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SiriusXM and iHeartMedia in early merger talks
Yahoo Finance· 2026-04-28 02:48
SiriusXM and iHeartMedia are in preliminary discussions about a merger, according to Bloomberg. The talks are early-stage and no deal is guaranteed, the outlet reported. Under a potential deal, the nation's leading satellite radio provider, SiriusXM, would be brought together with iHeartMedia, whose broadcast footprint spans more than 860 stations in 160 markets across the country. Bloomberg reported that a merged entity would generate in excess of $12 billion in annual revenue. Proposals to bring the t ...