LOS ANGELES, June 30, 2021 /PRNewswire/ -- PodcastOne, a
leading podcast platform and a subsidiary of LiveXLive Media
(NASDAQ: LIVX), announced today that its entire network of
podcast programming is among an exclusive selection of Podcasts
being made available for the first time via the Facebook app in the
United States. As part of this new foray, select PodcastOne
shows, such as LADYGANG, hosted by Emmy Award winning
entertainment journalist Keltie
Knight, designer Jac Vanek
and actress Becca Tobin, will also
host Live Audio Rooms to augment their existing facebook
groups.
"While our community is enjoying and discussing our latest Meme
Monday or our Bachelor master post, they can now also easily access
our latest podcast. It's a huge step forward for us," Keltie Knight, Becca
Tobin and Jac Vanek of the
LADYGANG. "Facebook will not only allow us to reach
our current LadyGangers more readily, but will also introduce us to
a whole new world of potential and active listeners. We cannot wait
to welcome everyone into our LadyGang."
PodcastOne's most prolific shows and talent such as The Adam
Carolla Show, Off the Vine with Kaitlyn Bristowe, Heather Dubrow's World, The Michael Irvin
Podcast, Court Junkie, A&E's Cold Case Files
and American Nightmare, in genres ranging from True Crime,
Comedy, Society and Culture, Documentary and their SportsNet roster
of shows will be available starting June 24,
2021 via the social media giant.
"Podcast audiences are loyal and passionate about their favorite
shows and likewise their favorite social media platforms.
Facebook's creation of this in-app function opens the door to
endless possibilities for PodcastOne to engage with new and
existing audiences on the largest social media platform in the
world," said Kit Gray, President of
PodcastOne.
Facebook users can listen to podcasts while browsing Facebook,
via a mini player or full-screen player experience with playback
options, including with their phone display turned off. People can
listen to select podcast creators on their Facebook Pages, as well
as in News Feed. They'll have access to a diverse catalog of
podcasts and be able to react to, comment, bookmark and share your
favorite podcasts.
About PodcastOne
PodcastOne is a leading
advertiser-supported podcast company, offering a 360-degree
solution for both content creators and advertisers, including
content development, brand integration and distribution.
Acquired by LiveXLive Media in 2020, the two entities have
subsequently teamed to create a new video podcast (Vodcast) network
under the LiveXLive umbrella. Amassing more than 2.25 billion
downloads per year with 400+ episodes distributed per week across a
stable of hundreds of top podcast programs, including influencer
talent like Adam Carolla,
Kaitlyn Bristowe, Steve Austin, Armando "Pitbull" Perez, Jordan
Harbinger, Heather Dubrow, The
LadyGang, Dr. Drew, Brett Favre,
Eric Bolling, Robert Horry, Michael
Cohen and top rated true crime shows including Court Junkie,
A&E's Cold Case Files, American Nightmare, First Degree and
more. Its shows are distributed across its own platform as well as
LiveXLive's owned-and-operated channels on mobile, mobile web,
desktop and SmartTV's. PodcastOne is the brainchild of Radio
Hall of Famer, Norm Pattiz, also the
founder of Network Radio-giant, Westwood One.
About LiveXLive Media, Inc.
Headquartered in
Los Angeles, California, LiveXLive
Media, Inc. (NASDAQ: LIVX) (the "Company") is a leading global
all-in-one streaming artist-first platform delivering premium music
and entertainment content and livestreams from the world's top
artists, expertly curated streaming radio stations, podcasts, and
original video and audio on-demand content, as well as personalized
merchandise, connecting artists to millions of fans every day. The
Company has streamed over 1,800 artists since January 2020 and has created a valuable
connection between bands, fans and brands by building long-term
franchises in audio, video, podcasting, pay-per-view (PPV),
livestreaming, and specialty merchandise. LiveXLive is available on
iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT,
Samsung TV, STIRR, Sling, and XUMO, in addition to its own app,
online website and social channels. The Company's wholly owned
subsidiary PodcastOne, generates more than 2.25 billion
downloads per year with 400+ episodes distributed per week across a
stable of hundreds of top podcasts. The Company's other major
wholly owned subsidiaries are LiveXLive, Slacker Radio, React
Presents and Custom Personalization Solutions. For more
information, visit www.livexlive.com and follow us on Facebook,
Instagram, TikTok and Twitter at @livexlive.
Forward-Looking Statements
All statements other than
statements of historical facts contained in this press release are
"forward-looking statements," which may often, but not always, be
identified by the use of such words as "may," "might," "will,"
"will likely result," "would," "should," "estimate," "plan,"
"project," "forecast," "intend," "expect," "anticipate," "believe,"
"seek," "continue," "target" or the negative of such terms or other
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors, which may cause actual
results, performance or achievements to differ materially from
those expressed or implied by such statements, including: the
Company's reliance on one key customer for a substantial percentage
of its revenue; the Company's ability to consummate any proposed
financing, acquisition or transaction, the timing of the closing of
such proposed event, including the risks that a condition to
closing would not be satisfied within the expected timeframe or at
all, or that the closing of any proposed financing, acquisition or
transaction will not occur or whether any such event will enhance
shareholder value; the Company's ability to continue as a going
concern; the Company's ability to attract, maintain and increase
the number of its users and paid subscribers; the Company
identifying, acquiring, securing and developing content; the
Company's intent to repurchase shares of its common stock from time
to time under its announced stock repurchase program and the
timing, price, and quantity of repurchases, if any, under the
program; the Company's ability to maintain compliance with certain
financial and other covenants; the Company successfully
implementing its growth strategy, including relating to its
technology platforms and applications; management's relationships
with industry stakeholders; the effects of the global Covid-19
pandemic; changes in economic conditions; competition; risks and
uncertainties applicable to the businesses of the Company's
subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in the Company's Annual Report
on Form 10-K for the fiscal year ended March
31, 2020, filed with the U.S. Securities and Exchange
Commission (the "SEC") on June 26,
2020, Quarterly Report on Form 10-Q for the quarter ended
December 31, 2020, filed with the SEC
on February 16, 2021, and in the
Company's other filings and submissions with the SEC. These
forward-looking statements speak only as of the date hereof and the
Company disclaims any obligations to update these statements,
except as may be required by law. The Company intends that all
forward-looking statements be subject to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995.
Press Contact:
For
PodcastOne
310.246.4600
Susan@Guttmanpr.com
LiveXLive IR Contact:
(310) 601-2505
ir@LiveXLive.com
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SOURCE LiveXLive Media, Inc.