via NewMediaWire – PodcastOne (NASDAQ: PODC), a leading podcast
platform and a subsidiary of LiveOne (NASDAQ: LVO), which owns ~73%
of the PODC outstanding common stock, announced today that it has
acquired the exclusive sales and distribution rights to Jackie
Schimmel’s The Bitch Bible Podcast. This acquisition allows the
podcast to immediately become a cornerstone of PodcastOne’s
flourishing and growing network of programming for women.
As part of the newly announced partnership, Schimmel will begin
to create video elements as a companion to her audio-based podcast.
She will also increase her production of original shows each month
to meet the increasing demand for The Bitch Bible branded episodes,
a podcast that dares to say what many are thinking, but only a
bitch would say. Through unfiltered and unapologetic discussions
about sex, millennial struggles, pop culture and social faux pas
The Bitch Bible podcast and its host Schimmel have become the voice
of a generation. The podcast has been featured in top publications,
such as Forbes, Allure, Cosmopolitan, People, The Huffington Post
and Entertainment Weekly, and has featured A-list guests Jennifer
Lawrence, Cardi B, Michael Rapaport and Schimmel’s 93-year-old
Grandma Gloria. “PodcastOne is thrilled to welcome Jackie and The
Bitch Bible to the network. From our very first meeting there was
an instant connection and our visions for growth were aligned, and
we immediately offered Jackie equity in PodcastOne understanding
the value she brings to PodcastOne and our partners. Our team at
PodcastOne will provide the support needed to improve and expand
the show, and we’re incredibly excited to work together to achieve
and surpass our mutual goals,” said Kit Gray, President, and
Co-Founder of PodcastOne.
“As I enter my 10th year in podcasting, I am excited to partner
with PodcastOne to expand and utilize their industry expertise and
continue to embolden unique and unconventional female talent. The
team at PodcastOne has always shown such appreciation and respect
for my voice and show, so it’s going to be an exciting expansion
for The Bitch Bible,” said Schimmel.
In addition to podcast production, PodcastOne through its parent
company LiveOne, will work in the lucrative Pay-Per-View and Live
Events space for The Bitch Bible and Schimmel, as well as working
together with her to identify new and emerging talent in the
podcasting space to continue to grow PodcastOne network’s
offerings. Through PodcastOne’s acclaimed advertising sales
department, advertisers will have the option to buy into the
podcast’s social media, as well as the show itself, thus being able
to offer a 360-degree package to potential brand partners.
Schimmel is a podcast host, producer, writer, good time gal and
professional asshole. A community college dropout, she had a wide
array of temporary jobs until she took her first foray into web
design and doctored a fake diploma from UCLA which landed her a
coveted receptionist position at prominent investment bank. In
2012, disgruntled by her day job, Schimmel started the blog “The
Bitch Bible” that acted as an aggressive public diary cataloging
her grievances with the world. The blog was discovered by
executives at “Watch What Happens Live” and Jackie was booked as a
bartender on the show. After faking food poisoning to appear on
live television across the country, Jackie was fired from her
acclaimed receptionist job and simultaneously offered a podcast
development deal with Embassy Row Productions. Relying solely on
intuition, loose morals, and ignoring industry professionals,
Schimmel’s The Bitch Bible catapulted to the top of the charts
where she has since resided weekly. Schimmel has had television
production deals with Sony Television, CBS Studios and NBC
Universal. She was the host of E! Entertainment’s digital series
“What the Fashion!” Schimmel is represented by Creative Artists
Agency and 3 Arts Entertainment.
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 LadyGang, Off the Vine
with Kaitlyn Bristowe, 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 PodcastOnePodcastOne (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,
A&E's Cold Case Files and Varnamtown. 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, Palm Beach Records, CPS, LiveXLive, DayOne
Music Publishing, 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 StatementsAll 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, including the spin-out of
LiveOne’s pay-per-view business, 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/or 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; 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; uncertain and unfavorable outcomes in
legal proceedings; changes in economic conditions; competition;
risks and uncertainties applicable to the businesses of LiveOne
and/or its other subsidiaries; and other risks, uncertainties and
factors including, but not limited to, those described in
PodcastOne’s Special Financial 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 December 31, 2023, filed
with the SEC on February 13, 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 Contacts:For
PodcastOne310-246-4600Susan@Guttmanpr.com
Investor Relations:Jason
Assad678-570-6791jwassad@podcastone.com
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