PodcastOne (PODC) Expands Programming Slate to 194 Shows and Surpasses 3.8 Billion Network Downloads

Rhea-AI Summary

PodcastOne (NASDAQ: PODC) has expanded its programming slate to 194 shows and achieved over 3.8 billion network downloads. The company announced the addition of five new weekly podcasts, including shows from A&E's The History Channel, country singer Sara Evans, and entrepreneur James Altucher. This expansion represents 54 new shows added in 2024 and strengthens PodcastOne's presence in key genres such as History, How To, Society and Culture, and Self-Help.

The new additions include Ancient Aliens, Diving in Deep with Sara Evans, The James Altucher Show, Moms Ask Why, and Delusional Diaries. PodcastOne's distribution network reaches over 1 billion listeners monthly across various platforms, including LiveOne, Spotify, Apple Podcasts, and Tesla vehicles.

Positive

• Network expansion to 194 shows, adding 54 new shows in 2024
• Achieved 3.8 billion total network downloads
• Distribution network reaches over 1 billion listeners monthly
• Strategic expansion into diverse content genres

Negative

• None.

Insights

Market Research Analyst

The expansion to 194 shows and 3.8 billion network downloads marks significant growth for PodcastOne. Adding 54 new shows in 2024 demonstrates strong execution of their content acquisition strategy. The diverse new content lineup, including established brands like The History Channel and recognized personalities like Sara Evans, should help expand their listener demographics and advertising opportunities. The platform's broad distribution network reaching over 1 billion monthly listeners across major platforms like Spotify, Apple and Tesla vehicles provides multiple revenue streams and strong market positioning.

The focus on popular genres like History, How-To and Self-Help aligns with current market trends and listener demands. This strategic content diversification, combined with their LaunchpadOne self-serve platform, positions them well for both professional and user-generated content growth. However, with a relatively modest $57.2M market cap, the company still needs to prove it can effectively monetize this expanded reach.

Podcasts from A&E’s The History Channel, Country Star Sara Evans and Entrepreneur James Diversify Network Offering

LOS ANGELES, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales network, announced today a network expansion with weekly podcasts from A&E’s The History Channel, award winning country singer Sara Evans and entrepreneurial expert James Altucher. Also joining PodcastOne is the long running Delusional Diaries podcast and the recently debuted Moms Ask Why podcast. These five additions increase PodcastOne’s network roster of shows to 194, while recently surpassing 3.8 billion programming downloads.

"Creators and brands are choosing PodcastOne for its robust infrastructure that leverages technology, production efficiencies, advertising breadth, and marketing reach to attract an even larger and more diverse listener base,” said Kit Gray, President of PodcastOne.

"We’re thrilled to welcome these five exciting shows to PodcastOne, marking 54 shows added in 2024, a testament to our goal of being the go-to platform for both established and emerging podcasters. This expansion not only allows us to deliver fresh, engaging content but also opens up new opportunities for our advertising partners to connect with an increasingly engaged audience," Continued Mr. Gray

The acquisition of flourishing podcasts and the launch of new podcasts broadens PodcastOne’s reach in key genres such as History, How To, Society and Culture and Self-Help. Podcasts new to PodcastOne:

Ancient Aliens - Taken from the television show of the same name, The History Channel's Ancient Aliens explores the controversial theory that extraterrestrials have visited Earth for millions of years. From the age of the dinosaurs to ancient Egypt, from early cave drawings to continued mass sightings in the US, each episode in this hit series gives historic depth to the questions, speculations, provocative controversies, first-hand accounts and grounded theories surrounding this age-old debate.

Diving in Deep with Sara Evans - From Country Music Superstar Sara Evans, Diving in Deep with Sara Evans is a head-first plunge into the life of a true country music visionary. Be along for the ride as Sara makes sense of the world and how she fits in it.

The James Altucher Show - From author and entrepreneur James Altucher, The James Altucher Show brings you into the lives of peak-performers: billionaires, best-selling authors, rappers, astronauts, athletes, comedians, actors, and the world champions in every field, all who forged their own paths, found financial freedom and harnessed the power to create more meaningful and fulfilling lives.

Moms Ask Why - Hosted by Chelsea Juels and Brittany Whitney, Moms Ask Why is a podcast from two mothers who challenge the "norm" surrounding motherhood. They ask the questions that many of us are thinking but may be afraid to voice with a mission to educate, inspire, and empower mothers to reclaim their families' and, most importantly, their children's health.

Delusional Diaries’ Halley and Jaz are bringing you along as they navigate their lives in NYC. In each episode, the duo discuss dating, friendships, hot takes and more. Listen and feel like you're on FaceTime with your best friends laughing through the ups and downs of life.

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 includes shows such as The Jordan Harbinger Show, Karma and Chaos, The Adam Carolla Show, Off The Vine with Kaitlyn Bristowe, LadyGang, Gals on the Go, The Prosecutors, Court Junkie, Cold Case Files, I Survived, and Varnamtown. PodcastOne shows are available through PodcastOne, Apple Podcasts, Spotify, YouTube, iHeart, Amazon and wherever podcasts are heard.

About PodcastOne
PodcastOne (NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a full 360-degree solution in sales, marketing, public relations, production and distribution. PodcastOne has over 3.5 billion total downloads with a community of 200 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 channels, including its majority shareholder, LiveOne (NASDAQ: LVO), as well as 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 www.podcastone.com and follow us on Facebook, Instagram, YouTube and X at @podcastone.

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 its largest OEM customer for a substantial percentage of its revenue; LiveOne’s and PodcastOne’s ability to consummate any proposed financing, acquisition, merger, distribution or other 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; LiveOne’s ability to extend and/or refinance its indebtedness and/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such 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 September 30, 2024, filed with the SEC on November 14, 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:

310.246.4600
Susan@Guttmanpr.com

IR Contact
Chris Donovan
914-352-5853
PODC@mzgroup.us  

FAQ

How many total downloads has PodcastOne (PODC) achieved as of December 2024?

PodcastOne has surpassed 3.8 billion network downloads as of December 2024.

How many new shows did PodcastOne (PODC) add in 2024?

PodcastOne added 54 new shows to its network in 2024.

What is the current total number of shows in PodcastOne's (PODC) network?

PodcastOne's network currently includes 194 shows.

What is PodcastOne's (PODC) monthly listener reach across all channels?

PodcastOne reaches over 1 billion listeners monthly across all distribution channels.

Which major platforms carry PodcastOne (PODC) content?

PodcastOne content is available on LiveOne, Spotify, Apple Podcasts, iHeartRadio, Samsung, and exclusively in Tesla vehicles.