SiriusXM’s Acquisition of Team Coco

Sidley represented Conan O’Brien, Conaverticals, Team Coco, and Middle Child on the deal.

SiriusXM announced the acquisition of Team Coco, including the critically-acclaimed hit podcast Conan O’Brien Needs a Friend, and the Conan O’Brien-led podcast network and digital media business. The transaction also brings to SiriusXM Team Coco’s staff, who will continue to produce the network’s slate of popular podcasts, as well as collaborate on content for SiriusXM.

As part of the deal, Conan has entered into a five-year talent agreement with SiriusXM, under which he will remain host of his namesake podcast, which will continue to be available widely, and will also collaborate with SiriusXM to create and executive produce a new fulltime, original Team Coco comedy channel for SiriusXM subscribers. The agreement also includes distribution of select video from Conan’s podcast as well as from the archives of his long-running late night show on TBS, live events, and merchandise from the Team Coco brands.

The Sidley team was led by Matt Thompson (Picture), Don Munson, Tracy Smith and Keegan Hawkins.

Involved fees earner: Keegan Gray Hawkins – Sidley Austin LLP; Donald Munson – Sidley Austin LLP; Tracy Smith – Sidley Austin LLP; Matthew Thompson – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Conan O’Brien; Team Coco;

Martina Bellini

Author: Martina Bellini