The deal, which comes with a five-year talent agreement with the former late night host, is worth an estimated $150 million, according toHe will bring his hugely successful “Conan O’Brien Needs a Friend” podcast to the satellite radio company,“When I started in television my ultimate goal was to work my way up to radio,” O’Brien quipped, before turning serious.
The deal marks one of the biggest by audio companies buying successful podcasts produced by stars with loyal followings. Conan O’Brien sold his media company and popular podcast, “Conan O’Brien Needs a Friend,” for a reported $150 million.Since its inception over a decade ago, Team Coco has garnered more than 1 billion yearly video views across YouTube and Facebook, and averages 180 million annual podcast downloads, the company said. It also reaches 17 million fans across social media.
As part of the deal, Team Coco’s staff will join SiriusXM, and continue to produce the network’s slate of podcasts, including “Conan O’Brien Needs a Friend,” which includes interviews with celebrities by the former “Late Night with Conan O’Brien” and “Conan” host. The podcast — which was launched in 2018 and developed by Stitcher’s Earwolf, part of the Midroll Media company bought by SiriusXM for $325 million in 2020 — is one of the top five most searched-for shows, the company said. It averages about 10 million downloads a month, according to The Journal.O’Brien will also collaborate with SiriusXM create and executive produce a new full-time, original Team Coco comedy channel for SiriusXM subscribers.
And his wife will get half just like the do nothing US womens soccer team.