PodcastOne (Nasdaq: PODC) and Nic and Ryan Nemeth Tag Team for Joint Venture Nemeth Bros Podcast
PodcastOne (Nasdaq: PODC) has entered a multi-year exclusive joint venture with wrestling champion Nic Nemeth and actor Ryan Nemeth for the Nemeth Bros Podcast. Set to launch on September 5, 2024, this weekly wrestling and comedy show marks PodcastOne's 16th new podcast this fiscal year and 44th in the last 12 months. The network boasts 3.8 billion all-time downloads.
PodcastOne will oversee distribution and sales for the show, which promises insider knowledge, personal anecdotes, and special guests. The Nemeth brothers, known for their dynamic personalities and diverse careers in wrestling, acting, and comedy, aim to create a 'must-listen' podcast for both wrestling fans and pop culture enthusiasts.
PodcastOne (Nasdaq: PODC) ha avviato una joint venture esclusiva pluriennale con il campione di wrestling Nic Nemeth e l'attore Ryan Nemeth per il Nemeth Bros Podcast. In programma per il 5 settembre 2024, questo show settimanale di wrestling e commedia segna il 16° nuovo podcast di PodcastOne in quest'anno fiscale e il 44° negli ultimi 12 mesi. La rete vanta 3,8 miliardi di download totali.
PodcastOne curerà la distribuzione e le vendite per lo show, che promette conoscenze esclusive, aneddoti personali e ospiti speciali. I fratelli Nemeth, noti per le loro personalità dinamiche e le carriere diverse nel wrestling, nella recitazione e nella commedia, puntano a creare un podcast 'imperdibile' per gli appassionati di wrestling e gli amanti della cultura pop.
PodcastOne (Nasdaq: PODC) ha entrado en una joint venture exclusiva a largo plazo con el campeón de lucha libre Nic Nemeth y el actor Ryan Nemeth para el Nemeth Bros Podcast. Programado para lanzarse el 5 de septiembre de 2024, este programa semanal de lucha libre y comedia marca el 16º nuevo podcast de PodcastOne en este año fiscal y el 44º en los últimos 12 meses. La red cuenta con 3.8 mil millones de descargas en total.
PodcastOne supervisará la distribución y las ventas del programa, que promete conocimientos internos, anécdotas personales y invitados especiales. Los hermanos Nemeth, conocidos por sus personalidades dinámicas y diversas carreras en lucha libre, actuación y comedia, tienen como objetivo crear un podcast 'imprescindible' para los fanáticos de la lucha libre y los entusiastas de la cultura pop.
PodcastOne (Nasdaq: PODC)는 레슬링 챔피언 Nic Nemeth와 배우 Ryan Nemeth와 독점적인 다년 공동 사업 계약을 체결했습니다. 2024년 9월 5일에 출범할 예정인 이 주간 레슬링 및 코미디 쇼는 PodcastOne의 16번째 새로운 팟캐스트이자 지난 12개월간의 44번째 팟캐스트입니다. 이 네트워크는 38억 다운로드의 기록을 자랑합니다.
PodcastOne은 이 프로그램의 배포 및 판매를 담당하며, 내부 지식, 개인적인 일화 및 특별 게스트를 약속합니다. 레슬링, 연기, 코미디에서 다양한 경력을 갖춘 네메스 형제는 레슬링 팬과 대중 문화 애호가 모두를 위한 '반드시 들어야 할' 팟캐스트를 만들고자 합니다.
PodcastOne (Nasdaq: PODC) a signé un partenariat exclusif de plusieurs années avec le champion de lutte Nic Nemeth et l'acteur Ryan Nemeth pour le Nemeth Bros Podcast. Prévu pour le 5 septembre 2024, cette émission hebdomadaire de lutte et de comédie marque le 16e nouveau podcast de PodcastOne pour cet exercice fiscal et le 44e au cours des 12 derniers mois. Le réseau affiche 3,8 milliards de téléchargements au total.
PodcastOne supervisera la distribution et les ventes de l'émission, qui promet des connaissances de l'intérieur, des anecdotes personnelles et des invités spéciaux. Les frères Nemeth, connus pour leurs personnalités dynamiques et leurs carrières diverses dans la lutte, la comédie et le théâtre, visent à créer un podcast 'incontournable' pour les fans de lutte et les passionnés de culture pop.
PodcastOne (Nasdaq: PODC) hat eine mehrjährige exklusive Joint Venture mit dem Wrestling-Champion Nic Nemeth und dem Schauspieler Ryan Nemeth für den Nemeth Bros Podcast gestartet. Geplant für den 5. September 2024, markiert diese wöchentliche Wrestling- und Comedy-Show den 16. neuen Podcast von PodcastOne in diesem Geschäftsjahr und den 44. in den letzten 12 Monaten. Das Netzwerk verzeichnet 3,8 Milliarden Downloads insgesamt.
PodcastOne wird die Verbreitung und den Verkauf der Show überwachen, die Insider-Wissen, persönliche Anekdoten und spezielle Gäste verspricht. Die Brüder Nemeth, bekannt für ihre dynamischen Persönlichkeiten und vielfältigen Karrieren im Wrestling, Schauspiel und Comedy, streben an, einen 'unbedingt hörenswerten' Podcast für Wrestling-Fans und Popkultur-Enthusiasten zu schaffen.
- PodcastOne secures exclusive multi-year joint venture with popular wrestling and entertainment figures
- Addition of Nemeth Bros Podcast marks 16th new podcast this fiscal year, indicating strong network growth
- PodcastOne network reaches 3.8 billion all-time downloads, demonstrating significant audience reach
- None.
Insights
This partnership between PodcastOne and the Nemeth brothers represents a strategic move in the competitive podcast market. While the financial terms aren't disclosed, it's a low-risk, high-potential venture for PodcastOne. The company is leveraging the Nemeth brothers' existing fan base in wrestling and comedy to potentially expand its listener demographics.
PodcastOne's strategy of adding 16 new podcasts this fiscal year shows aggressive growth, which could positively impact
While this news doesn't provide specific financial projections, it's part of PodcastOne's broader growth strategy. The company has added 44 new podcasts in the last 12 months, indicating an aggressive expansion. This could lead to increased ad inventory and potential revenue growth.
However, investors should note that content acquisition and production costs may rise in the short term. The key metrics to watch will be:
- Revenue per download
- Customer acquisition cost
- Advertiser retention rates
PodcastOne's parent company, LiveOne (NASDAQ: LVO), may see a positive impact if this strategy succeeds. Yet, the podcast industry is highly competitive and profitability can be challenging. Investors should look for updates on how these new shows contribute to overall financial performance in future earnings reports.
Wrestling World Champion Nic Nemeth and Brother Award Winning Actor Ryan Nemeth Launch Weekly Wrestling and Comedy Podcast
16th New Podcast Joining PodcastOne Network This Fiscal Year, 44th in Last 12 Months
3.8 Billion All-Time Network Downloads
LOS ANGELES, Sept. 04, 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 exclusive joint venture with Nic and Ryan Nemeth for the Nemeth Bros Podcast. PodcastOne will exclusively oversee the distribution and sales on the weekly wrestling and comedy show which is set for launch on September 5, 2024.
Nic and Ryan Nemeth bring all things wrestling, comedy, and pop culture along with insider knowledge, personal anecdotes, and special guests each week! Whether you're a die-hard wrestling fan or just looking for your next pop culture fix, Nemeth Bros offers a perfect mix of humor, commentary, and exclusive interviews that you won't want to miss.
“There are very few personalities that are as dynamic as Nic and Ryan Nemeth. Meeting them it was easy to see how they’ve managed to create their fandom, and we couldn’t be more thrilled to have them on our network. This duo is incredible, they are witty and they have the sort of charismatic energy that only points at success. We know that podcast listeners, wrestling fans or not, will love this show,” said Kit Gray, President of PodcastOne.
“When we were approached by PodcastOne to launch a podcast we were impressed by their enthusiasm, their professionalism, and their commitment. With their proven track record and the expert teams they have in place, we’re thrilled to partner with them. We cannot wait to share our unique voice, expert opinions and our sibling revelry and rivalry and make this podcast the “must listen” in podcasting,” said Nic and Ryan Nemeth.
Nic Nemeth is the Wanted Man! He is the current TNA World Champion and a two-time WWE World Champion, a living legend in pro wrestling, and he has garnered championship titles all over the world. He's been featured on Comedy Central's Roast Battle, starred in the film Countdown, and you can see him in the feature film Drugstore June. Ryan Nemeth is an award-winning actor, writer, wrestler, and comedian. You can see him in A24's feature film The Iron Claw, in the upcoming film Stranglehold, countless sketches on Jimmy Kimmel Live, and on AEW and TNA programming as the Hollywood Hunk. Nic and Ryan perform live together on their touring variety show Hunkamania.
Nemeth Bros 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.
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FAQ
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