SiriusXM acquires Conan O’Brien’s Team Coco podcast company for $150 million

SiriusXM Holdings, Inc. announced the acquisition of Team Coco today, the Conan O’Brien-led podcast network and digital media business. The $150 million deal (valuation first reported by The Wall Street Journal) will see the former NBC and TBS late-night host’s interview podcast “Conan O’Brien Needs a Friend,” along with ten other podcasts such as “Inside Conan,” “Why Won’t You Date Me?” with Nicole Byer, “Parks and Recollection,” and more.
Also, as part of the deal, Conan has entered into a five-year talent agreement with SiriusXM. Not only will he remain the host of his hit podcast, but he w

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