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PodcastOne (Nasdaq: PODC) Renews Exclusive Rights and Distribution Agreement with A+E Networks for Podcasts Cold Case Files, I Survived, American Justice, City Confidential and Ancient Aliens
Globenewswire· 2026-03-19 12:30
Total Combined Downloads Across All Five Podcasts Tops 200 Million with Over 1,100 Episodes ProducedLOS ANGELES, March 19, 2026 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading publisher and podcast sales network, announced today that it has extended its agreement with A+E Networks for the exclusive sales and distribution rights to five popular podcasts Cold Case Files, I Survived, American Justice, City Confidential and Ancient Aliens. “At PodcastOne we’re a full scope podcasting network that opera ...
PodcastOne (Nasdaq: PODC) Acquires Four Podcasts In Multi-Year Deals Bringing Network Total to 208; 6 Podcasts Added to Date in 2026
Globenewswire· 2026-03-05 13:00
Core Insights - PodcastOne has acquired multi-year exclusive sales and distribution rights to four popular podcasts, enhancing its programming portfolio with over 1900 hours of content and 2000 episodes [1][2] Company Overview - PodcastOne is a leading podcast platform that provides a comprehensive solution in sales, marketing, public relations, production, and distribution, boasting over 3.9 billion total downloads and a community of 200 top podcasters [6] - The company has built a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, and Apple Podcasts [6] Podcast Details - **No Filter**: Hosted by Zack Peter, this podcast covers reality TV, current events, and pop culture, featuring unfiltered conversations and celebrity insights [2][3] - **Wellness Cafe**: Hosted by Trinity Tondeleir, this podcast focuses on wellness, lifestyle, and mental health, providing relatable advice for young adults [3][4] - **Daddy Issues**: Hosted by Violet Benson, this podcast addresses personal growth and mental health with a humorous approach, featuring various guests and comedic insights [4] - **Michelle Collins Podcast**: Hosted by Michelle Collins, this show offers a mix of pop culture commentary and personal anecdotes, often featuring celebrity guests [4] Strategic Goals - PodcastOne aims to diversify its podcast offerings by aligning with shows that complement its existing programming, thereby enhancing options for audiences and advertisers [2]
rtside (PODC) - 2026 Q3 - Quarterly Report
2026-02-13 21:11
Financial Performance - For the nine months ended December 31, 2025, PodcastOne reported revenue of $46.0 million, a 21% increase from $38.0 million in the same period of 2024[131]. - Revenue increased by $3.2 million, or 25%, to $15.9 million for the three months ended December 31, 2025, compared to $12.7 million for the same period in 2024[156]. - Revenue increased by $8.0 million, or 21%, to $46.0 million for the nine months ended December 31, 2025, compared to $38.0 million for the same period in 2024[165]. - Adjusted EBITDA for the nine months ended December 31, 2025, was $4.5 million, compared to a loss of $1.4 million for the same period in 2024[176]. - Contribution Margin increased to $9.1 million for the nine months ended December 31, 2025, from $3.4 million in the same period in 2024[177]. Audience Engagement - PodcastOne has 6.0+ million monthly unique listeners and 17+ million IAB monthly downloads, indicating strong audience engagement[128]. - The company achieved over 3.8 billion network downloads during the quarter ended December 31, 2025, expanding its programming slate to 194 shows[133]. - The company was ranked as high as 8 on the list of Top Podcast Publishers by Podtrac, reflecting its competitive position in the market[126]. Advertising and Revenue Generation - PodcastOne's advertising strategy focuses on host-read embedded ads, dynamic ads, and programmatic monetization channels to enhance revenue generation[129]. - PodcastOne's business model is ad-supported, generating revenue through audio, video, and social advertising delivered via impressions[136]. - The company aims to acquire exclusive rights to certain podcasts, including true crime content for potential television and film projects[134]. Operating Expenses - Cost of sales increased by $1.2 million, or 11%, to $13.2 million for the three months ended December 31, 2025, compared to $12.0 million for the same period in 2024[157]. - General and administrative expenses rose by $0.4 million, or 36%, to $1.7 million for the three months ended December 31, 2025, attributed to increased stock compensation costs[161]. - Total operating expenses for the three months ended December 31, 2025, were $16.0 million, up from $14.3 million in the same period of 2024, reflecting a 12% increase[154]. - Total operating expenses as a percentage of revenue decreased from 112% in 2024 to 101% in 2025[155]. - The company expects operating expenses to continue to increase in dollar amount as it invests in product innovation and sales growth[149]. Cash Flow and Financing - Cash and cash equivalents amounted to $3.4 million as of December 31, 2025, primarily from operations and a completed private placement offering[179]. - The company completed a private placement offering of unsecured convertible notes for gross proceeds of $8.0 million, which were fully converted into shares in September 2023[180]. - LiveOne's net cash provided by operating activities for the nine months ended December 31, 2025 was $2.4 million, despite a net loss of $2.2 million during the same period[193]. - The company reported a net cash change of $2.3 million for the nine months ended December 31, 2025, compared to a net cash decrease of $873,000 in the same period of 2024[192]. Debt and Obligations - As of December 31, 2025, LiveOne's total outstanding consolidated indebtedness was $15.0 million, which included the Initial Debentures and the Capchase Loan[187]. - LiveOne's Initial Debentures have a principal amount of $16,775,000 and accrue interest at 11.75% per year, maturing on May 19, 2028[182]. - LiveOne's obligations under the Debentures are secured by a lien on all of its and the Guarantors' assets[184]. - The company is looking to secure additional interim financing to continue operations beyond February 2027[189]. Challenges and Concerns - LiveOne's working capital as of December 31, 2025 was $2.8 million, raising substantial doubt about its ability to continue as a going concern[190]. - The company repaid a total of $3.25 million of the principal amount underlying the ABL Credit Facility, reducing the facility size to $3.75 million[181]. - LiveOne's liquidity will depend on converting OEM drivers to direct subscribers and negotiating flexible terms with music labels[188].
PodcastOne (Nasdaq: PODC) Raises Full-Year Fiscal 2026 Guidance; Revenue Expected $60–$62M and Adjusted EBITDA* $5.5–$6.5M
Globenewswire· 2026-02-13 13:00
Core Insights - PodcastOne has increased its full-year fiscal 2026 guidance, now expecting revenue between $60 million and $62 million, and Adjusted EBITDA between $5.5 million and $6.5 million, driven by growing quarterly revenues from a Fortune 250 streaming partner and the sale of original IP for television adaptation [1][2] Company Overview - PodcastOne is a leading podcast platform that offers a comprehensive solution in sales, marketing, public relations, production, and distribution, boasting over 3.9 billion total downloads and a community of 200 top podcasters [2] - The company has a distribution network that reaches over 1 billion monthly impressions across various channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio [2] Financial Metrics - Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, and amortization, excluding certain non-recurring expenses and stock-based compensation [7] - Contribution Margin (Loss) is calculated as revenue less cost of sales before specific expenses, providing insights into the company's operational performance [7]
rtside (PODC) - 2026 Q3 - Quarterly Results
2026-02-12 21:31
Financial Results Announcement - PodcastOne, Inc. announced preliminary financial results for the fiscal quarter and nine months ended December 31, 2025[5]. - The financial results are preliminary and subject to change, as the closing procedures for the fiscal quarter are not yet complete[6]. - The estimated preliminary unaudited financial information has not been audited or reviewed by the independent registered public accounting firm[7]. - The press release containing the financial results is dated January 23, 2026[10]. - The company has not provided specific numerical data or performance metrics in the available documents[5][6]. Company Classification and Compliance - The company is classified as an emerging growth company under the Securities Act[4]. - The financial results should not be viewed as a substitute for the company's full financial statements prepared in accordance with GAAP[6]. - The information included in the press release is not deemed "filed" under the Securities Exchange Act[8]. Management and Forward-Looking Statements - The management is responsible for the preparation of the preliminary financial information[7]. - The company has indicated that certain statements in the press release are forward-looking[6].
rtside (PODC) - 2026 Q3 - Earnings Call Transcript
2026-02-12 17:32
Financial Data and Key Metrics Changes - Revenue in the fiscal third quarter of 2026 was a record $15.9 million, with an operating loss of $153 thousand, significantly improved from an operating loss of $1.6 million in the same year-ago quarter [8] - Net loss for the quarter was $154 thousand, or -$0.01 per share, compared to a net loss of $1.6 million, or -$0.06 per share in the year-ago quarter [8] - Adjusted EBITDA for the quarter was a record $2.8 million, compared to -$670 thousand in the same year-ago quarter, driven by revenue growth and disciplined cost management [8] Business Line Data and Key Metrics Changes - Podroll revenue increased more than 5% quarter-over-quarter, reflecting growing adoption of the dynamic ad marketplace by brands and agencies [7] - The Dr. Gundry Podcast achieved 18 million all-time downloads, showcasing the long-tail value of evergreen, expert-driven content [6] - The company renewed several key shows, including LadyGang and The Adam Carolla Show, which are expected to enhance monetization opportunities [6][5] Market Data and Key Metrics Changes - The partnership with Dr. Phil's Envoy Media Company is expected to expand PodcastOne's reach beyond traditional podcast distribution into multi-platform owned media [5] - The company is experiencing increased advertiser interest, particularly in relation to the Dr. Phil Podcast, indicating a positive market response [14] Company Strategy and Development Direction - PodcastOne is focusing on strategic partnerships, long-term talent renewals, and expansion of its owned and original content network [4] - The company aims to position itself as a content network rather than just a podcast publisher, leveraging AI-powered infrastructure to enhance operational efficiencies [4][10] - The strategy includes diversifying ad sales revenue generation channels and expanding relationships with brands and advertisers [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth potential of the podcasting industry, citing increasing media spending levels and the entry of major brands into the podcasting space [60] - The company anticipates continued growth throughout fiscal 2026 and beyond, supported by its AI capabilities and expanding portfolio of owned content [10] Other Important Information - The company ended the quarter with $3.4 million in cash and cash equivalents and no debt on the balance sheet [9] - Management highlighted the importance of original IP and its potential to generate significant revenue with minimal additional costs [37] Q&A Session Summary Question: What are the streams and downloads for the Dr. Phil Podcast, and what has been the advertiser response? - Management noted excitement about the Dr. Phil relationship, with positive advertiser interest and plans for future projects [13][15] Question: How are B2B deals impacting current results and what is the outlook? - Management highlighted the Amazon R19 deal as a significant contributor to revenue and efficiency, with expectations for continued growth in B2B relationships [18][19] Question: What is the outlook for cost of sales and G&A expenses? - Management indicated that G&A expenses are expected to remain stable in the short term, with ongoing efforts to contain costs [39] Question: What is the talent environment like for acquiring new shows? - Management reported a competitive environment for talent acquisition but remains optimistic about opportunities for growth and partnerships [56][58] Question: How is advertiser spending trending in the industry? - Management observed robust growth in media spending, with major brands increasingly shifting their budgets to podcasting [60]
rtside (PODC) - 2026 Q3 - Earnings Call Transcript
2026-02-12 17:32
Financial Data and Key Metrics Changes - Revenue in the fiscal third quarter of 2026 was a record $15.9 million, with an operating loss of $153,000 compared to an operating loss of $1.6 million in the same year-ago quarter, indicating significant improvement driven by higher advertising revenue and operational efficiencies [8][9] - Net loss for the quarter was $154,000 or -$0.01 per share, compared to a net loss of $1.6 million or -$0.06 per share in the year-ago quarter [8] - Adjusted EBITDA for the quarter was a record $2.8 million, compared to -$670,000 in the same year-ago quarter, reflecting revenue growth and disciplined cost management [8] Business Line Data and Key Metrics Changes - PodRoll revenue increased more than 5% quarter-over-quarter, reflecting growing adoption of the dynamic ad marketplace by brands and agencies [7] - The Dr. Gundry Podcast and The Adam Carolla Show were highlighted as standout performers, with significant audience engagement and renewed multi-year agreements [6][5] Market Data and Key Metrics Changes - The partnership with Dr. Phil's Envoy Media Company is expected to expand PodcastOne's reach into multi-platform owned media, enhancing its market position [5] - The company continues to see strong advertiser interest, particularly from major brands like Amazon and Progressive, indicating robust growth in media spending [65] Company Strategy and Development Direction - PodcastOne is focused on strategic partnerships, talent renewals, and expanding its owned and original content network, positioning itself as a leading content network rather than just a podcast publisher [4][10] - The company is leveraging AI-powered infrastructure to enhance operational efficiencies and audience engagement, which is expected to drive future growth [4][5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing the company's strong position for continued growth throughout fiscal 2026 and beyond, driven by compelling content and strategic monetization [10] - The typical slowdown in advertising spending during the first quarter of the calendar year was acknowledged, with expectations to outperform last year's quarter despite a deceleration in guidance [53][54] Other Important Information - The company ended the quarter with $3.4 million in cash and cash equivalents and no debt on the balance sheet, indicating a strong financial position [9] - The acquisition of Varnamtown by Paramount for development as a streaming project underscores the strength of PodcastOne's original IP [7] Q&A Session Summary Question: What are the streams and downloads for Dr. Phil's podcast, and what has been the advertiser response? - Management noted excitement about the Dr. Phil relationship, with positive advertiser interest and plans for future projects [13][15] Question: How are B2B deals impacting current results and future outlook? - The Amazon ART19 deal was highlighted as a significant contributor to revenue and operational efficiencies, with expectations for continued growth in B2B relationships [18][19] Question: What is the outlook for cost of sales and G&A expenses? - Management indicated that G&A expenses are expected to remain stable in the short term, with ongoing efforts to improve cost efficiencies [44][45] Question: What is the talent environment like for acquiring new shows? - The competitive landscape for talent acquisition remains, but management is optimistic about ongoing relationships and new opportunities [60][63] Question: How is advertiser spending trending in the industry? - Management reported increasing media spending levels, with major brands shifting their budgets to podcasting, indicating a robust growth outlook [65]
rtside (PODC) - 2026 Q3 - Earnings Call Transcript
2026-02-12 17:30
Financial Data and Key Metrics Changes - Revenue in Q3 2026 reached a record $15.9 million, with an operating loss of $153 thousand, significantly improved from an operating loss of $1.6 million in the same quarter last year [8] - Net loss for the quarter was $154 thousand, or -$0.01 per share, compared to a net loss of $1.6 million, or -$0.06 per share in the year-ago quarter [8] - Adjusted EBITDA for the quarter was a record $2.8 million, compared to -$670 thousand in the same year-ago quarter, driven by revenue growth and disciplined cost management [8] Business Line Data and Key Metrics Changes - Podroll revenue increased more than 5% quarter-over-quarter, reflecting growing adoption of the dynamic ad marketplace by brands and agencies [7] - The Dr. Gundry Podcast achieved 18 million all-time downloads, showcasing the long-tail value of evergreen, expert-driven content [6] - The company renewed several key shows, including LadyGang and The Adam Carolla Show, enhancing its content portfolio and monetization opportunities [6][7] Market Data and Key Metrics Changes - The partnership with Dr. Phil's Envoy Media Company is expected to expand PodcastOne's reach beyond traditional podcast distribution into a multi-platform owned media network [5] - The company is experiencing increased advertiser interest, particularly in relation to the Dr. Phil Podcast, indicating a positive market response [14][15] Company Strategy and Development Direction - PodcastOne is focusing on strategic partnerships, talent renewals, and expanding its owned and original content network, positioning itself as a leading content network rather than just a podcast publisher [4][10] - The integration of AI-powered tools is enhancing operational efficiencies and supporting talent development, content creation, and monetization strategies [4][5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting the company's strong position for continued growth throughout fiscal 2026 and beyond, driven by technology and strategic partnerships [10] - The management noted that the fourth quarter typically sees a slowdown in advertising revenue, but they expect to outperform last year's quarter [49] Other Important Information - The company ended the quarter with $3.4 million in cash and cash equivalents and no debt on the balance sheet, indicating a strong financial position [9] - The acquisition of Varnamtown by Paramount for development as a streaming project underscores the strength of PodcastOne's original IP [7] Q&A Session Summary Question: What are the streams and downloads for the Dr. Phil Podcast, and what has been the advertiser response? - Management indicated excitement about the Dr. Phil relationship, noting that the podcast is gaining traction and advertisers are showing interest in the offerings [12][14] Question: How are B2B deals impacting current results and future outlook? - Management highlighted the significance of the Amazon R19 deal, which is diversifying ad sales revenue and enhancing revenue channels [18][19] Question: What is the outlook for cost of sales and G&A expenses? - Management expects G&A to remain stable in the short term, with ongoing efforts to contain costs while improving operational efficiency [39][40] Question: What is the talent environment like for acquiring new shows? - Management noted a competitive environment for talent acquisition but remains optimistic about opportunities for growth and partnerships with existing shows [57][60] Question: How is advertiser spending trending in the industry? - Management reported that media spending levels are increasing, with major brands shifting their budgets towards podcasting, indicating robust growth in the sector [63]
PodcastOne (Nasdaq: PODC) Reports Record Nine Months Fiscal 2026 Revenue of $46M and $4.5M Adjusted EBITDA*, Record Q3 Fiscal 2026 Revenue of $15.9M and $2.8M Adjusted EBITDA* up 516% YoY
Globenewswire· 2026-02-12 13:00
Core Insights - PodcastOne reported record financial results for Q3 Fiscal 2026 and YTD Fiscal 2026, with significant growth in revenue and adjusted EBITDA [1][2][6] Financial Performance - Q3 Fiscal 2026 revenue reached $15.9 million, a 25% increase year-over-year from $12.7 million in Q3 Fiscal 2025 [4][6] - YTD Fiscal 2026 revenue totaled $46.0 million, up 21% from $38.0 million in the same period last year [4][6] - Adjusted EBITDA for Q3 Fiscal 2026 was $2.8 million, a 516% increase from a loss of $670,000 in Q3 Fiscal 2025 [4][6] - YTD Adjusted EBITDA was $4.5 million, up 421% from a loss of $1.4 million in the prior year [4][6] Operational Highlights - The company raised its full Fiscal 2026 guidance, projecting revenues of $58-$60 million and adjusted EBITDA of $5-$6 million [5][7] - PodcastOne added 25 new podcasts year-to-date and maintained its position as a Top 10 Publisher in Podtrac rankings for 15 consecutive months [6] - The partnership with Amazon expanded from a $16.5 million three-year deal to a $20+ million annual run rate, while revenue from a Fortune 250 partner increased to over $27 million annually [6] Cash Position - Cash balance increased by 217% year-over-year to $3.4 million [5]
PodcastOne (Nasdaq: PODC), a Subsidiary of LiveOne (Nasdaq: LVO) Signs Multi-Year Partnership with Gotavi to Deploy Interactor AI and Pulse, Accelerating AI-Driven Revenue Growth, Margin Expansion, and Discovery
Globenewswire· 2026-02-11 15:01
Core Insights - PodcastOne has entered a multi-year partnership with Gotavi to enhance AI-driven audience engagement and content discovery, aiming for scalable revenue growth and margin expansion across its network [1][2] Company Overview - PodcastOne is a leading podcast platform with over 3.9 billion total downloads and a community of 200 top podcasters, reaching over 1 billion monthly impressions across major distribution platforms [3][5] - Gotavi is a business platform focused on helping entrepreneurs and small businesses grow by addressing operational and visibility challenges through AI-driven solutions [4] Partnership Details - The partnership will leverage AI to improve content visibility on AI platforms and enhance audience engagement through AI-driven interactions, ultimately driving revenue growth and operational efficiency [2][5] - The collaboration combines Gotavi's AI-powered engagement tools with PodcastOne's extensive reach and content library, aiming to transform audience discovery into interactive engagement [5] Market Position - PodcastOne's scale includes partnerships with notable podcasters and a significant distribution network, positioning it well in the evolving AI-first media landscape [3][5]