American broadcasting company based in Manhattan SiriusXM acquired The Coco team in a case worth approximately $150 million according to the Wall Street Journal.
Team Coco, a podcast network and digital media company was started by the famous American television host, comedian and actor Conan O’Brien.
Following the announcement of this latest deal, fans are trying to find out the details of Conan O’Brien’s net worth. Let us explore the same in our article below!
Conan O’Brien has an estimated net worth of $200 million according to celebrity net worth.
Under the terms of the deal, Team Coco employees are expected to join SiriusXM. She will continue to produce the network’s podcasts, including the famous “Conan O’Brien needs a friend”. They will also collaborate on SiriusXM content. O’Brien will continue to host his namesake podcast under the five-year pact with SiriusXM.
Conan O’Brien net worth and other details
Speaking about the acquisition, O’Brien said: “When I started in television, my ultimate goal was to progress into radio. This new agreement with SiriusXM builds on the excellent relationship that began several years ago with a team that stands out in its field.
“We are thrilled that Conan remains committed to producing his incredibly successful podcast and will now expand his role to executive produce an exclusive Team Coco radio channel for SiriusXM,” said Scott Greenstein, President and Chief Content Officer of SiriusXM.
After graduating from Harvard University, O’Brien moved to Los Angeles to work with HBO’s comedy sketch series “Not Necessarily the News.” He then joined the famous late-night talk show Saturday Night Live (SNL) in 1988 as a writer. During his time with SNL for three years, he wrote skits like “Mr. Short Term Memory” and “The Girl Watchers”.
O’Brien and his SNL colleagues received an Emmy Award for Outstanding Writing in 1989. He then worked as the writer and producer of “The Simpsons” for three years from 1991 to 1993. He wrote episodes like “Marge vs. the Monorail” and “Homer goes to college.”
In 1993, “Late Night with Conan O’Brien” premiered, but the show didn’t go well in the first few weeks. The show then rose to prominence and was seen by around 2.5 million viewers in 2005. The show ended after 15 years on February 20, 2009.
About the Coco team
O’Brien founded a production company called Team Coco over ten years ago. Per the deal signed with TBS, Conan and Team Coco owned the rights to his show. Team Coco achieved a turnover of ~$10 million on YouTube alone in 2021 according to the Wall Street Journal.
Team Coco’s videos have been viewed over a billion times in one year on YouTube and Facebook. He has around 17 million followers on social media platforms and averages around 180 million annual podcast downloads.
Conan O’Brien was the company’s largest shareholder while his producing partner Jeff Ross held a minority stake.
Investments in real estate
According to Celebrity Net Worth, Conan bought a house for $10.75 million in the Brentwood neighborhood of Los Angeles in 2008. The house was later sold in 2012 at a loss of $1.5 million.
Conan and his wife bought a new home in the Pacific Palisades in 2011 for $19.4 million. He also bought another adjacent property, but it’s unclear if that was part of the $19.4 million deal.
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