Conan O’Brien may still need a friend, but he won’t be needing to borrow money anytime soon.
The former NBC and TBS late night how has sold his podcast, Conan O’Brien Needs A Friend and his entire podcast network for $150 million. O’Brien has also signed on to host his show for 5 years while also producing a comedy channel for Sirius.
The shows under O’Brien’s network will continue to be published on traditional podcast platforms while also landing on Sirius’s podcast network.
“We are thrilled that Conan remains committed to producing his incredibly successful podcast and will now expand his role into executive producing an exclusive Team Coco radio channel for SiriusXM,” said Scott Greenstein, president and chief content officer of SiriusXM, in a statement. “Conan has built an amazing brand and organization at Team Coco with a proven track record of finding and launching compelling and addictive podcasts. We look forward to continuing to grow the Team Coco brand.”
O’Brien has yet to comment on the acquisition.
Since 1993, O’Brien has been on late night tv. He hosted Late Night with Conan O’Brien and the Tonight Show with Conan O’Brien on NBC and Conan on TBS. O’Brien is currently working on a sketch show for HBO MAX.