Today in the business of podcasting:iHeartMedia and Sirius XM are in preliminary talks about a potential merger that would combine the largest radio station owner and the largest satellite radio service in the United States, creating a company with more than $12 billion in combined annual sales.S&P Global Market Intelligence data shows U.S. podcast listening grew 10 percentage points from Q1 2025 to Q1 2026, with nearly 60% of online adults now reporting they listen, a figure that aligns with Sounds Profitable's Podcast Landscape 2025 research when video-only listeners are factored in.Spotify has launched new fitness features for free and Premium subscribers, including curated workout playlists and access to more than 1,400 on-demand Peloton classes, alongside a new Claude AI integration that delivers personalized recommendations based on users' listening data.Spanish-language podcast platform iVoox has debuted what may be the first formal television ad campaign for a dedicated podcast app, developed by agency Drop&Vase and airing on Mediaset España channels in Spain.European audio platform Audion has raised $15 million to fund its expansion into the United States, with investment going toward go-to-market operations, partnerships, and product development.To find links to these, and every article covered in today's episode, click here. You can also subscribe to The Download's newsletter to receive the full issue straight to your email inbox every day.