PodcastOne (NASDAQ: PODC), a leading publisher and podcast sales
network, announced today that it has moved its existing network of
programming to hosting service ART19, the podcast distribution and
monetization service that lets customers manage content and ad
operations in one place. The move streamlines PodcastOne’s
hosting capabilities, while driving additional monetization
opportunities across its vast library of popular podcasts.
This move will enable PodcastOne to unlock new
monetization streams, optimize operations, and deliver even more
value to advertisers and content creators alike. ART19’s
intuitive interface will allow PodcastOne to enhance its
partnerships and facilitate integration of advertiser content into
its shows. By leveraging ART19's advanced tools for dynamic ad
insertion, PodcastOne can implement programmatic advertising and
direct sponsorship integrations.
"Our transition to Amazon’s ART19 platform
represents a game-changing moment for PodcastOne as we continue to
enhance the tools and resources available to both podcasters and
advertisers," said Kit Gray, President and Co-Founder of
PodcastOne. "We’re not only ensuring the stability of our current
monetization streams, but unlocking new growth opportunities by
leveraging ART19’s cutting-edge technology and advertising
opportunities. This move underscores our commitment to innovation
and delivering exceptional value to our talent, advertisers,
listeners and shareholders."
"PodcastOne is entering a new chapter and
stepping into 2025 with best-in-class technology, programming, and
monetization," said Ellie Andrews, PodcastOne’s Director of Digital
Operations. "The ART19 migration and agreement is a major evolution
for PodcastOne and enables us to unlock exciting new partnerships
across the industry."
ART19’s advanced analytics and audience data on
demographics, engagement metrics and ad performance gives
PodcastOne and its roster of top performing podcasts, such as The
Adam Carolla Show, The Jordan Harbinger Show, Karma and Chaos and
Court Junkie, a deeper understanding of listener behavior, making
it easier to strengthen content that attracts, targets and retains
advertisers and audiences.
"At ART19, we’re committed to empowering
publishers with technology and monetization, including advertising
that is relevant to their content and audiences," said Sean Carr,
CEO of ART19. "With the addition of PodcastOne titles, we are
amplifying our reach across a terrific new spectrum of personalized
audio entertainment, enabling us to offer more meaningful
connections between audiences and brands."
"This is an exciting time, as we are bringing
together two heritage brands in the podcast industry to create a
better experience for our publishers, advertisers and listeners,"
said Andy Slater, Head of Partnerships for ART19. "PodcastOne was
one of the first podcast networks, and ART19 among the first
enterprise hosting services. With this partnership, we are looking
forward to helping PodcastOne drive growth for their shows, as well
as deliver results for advertisers."
ART19 is a podcast hosting service that provides
publishers and advertisers with full control of their audio
experience to better serve listeners. With a robust suite of
publishing, distribution, monetization and reporting tools, ART19
provides end-to-end solutions that allow podcast creators to
connect with brands and develop measurable campaigns.
PodcastOne’s full roster of top ranked podcasts
includes programming across genres such as news, comedy, true
crime, sports and society and culture, with shows such as Barely
Famous, The Bitch Bible, LadyGang, Gals on the Go, The Prosecutors,
Court Junkie, Cold Case Files, I Survived and Varnamtown.
About PodcastOnePodcastOne
(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 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 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 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
Contact:310.246.4600Susan@Guttmanpr.com
IR Contact:Chris
Donovan914-352-5853PODC@mzgroup.us
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