PodcastOne (Nasdaq: PODC) Acquires Exclusive Multi-Year Sales and Distribution Rights to Fool Coverage with Manny MUA and Laura Lee Podcast
PodcastOne (Nasdaq: PODC) has acquired exclusive multi-year sales and distribution rights to Fool Coverage with Manny MUA and Laura Lee. This marks the 17th new podcast joining PodcastOne's network this fiscal year and the 45th in the last 12 months. The podcast, featuring Millennial and Gen Z beauty influencers Manny and Laura Lee, will air weekly episodes starting September 12, 2024.
Fool Coverage, which has 153 episodes since its 2021 launch, covers beauty, fashion, business insights, and celebrity gossip. PodcastOne's network boasts 3.8 billion all-time downloads and reaches over 1 billion listeners monthly across various platforms. The acquisition aligns with PodcastOne's strategy to expand its content offerings and strengthen its position in the podcast industry.
PodcastOne (Nasdaq: PODC) ha acquisito i diritti esclusivi di vendita e distribuzione per diversi anni del podcast Fool Coverage con Manny MUA e Laura Lee. Questo rappresenta il 17° nuovo podcast che si unisce alla rete di PodcastOne in questo anno fiscale e il 45° negli ultimi 12 mesi. Il podcast, che presenta gli influencer di bellezza della Generazione Y e Z Manny e Laura Lee, trasmetterà episodi settimanali a partire dal 12 settembre 2024.
Fool Coverage, che ha 153 episodi dal suo lancio nel 2021, tratta temi come bellezza, moda, approfondimenti aziendali e pettegolezzi sulle celebrità. La rete di PodcastOne vanta 3,8 miliardi di download totali e raggiunge oltre 1 miliardo di ascoltatori mensili su varie piattaforme. L'acquisizione è in linea con la strategia di PodcastOne per espandere le sue offerte di contenuti e rafforzare la sua posizione nell'industria dei podcast.
PodcastOne (Nasdaq: PODC) ha adquirido los derechos exclusivos de venta y distribución por varios años del podcast Fool Coverage con Manny MUA y Laura Lee. Esto marca el 17° nuevo podcast que se une a la red de PodcastOne en este año fiscal y el 45° en los últimos 12 meses. El podcast, que presenta a los influencers de belleza de las generaciones millennial y Z, Manny y Laura Lee, emitirá episodios semanales a partir del 12 de septiembre de 2024.
Fool Coverage, que tiene 153 episodios desde su lanzamiento en 2021, abarca temas de belleza, moda, análisis de negocios y chismes de celebridades. La red de PodcastOne cuenta con 3.8 mil millones de descargas totales y llega a más de 1 mil millones de oyentes mensuales en varias plataformas. La adquisición se alinea con la estrategia de PodcastOne para expandir su oferta de contenidos y fortalecer su posición en la industria de los podcasts.
PodcastOne (Nasdaq: PODC)는 Fool Coverage with Manny MUA and Laura Lee의 독점적인 다년간 판매 및 배급 권리를 인수했습니다. 이는 이번 회계연도에 PodcastOne 네트워크에 합류하는 17번째 새로운 팟캐스트이며, 지난 12개월 동안 45번째입니다. 밀레니얼 및 Z세대 뷰티 인플루언서인 Manny와 Laura Lee가 출연하는 이 팟캐스트는 2024년 9월 12일부터 매주 에피소드를 방송할 예정입니다.
2021년 런칭 이후 153개의 에피소드를 가진 Fool Coverage는 뷰티, 패션, 비즈니스 통찰력 및 연예인 가십을 다룹니다. PodcastOne의 네트워크는 38억 회의 다운로드를 기록하고 있으며, 다양한 플랫폼을 통해 매달 10억 명 이상의 청취자에게 도달합니다. 이 인수는 PodcastOne의 콘텐츠 제공을 확장하고 팟캐스트 업계에서의 입지를 강화하려는 전략에 부합합니다.
PodcastOne (Nasdaq: PODC) a acquis une exclusivité de plusieurs années pour les droits de vente et de distribution du podcast Fool Coverage avec Manny MUA et Laura Lee. Cela marque le 17ème nouveau podcast rejoignant le réseau de PodcastOne cette année fiscale et le 45ème au cours des 12 derniers mois. Le podcast, mettant en vedette les influenceurs beauté de la génération millénaire et Z, Manny et Laura Lee, proposera des épisodes hebdomadaires à partir du 12 septembre 2024.
Fool Coverage, qui compte 153 épisodes depuis son lancement en 2021, aborde des sujets tels que la beauté, la mode, les insights commerciaux et les potins de célébrités. Le réseau de PodcastOne affiche 3,8 milliards de téléchargements totaux et touche plus d'un milliard d'auditeurs par mois sur diverses plateformes. Cette acquisition s'inscrit dans la stratégie de PodcastOne visant à élargir son offre de contenu et à renforcer sa position dans l'industrie des podcasts.
PodcastOne (Nasdaq: PODC) hat die exklusiven Vertriebs- und Verkaufsrechte für mehrere Jahre an dem Podcast Fool Coverage mit Manny MUA und Laura Lee erworben. Dies ist der 17. neue Podcast, der in diesem Geschäftsjahr zum PodcastOne-Netzwerk hinzukommt, und der 45. in den letzten 12 Monaten. Der Podcast, der die Beauty-Influencer Manny und Laura Lee aus der Millennial- und Gen Z-Generation präsentiert, wird ab dem 12. September 2024 wöchentliche Episoden ausstrahlen.
Fool Coverage, das seit seinem Start im Jahr 2021 153 Episoden umfasst, behandelt Themen wie Schönheit, Mode, Geschäftseinblicke und Promi-Klatsch. Das Netzwerk von PodcastOne verzeichnet insgesamt 3,8 Milliarden Downloads und erreicht monatlich über 1 Milliarde Zuhörer auf verschiedenen Plattformen. Der Erwerb entspricht der Strategie von PodcastOne, das Inhaltsangebot zu erweitern und seine Position in der Podcast-Branche zu stärken.
- Acquisition of exclusive rights to a popular podcast with 153 episodes
- 17th new podcast added this fiscal year, 45th in last 12 months, indicating strong network growth
- PodcastOne network has 3.8 billion all-time downloads
- Reaches over 1 billion listeners monthly across various platforms
- None.
Insights
PodcastOne's acquisition of Fool Coverage represents a strategic move to expand its content portfolio and target younger demographics. With 153 episodes since 2021, the podcast has demonstrated sustainability and audience appeal. This deal marks PodcastOne's 17th new podcast this fiscal year and 45th in the last 12 months, indicating aggressive growth strategies. The company's 3.8 billion all-time network downloads showcase its strong market position.
However, the financial terms of the deal are not disclosed, making it challenging to assess the immediate impact on PodcastOne's revenue. The podcast's popularity among Millennials and Gen Z could potentially attract new advertisers, but the actual listener numbers and monetization potential remain unclear. While this acquisition aligns with PodcastOne's expansion strategy, its effect on the company's stock (PODC) may be without more concrete financial data.
PodcastOne's multi-platform distribution strategy is noteworthy. By making Fool Coverage available across major platforms like Apple Podcasts, Spotify, iHeart and Amazon, they're maximizing potential reach. The inclusion in Tesla vehicles is particularly interesting, tapping into a premium audience segment.
The company's tech infrastructure, including the LaunchpadOne platform for independent podcasters, demonstrates forward-thinking in content creation and monetization. However, in a rapidly evolving podcast market, PodcastOne faces stiff competition from tech giants like Spotify and Apple. The success of this acquisition will depend on PodcastOne's ability to leverage its tech stack for effective content delivery, audience engagement and ad targeting. While the deal shows promise, its tech-driven value proposition needs further proving in a crowded market.
Fool Coverage Has 153 Episodes Since Its Launch in 2021
17th New Podcast Joining PodcastOne Network This Fiscal Year, 45th in Last 12 Months
3.8 Billion All-Time Network Downloads
LOS ANGELES, Sept. 13, 2024 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it has entered into a multi-year agreement for the exclusives sales and distribution rights to Fool Coverage with Manny MUA and Laura Lee. The Millennial and Gen Z favored influencer beauty gurus Manny and Laura Lee bring their top reviewed pop culture comedy podcast to PodcastOne for weekly episodes starting September 12, 2024.
“Been there, done that and lived to tell the tale on their own podcast. Manny and Laura are incredible at connecting with their devoted and ever growing audience. They, as a duo, have transcended their notoriety as influencers to become top notch and compelling podcast hosts and we are thrilled to welcome them to PodcastOne,” said Kit Gray, President of PodcastOne.
Light coverage, medium coverage, full coverage? Manny MUA and Laura Lee are here to bring you Fool Coverage. There’s nothing like them on the market.
Fool Coverage is available through PodcastOne, Apple Podcasts, Spotify, iHeart, Amazon and wherever podcasts are heard. 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 The Adam Carolla Show, LadyGang, Baby Mamas No Drama, Varnamtown, The Prosecutors, Court Junkie, The Jordan Harbinger Show, Off the Vine with Kaitlyn Bristowe, Camp Counselors, and The Schaub Show.
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. For more investor information, please visit ir.podcastone.com/overview/default.aspx.
About LiveOne
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, 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. For more investor information, please visit ir.liveone.com.
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, 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, 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 PodcastOne, LiveOne and/or LiveOne’s other 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, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2024, PodcastOne’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024, filed with the SEC on August 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.
Press Contacts:
For PodcastOne
310.246.4600
Susan@Guttmanpr.com
Investor Relations:
Jason Assad
678-570-6791
jwassad@podcastone.com
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