Streaming giants merge sales; iHeart creates ad network

As audio channels like streaming radio and podcasts continue to mature, two big names are making moves to grow their sales and advertising.

Last week, SiriusXM announced a new combined advertising sales organization that includes SiriusXM, Pandora and podcast platform Stitcher. The new group operates under the name SXM Media, and offers a unified connection to 150 million listeners of live radio, streaming music and podcasts. In addition to the three main platforms, SXM Media will also provi…

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