iHeart Merging with SiriusXM?

[Georgie56 3661]

Bloomberg reports:

 

 

[Action Newsroom 1376]

Here's an article you can actually read:

https://www.reuters.com/business/iheartmedia-holds-merger-talks-with-sirius-xm-bloomberg-news-reports-2026-04-24/

 

I don't know what to say about this, but this M&A thing is getting out of hand.

[TVLurker 389]

42 minutes ago, Action Newsroom said:

I don't know what to say about this, but this M&A thing is getting out of hand.

It truly is... I kind of figured iHeart getting an increased stake from John Malone was going to be hinting at this.

 

Radio is already down in the dumps and this will push it down even further.

[l_miro 245]

8 hours ago, Action Newsroom said:

Here's an article you can actually read:

https://www.reuters.com/business/iheartmedia-holds-merger-talks-with-sirius-xm-bloomberg-news-reports-2026-04-24/

 

I don't know what to say about this, but this M&A thing is getting out of hand.

 

SiriusXM stock is down 60% since 2023

Iheart down 73%

 

The alternative is selling them for parts assuming anybody wants them. Though radio had more of a chance to survive due to podcast popularity

 

[Action Newsroom 1376]

1 hour ago, l_miro said:

 

SiriusXM stock is down 60% since 2023

Iheart down 73%

 

The alternative is selling them for parts assuming anybody wants them. Though radio had more of a chance to survive due to podcast popularity

 

Okay...

[HanSolo 467]

Economic realities are what they are, and they aren’t pretty. Mergers and acquisitions may not be popular but they may be all that keeps some entities afloat at all, even for a comparably short period of time, because the old world is never coming back. 

[tyrannical bastard 4676]

This is like a Sears and Kmart merger.  Bonus points if Eddie Lampert comes aboard to run it all (into the ground).

 

Iheart is a joke and SiriusXM's saving grace is all of their receivers in new cars and trying to sucker in subscribers with a low introductory rate and making it next to impossible to cancel when it goes up to full price.

[Megatron81 343]

Not surprised that IHeart & SiriusXM will maybe mergering the old way of radio isn't coming back. The IHeart radio station that comes in clear is Star 105.7 & B93 out of GR. Star's rival for many years was 106.5 they were the same format, but they've changed formats so many times at Midwest since 2006 and I don't know who won the ratings. The blowtorch in Kazoo is 103.3 WKFR and it isn't even close B93 only beat WKFR a handful of times in the 90s, which B93 is the blowtorch in West Michigan for country music and for a couple of decades had a B93 Birthday Bash in June which ended a few years ago.

Edited April 27 by Megatron81