Radio Giants Eye a Union as Azoff and Apollo Guide Talks
TL;DR Summary
iHeartMedia and SiriusXM are in early talks about a potential merger, with Irving Azoff and Apollo Global Management offering to advise. The discussions are preliminary and there’s no guarantee of a deal or a takeover; the goal would be greater scale and artist collaboration in an evolving audio landscape, and Azoff is advising rather than pursuing an acquisition.
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