via NewMediaWire - PodcastOne (NASDAQ: PODC), a leading podcast
platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns ~80%
of the PODC outstanding common stock, announced today that it
entered into a new agreement with Kelly Stafford for her The
Morning After with Kelly Stafford & Hank Podcast for the
exclusive distribution and advertising sales rights of the podcast.
The headline-making Apple charting show launched in 2021 and joined
the PodcastOne network in 2022.
She’s mother to four young girls and her husband
is a Super Bowl winning QB; his daughter is obsessed with
dinosaurs. Kelly Stafford and bestie Hank Winchester know a thing
or two about pressure, the spotlight, and keeping it all together
for their kiddos. Stafford’s insight on the intensity of
professional football, and his life working in television news
(“Help Me Hank WDIV NBC Detroit”) is not for the faint of heart.
Their stories about life and raising kids will not only have you
laughing, but they’ll make you feel connected to the chaos we’re
all trying to navigate. So sit back, pour a splash and let’s have a
time!
“Kelly is a leading voice in the parenting
influencer space. She has been a big part of our network and we are
thrilled to have her extend with us. We love the recent
addition of Hank as co-host of The Morning After and can’t wait to
see where the show goes moving forward,” said Kit Gray, President
and Co-Founder of PodcastOne.
“We can’t wait to share more stories, more
special moments and of course more splashes. Having y’all along on
this ride and engaging with you makes it all the better. Thank you
to PodcastOne for supporting us as we continue to grow our Morning
After community in 2024,” said Stafford and Winchester.
PodcastOne’s full roster of top ranked podcasts
includes programming across top genres such as news, comedy, true
crime and society and culture, including shows such as Off The Vine
with Kaitlyn Bristowe, Baby Mamas No Drama, LadyGang, Coffee
Convos, Gals on the Go, When Reality Hits with Jax and Brittany and
Barely Famous. 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, Gramophone Media, Palm Beach Records, CPS,
LiveXLive, 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 one key customer for a substantial percentage
of its revenue; LiveOne’s and/or PodcastOne’s ability to consummate
any proposed financing, acquisition, spin-out, special dividend,
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, spin-out, merger, special
dividend, distribution or transaction will not occur or whether any
such event will enhance shareholder value; 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; PodcastOne’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’s 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, 2023, filed with the U.S. Securities and Exchange
Commission (the “SEC”) on June 29, 2023, Quarterly Report on Form
10-Q for the quarter year ended September 30, 2023, filed with the
SEC on November 20, 2023, 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 PodcastOne 310.246.4600
Susan@Guttmanpr.com
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