PodcastOne, Inc.

PodcastOne, Inc.

Overview

PodcastOne is an ad-supported podcast platform and publisher that distributes content across major platforms, including its own site, Apple Podcasts, Spotify, Amazon Music and YouTube. The company produces audio podcasts, vodcasts (video podcasts), branded podcasts, merchandise, and live events for talent and clients. It offers in-house sales, production, marketing, and technology teams to support creators and advertisers.

PodcastOne operates as a majority-owned subsidiary of LiveOne, Inc. following a spin-out completed on September 8, 2023. The corporate name changed to PodcastOne, Inc. on September 21, 2023, and its common stock trades on Nasdaq under the symbol PODC.

Scale and reach

• Network: More than 200 exclusive shows producing over 275 episodes per week.
• Downloads and audience:
  • Over 228 million downloads in the fiscal year ended March 31, 2026.
  • Over 3.9 billion total downloads across the network in the year ended March 31, 2026.
  • Distribution reach exceeds 1 billion monthly impressions across channels including YouTube, Spotify, Apple Podcasts and iHeartRadio.
  • U.S.: more than 5.8 million average monthly downloads.
  • Global: 19.5 million monthly downloads/streams.
  • 5.9 million average monthly listeners as of the quarter ended March 31, 2026.
• Advertising: Delivers millions of monthly impressions and supports a broad base of brand advertisers.
• Talent and partnerships: Works with podcasters such as Adam Carolla, Kaitlyn Bristowe, Jordan Harbinger and LadyGang.

Product and services

• Core offerings:
  • Full-service advertiser solution including sales, marketing, public relations, production and distribution for shows, talent and advertising clients.
  • Content formats: audio podcasts, vodcasts, branded podcasts, live events and merchandise.
  • Live tours and IP ownership rights for original programming.
• Platform and technology:
  • In-house Content Management System (CMS) for episode-level metrics, RSS management and listening analytics.
  • CMS provides hosts with visibility into performance metrics.
  • Partnerships to support monetization and measurement, including Podsights, Chartable, Claritas, Artsai, Podtrac and Extreme Reach.
• LaunchpadOne:
  • Free self-publishing hosting, distribution and monetization platform for independent podcasters.
  • Serves as an end-to-end podcast solution and a talent pipeline for PodcastOne.
  • Over 1,000 podcasts available; creators can monetize via embedded ads while LaunchpadOne monetizes through an ad platform.

Revenue model

• Core model: Ad-supported free content on mobile and desktop; revenue primarily from audio, video and social advertising sold on an impressions basis.
• Advertising products:
  • Host-read embedded ads, dynamic ads, segment sponsorships and programmatic monetization.
  • Options for clients to purchase exclusive branded podcast episodes or series, plus live tours, merchandise and IP rights.
• Growth and analytics:
  • Uses data-driven targeting and measurement to demonstrate advertiser ROI, supported by partnerships with measurement and attribution providers.
• Content licensing and guarantees:
  • Many agreements include upfront or minimum guarantees (MGs) that affect margins and planning and are a key driver of profitability.

Geography and operations

• Headquarters: 345 North Maple Drive, Beverly Hills, CA 90210.
• Workforce: 37 full-time employees as of March 31, 2026, all located in the United States.
• International: Plans to expand into international markets in fiscal 2027, subject to regulatory, tax, currency and market considerations.

Key financials (year ended March 31)

• Revenue: $61.7 million in 2026; $52.1 million in 2025 (18% year-over-year growth).
• Net income (loss): Net loss of $2.6 million in 2026; net loss of $6.5 million in 2025.
• Balance sheet items:
  • Accumulated deficit: $38.7 million as of March 31, 2026.
  • Net working capital deficit: $2.9 million as of March 31, 2026.
• Financing: Historically financed through cash from operations, equity and debt issuances, and intercompany loans from LiveOne.

Corporate and ownership structure

• Ownership: Majority-owned subsidiary of LiveOne, Inc. LiveOne’s indebtedness and related covenants may affect PodcastOne’s liquidity and access to capital.
• Corporate events:
  • Spin-out completed September 8, 2023, with direct listing on Nasdaq under PODC.
  • Corporate name changed to PodcastOne, Inc. on September 21, 2023.
• Governance: Classified as a "controlled company" under Nasdaq because LiveOne holds majority ownership and voting power; the company intends to follow independent governance standards where possible.

Key platforms and partnerships

• Distribution: PodcastOne site, Apple Podcasts, Spotify, Amazon Music, YouTube, iHeartRadio and other major platforms.
• Hosting/tech: Entered a three-year Enterprise Service and Advertising Agreement with ART19 in April 2025 to move network programming to ART19 hosting.
• Measurement and analytics: Partners include Podsights, Chartable, Claritas, Artsai, Podtrac and Extreme Reach.
• Content: Over 200 exclusive shows across genres such as sports, true crime, reality TV and business.

Executive summary

PodcastOne is a vertically integrated, ad-supported podcast platform and publisher with a large and growing network of exclusive shows. The company combines content production, distribution, marketing, sponsorship, live events and merchandising, supported by an in-house CMS and the LaunchpadOne platform for independent creators. For the year ended March 31, 2026, PodcastOne reported $61.7 million in revenue and a net loss of $2.6 million, and employed 37 full-time staff in the United States. It operates as a majority-owned subsidiary of LiveOne and continues to expand through partnerships, platform enhancements and talent development.