via NewMediaWire
- PodcastOne (NASDAQ: PODC), a leading
podcast platform and a subsidiary of LiveOne (NASDAQ: LVO),
announced that it has obtained the exclusive distribution and sales
rights to the podcast Nighty Night hosted by New York Times
best-selling author and attorney Rabia Chaudry (Adnan’s Story).
Chaudry, who also served as an Executive
Producer on the HBO documentary series “The Case Against Adnan
Syed” based on the life of her childhood friend, joins PodcastOne
with her Nighty Night podcast, an anthology of bone-chilling
bedtime stories that will be sure to keep you wide awake all night.
The creepy tales will be a mix of both original content and lesser
known classics delivered with a modern spin. Since its launch in
late 2021, Nighty Night has released forty-one nightmare inducing
episodes.
“We have been long-time fans of Rabia, for her
work as an esteemed podcast host and for her work as a revered
advocate. Rabia and her work with Adnan Sayed told through the
podcast Serial, put podcasting on the map for mainstream audiences.
We are thrilled that she is joining us at PodcastOne and look
forward to welcoming her to our family of podcasters,” said Kit
Gray, President and Co-Founder of PodcastOne.
Chaudry is represented by Paul Anderson of
Workhouse Media.
PodcastOne’s full roster of top ranked podcasts
includes programming across top genres such as news, comedy, true
crime, sports and society and culture and including shows such as
True Crime All The Time Unsolved, The Prosecutors, Court Junkie,
Cold Case Files, I Survived, Trust Me, Murder Made Me Famous, 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. LiveOne’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 PodcastOne’s ability to consummate
any proposed financing, acquisition, spin-out, special dividend,
merger, distribution or transaction, including LiveOne’s
pay-per-view business and the proposed merger of Slacker with Roth
CH Acquisition V Co. (the “Proposed Business Combination”), 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 or transaction will not occur or whether any such
event will enhance shareholder value; Slacker’s ability to list on
a national exchange; 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.
No Offer or SolicitationThis
communication does not constitute a proxy statement or solicitation
of a proxy, consent, vote or authorization with respect to any
securities or in respect of the Proposed Business Combination and
shall not constitute an offer to sell or exchange, or a
solicitation of an offer to buy or exchange any securities, nor
shall there be any sale, issuance or transfer of any such
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such state or
jurisdiction. No offer of securities shall be made except by means
of a prospectus meeting the requirements of Section 10 of the
Securities Act of 1933, as amended, or an exemption therefrom.
Press Contacts:
For PodcastOne 310.246.4600
Susan@Guttmanpr.com
LiveOne (NASDAQ:LVO)
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