PodcastOne transitions to ART19 for enhanced hosting, monetization, and operational efficiency, boosting value for podcasters and advertisers.
Quiver AI Summary
PodcastOne has announced its transition to ART19, a podcast hosting and monetization service, to enhance its operational efficiency and unlock new growth opportunities for both podcasters and advertisers. This strategic move streamlines hosting capabilities and opens up additional monetization streams across PodcastOne's extensive library of popular shows. By utilizing ART19’s advanced tools, PodcastOne will improve its integration of advertiser content and implement more effective programmatic advertising. The new partnership is expected to amplify connections between audiences and brands while providing deeper insights into listener behavior through ART19’s analytics. This transition marks a significant evolution for PodcastOne as it aims to strengthen its offerings and drive growth in 2025.
Potential Positives
- PodcastOne has transitioned to ART19's hosting service, which enhances its operational efficiencies and monetization opportunities across its podcast library.
- The partnership with ART19 facilitates advanced analytics and audience data, enabling PodcastOne to better target advertisers and retain listeners.
- This move signifies a commitment to innovation and provides PodcastOne with best-in-class technology and advertising capabilities for improved growth prospects.
- PodcastOne's migration to ART19 is expected to unlock new growth opportunities and partnerships in the podcast industry, solidifying its position as a leading platform.
Potential Negatives
- PodcastOne’s reliance on ART19’s technology raises concerns about its operational independence and the potential risks associated with depending on a third-party platform for critical hosting and monetization services.
- There is a lack of detailed information on how this transition will specifically impact current partnerships with advertisers and whether any existing agreements may be affected.
- The press release includes numerous forward-looking statements that highlight uncertainties in achieving projected growth, indicating potential volatility in the company's future performance.
FAQ
What recent change did PodcastOne announce?
PodcastOne announced it has moved its programming to the ART19 hosting service to streamline operations and enhance monetization.
How will the ART19 transition benefit podcasters?
The transition to ART19 will unlock new monetization streams and provide advanced tools for dynamic ad insertion for podcasters.
What advantages does ART19 offer to PodcastOne?
ART19 offers an intuitive interface, advanced analytics, and tools for programmatic advertising, enhancing partnerships and listener engagement.
What is PodcastOne’s commitment after this transition?
PodcastOne is committed to innovation and delivering exceptional value to advertisers, podcasters, and listeners through enhanced technology and resources.
What does PodcastOne's podcast lineup include?
PodcastOne’s lineup includes popular shows across genres like news, comedy, true crime, and sports, featuring top creators.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PODC Insider Trading Activity
$PODC insiders have traded $PODC stock on the open market 19 times in the past 6 months. Of those trades, 19 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PODC stock by insiders over the last 6 months:
- D JONATHAN MERRIMAN has made 8 purchases buying 79,800 shares for an estimated $134,898 and 0 sales.
- ROBERT S ELLIN (Executive Chairman) has made 11 purchases buying 69,923 shares for an estimated $127,825 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PODC Hedge Fund Activity
We have seen 7 institutional investors add shares of $PODC stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 28,505 shares (+inf%) to their portfolio in Q3 2024, for an estimated $43,612
- APOLLON WEALTH MANAGEMENT, LLC added 24,871 shares (+inf%) to their portfolio in Q4 2024, for an estimated $53,721
- GEODE CAPITAL MANAGEMENT, LLC added 21,562 shares (+44.0%) to their portfolio in Q3 2024, for an estimated $32,989
- RENAISSANCE TECHNOLOGIES LLC removed 17,687 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $27,061
- ROYAL BANK OF CANADA added 17,598 shares (+24106.8%) to their portfolio in Q3 2024, for an estimated $26,924
- UBS GROUP AG removed 12,727 shares (-60.1%) from their portfolio in Q3 2024, for an estimated $19,472
- TOWER RESEARCH CAPITAL LLC (TRC) removed 3,283 shares (-94.1%) from their portfolio in Q3 2024, for an estimated $5,022
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Initiative Drives Operational Efficiencies and Unlocks New Growth Possibilities for Podcasters and Advertisers
LOS ANGELES, Jan. 30, 2025 (GLOBE NEWSWIRE) --
PodcastOne
(NASDAQ: PODC), a leading publisher and podcast sales network, announced today that it has moved its existing network of programming to hosting service
ART19
, the podcast distribution and monetization service that lets customers manage content and ad operations in one place. The move streamlines PodcastOne’s hosting capabilities, while driving additional monetization opportunities across its vast library of popular podcasts.
This move will enable PodcastOne to unlock new monetization streams, optimize operations, and deliver even more value to advertisers and content creators alike. ART19’s intuitive interface will allow PodcastOne to enhance its partnerships and facilitate integration of advertiser content into its shows. By leveraging ART19's advanced tools for dynamic ad insertion, PodcastOne can implement programmatic advertising and direct sponsorship integrations.
"Our transition to Amazon’s ART19 platform represents a game-changing moment for PodcastOne as we continue to enhance the tools and resources available to both podcasters and advertisers," said Kit Gray, President and Co-Founder of PodcastOne. "We’re not only ensuring the stability of our current monetization streams, but unlocking new growth opportunities by leveraging ART19’s cutting-edge technology and advertising opportunities. This move underscores our commitment to innovation and delivering exceptional value to our talent, advertisers, listeners and shareholders."
"PodcastOne is entering a new chapter and stepping into 2025 with best-in-class technology, programming, and monetization," said Ellie Andrews, PodcastOne’s Director of Digital Operations. "The ART19 migration and agreement is a major evolution for PodcastOne and enables us to unlock exciting new partnerships across the industry."
ART19’s advanced analytics and audience data on demographics, engagement metrics and ad performance gives PodcastOne and its roster of top performing podcasts, such as
The Adam Car
olla
Show
,
The Jordan Harbinger Show
,
Karma and Chaos
and
Court Junkie
, a deeper understanding of listener behavior, making it easier to strengthen content that attracts, targets and retains advertisers and audiences.
"At ART19, we’re committed to empowering publishers with technology and monetization, including advertising that is relevant to their content and audiences," said Sean Carr, CEO of ART19. "With the addition of PodcastOne titles, we are amplifying our reach across a terrific new spectrum of personalized audio entertainment, enabling us to offer more meaningful connections between audiences and brands."
"This is an exciting time, as we are bringing together two heritage brands in the podcast industry to create a better experience for our publishers, advertisers and listeners," said Andy Slater, Head of Partnerships for ART19. "PodcastOne was one of the first podcast networks, and ART19 among the first enterprise hosting services. With this partnership, we are looking forward to helping PodcastOne drive growth for their shows, as well as deliver results for advertisers."
ART19 is a podcast hosting service that provides publishers and advertisers with full control of their audio experience to better serve listeners. With a robust suite of publishing, distribution, monetization and reporting tools, ART19 provides end-to-end solutions that allow podcast creators to connect with brands and develop measurable campaigns.
PodcastOne’s full roster of top ranked podcasts includes programming across genres such as news, comedy, true crime, sports and society and culture, with shows such as
Barely Famous, The Bitch Bible, LadyGang, Gals on the Go, The Prosecutors, Court Junkie, Cold Case Files, I Survived
and
Varnamtown.
About PodcastOne
PodcastOne
(NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a full 360-degree solution in sales, marketing, public relations, production and distribution. PodcastOne has over 3.5 billion total downloads with a community of 200 top podcasters, including Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger, LadyGang, A&E's Cold Case Files, and Varnamtown. PodcastOne has built a distribution network reaching over 1 billion listeners a month across all channels, including its majority shareholder, LiveOne (NASDAQ: LVO), as well as 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
www.podcastone.com
and follow us on
Facebook
,
Instagram
,
YouTube
and
X
at @podcastone.
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 its largest OEM customer for a substantial percentage of its revenue; LiveOne’s and PodcastOne’s ability to consummate any proposed financing, acquisition, merger, distribution or other 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, 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/or PodcastOne’s common stock from time to time under LiveOne’s 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; LiveOne’s ability to extend and/or refinance its indebtedness and/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and/or LiveOne’s other 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, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2024, PodcastOne’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024, filed with the SEC on November 14, 2024, 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 Contact
:
310.246.4600
Susan@Guttmanpr.com
IR Contact:
Chris Donovan
914-352-5853
PODC@mzgroup.us
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