PodcastOne (NASDAQ:PODC) Board of Directors Forms Special Committee and Intends to Retain Financial Advisor Following Inbound Strategic Interest
Key Highlights
- ➤Multiple strategic parties have expressed inbound acquisition interest in PodcastOne
- ➤Special committee formed to oversee strategic alternatives and maximize shareholder value
- ➤PodcastOne intends to retain an investment banker in the near term
- ➤PodcastOne reported $61.7 million in fiscal 2026 revenue
- ➤PodcastOne ranked #6 U.S. podcast publisher with more than 1 billion monthly impressions
Expert Statements
Robert Ellin, Executive Chairman of PodcastOne
“The level of strategic interest we are seeing supports the Board's long-held view that the market has not valued our platform for what it has achieved. We intend to run a rigorous, competitive process on behalf of all shareholders”
LOS ANGELES, CA / ACCESS Newswire / October 28, 2026 / PodcastOne (NASDAQ:PODC), a leading publisher and podcast sales network, today announced that it has received inbound interest from multiple strategic parties regarding a potential acquisition of the Company and is in discussions with each of them. In response, PodcastOne's Board of Directors (the "Board") has formed a special committee of independent directors to oversee the process and intends to retain an investment banker to assist the committee in evaluating these and other alternatives to maximize shareholders value.
The Board believes the Company's current stock price does not reflect the value of its business. PodcastOne recently ranked as the #6 U.S. podcast publisher according to Podtrac, with more than 1 billion monthly impressions, and a diversified base of advertising and data-driven revenue. In the Board's view, the market has not fully recognized the value of PodcastOne's scale, audience reach and proprietary data, including what they may be worth to a strategic owner.
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