHRT), which could enhance its streaming and podcast offerings. The news caused a slight increase in SiriusXM's stock price. The acquisition may help SiriusXM regain lost subscribers and strengthen its position in the podcast market.
Topics: Customer Growth IHeartRadio M&A Podcasts SiriusXM Streaming