PodcastOne (NASDAQ: PODC), a leading podcast platform and a
subsidiary of LiveOne (NASDAQ: LVO), is excited to announce
the release of the latest season of its hit series, The
Opportunist, hosted by veteran true crime author and podcast host
Sara James McLaughlin.
In this new season,
Tim Ballard: Unmasking a Hero delves into the dramatic rise and
fall of Tim Ballard, the embattled founder of Operation Underground
Railroad. Known for his work rescuing trafficked children,
Ballard’s public persona hides darker allegations.
In this season,
McLaughlin takes listeners on a gripping investigative journey,
featuring interviews with some of the women who have accused
Ballard of sexual misconduct.
PodcastOne’s full roster of top ranked podcasts
includes programming across top genres such as news, comedy, true
crime and society and culture and including shows such as The
Opportunist, Vigilante, True Crime All The Time Unsolved, The
Prosecutors, Court Junkie, Cold Case Files, I Survived, Baby Mamas
No Drama, The Adam Carolla Podcast, and The Schaub Show. PodcastOne
shows are available through PodcastOne, Apple Podcasts,
Spotify, iHeart, Amazon and wherever podcasts are heard.
About PodcastOnePodcastOne
(Nasdaq: PODC) is a Los Angeles based podcast network founded in
2012 by Kit Gray and Norm Pattiz providing creators and advertisers
with a full 360-degree solution in sales, marketing, public
relations, production, and distribution delivering over 2.1 billion
downloads per year with a community of 250 of the top podcasters,
including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger,
LadyGang, and A&E's Cold Case Files. PodcastOne has built a
distribution network reaching over 1 billion listeners a month
across all of its own properties, LiveOne (Nasdaq: LVO),
Spotify, Apple Podcasts, iHeartRadio, Samsung and over 150 shows
exclusively available in Tesla vehicles. PodcastOne is also the
parent company of LaunchpadOne, an innovative self-serve
platform developed to launch, host, distribute and monetize
independent user-generated podcasts. For more information, visit
podcastone.com and follow us on Facebook, Instagram,
YouTube and Twitter at @podcastone.
About LiveOne,
Inc.Headquartered in Los Angeles, CA, LiveOne
(Nasdaq: LVO) is an award-winning, creator-first, music,
entertainment, and technology platform focused on delivering
premium experiences and content worldwide through memberships and
live and virtual events. The Company's wholly-owned subsidiaries
include Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, CPS,
LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne
is available on iOS, Android, Roku, Apple TV, Spotify, Samsung,
Amazon Fire, Android TV, and through STIRR’s OTT applications. For
more information, visit liveone.com and follow us
on Facebook, Instagram, TikTok, YouTube and
Twitter at @liveone.
Forward-Looking StatementsAll
statements other than statements of historical facts contained in
this press release are “forward-looking statements,” which may
often, but not always, be identified by the use of such words as
“may,” “might,” “will,” “will likely result,” “would,” “should,”
“estimate,” “plan,” “project,” “forecast,” “intend,” “expect,”
“anticipate,” “believe,” “seek,” “continue,” “target” or the
negative of such terms or other similar expressions. These
statements involve known and unknown risks, uncertainties and other
factors, which may cause actual results, performance or
achievements to differ materially from those expressed or implied
by such statements, including: LiveOne’s reliance on its largest
OEM customer for a substantial percentage of its revenue; LiveOne’s
and PodcastOne’s ability to consummate any proposed financing,
acquisition, merger, distribution or transaction, the timing of the
consummation of any such proposed event, including the risks that a
condition to the consummation of any such event would not be
satisfied within the expected timeframe or at all, or that the
consummation of any proposed financing, acquisition, merger,
special dividend, distribution or transaction will not occur or
whether any such event will enhance shareholder value; LiveOne’s
ability to extend its current credit facility and/or enter into a
new credit facility; PodcastOne’s ability to continue as a going
concern; PodcastOne’s ability to attract, maintain and increase the
number of its listeners; PodcastOne identifying, acquiring,
securing and developing content; LiveOne’s intent to repurchase
shares of its and/or PodcastOne’s common stock from time to time
under LiveOne’s announced stock repurchase program and the timing,
price, and quantity of repurchases, if any, under the program;
LiveOne’s ability to maintain compliance with certain financial and
other covenants; PodcastOne successfully implementing its growth
strategy, including relating to its technology platforms and
applications; management’s relationships with industry
stakeholders; uncertain and unfavorable outcomes in legal
proceedings; changes in economic conditions; competition; risks and
uncertainties applicable to the businesses of PodcastOne, LiveOne
and/or LiveOne’s other subsidiaries; and other risks, uncertainties
and factors including, but not limited to, those described in
PodcastOne’s Annual Report on Form 10-K for the fiscal year ended
March 31, 2024, filed with the U.S. Securities and Exchange
Commission (the “SEC”) on July 1, 2024, PodcastOne’s Quarterly
Report on Form 10-Q for the fiscal quarter ended June 30, 2024,
filed with the SEC on August 13, 2024, and in PodcastOne’s other
filings and submissions with the SEC. These forward-looking
statements speak only as of the date hereof, and PodcastOne
disclaims any obligation to update these statements, except as may
be required by law. PodcastOne intends that all forward-looking
statements be subject to the safe-harbor provisions of the Private
Securities Litigation Reform Act of 1995.
Press Contacts:
For
PodcastOne310.246.4600Susan@Guttmanpr.com
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