PodcastOne (Nasdaq: PODC), a leading podcast platform and a
subsidiary of LiveOne (NASDAQ: LVO), announced today that it
has renewed its exclusive sales and distribution agreement for the
chart topping pop culture podcast I’ve Had It hosted by Jennifer
Welch and Angie “Pumps” Sullivan. I’ve Had It exploded on the
podcast scene in 2022 and has soared in popularity across multiple
demographics leading to their first nominations for the iHeartRadio
Podcast Awards in 2024 for the Best Pop Culture Podcast and Best
Emerging Podcast.
Jennifer, a successful Oklahoma City based
interior designer and mother of two, and Pumps, an attorney and
mother of three, co-starred on the Bravo television show 'Sweet
Home Oklahoma' prior to launching I’ve Had It. Each week let this
comedic, feel-good podcast exposes you to all the things you didn’t
know you’ve had it with!
PodcastOne also welcomes Welch’s and Sullivan’s
sister podcast IHIP News, which debuted earlier this summer, to the
network’s roster of programming. Deep in a red state, progressive
podcasters, Jennifer and "Pumps" share how they *really feel* about
political news. Their comedic, feel-good takes will drop twice
weekly, possibly more, if sh*t really hits the fan.
During I’ve Had It’s recent exclusive
participation in the Democratic National Convention in Chicago they
spent time with former President Barack Obama for an episode that
debuts September 5, 2024, on I’ve Had It and conducted additional
interviews with Senator Elizabeth Warren, Governor JB Pritzker,
Congressman Dan Goldman, and Michael Cohen for IHIP News which are
available now wherever podcasts are heard.
“We are proud of our continued relationship with
Jennifer and Pumps. These two ladies have created shows that
resonate with audiences and advertisers in an increasingly
competitive podcast landscape and have shown the masses how to
laugh at just how outrageous life has become. It’s never not a good
idea to tune in and listen to what they’ve had it with,” said Kit
Gray, President of PodcastOne.
I’ve Had It and IHIP News are 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 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 PodcastOnePodcastOne
(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 LiveOneHeadquartered 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 StatementsAll
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
PodcastOne310.246.4600Susan@Guttmanpr.com
Investor Relations:Jason
Assad678-570-6791jwassad@podcastone.com
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