Sees FY24 operating adjusted EBITDA $4M-$5M. Live One (LVO) provided proforma guidance for its subsidiary, PodcastOne (PODC), for its fiscal year ending March 31, 2024. Robert Ellin, Chairman and CEO of LiveOne, commented, “The spinout and Nasdaq listing for PodcastOne marks a significant inflection point for both LiveOne and PodcastOne. Led by its President Kit Gray, PodcastOne is positioned to continue its trailblazing work in the podcasting industry, driving growth, and delivering exceptional content to its listeners worldwide.”
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Read More on LVO:
- LiveOne Subsidiary PodcastOne (Courtside Group) Raises Proforma Revenue Guidance to $47 – $51 Million with Operating Adjusted EBITDA* of $4 – $5 Million
- LiveOne to Ring Nasdaq Opening Bell for Subsidiary PodcastOne (PODC) Direct Listing
- Update: LiveOne’s PodcastOne (PODC) Signs Long Term Extension With Co-Founder and President Kit Gray
- LiveOne’s PodcastOne signs long-term extension with Kit Gray
- LiveOne’s PodcastOne (PODC) Secures Long Term Extensions with Top Key Executives, Chief Revenue Officer Sue McNamara and Chief Content Officer Eli Dvorkin