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LiveOne's Podcastone And Jordan Harbinger Strike High Seven-Figure Renewal Deal For Top-Rated The Jordan Harbinger Show

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LiveOne (NASDAQ: LVO) has secured a high seven-figure renewal deal with podcaster Jordan Harbinger, ensuring the continued success of The Jordan Harbinger Show on its platform. This show, which launched in 2018, boasts nearly 11 million downloads monthly and over 300 million total downloads. Recognized as a leading podcast, it features prominent guests from various fields. This renewed partnership is expected to drive further growth for LiveOne’s PodcastOne network, enhancing its content portfolio and audience engagement.

Positive
  • Renewal deal with Jordan Harbinger expected to enhance audience engagement.
  • The Jordan Harbinger Show has nearly 11 million monthly downloads.
  • PodcastOne, a subsidiary of LiveOne, aims for further audience growth.
Negative
  • Dependence on a single podcast for a substantial portion of audience engagement.

LOS ANGELES, Oct. 19, 2021 /PRNewswire/ -- PodcastOne, a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it has signed a high seven figure renewal deal with podcast host and former Wall Street attorney Jordan Harbinger that keeps him and his top rated The Jordan Harbinger Show with the network for the foreseeable future. The Jordan Harbinger Show launched with the network in 2018 and is available on PodcastOne, Apple, Spotify, Amazon, Facebook and wherever podcasts are heard.

With download numbers nearing 11 million monthly and over 300 million all-time, The Jordan Harbinger Show is a leading interview podcast featuring in-depth conversations with people at the top of their game from business leaders, entertainers, scientists and athletes to an eclectic array of fascinating minds, from art forgers and arms traffickers to global spies and psychologists. Previous guests have included AirBnB's Brian Chesky, billionaire and hedge fund manager Ray Dalio, author Simon Sinek, billionaire and serial entrepreneur Mark Cuban, television journalist Anderson Cooper, Academy Award winning actor Matthew McConaughey, musician Moby, hip-hop artist T-Pain, rapper Rick Ross, scientists Neil deGrasse Tyson and Bill Nye, and athletes like Kobe Bryant, Dennis Rodman and Tony Hawk.

"Jordan embodies what podcasting is all about. His impeccable interviewing skills, his unmatched rapport with guests, his integrity and his knowledge of marketing and the business of podcasting are keystones in the growth of The Jordan Harbinger Show and his audience is ever expanding. Not only is Jordan a dream partner in podcasting, he's also a dear friend and we are looking forward to, and anticipating, even bigger things in 2022 and beyond," said Kit Gray, President of PodcastOne.

The Jordan Harbinger Show has been named one of the "Best Of" and "Most Downloaded Shows" by Apple and has been on the iTunes Top 50 Chart in the U.S., Canada, UK and Australia. The show has been nominated for AdWeek's Podcast of the Year Awards, Digital Hollywood Award, Discover Pods Awards. 

About PodcastOne
PodcastOne is a leading advertiser-supported podcast company, offering a 360-degree solution for both content creators and advertisers, including content development, brand integration and distribution.  Acquired by LiveOne in 2020, the two entities have subsequently teamed to create a new video podcast (Vodcast) network under the LiveOne umbrella.  Amassing more than 2.38 billion downloads per year with 300+ episodes distributed per week across a stable of hundreds of top podcast programs, including influencer talent like Adam Carolla, Kaitlyn Bristowe, Steve Austin, Armando "Pitbull" Perez, Jordan Harbinger, Heather Dubrow, The LadyGang, Dr. Drew, Jay Cutler, Brett Favre, Robert Horry and top-rated true crime shows including Bad Bad Thing, Court Junkie, A&E's Cold Case Files, American Nightmare, First Degree and more. Its shows are distributed across its own platform as well as LiveOne's owned-and-operated channels on mobile, mobile web, desktop and SmartTV's. PodcastOne is the parent company of LaunchpadOne, an innovative self-serve platform developed to launch, host, distribute and monetize independent user-generated podcasts.  PodcastOne is the brainchild of Radio Hall of Famer, Norm Pattiz, also the founder of Network Radio-giant, Westwood One.

About LiveOne Media, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is a global talent-first, interactive music, sports, and entertainment subscription platform delivering premium content and livestreams from the world's top artists. The Company has streamed over 1,800 artists since January 2020, a library featuring close to 30 million songs, 500 expertly curated radio stations, 235 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, an NFTs business, and has created a valuable connection between brands, fans, and bands. The Company's other major wholly-owned subsidiaries are LiveXLive, PPVOne, Slacker RadioReact Presents, Custom Personalization Solutions, and PodcastOne which generates more than 2.38 billion downloads per year and 300+ episodes distributed per week across a stable of hundreds of top podcasts. The combination of acquisitions and the expansion of products and franchises have secured LiveOne as a top-rated music, entertainment, and media services company. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, STIRR, Sling, and XUMO, in addition to its app, online website, and social channels. For more information, visit www.livexlive.com and follow us on Facebook, InstagramTikTok, and Twitter at @livexlive.

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: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing, acquisition, spin-out, distribution or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition, spin-out, distribution or transaction will not occur or whether any such event will enhance shareholder value; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid subscribers; the Company identifying, acquiring, securing and developing content; the Company's intent to repurchase shares of its common stock from time to time under its announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; the Company's ability to maintain compliance with certain financial and other covenants; the Company 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; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company's subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2021, filed with the U.S. Securities and Exchange Commission (the "SEC") on July 14, 2021, Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, filed with the SEC on August 16, 2021, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Press Contact:

LiveOne
aileen@livexlive.com
917.842.9653

LiveOne IR Contact:
IR@liveone.com
310.601.2505

PodcastOne
Susan@Guttmanpr.com
310.246.4600

 

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SOURCE LiveOne, Inc.

FAQ

What recent deal did LiveOne sign related to The Jordan Harbinger Show?

LiveOne signed a high seven-figure renewal deal with Jordan Harbinger for The Jordan Harbinger Show.

How successful is The Jordan Harbinger Show in terms of downloads?

The show has nearly 11 million downloads monthly and over 300 million all-time downloads.

What impact does the renewal deal have on LiveOne (LVO)?

The deal is expected to enhance audience engagement and drive growth for PodcastOne.

When did The Jordan Harbinger Show first launch with PodcastOne?

The Jordan Harbinger Show launched with PodcastOne in 2018.

LiveOne, Inc.

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