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PodcastOne, Inc. - PODC STOCK NEWS

Welcome to our dedicated page for PodcastOne news (Ticker: PODC), a resource for investors and traders seeking the latest updates and insights on PodcastOne stock.

PodcastOne, Inc. (NASDAQ: PODC) is a leading podcast platform and publisher offering a full suite of services including sales, marketing, production, and distribution. Established in 2012 by Kit Gray and Norm Pattiz, PodcastOne provides content across top podcasting platforms such as Spotify, Apple Podcasts, Amazon Music, and more. The company boasts over 2.1 billion downloads per year and reaches over 1 billion listeners monthly.

PodcastOne operates as a subsidiary of LiveOne, Inc. (NASDAQ: LVO), which holds approximately 73% of its outstanding common stock. The company's extensive content portfolio includes popular podcasts like Cold Case Files, I Survived, The Adam Carolla Show, and Baby Mamas No Drama. Recently, the company announced an extended agreement with A+E Networks for exclusive rights to new podcasts based on A+E’s hit TV series, including American Justice and City Confidential.

PodcastOne has achieved significant milestones, including the nomination of Baby Mamas No Drama for Best Lifestyle Podcast at the 28th Annual Webby Awards and its acquisition of KSL Podcasts' new true crime series, Ransom: Position of Trust. The company's innovative platform, LaunchpadOne, allows independent podcasters to launch, distribute, and monetize their shows.

Financially, PodcastOne is on a growth trajectory with projected revenue of $50M-$55M for FY25, reflecting an increase from FY24’s anticipated $43.3M. The company’s content partnerships, such as the recent agreement with a major studio to sell TV rights for the podcast Vigilante, underscore its ongoing expansion and diversification efforts.

For more information about PodcastOne, visit PodcastOne.com and follow them on social media at @podcastone.

Rhea-AI Summary
PodcastOne (Nasdaq: PODC) is poised for significant growth, expecting a record 32% increase in Q4 FY24 revenue, reaching $11.7M with a $256K Adjusted EBITDA. The company anticipates a 25% YoY revenue growth in FY24, aiming for $43.3M revenue and $660K Adjusted EBITDA. PodcastOne has expanded its podcast offerings, secured a lucrative B2B partnership with a Fortune 250 company, and sold TV rights to a major studio. The company is also exploring opportunities for TV or movie productions with its scripted podcasts. PodcastOne's senior management will host a live conference call on May 30, 2024.
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PodcastOne's (PODC) The Adam Carolla Show podcast, hosted by Adam Carolla, celebrates its 15th anniversary with nearly 600 million downloads and over 5,000 episodes. The show features luminaries like Matt Damon, Jimmy Kimmel, and Francis Ford Coppola. Carolla was inducted into the Podcast Hall of Fame during the 2024 Podfest Expo. A special collection of the top 15 episodes will be available in Tesla vehicles.
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PodcastOne (PODC) acquires exclusive rights to KSL Podcasts' new true crime podcast 'Ransom: Position of Trust'. The podcast narrates the gripping story of a 12-year-old boy's kidnapping and betrayal by someone he trusted. Hosted by award-winning journalist Art Rascon, the podcast is set to debut on May 15, 2024, showcasing the strength of investigative storytelling and original IP development for TV and film.
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PodcastOne (PODC) appoints Carolyn Blackwood, a seasoned industry veteran, to its Board of Directors. With over 25 years of experience in the entertainment industry, including successful movies like 'Barbie' and 'Dune,' Blackwood brings valuable insights and deep relationships to enhance PodcastOne's content offerings and drive IP sales to networks.
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PodcastOne's Baby Mamas No Drama Nominated for Best Lifestyle Podcast at the 28th Annual Webby Awards, Hosted by Kail Lowry and Vee Rivera from MTV's Teen Mom, with 30 Million Downloads Across 187 Episodes.
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PodcastOne (PODC) expands its relationship with A+E Networks by launching two new podcasts 'American Justice' and 'City Confidential'. This marks the addition of the 28th and 29th new podcasts in the current fiscal year, bringing the total number of podcasts to 184. Combined downloads for 9 seasons of 'Cold Case Files' and 3 seasons of 'I Survived' reach nearly 150 million across more than 580 episodes and 300 hours of content.
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PodcastOne's President and Co-Founder to Present at 36th Annual ROTH Conference, offering investors a chance to engage with small-cap companies.
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PodcastOne, a leading podcast platform, acquires exclusive sales and distribution rights to The Bitch Bible Podcast, adding it as a cornerstone to their network. Jackie Schimmel will create video elements and increase original show production. PodcastOne's female network has over 500 million downloads.
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PodcastOne acquires exclusive sales and distribution rights to Camp Counselors podcast hosted by Zachariah Porter and Jonathon Carson, adding the 25th podcast to its network this year. The podcast, launched in 2022, has nearly 100 episodes to date, contributing to PodcastOne's total of 182 shows.
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PodcastOne (PODC) reported a revenue of $10.4M for Q3 Fiscal 2024 and closed an 8 figure annual revenue B2B partnership with a Fortune 500 company. The company ranked 10th in PODTRAC Top Publishers for January 2024 and has a U.S. Unique Monthly Audience of ~5.3 million and Global Downloads and Streams of ~19.2 million. Additionally, they added 24 new podcasts in FY2024, with ~100 in the pipeline and ~10 acquisitions in the pipeline. The senior management will host a live conference call and audio webcast on February 8, 2024. PodcastOne is a leading podcast platform and a subsidiary of LiveOne (LVO), which owns ~73% of the PODC outstanding common stock.
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FAQ

What is the current stock price of PodcastOne (PODC)?

The current stock price of PodcastOne (PODC) is $1.67 as of November 18, 2024.

What is the market cap of PodcastOne (PODC)?

The market cap of PodcastOne (PODC) is approximately 43.2M.

What is PodcastOne, Inc.?

PodcastOne, Inc. (NASDAQ: PODC) is a leading podcast platform and publisher offering a full suite of services including sales, marketing, production, and distribution.

What type of content does PodcastOne offer?

PodcastOne offers a wide range of podcasts across genres such as news, comedy, true crime, and society and culture. Popular shows include Cold Case Files, I Survived, and The Adam Carolla Show.

How many downloads does PodcastOne get annually?

PodcastOne delivers over 2.1 billion downloads per year, reaching more than 1 billion listeners monthly.

Who owns PodcastOne?

PodcastOne is a subsidiary of LiveOne, Inc. (NASDAQ: LVO), which owns approximately 73% of its outstanding common stock.

What recent partnerships has PodcastOne announced?

PodcastOne recently extended its agreement with A+E Networks and acquired exclusive rights to KSL Podcasts' new true crime series, Ransom: Position of Trust.

What financial goals has PodcastOne set for the future?

PodcastOne projects revenue of $50M-$55M for FY25, up from FY24’s anticipated $43.3M.

What is LaunchpadOne?

LaunchpadOne is PodcastOne's self-serve platform developed to help independent podcasters launch, distribute, and monetize their shows.

How can I listen to PodcastOne shows?

PodcastOne shows are available on PodcastOne's website, Apple Podcasts, Spotify, Amazon Music, and other major podcast platforms.

Where is PodcastOne headquartered?

PodcastOne is headquartered in Los Angeles, California.

How can I learn more about PodcastOne?

For more information, visit PodcastOne’s website at https://podcastone.com and follow them on social media at @podcastone.

PodcastOne, Inc.

Nasdaq:PODC

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PODC Stock Data

43.18M
24.44M
79.59%
2.6%
0.24%
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