PodcastOne (Nasdaq: PODC) Renews Agreement With Award Winning Our Fake History Podcast

Podcast Set to Celebrate 200th Episode in March 2024

Nearly 16 Million Downloads Since Debut

LOS ANGELES, CA – (NewMediaWire) – January 18, 2024 –  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 it has renewed the exclusive sales and distribution rights for Our Fake History podcast. The bi-weekly podcast enters its 9th season and in addition to historically educational original programming will also feature releases of fan favorite classic episodes. Our Fake History is set to air its 200th episode in March of this year.

Created and hosted by Canadian high school history teacher Sebastian Major, Our Fake History is a podcast that explores historical myths and misconceptions. In each episode Major closely examines stories that people think are historical fact but may very well be elaborate fiction. Did the Aztecs really think the Spanish conquistadors were gods? Was there a real island of Atlantis? Was baseball really invented in one afternoon by a civil war hero? Our Fake History looks at these questions and tries to determine what’s fact, what’s fiction, and what is such a good story it simply must be told.

“We’re thrilled to continue our long term relationship with Sebatian and Our Fake History. This podcast is a leader in debunking or verifying historical myths and legends while instilling the sort of knowledge that makes any listener just that much smarter,” said Eli Dvorkin, Chief Content Officer of PodcastOne.

“PodcastOne has been an amazing partner for Our Fake History. Their talented team has worked hard to support me in making the best podcast I possibly can. I’m delighted that Our Fake History and PodcastOne will be continuing to work together!,” said Major.

Our Fake History was recognized as the “Best Educational Podcast” by the Podcast Awards, and the show has been noted as one of the “most addictive podcasts” by Toronto Life Magazine. In 2019, the show was nominated for a Canadian Podcast award in the category of “Outstanding Educational Series.” Major has been regularly featured on the CBC Radio shows Podcast Playlist and Out In The Open. He has also contributed as a panelist and performer at Toronto’s Hot Docs’ Podcast Festival. In addition to being a high school teacher, Major is also a musician and all of the music used on the podcast is self-written and recorded.

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, 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.

Press Contacts:

For PodcastOne

310.246.4600

Susan@Guttmanpr.com