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PodcastOne Acquires Exclusive Multiyear Rights to Rabia & Ellyn Solve the Case from Hosts Rabia Chaudry and Ellyn Marsh

SmallCaps Daily December 5, 2023

170 4 minutes read

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Addition Marks the 21st Podcast Added to the PodcastOne Network This Year

Nearly One Million Downloads, 45 Episodes Since Debut

LOS ANGELES, CA – (NewMediaWire) – December 04, 2023 – PodcastOne (NASDAQ: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns 80% of the PODC common stock, announced today that it has acquired the exclusive multiyear sales and distribution rights to New York Times best-selling author and attorney Rabia Chaudry’s and actress Ellyn Marsh’s true crime genre podcast, Rabia & Ellyn Solve the Case. Chaudry, who initiated the worldwide sensation podcast Serial and also served as an Executive Producer on the HBO documentary series The Case Against Adnan Syed and Marsh, who starred on Broadway in Enron and Kinky Boots, host the weekly show.

Everyone has a true crime story they’re obsessed with solving. Join true-crime experts, Chaudry and Marsh, along with special celebrity guests as they break down their favorite true crime cases. With Chaudry’s legal expertise and Marsh’s comedic wit, you’ll be seeing these cases in a whole new light. Launched in 2022, Rabia & Ellyn Solve the Case has delivered top performing episodes on everything from boy band empresario Lou Pearlman to the devastating murder of Matthew Shepard.

“We are excited to join the PodcastOne family of shows and look forward to continuing to grow Rabia and Ellyn Solve The Case with this new partnership! Ellyn and I love working together, we love true crime, we love our incredibly engaged audience. This show is a labor of love and fun, a marriage of entertainment and education, a coming together of sluethy nerds that love getting into the weeds of a case, and we are confident that we are bringing something unique and special to PodcastOne’s network,” said Chaudry.

“The addition of Rabia & Ellyn takes our roster of top notch true crime programming to another level. We are excited to host, market and monetize the existing episodes and launch new seasons of this podcast in 2024. Many of our super fans that listen to our true crime network haven’t yet been exposed to this program and we are thrilled to be able to introduce it to them,” said Kit Gray, President and Co-Founder of PodcastOne.

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 PodcastOne

PodcastOne (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, Gramophone Media, Palm Beach Records, CPS, LiveXLive, 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 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: 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; PodcastOne’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.