-
Proceeds to support podcast and podcast network acquisitions, expand LVOโs TV Network and Celebrity Brands division, and accelerate AI initiatives across 250,000+ hours of audio and video content
-
LVO and its bankers are actively evaluating strategic alternatives, including potential consolidation of PodcastOne and additional M&A opportunities
-
LVO currently owns ~20.5M shares of PODC common stock
LOS ANGELES, May 12, 2026 (GLOBE NEWSWIRE) — LiveOne, Inc. (Nasdaq: LVO) today announced that its subsidiary, PodcastOne, Inc. (Nasdaq: PODC), has received approximately $5.5 million in cash proceeds from the exercise of warrants of PodcastOne common stock at $3 per share.
โReceiving this additional capital meaningfully strengthens our balance sheet and positions us to aggressively pursue strategic growth opportunities across podcasting, television, celebrity brands and AI,โ said Robert Ellin, Chairman and CEO of LiveOne. โWe believe the combination of our content library, distribution platform and AI capabilities creates a significant opportunity to drive long-term shareholder value.โ
About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq:ย LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq:ย PODC), PPVOne, Custom Personalization Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visitย liveone.comย and follow us onย Facebook,ย Instagram,ย TikTok,ย YouTubeย and Twitter atย @liveone. For more investor information, please visitย ir.liveone.com.
About PodcastOne
PodcastOneย (Nasdaq: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive…