Welcome to our dedicated page for PodcastOne news (Ticker: PODC), a resource for investors and traders seeking the latest updates and insights on PodcastOne stock.
PodcastOne, Inc. (NASDAQ: PODC) generates frequent news as a podcast platform and publisher that works with a large roster of creators and advertisers. Company announcements often highlight new show launches, multi-year renewals with established podcasts and partnerships that expand its presence across audio, video and streaming channels. Because PodcastOne operates in podcasting and digital media, its news flow reflects developments in content, distribution and financial performance.
Readers of this news page can expect updates on agreements with high-profile hosts and shows, such as extensions for long-running programs and new multi-year distribution or sales deals. Recent examples include renewals for The Adam Carolla Show and LadyGang, as well as exclusive arrangements for podcasts like Beach Too Sandy, Water Too Wet, Notsam Wrestling and Life After the Show. The company also announces collaborations with partners such as BuzzFeed for the Phone A Fangirl series and Dr. Phil’s Envoy Media Co. for a co-branded multi-platform network.
In addition to content-related news, PodcastOne issues press releases covering its financial results, preliminary earnings updates and guidance, along with details about conference calls and webcasts for investors. These items provide insight into revenue trends, non-GAAP metrics like Adjusted EBITDA and operational milestones such as growth in total shows and downloads. Corporate governance and capital markets developments, including institutional investor disclosures or board and executive matters reported in SEC filings, may also be reflected in related news.
For investors, analysts and industry observers, following PodcastOne news helps track how the company expands its podcast network, engages in partnerships and communicates its financial and strategic direction. This page aggregates those updates so users can review content announcements, financial communications and regulatory-related press releases in one place.
PodcastOne (Nasdaq: PODC) announced its fiscal year 2024 results, reporting record revenue of $43.3 million, a significant increase from $34.6 million in the prior year. For Q4 FY 2024, revenue reached $11.7 million, up 32% year-over-year.
The company posted an adjusted EBITDA of $0.7 million for FY 2024 and $258K for Q4 FY 2024, reflecting improved financial performance. Shareholders' equity increased by $9 million, and liabilities were reduced by $13 million. All debt was extinguished, with $3 million repaid in cash and $7 million converted into shares.
PodcastOne has raised its FY 2025 revenue guidance to $51-56 million. LiveOne (Nasdaq: LVO) acquired 159,000 PODC shares at $3 per share and continues to acquire more shares. A special shareholders call is scheduled for June 5, 2024, at 10:00 A.M. ET.
PodcastOne (NASDAQ: PODC), a major podcast platform, has announced the LADYGANG podcast's “You Never Forget Your First” tour, presented by CLEARSTEM. The tour will include stops across North America from August to December 2024, featuring cities like New York, Boston, and Atlanta. Hosted by Keltie Knight, Becca Tobin, and Jac Vanek, the podcast boasts over 250 million downloads and more than 800 episodes. The tour offers VIP packages with exclusive merchandise and CLEARSTEM skincare products. Tickets are available from May 21, 2024, via their website.
PodcastOne (NASDAQ: PODC) has launched its newest podcast, We (Almost) Made It with Bryan Greenberg and Victor Rasuk, which debuted on May 16, 2024. This marks the 37th show added in the past 12 months, and 7th this year, bringing their total to 186 programs. Greenberg and Rasuk, known for their roles in HBO’s How to Make It in America, will host the weekly podcast focusing on diverse topics like film, TV, music, and entrepreneurship. PodcastOne will handle exclusive distribution, sales rights, and production. The podcast can be accessed on platforms like Apple Podcasts, Spotify, iHeart, and Amazon.
PodcastOne, a subsidiary of LiveOne (NASDAQ: LVO), delivers over 2.1 billion downloads annually and reaches 1 billion listeners monthly through various channels. It also supports independent podcasters via its LaunchpadOne platform.
The Dr. Gundry Podcast, hosted by renowned cardiothoracic surgeon Steven R. Gundry, M.D., celebrates its 300th episode. The podcast, managed by PodcastOne, a subsidiary of LiveOne (NASDAQ: LVO), offers health insights based on scientific research. It features interviews with health experts and stories of individuals who have transformed their health following Dr. Gundry's lectin-free diet.
To commemorate the milestone, the special episode features four guests who have experienced significant health improvements. Listeners can also enjoy a 20% discount on their first purchase from Gundry MD using a special promo code, valid until December 31, 2024.
PodcastOne's (Nasdaq: PODC) Baby Mamas No Drama podcast won the People's Voice for Best Lifestyle Podcast in the 28th Annual Webby Awards for 2024. This marks the second year in a row for the top podcast, with close to 30 million downloads across 190 episodes. Hosted by Kail Lowry and Vee Rivera from MTV's Teen Mom, the podcast shares their journey of co-parenting and turning failures into success. The Webby Awards recognized the podcast for its innovation and creativity, setting a high standard in podcasting. PodcastOne, a subsidiary of LiveOne, is proud of the hosts' contributions and aims to continue growing their audience.
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