via NewMediaWire – PodcastOne (NASDAQ: PODC), a leading podcast
platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns ~73%
of the PODC outstanding common stock, announced today that it has
extended its agreement with A+E Networks for the exclusive sales
and distribution rights to popular true crime podcasts “Cold Case
Files” and “I Survived.” As part of the agreement, the two thriving
media companies will expand their relationship and introduce two
new podcasts based on A&E’s long-running television programs,
“American Justice” and “City Confidential.”
Show descriptions:
Cold Case FilesThere are over 100,000 cold
cases in America, and only about 1% are ever solved. Based on the
iconic, Emmy-nominated series on A&E, this show examines the
twists and turns of one murder case that remained unsolved for
years, and the critical element that heated it up, leading to the
evidence that finally solved it. With recent advancements in
technology and the methods used to solve these cases, as well as
the unwavering dedication of victims’ families, law enforcement and
the public, “Cold Case Files” explores the cases that defied the
odds. Cold Case Files is hosted by Paula Barros.
I SurvivedWhat is it like to face death and
make it out alive? Based on the groundbreaking A&E television
series, “I Survived” documents harrowing stories of human
endurance. In their own words, survivors recall how they overcame
unbelievable circumstances that changed their lives forever.
American JusticeBased on the long-running
A&E series, “American Justice” looks at recent criminal cases
in the United States through the prism of the criminal justice
system, and from the first-hand perspectives of the prosecutors,
defense attorneys, investigators, victims and perpetrators
involved. Each story reveals how our justice system works, and,
sometimes, how it doesn’t.
City ConfidentialBased on the A&E series,
“City Confidential” tells the story of one crime, the ensuing
investigation, and the ripple effect it had on a community.
Speaking with family, friends, detectives, journalists, and others
close to the case, the series weaves together first-hand accounts
and archival footage to explore the crime and its outcome.
“PodcastOne is proud of our long term multiyear relationship
with A+E Networks that has grown with 9 seasons of the smash
podcast hit Cold Case Files, 3 incredible seasons of fan favorite I
Survived and now with two more A&E properties, American Justice
and City Confidential. Our listeners love these podcasts and our
network team loves working with A&E as do our advertisers. It’s
a fantastic relationship and we are looking forward to more great
successes together,” said Kit Gray, President and Co-founder of
PodcastOne.
“We are delighted to build upon our successful partnership with
PodcastOne, which not only continues to extend the reach of our
most popular properties on the PodcastOne platform but will now
expand our collaboration with two captivating new series, American
Justice and City Confidential. As success begets success, this new
agreement highlights the unwavering passion audiences have for A+E
Networks’ brands and series that resonate around the globe,” said
Eli Lehrer, Executive Vice President and General Manager of
HISTORY.
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 True Crime All The
Time Unsolved, The Prosecutors, Court Junkie, Varnamtown, Baby
Mamas No Drama, The Adam Carolla Show, and The Schaub Show.
PodcastOne shows are available through PodcastOne, Apple Podcasts,
Spotify, iHeart, Amazon and wherever podcasts are heard.
About PodcastOne
PodcastOne (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, A&E's Cold Case Files and Varnamtown.
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, Palm Beach Records, 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 Statements
All 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
PodcastOne’s ability to consummate any proposed financing,
acquisition, spin-out, special dividend, merger, distribution or
transaction, including the spin-out of LiveOne’s pay-per-view
business, 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;
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 LiveOne and/or its
other subsidiaries; and other risks, uncertainties and factors
including, but not limited to, those described in PodcastOne’s
Special Financial 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 December 31, 2023, filed with the
SEC on February 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.
ABOUT A+E
A+E is a global content company comprised of some of the most
popular and culturally relevant brands in media, including
A&E®, Lifetime®, The HISTORY® Channel, LMN®, FYI,® and VICE
TV®. A+E Networks’ portfolio extends across platforms and genres
with a scripted production division, A+E Studios®; unscripted
production teams, A+E Factual Studios™ and independent film unit,
A&E IndieFilms®. A+E’s Global Content Sales and International
teams extend the breadth of A+E’s vast and quality library of
content across the entire multiplatform ecosystem, from Owned and
Operated SVODs; to the AVOD and FAST Channel universe and through
compelling podcasts; and A+E International includes A+E-branded
channels around the world, content licensing; and a prolific
scripted/unscripted co-production business. A+E’s content reaches
more than 414 million households in 200 territories in 40
languages. A+E Networks is a joint venture of Disney-ABC Television
Group and Hearst.
Press Contacts:For
PodcastOne310-246-4600Susan@Guttmanpr.com
Investor Relations:Jason
Assad678-570-6791jwassad@podcastone.com
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