via NewMediaWire – PodcastOne (NASDAQ: PODC), a leading podcast
platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns ~80%
of the PODC outstanding common stock, announced today that is has
acquired the exclusive distribution and sales rights to the
critically acclaimed and award winning podcast, Was I In A Cult?
from hosts Liz Iacuzzi and Tyler Measom who lend their own personal
cultic experiences to the pod.
Named Best Podcast by multiple publications including Vulture
and Good Housekeeping, Was I In A Cult? is a documentary-style
podcast showcasing individuals who have been in, and most
importantly, successfully left a cult. Told first-hand by the
experiencer themself, these are raw, riveting and inspirational
tales of what it means to be a survivor. Using levity and
info-tainment, the show humanized the cultic experience and may
leave some of our listeners asking themselves... "Wait... Was I In
A Cult?" Guests have included the original male supermodel Hoyt
Richards and Roberta Blevins (Hulu’s LulaRich). The hosts are
currently in development on a television series adaptation of the
podcast with Edgeline Films (Couples Therapy).
“PodcastOne is thrilled to team with Liz and Tyler to reignite
the fervor and phenomenon that surrounded Was I In a Cult? through
their initial round of episodes. The cultural impact that this
podcast had and the watercooler talk left a lasting impression in
the world of podcasting, and we cannot wait to bring new episodes
to listeners and to advertisers in 2024,” said Kit Gray, President
and Co-Founder of PodcastOne.
“We are so excited to get our show back up and running. We have
incredible and important stories to share and feel like we’ve
finally found the right home in PodcastOne. We’re looking forward
to our partnership and all the possibilities that lie ahead,” said
Iacuzzi and Measom.
Born and raised in Chicago, Iacuzzi’s comedy and performing
background began in Improv Olympic and Chicago’s famed Second City.
When she decided to take her talents to LA, Iacuzzi initially
launched her own private yoga studio with clients ranging from
Britney Spears to Ron Artest — while shifting her focus from
performing to writing. She then made her way onto LA's stand-up
stages and has come out the other side with a strong passion for
writing multi-dimensional female characters, focusing on important,
sometimes hard-to-swallow subject matters but always maintaining a
sense of humor.
Award-winning filmmaker Measom specializes in high profile,
character-based documentaries. He is the director of the Paramount+
series I Wanna Rock and the hit Netflix series Murder Among the
Mormons, the documentaries I Want My MTV (Tribeca, A&E), An
Honest Liar (Tribeca, ITVS) and Sons of Perdition (Tribeca, Oprah
Documentary Club). He has produced the films TAKE (Tribeca,
Showtime), the Showtime doc Jesus Town, USA, the NYTimes
documentary ELDER and the film Space Cowboy. Measom is currently
directing the music documentaries Lost and Found and If These Walls
Could Rock.
PodcastOne’s full roster of top ranked podcasts includes
programming across top genres such as news, comedy, true crime and
society and culture, including shows such as Bad Bad Thing, True
Crime All The Time Unsolved, The Prosecutors, Court Junkie, Cold
Case Files, I Survived, Baby Mamas No Drama, The Adam Carolla Show,
and The Schaub Show. PodcastOne shows are available through
PodcastOne, Apple Podcasts, Spotify, iHeart, Amazon and wherever
podcasts are heard.
About PodcastOnePodcastOne (Nasdaq: PODC) is a Los
Angeles based podcast network founded in 2012 by Kit Gray and Norm
Pattiz providing creators and advertisers with a full 360-degree
solution in sales, marketing, public relations, production, and
distribution delivering over 2.1 billion downloads per year with a
community of 250 of the top podcasters, including Adam Carolla,
Kaitlyn Bristowe, Jordan Harbinger, LadyGang, and A&E's Cold
Case Files. PodcastOne has built a distribution network reaching
over 1 billion listeners a month across all of its own properties,
LiveOne (Nasdaq: LVO), Spotify, Apple Podcasts, iHeartRadio,
Samsung and over 150 shows exclusively available in Tesla vehicles.
PodcastOne is also the parent company of LaunchpadOne, an
innovative self-serve platform developed to launch, host,
distribute and monetize independent user-generated podcasts. For
more information, visit podcastone.com and follow us on Facebook,
Instagram, YouTube and Twitter at @podcastone.
About LiveOne, Inc.Headquartered in Los Angeles, CA,
LiveOne (Nasdaq: LVO) 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's wholly-owned subsidiaries
include Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, Palm
Beach Records, CPS, LiveXLive, DayOne Music Publishing, Drumify and
Splitmind. LiveOne is available on iOS, Android, Roku, Apple TV,
Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT
applications. For more information, visit liveone.com and follow us
on Facebook, Instagram, TikTok, YouTube and Twitter at
@liveone.
Forward-Looking StatementsAll 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: LiveOne’s
reliance on one key customer for a substantial percentage of its
revenue; LiveOne’s and PodcastOne’s ability to consummate any
proposed financing, acquisition, spin-out, special dividend,
merger, distribution or transaction, including LiveOne’s
pay-per-view business, the timing of the consummation of any such
proposed event, including the risks that a condition to the
consummation of any such event would not be satisfied within the
expected timeframe or at all, or that the consummation of any
proposed financing, acquisition, spin-out, merger, special
dividend, distribution or transaction will not occur or whether any
such event will enhance shareholder value; PodcastOne’s ability to
continue as a going concern; PodcastOne’s ability to attract,
maintain and increase the number of its listeners; PodcastOne
identifying, acquiring, securing and developing content; LiveOne’s
intent to repurchase shares of its and PodcastOne’s common stock
from time to time under LiveOne’s announced stock repurchase
program and the timing, price, and quantity of repurchases, if any,
under the program; LiveOne’s ability to maintain compliance with
certain financial and other covenants; PodcastOne 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 PodcastOne’s
subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in PodcastOne’s Annual Report
on Form 10-K for the fiscal year ended March 31, 2023, filed with
the U.S. Securities and Exchange Commission (the “SEC”) on June 29,
2023, Quarterly Report on Form 10-Q for the quarter year ended
September 30, 2023, filed with the SEC on November 20, 2023, and in
PodcastOne’s other filings and submissions with the SEC. These
forward-looking statements speak only as of the date hereof, and
PodcastOne disclaims any obligation to update these statements,
except as may be required by law. PodcastOne intends that all
forward-looking statements be subject to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995.
Press Contacts:
For PodcastOne310.246.4600Susan@Guttmanpr.com
PodcastOne (NASDAQ:PODC)
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