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PodcastOne (PODC) Stock News, Aug-Oct 2024

PODC Nasdaq

PodcastOne, Inc. operates as a podcast network, publisher and podcast sales platform whose content is distributed through major podcasting platforms and its own app. Company news commonly covers programming additions, exclusive sales and distribution rights, audience-facing podcast franchises, and partnerships with media brands such as A+E Networks.

Recurring updates also address PodcastOneAI, the company’s platform for licensing and monetizing its audio and video catalog for artificial intelligence uses, as well as operating results, guidance, advertising and sponsorship monetization, content sales, and corporate activity involving parent company LiveOne.

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PodcastOne (PODC) has announced the launch of Zero Stars, a new comedy podcast hosted by comedian Bobcat Goldthwait and Academy Award-nominated producer Sean McKittrick. Set to premiere on October 21, 2024, the show will feature celebrated guests critiquing their critics, offering artists a chance to respond to unfair reviews of their work.

Zero Stars is the 47th podcast added to PodcastOne's network in 2024, with the company's all-time network downloads surpassing 3 billion. Upcoming guests include director Eli Roth, producer Eddie Huang, and actors Michael McKean and Tom Lennon.

PodcastOne, a subsidiary of LiveOne (NASDAQ: LVO), boasts a roster of top-ranked podcasts across various genres. The company delivers over 2.1 billion downloads per year and reaches a community of 250 top podcasters. PodcastOne's distribution network extends to over 1 billion listeners monthly across multiple platforms.

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PodcastOne (NASDAQ: PODC), a leading podcast platform and LiveOne (NASDAQ: LVO) subsidiary, has appointed Jim Lally as Head of Business Development. Reporting to President Kit Gray, Lally will focus on expanding sales and publishing synergies, increasing talent revenues, and enhancing the company's prominence with media buyers and content creators.

Lally, formerly Director of Brand Partnerships at Libsyn Ads, brings extensive experience in podcasting, digital media, and advertising. His background includes roles at WNYC Studios, Soundrise, and The New York Times, where he influenced sales strategies for popular podcasts like Freakonomics and Radiolab.

PodcastOne, founded in 2012, provides a comprehensive solution for creators and advertisers, delivering over 2.1 billion downloads annually with a network of 250 top podcasters. The company has built a distribution network reaching over 1 billion listeners monthly across various platforms.

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PodcastOne (PODC) has launched Beat It Out, a new podcast from Adam Carolla, exclusively on the Adam Carolla Show Substack. The first season features comedian Jay Mohr as co-host. This addition marks the 46th show added to PodcastOne in 2024, expanding the network's 15-year partnership with Carolla.

Paid Substack subscribers will have access to Beat It Out, ad-free and video content for other Carolla shows, exclusive newsletters, archival content, and live events. The podcast showcases how stand-up material is developed, from conception to live performance.

Adam Carolla's podcasts have received over 700 million downloads to date. PodcastOne, founded in 2012, delivers over 2.1 billion downloads per year with a community of 250 top podcasters. The network has built a distribution network reaching over 1 billion listeners a month across various platforms.

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PodcastOne (NASDAQ: PODC) has renewed its agreement with the popular podcast LadyGang, hosted by Keltie Knight, Becca Tobin, and Jac Vanek. The show, which launched on PodcastOne in 2015, is set to celebrate 10 years and 1000 episodes in 2025, having amassed over 250 million downloads to date. LadyGang has gained significant recognition, including nominations for People's Choice and Webby Awards, and has expanded into a television series, clothing line, and two best-selling books.

The hosts have announced the LADYWORLD festival, scheduled for September 2025 in Destin, Florida. PodcastOne, a subsidiary of LiveOne (NASDAQ: LVO), continues to grow its network, offering over 2.1 billion downloads per year across 250 top podcasts.

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PodcastOne (Nasdaq: PODC) has acquired exclusive multi-year sales and distribution rights to Fool Coverage with Manny MUA and Laura Lee. This marks the 17th new podcast joining PodcastOne's network this fiscal year and the 45th in the last 12 months. The podcast, featuring Millennial and Gen Z beauty influencers Manny and Laura Lee, will air weekly episodes starting September 12, 2024.

Fool Coverage, which has 153 episodes since its 2021 launch, covers beauty, fashion, business insights, and celebrity gossip. PodcastOne's network boasts 3.8 billion all-time downloads and reaches over 1 billion listeners monthly across various platforms. The acquisition aligns with PodcastOne's strategy to expand its content offerings and strengthen its position in the podcast industry.

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PodcastOne (NASDAQ: PODC), a leading podcast platform, has appointed Steve Lehman as Vice Chairman to drive growth opportunities and advise on mergers, acquisitions, and strategy. Lehman, with extensive experience in media and finance, will leverage his background to enhance PodcastOne's global brand and shareholder value. His appointment aligns with the company's vision for long-term growth and expansion of high-margin revenue channels.

Lehman's impressive career includes founding Premiere Networks, investing in Broadcast.com, and serving on boards of various tech and media companies. PodcastOne, founded in 2012, offers a comprehensive podcast solution, delivering over 2.1 billion downloads annually with a network of 250 top podcasters. The company's distribution network reaches over 1 billion listeners monthly across multiple platforms.

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PodcastOne (Nasdaq: PODC) has renewed its exclusive sales and distribution agreement for the popular podcast 'I've Had It', hosted by Jennifer Welch and Angie 'Pumps' Sullivan. The show has released 181 episodes and garnered nearly 30 million downloads since its 2022 launch. PodcastOne also welcomes their sister podcast 'IHIP News' to its network.

Highlights include:

  • Former President Barack Obama to appear on the September 5, 2024 episode
  • Nominations for Best Pop Culture Podcast and Best Emerging Podcast at the 2024 iHeartRadio Podcast Awards
  • Exclusive interviews from the Democratic National Convention in Chicago

PodcastOne, a subsidiary of LiveOne (NASDAQ: LVO), boasts a distribution network reaching over 1 billion listeners monthly across various platforms.

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PodcastOne (Nasdaq: PODC) has entered a multi-year exclusive joint venture with wrestling champion Nic Nemeth and actor Ryan Nemeth for the Nemeth Bros Podcast. Set to launch on September 5, 2024, this weekly wrestling and comedy show marks PodcastOne's 16th new podcast this fiscal year and 44th in the last 12 months. The network boasts 3.8 billion all-time downloads.

PodcastOne will oversee distribution and sales for the show, which promises insider knowledge, personal anecdotes, and special guests. The Nemeth brothers, known for their dynamic personalities and diverse careers in wrestling, acting, and comedy, aim to create a 'must-listen' podcast for both wrestling fans and pop culture enthusiasts.

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PodcastOne (Nasdaq: PODC) reported record Q1 FY 2025 revenue of $13.2M, a 25% YoY increase. Key highlights include:

- Signed a $24M revenue B2B partnership with a Fortune 250 company
- Expanded pipeline for TV and film adaptations
- Added 9 new podcasts, bringing total to 187
- Sold another show to a top 5 streaming platform
- FY 2025 revenue guidance: $51-56M

Despite revenue growth, the company reported an operating loss of $1.4M and Adjusted EBITDA of $(0.3M). PodcastOne maintains its position as the 11th-ranked podcast publisher with 5.5M U.S. monthly unique listeners and 17.8M global downloads/streams.

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PodcastOne (Nasdaq: PODC) is set to announce its Q1 fiscal year 2025 financial results on August 13, 2024. The company will host an investor webcast at 11:30 AM ET to discuss operating and financial results for the quarter ended June 30, 2024. Senior management will provide a business update during the live conference call and audio webcast.

Participants can join via phone using the provided dial-in numbers or through the webcast link. A conference call replay will be available via the Echo Replay platform until August 26, 2024. PodcastOne, a subsidiary of LiveOne (Nasdaq: LVO), is a Los Angeles-based podcast network delivering over 2.1 billion downloads per year with a community of 250 top podcasters.

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FAQ

What is the current stock price of PodcastOne (PODC)?

PodcastOne (PODC) last closed at $1.94.

What is the market cap of PodcastOne (PODC)?

The market cap of PodcastOne (PODC) is approximately $58.7M.