LVO LIVEONE INC

PodcastOne Renews Top Tier Shows with Over One Billion Downloads

PodcastOne Renews Top Tier Shows with Over One Billion Downloads

Social Following of Talent Tops 6.6 Million, Library Exceeds 7,500 Episodes, Featured in Over 1 Million Tesla Cars

Guinness World Record Holding The Adam Carolla Podcast, The Jordan Harbinger Show, LADYGANG, Off The Vine with Kaitlyn Bristowe, and Court Junkies Set With PodcastOne

LOS ANGELES, CA, March 01, 2023 (GLOBE NEWSWIRE) -- via -- , a leading podcast platform and a subsidiary of (NASDAQ: ), announced today that it has secured renewals for several tentpole programs that keep top performing and fan favorite podcasts with the network for the foreseeable future. The podcasts include: The Adam Carolla Podcast, The Jordan Harbinger Show, LADYGANG, Off The Vine with Kaitlyn Bristowe, and Court Junkies.

“The secret to our success as a network is the strength and longevity of our relationships with our partners in podcasting. In the exciting landscape of digital audio entertainment, being able to continue those relationships with six of our top performing and most beloved programs is a testament to our team's hard work and dedication,” said Kit Gray, President of PodcastOne. “Our partners at The Adam Carolla Podcast, The Jordan Harbinger Show, LADYGANG, Off the Vine, and Court Junkies are among the most innovative and dedicated in podcasting, with a staggering number of over one billion downloads collectively. We couldn’t be more thrilled with our continued partnerships.”

Since 2009, The Adam Carolla Podcast with its host Adam Carolla has entertained millions of listeners becoming the number one daily downloaded podcast in the world. Five days a week and completely uncensored, Carolla welcomes a wide range of guests such as Jimmy Kimmel, Jay Leno, Nicolas Cage, Alec Baldwin and Matt Damon in the studio for in depth interviews and a front row seat to his unparalleled ranting. “I am so pleased to be continuing my long standing relationship with PodcastOne and look forward to many more years of success together,” said Adam Carolla. With an unsurpassed library of episodes available, The Adam Carolla Podcast has remained one of the most popular podcasts on the planet for well over a decade.

The Jordan Harbinger Show, which has consistently topped podcast listening charts since its launch in 2018, is a leading interview show featuring in-depth conversations with people at the top of their game from business leaders, entertainers, scientists and athletes to an eclectic array of fascinating minds, from art forgers and arms traffickers to global spies and psychologists. An AdWeek Podcast of Year nominee, The Jordan Harbinger Show has been named one of the “Best Of” and “Most Downloaded Shows”' by Apple and has been on the iTunes Top 50 Chart in the U.S., Canada, UK and Australia.

LADYGANG began as a podcast with the mission to make women feel less alone. Since 2015, the show has boasted over 190 million downloads, topped the podcast charts, and spawned a television series, clothing line, accessories line and two books. LADYGANG, the podcast, was a People's Choice Award nominee and a Webby Award nominee for best series, has been featured on Entertainment Weekly's coveted "Must List” and was judged "Podcast of the Year" in 2016. The creators - Keltie Knight, Becca Tobin, and Jac Vanek - have been featured in Good Morning America, TODAY, People, Variety, Who What Wear, Entertainment Tonight, The New York Times, and The Hollywood Reporter. Their first book, Act Like a Lady, was a New York Times instant bestseller, a USA Today Best-seller, an Amazon Best Pick of the Month and a Toronto Star bestseller.

In the five years since its launch, Off The Vine with Kaitlyn Bristowe has amassed a following of devoted fans, affectionately referred to as Vinos who tune in weekly for lots of laughs, candid conversations, taboo topics, and unfiltered advice. In a space where gals and guys can feel empowered to be themselves on this People’s Choice Award nominated show, Bristowe delivers content that shows that there is more reality to life than what you see on Instagram. “I’m so excited to continue my relationship with PodcastOne - Off The Vine has been in good hands since day one and will continue to be through this renewal. I look forward to all our relationship has in store and the amazing things ahead!” said Bristowe.

Court Junkies’ vastly popular episode by episode examination of the injustices of the American judicial system launched in 2016 and has to date released over 250 shows. Imagine being wrongfully convicted for a crime you didn't commit, or imagine your child's killer is still on the loose even though there's enough evidence for an arrest, Court Junkies helps to shine light on some of the most sensitive and sensational cases ever heard in court with the host delving into court documents, attending trials, and interviewing those close to the case to help their stories.

PodcastOne continues to develop and produce compelling and entertainment-based content to generate excitement and intrigue in the audio and streaming space. With podcasts being the fastest growing medium by far, PodcastOne is determined to remain the leader in expanding audiences and forging synergistic relationships for its podcasters.

PodcastOne’s full roster of programming is available on , Apple Podcasts, Spotify, Amazon Music and wherever podcasts are heard.

About 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 (NASDAQ: LVO) in 2020, the two entities have subsequently teamed to create a new video podcast (Vodcast) network under the LiveOne umbrella. Amassing more than 2.48 billion downloads per year with 300+ episodes distributed per week across a stable of hundreds of top podcast programs, including influencer talent and television personalities such as Kaitlyn Bristowe, Steve Austin, Jordan Harbinger, Kail Lowry, Heather Dubrow, The LadyGang, Melissa Gorga, Teresa Guidice, Savannah Chrisley, and top-rated true crime shows including Bad Bad Thing, The Prosecutors, True Crime All the Time Unsolved, Court Junkie, A&E’s Cold Case Files and I Survived, American Nightmare and more. Its shows are distributed across its own platform as well as LiveOne's owned-and-operated channels on mobile, mobile web, desktop and SmartTVs. PodcastOne is the parent company of , an innovative self-serve platform developed to launch, host, distribute and monetize independent user-generated podcasts. PodcastOne is the brainchild of Radio Hall of Famer, Norm Pattiz, also the founder of Network Radio-giant, Westwood One.

About LiveOne, Inc.

Headquartered in Los Angeles, California, (NASDAQ: LVO) (the "Company") is an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company was awarded Best Live Moment by Digiday for its “Social Gloves” PPV Event and has been a finalist for 8 more awards, including Best Live Event, Best Virtual Event, Best Overall Social Media Excellence, and Best Original Programming from Cynopsis and Digiday. As of February 9, 2023, the Company has accrued a paid and free ad-supported membership base of approximately 2.8 million**, streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and created a valuable connection between fans, brands, and bands. The Company's wholly-owned subsidiaries include , , , Custom Personalization Solutions, LiveXLive, PPVOne and , which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across its stable of top-rated podcasts. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO. For more information, visit and follow us on , , , and Twitter at .

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, spin-out, special dividend, distribution or transaction, including the proposed special dividend and spin-out of PodcastOne, Slacker or the Company’s pay-per-view business, the timing of the consummation of such proposed event, including the risks that a condition to consummation of such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne's or Slacker’s ability to list on a national exchange; 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 members; 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; uncertain and unfavorable outcomes in legal proceedings; 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, 2022, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 29, 2022, Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2022, filed with the SEC on February 14, 2023, 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.

** Included in the total number of paid members for the reported periods are certain members which are the subject of a contractual dispute. LiveOne is currently not recognizing revenue related to these members.

Press Contacts:

For PodcastOne

310.246.4600

LiveOne IR Contact:

(310) 601-2505



EN
01/03/2023

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