Business
LiveOne Files S-1 for PodcastOne (Courtside Group); PodcastOne Expects Record Revenues for the First 9 Months of $25 Million and $4 Million Cash for Fiscal 2023
PodcastOne’s Community Reaches 14+ Million Monthly Unique Listeners, 60+ Million IAB Monthly Downloads and Over 300 Sponsors Over 300 Creators Drive More
About this update from Liveone, Inc.
[{"type":"text","content":"\nPodcastOne’s Community Reaches 14+ Million Monthly Unique Listeners, 60+ Million IAB Monthly Downloads and Over 300 Sponsors\n\nOver 300 Creators Drive More Than 2.3 Billion Downloads Annually: PodcastOne’s Distribution via PodcastOne, Apple Podcasts, Spotify, Amazon Music, YouTube and More\n\nOver 1,200 Podcasts on LaunchpadOne - An Exclusive Platform for Start-Up Podcasts\n\nProprietary CMS Platform & Network Provides Unique Data and Insights\n\n LOS ANGELES--(BUSINESS WIRE)--\nLiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today that Courtside Group, Inc. (dba PodcastOne) has filed an S-1 with the U.S. Securities and Exchange Commission for its planned spin-out and special dividend to LiveOne’s stockholders of record on January 16, 2023. PodcastOne is expected to record revenues of $25 million for the first 9 months of fiscal 2023 ending December 31, 2022.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221229005241/en/\nA leading U.S. podcast network with nearly 300 podcasts/vodcasts that has generated more than 2.381 billion downloads to date, PodcastOne has a proven 360-degree advertiser solution for multiplatform integration opportunities and hyper-targeting, that delivers millions of monthly impressions, 14+ million monthly unique listeners, and 60+ million Interactive Advertising Bureau monthly downloads. The platform allows brands to reach their most sought after targeted audiences with content covering all verticals (i.e., sports, entertainment, true-crime, business, society & culture, self-help, etc.).\n\nWith over 1,200 available podcasts, PodcastOne’s LaunchpadOne offers creators a free 360-degree podcasting ecosystem - a cutting-edge technology hosting platform, customizable design elements, a podcast player, distribution tools to publish on all major listening apps, including Apple Podcasts, Spotify, Google Podcasts, Overcast and Pocket Casts and others, and a deep network of shows. LaunchpadOne’s robust platform technology, promotion and monetization opportunities will allow podcast creators to leverage unique opportunities from PodcastOne, such as the ability to accumulate new listeners, get discovered, and collaborate with the established podcast network.\n\nPodcastOne’s proprietary ...