PodcastOne, a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), today announced its entry into a multiyear agreement with Kevin Connolly’s boutique media network ActionPark Media (“APM”), a Los Angeles based hub specializing in podcast creation. According to the update, the deal gives PodcastOne exclusive distribution and advertising sales rights for APM’s current slate of podcast and vodcast programming. It will also allow for the two media companies to co-develop future podcast/vodcast based IP, produce advertiser sponsored live streaming and touring opportunities for hosts/talent and create exclusive licensing for podcast specific branded merchandise. “Kevin and APM clearly have a knack for producing quality podcast content with Victory the Podcast being one of the first shows giving a behind the scenes look at a hit television series and The Morning After with Kelly Stafford consistently charting as one of the top shows for parents and families,” said Kit Gray, president of PodcastOne. “This joint venture now gives us the ability to work together to grow the audience for a slate of incredible existing shows. Additionally, with LiveOne’s streaming partnerships, live event capabilities and merchandising division, we are excited to further enhance branding opportunities for the star studded roster of hosts.”
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About LiveOne Inc.
Headquartered in Los Angeles, California, LiveOne 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. The company was awarded Best Live Moment by Digiday for its “Social Gloves” PPV Event, and has been a finalist for 8 more awards, including Best Live Event, Best Virtual Event, Best Overall Social Media Excellence, and Best Original Programming from Cynopsis and Digiday . As of June 30, 2022, the company has accrued a paid and free membership base of over 2.37 million*, streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and created a valuable connection between fans, brands and bands. The company’s wholly-owned subsidiaries include Slacker Radio, React Presents, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, LiveXLive, PPVOne and PodcastOne, which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across its stable of top-rated podcasts. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO. For more information, visit www.LiveOne.com.
*Included in the total number of paid members for the reported periods are certain members which are the subject of a contractual dispute. LiveOne is currently not recognizing revenue related to these members.
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