NasdaqGS:SIRIMedia
Sirius XM iHeartMedia Talks Test Growth Story And Capital Priorities
Sirius XM Holdings (NasdaqGS:SIRI) is reported to be in early merger talks with iHeartMedia.
The discussions focus on combining satellite radio, streaming audio, and terrestrial broadcast under one company.
The talks are described as preliminary, with no confirmed transaction terms or timeline.
Sirius XM Holdings operates subscription based satellite radio and audio streaming services, while iHeartMedia runs a large portfolio of terrestrial radio stations and digital audio platforms. A...