LiveOne (LVO) to spin-out its wholly owned subsidiary, PodcastOne

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LiveOne's Wholly Owned Subsidiary PodcastOne Closes $8.1 Million Financing at a Pre-Money Valuation of $60 Million as Part of Its Intention to Spin-Out PodcastOne as a Separate Public Company Before Y

July 15, 2022 12:00 PM EDT

LiveOne Plans to Dividend a Portion of PodcastOne's Common Equity to LiveOne's More Than 15,000 Stockholders as of a Future Record Date

PodcastOne Expects Record Quarterly Revenue in Excess of $9 Million in the Quarter Ended June 30, 2022

LiveOne Invested Alongside New Institutional Investors as Demonstration of Its Confidence in PodcastOne and Its Management's Ability to Acquire Podcast Platforms and Attract Significant Podcast Talent 

PodcastOne Ranked #8 On Podtrac's List of Top U.S. Podcast Publishers in May 2022 with U.S. Unique... More