The E.W. Scripps Company is buying US national broadcast network ION Media for $2.65 billion (€2.27bn), combining the business with Scripps’ Katz networks and Newsy to create a full-scale national television networks business. Scripps says that ION reaches more than 100 million homes through over-the-air and pay TV platforms and has consistently achieved annual revenue […]

US pay-radio giant SiriusXM is close to buying Stitcher, a podcast application owned by E W Scripps. Podcasts are increasingly important and Spotify, a major rival to SiriusXM, and its sister service Pandora is increasingly dominating the podcast market. Stitcher will give SiriusXM a foothold in the sector and sit alongside Simplecast which SiriusXM acquired […]