Courtside Group Inc ( (PODC) ) has provided an update.
PodcastOne, a top podcast platform and subsidiary of LiveOne, reported a 16% year-over-year increase in Q2 Fiscal 2025 revenue, reaching $12.2 million. The company launched new revenue streams like PodcastOne Pro and paywalls on major platforms, enhancing its growth potential. PodcastOne anticipates a 17% revenue rise in Fiscal 2025 to $51 million, with positive Adjusted EBITDA expected. With strategic expansions and successful podcast sales to TV networks, PodcastOne is positioned for sustainable growth and enhanced shareholder value.
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