Stitcher Radio


Stitcher is a media company that specializes in the creation, distribution, and monetization of podcasts. Stitcher creates original shows through networks such as Earwolf and Witness Docs. Stitcher provides ad sales and distribution services to 300+ shows. Stitcher is home to one of the largest podcast listening apps, giving listeners access to hundreds of thousands of podcasts.

History

Stitcher app founded in 2008 by Noah Shanok and Peter deVroede. The company began with just the listening app and was venture-backed until 2014 when it was acquired by Deezer. In 2016, Deezer sold Stitcher for $4.5 million to Midroll Media, a digital media company founded in 2012 and acquired by E.W. Scripps Company in 2015. 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 company for $325 million.

Operations

The Stitcher app is one of the most popular podcast listening apps. Users can listen to, download, and discover podcasts through apps on iOS, Android, the Web, and several vehicle integrations. Stitcher also offers Stitcher Premium, a subscription service that allows listeners to access exclusive ad-free podcasts, which was announced at the end of 2016 and went live early 2017.
Stitcher currently operates 3 original content networks with over 50 shows from Earwolf, Witness Docs, and Stitcher Originals.

Reception

Stitcher's revenue has been reported to increase 42% year over year, with its 2019 revenue reaching $73 million. The app has been recognized as one of the best podcast apps for both Android and iOS.