Business
PodcastOne (Nasdaq: PODC) Launches Ransom, New True Crime Podcast From KSL Podcasts, Producers of COLD
Expanding Slate of Scripted Shows Made for TV/Film in Multiyear Partnership Ransom is the 6th Podcast with Derivative IP Participation to Debut on PodcastOne
About this update from Podcastone, Inc.
[{"type":"text","content":" Expanding Slate of Scripted Shows Made for TV/Film in Multiyear Partnership Ransom is the 6th Podcast with Derivative IP Participation to Debut on PodcastOne in the Last 12 Months Season One of KSL’s COLD Has a 5-Star Rating and Over 45 Million Downloads LOS ANGELES, CA, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – PodcastOne (NASDAQ: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns ~73% of the PODC outstanding common stock, announced today that it has acquired the exclusive sales and distribution rights to the top true crime podcast producer, KSL Podcasts new podcast, Ransom: Position of Trust which will debut May 15, 2024 wherever podcasts are heard. KSL Podcasts is the producer behind hit top true crime podcasts COLD and The Letter. “PodcastOne is thrilled to welcome the KSL Podcasts team behind Ransom. The dedication they’ve shown in sharing this quintessential example of first-rate investigative storytelling will resonate with audiences and with advertisers. The strength of Ransom furthers our momentum and commitment in developing original IP for television and film production,” said Kit Gray, President and Co-Founder of PodcastOne. Hosted by Edward R. Murrow Award and Emmy winning journalist Art Rascon, Ransom: Position of Trust is the true story of 12-year-old McKay Everett who disappeared from his Texas home in late summer of 1995. His parents returned from a meeting to find the back door ajar and the telephone ringing. On the line, a woman with a raspy voice demanded $500,000. Over the next week, the FBI played a game of cat-and-mouse with the kidnappers, who used inside information to stay one step ahead of the investigation. Ultimately the FBI uncovered a series of crimes starting long before McKay was abducted and revealed that McKay was kidnapped and betrayed by someone he trusted – a pillar in the community. Ransom: Position of Trust is a story of greed and betrayal and how one’s outward appearance can be dangerously deceiving. \"Ransom is a thought-provoking examination of the automatic trust we sometimes place in those in power,” said Sheryl Worsley, Vice President, KSL Podcasts. “I am incredibly proud of the Ransom team for their in-depth account of what happened to MacKay Everett. Our hope is that this podcast will not only honor MacKay's memory but also bring ab...