Sirius XM to Buy Stitcher Podcast Service For $300 Million (Report)

Twitter posted a second-quarter loss on Thursday, but the social media giant's stock rose on higher user growth amid the coronavirus pandemic. The company's stock rose by $2.06, or 6 percent, to $39.24 before the market open as investors reacted to the user gains.

Gene Maddaus Senior Media WriterWriters Guild of America West spent $1.9 million in the last fiscal year on legal bills as it fought a multi-front battle over agency packaging fees.WGA West filed its annual report on Monday with the Department of Labor, covering the fiscal year ending March 31.The report shows that the guild paid $992,912 to the firm of Altshuler Berzon LLP, based in San Francisco, which has led the fight against the major agencies.

The civil case lawsuit stemming from the deadly 2016 Ghost Ship warehouse fire in the San Francisco Bay Area has been settled.

This route is currently in development and next steps will be confirmed in the coming days.A decision has yet to be made on funding for this route.People are being asked to give their views on the scheme by July 27 at https://tfgm.com/made-to-move/consultations.

press release, the deal is slated to close in the third quarter of 2020, subject to regulatory approvals.Per the release, the SiriusXM and Pandora owned-and-operated digital platforms, combined with the company’s exclusive ad sales arrangement with SoundCloud for the U.S., and the Stitcher and Midroll networks that are subject to the agreement, will reach over 150 million listeners — the largest U.S.

Glee actress Naya Rivera was reported missing this week after her 4-year-old son, Josey Dorsey, was found alone on a pontoon boat they had rented to go swimming in Lake Piru in Ventura County, California. Hours after a search-and-rescue effort began, NBC Los Angeles's Robert Kovacik tweeted at 9:55 A.M.

Jay-Z‘s Roc Nation after the success of an initial ‘From Milan With Love’ event.The Serie A side joined forces with the £75 million management agency for an event that hailed the efforts of key workers in Italy.It was hosted by DJ Khaled and featured performances from the likes of Alicia Keys and Kelly Rowland.

Patrick Hipes Executive Managing EditorSirius XM Holdings, which said last month that it planned to raise $1 billion in a private debt offering, is reportedly near a deal to acquire E.W. Scripps’ Stitcher podcast division for $300 million.The news, reported Monday by the Wall Street Journal which cited sources, comes amid a flurry of deals in the growing podcast space.

Todd Spangler NY Digital EditorSiriusXM is closing in on a deal to acquire E.W. Scripps Co.’s Stitcher podcast production, distribution and advertising unit, Variety has confirmed.SiriusXM’s deal for Stitcher would be worth about $300 million, according to the Wall Street Journal, which first reported the news.

Peter White Television EditorSamantha Bee has become the latest late-night host to help save the United States Postal Service.The star of TBS’ Full Frontal with Samantha Bee has organized a social media campaign, #MailedIt, to encourage people to tweet at President Trump and Treasury Secretary Mnuchin to save the mail service.For every tweet, the show will buy a stamp from the USPS up to a total of 100,000.

Setting the record straight. Megan Fox’s reaction to Michael Bay and Jimmy Kimmel’s underage sexualization controversy clarifies what really happened to the star. Fans were concerned after a 2009 interview from Jimmy Kimmel Live! resurfaced, showing host Kimmel, 52, joking about director Bay, 55, for casting the now-34-year-old actress in a sexualized scene. She was only 15 at the time.