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Warren Buffett increases stake in SiriusXM amid new podcasting ventures

Warren Buffett's Berkshire Hathaway has acquired over 10% of SiriusXM, purchasing more than 2.3 million shares for approximately $54 million, following the media company's $125 million deal with Alex Cooper's Unwell network. This investment has boosted SiriusXM's share price by 10%, despite the company reporting a $2.08 billion net loss for the year. Cooper's Unwell network is set to expand with new daily podcasts and a music channel, targeting Gen Z audiences.
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United States Dollar Berkshire Hathaway Inc. USA Warren Buffett Montaine Hannah Kosh Alex Cooper Conan O'Brien Madeline Argy Alix Earle Rachel Friedman Kevin Hart Harry Jowsey Jennifer Witzel Sequoia Holmes Howard Stern Fiona Shea Show more
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12:39 07.02.2025
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