via NewMediaWire
- PodcastOne (NASDAQ: PODC), a leading
podcast platform and a subsidiary of LiveOne (NASDAQ: LVO),
announced today that it has acquired the exclusive sales and
distribution rights, as well as certain ownership and IP and
derivative rights, to a top true crime podcast, Vigilante. Named
“Best True Crime Podcast of 2022” by Vulture and The Boston Globe,
Vigilante debuted that same year. Season two of the hit podcast is
set for Spring 2024.
Vigilante is an investigative podcast that tells
true stories of people who took the law into their own hands - for
better, for worse, or somewhere in between. Season One told the
story of Tim Miller, a famous search-and-rescuer in Dickinson,
Texas, who's helped track down more than 300 missing persons. After
38 years of searching, he became convinced that he had finally
solved his own daughter’s murder. As season one host of the
podcast, journalist Allie Conti (New York Times, Vice) explores the
human cost of Tim’s singular obsession with the case, from the
people he falsely accused, to the girlfriend he put in the
crosshairs of a possible serial killer. As Conti prepares to
interview the suspect in person, she grapples with whether she
might be the latest victim of Tim’s vigilantism.
“For decades audiences around the globe have
been fascinated with crime fighting citizens in film and television
and now Vigilante tells the real life version of those stories and
listeners are here for it,” said Kit Gray, President and Co-Founder
of PodcastOne.
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 Bad Bad
Thing, The Opportunist, True Crime All The Time Unsolved, The
Prosecutors, Court Junkie, Cold Case Files, I Survived, I’ve Had
It, 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 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, I’ve
Had It, 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, 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 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 users and paid members;
PodcastOne identifying, acquiring, securing and developing content;
LiveOne’s intent to repurchase shares of its and 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; the effects of the global
Covid-19 pandemic; 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 June
30, 2023, filed with the SEC on August 15, 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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