One of the best-known brands in comedy, Team Coco,
acquired by the leader in comedy audio entertainment
Conan O'Brien signs
multi-year agreement to remain host of namesake podcast, as well as
create and executive produce a new exclusive original Team Coco
comedy channel on SiriusXM
NEW
YORK, May 23, 2022 /PRNewswire/ --
SiriusXM today announced the acquisition of Team
Coco, including the critically-acclaimed hit podcast
Conan O'Brien Needs a Friend,
and the Conan O'Brien-led podcast
network and digital media business. The transaction also brings to
SiriusXM Team Coco's staff, who will continue to produce the
network's slate of popular podcasts, as well as collaborate on
content for SiriusXM.
As part of the deal, Conan has entered into a five-year talent
agreement with SiriusXM, under which he will remain host of his
namesake podcast, which will continue to be available widely, and
will also collaborate with SiriusXM to create and executive produce
a new fulltime, original Team Coco comedy channel for SiriusXM
subscribers. The agreement also includes distribution of select
video from Conan's podcast as well as from the archives of his
long-running late night show on TBS, live events, and merchandise
from the Team Coco brands.
Since its inception over a decade ago, Team Coco has garnered
more than 1 billion annual video views across YouTube and Facebook,
averages 180 million annual podcast downloads, and now reaches 17
million fans across social media. Team Coco's flagship podcast,
Conan O'Brien Needs a Friend,
which was developed with Stitcher's Earwolf, ranks as one of the
top five most searched-for podcasts, and recently won two Webby
Awards. By becoming a part of SiriusXM, the leading home of comedy
in audio entertainment, Team Coco gains the promotional power of
the SiriusXM, Pandora and Stitcher listening platforms – amplifying
the network's voices and extending the Team Coco brand to new
audiences.
"When I started in television my ultimate goal was to work my
way up to radio," said Conan
O'Brien. "This new deal with SiriusXM builds on the
great relationship that began several years ago with a team that is
the standout in their field."
"We are thrilled that Conan remains committed to producing his
incredibly successful podcast and will now expand his role into
executive producing an exclusive Team Coco radio channel for
SiriusXM," said Scott Greenstein,
President and Chief Content Officer of SiriusXM. "Conan has
built an amazing brand and organization at Team Coco with a proven
track record of finding and launching compelling and addictive
podcasts. We look forward to continuing to grow the Team Coco
brand."
As part of the acquisition, SXM Media, the combined advertising
sales organization of SiriusXM, expands its exclusive global ad
representation beyond Team Coco's acclaimed podcasts – such as
Nicole Byer's Why Won't You Date
Me? and JB Smoove's May I Elaborate?, along with its
Stitcher co-productions Scam Goddess with Laci Mosley, Literally! with Rob Lowe, The Three Questions with
Andy Richter, and Parks and
Recollection – to also include digital video, social media, and
live events associated with Team Coco's properties.
Team Coco podcasts will continue to be available on Stitcher,
the SXM App, Pandora, and major podcast listening platforms.
Team Coco joins an already robust and industry-leading comedy
lineup at SiriusXM, the exclusive audio home for top comics and
brands, which includes channels such as Kevin Hart's Laugh Out Loud Radio,
Netflix is a Joke Radio, and Comedy Central
Radio, as well as Stitcher's Earwolf network and their
collection of award-winning and critically-acclaimed shows How
Did This Get Made?, Office Ladies, Storytime with
Seth Rogen, and more.
SiriusXM's acquisition of Team Coco follows that of 99%
Invisible; the announcement of a global advertising agreement
with podcast company Audiochuck and its top-rated podcast, Crime
Junkie; an agreement with Tom
Segura and Christine P's YMH Studios to distribute and
develop content; an agreement for the exclusive rights to manage
all audio and video ad sales for the comedy horror show The Last
Podcast on the Left; and a multi-platform agreement with
Crooked Media that brings the independent progressive media
company's top-ranked podcasts to SiriusXM through the 2024 election
cycle and beyond.
About Team Coco
Built on the spirit of Conan
O'Brien's brand of smart and silly comedy, award winning
Team Coco is a fan-centric multi-platform media company driven by
O'Brien and a carefully curated network of other top talent that
spans across digital and branded content, live events, merchandise
and expertly produced comedy specials. Team Coco Podcasts currently
produces ten unscripted podcasts: Conan O'Brien Needs A Friend,
The Three Questions with Andy
Richter, Literally! with Rob
Lowe, Inside Conan: An Important Hollywood Podcast, Scam
Goddess, Good Game Nice Try, Why Won't You Date Me with
Nicole Byer, May I Elaborate?
Sound Wisdom from J.B. Smoove, Parks and Recollection and
The Juice, all of which have been downloaded more than 418
million times to-date. Team Coco Podcasts has also produced two
scripted podcasts in co-production with Luminary: Frontier
Tween and SMARTR as well as A Total Switch Show
and Self Center in co-production with Audible.
Website: Teamcoco.com
Instagram: @TeamCoco | @TeamCocoLive | @TeamCocoPodcasts
Facebook: @TeamCoco | @TeamCocoLive
Twitter: @ConanOBrien |@TeamCoco | @TeamCocoLive
YouTube: /TeamCoco
TikTok: @TeamCoco
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI)
is the leading audio entertainment company in North America, and the premier programmer and
platform for subscription and digital advertising-supported audio
products. SiriusXM's platforms collectively reach approximately 150
million listeners, the largest digital audio audience across paid
and free tiers in North America,
and deliver music, sports, talk, news, comedy, entertainment and
podcasts. Pandora, a subsidiary of SiriusXM, is the largest
ad-supported audio entertainment streaming service in the U.S.
SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a
leader in podcast hosting, production, distribution, analytics and
monetization. The Company's advertising sales arm, SXM Media,
leverages its scale, cross-platform sales organization, and ad tech
capabilities to deliver results for audio creators and advertisers.
SiriusXM, through Sirius XM Canada Holdings, Inc., also offers
satellite radio and audio entertainment in Canada. In addition to its audio entertainment
businesses, SiriusXM offers connected vehicle services to
automakers. For more about SiriusXM, please go
to: www.siriusxm.com.
About SXM Media
SXM Media is the gateway for marketers
to the largest digital audio advertising ecosystem in North America. As the combined advertising
organization of Sirius XM Holdings Inc., SXM Media spans across
leading owned and operated audio platforms Pandora, SiriusXM, and
Stitcher; innovative ad tech solutions powered by AdsWizz; sonic
creative consultancy Studio Resonate; and an extended content
network featuring exclusive monetization agreements with
Audiochuck, NBCUniversal, SoundCloud, and many more. Reaching more
than 150 million listeners each month, SXM Media delivers audiences
tailored brand experiences while putting creators first, making it
easy for every marketer to produce, plan, buy, and measure across
its entire audio universe. For more about SXM Media, please go
to: www.sxmmedia.com.
This communication contains "forward-looking statements"
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business will be adversely affected; we engage in extensive
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is an important part of our business; we rely on third parties for
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Source: SiriusXM
Media Contacts
Ron Gaskill
Stitcher
ron.gaskill@siriusxm.comca
Maggie Mitchell
SXM Media
maggie.mitchell@siriusxm.com
Patrick Reilly
SiriusXM
Patrick.Reilly@siriusxm.com
Melinda Petrow
Team Coco
Melinda.Petrow@conacotv.com
Marie Weber
Team Coco
Marie.Weber@conacotv.com
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SOURCE Sirius XM Holdings Inc.