Stitcher
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Stitcher was a media company that specialized in the creation, distribution, and monetization of podcasts. Stitcher created original shows through networks such as Earwolf and Witness Docs. Stitcher provided ad sales and distribution services to 300+ shows. Stitcher was home to one of the largest podcast listening apps. In July 2020, it was acquired by SiriusXM. The acquisition was finalized by October 19, 2020.
Stitcher was a media company that specialized in the creation, distribution, and monetization of podcasts. Stitcher created original shows through networks such as Earwolf and Witness Docs. Stitcher provided ad sales and distribution services to 300+ shows. Stitcher was home to one of the largest podcast listening apps. In July 2020, it was acquired by SiriusXM. The acquisition was finalized by October 19, 2020. ==History== Stitcher was founded in 20081 by Noah Shanok, Mike Ghaffary, and Peter deVroede. The company began with just its listening app, entitled "Stitcher", and was venture-backed until 2014 when the company was acquired by Deezer. In 2016, Deezer sold Stitcher for $4.5 million to E.W. Scripps Company, who ran Stitcher under its Midroll Media unit. In 2017, Midroll Media underwent a rebranding, making Stitcher the parent company to Midroll Media and Earwolf, another entity under the E.W. Scripps network. In July 2020, SiriusXM acquired the Stitcher company for $325 million. Following the acquisition, Sirius XM integrated Stitcher's exclusive podcasts into its additional music and podcast listening service, Pandora. At the peak of its popularity, Stitcher was reported to have nearly 14.5 million weekly users. In June 2023, Stitcher announced that the podcast service would be discontinued on August 29, 2023, as the parent company, SiriusXM, wanted to focus on incorporating podcasts into the flagship SiriusXM subscription. The production side of the company, Stitcher Studios and Earwolf, continued operations. ==References== ==External links==
Text derived from https://en.wikipedia.org/w/index.php?oldid=1360999749 under CC BY-SA 4.0; modifications have been made.