How Much Did Earwolf Sell For? The Price Tag Revealed

Sirius XM acquired Midroll Media in July 2020, for $325 million. This acquisition included popular podcast platforms Stitcher Radio and Earwolf.

Earwolf is a well-known podcast network that has produced numerous popular comedy podcasts, such as “Comedy Bang! Bang!” and “Harmontown”. The acquisition of Earwolf by Sirius XM was a significant event in the podcasting industry, as it demonstrated the growing value of podcast networks and the potential for consolidation within the industry.

Sirius XM, a satellite radio company, aimed to expand its reach into the digital audio space with this acquisition. The company believed that the acquisition of Earwolf would allow it to tap into a new audience of podcast listeners, which would help them reach a larger audience and expand their business. The acquisition of Earwolf was also seen as a way for Sirius XM to compete with other major players in the podcasting industry, such as Spotify and Apple Podcasts.