Lou Kerner joins PodcastOne's Crypto Advisory Board to enhance growth in AI, Web3, and the Crypto Podcast Network.
Quiver AI Summary
PodcastOne has announced that Lou Kerner, a prominent figure in the crypto space, is joining its newly formed Crypto Advisory Board alongside Steve Lehman and Steve McClurg. Kerner, who is the founder of CryptoMondays and has extensive experience as a crypto investor and blogger, is expected to enhance PodcastOne's expertise in AI, Web3, and their newly launched Crypto Podcast Network. Kit Gray, President of PodcastOne, expressed excitement about Kerner's appointment, highlighting his substantial knowledge and vision in the crypto arena as vital for driving innovation in podcasting and creating new opportunities for content creators and audiences.
Potential Positives
- Lou Kerner has joined PodcastOne as a member of the newly created Crypto Advisory Board, bringing extensive expertise in the crypto and Web3 space.
- Kerner's addition is expected to position PodcastOne at the forefront of innovation in the podcasting industry, potentially unlocking new opportunities for creators and listeners.
- PodcastOne has a strong distribution network, reaching over 1 billion monthly impressions across various platforms, enhancing its market presence.
- The company boasts a significant community of 200 top podcasters and 3.9 billion total downloads, indicating its established influence in the podcasting space.
Potential Negatives
- Appointment of Lou Kerner to the Crypto Advisory Board may raise concerns about reliance on a niche market, potentially diverting focus from core podcasting activities.
- Forward-looking statements indicate various risks and uncertainties related to the company's growth strategy, listener retention, and financial stability, which could impact investor confidence.
- The mention of significant reliance on a major customer for revenue raises red flags about the company's financial vulnerability and sustainability.
FAQ
Who is Lou Kerner?
Lou Kerner is a crypto expert and founder of CryptoMondays, with extensive experience in the crypto investment space.
What is the PodcastOne Crypto Advisory Board?
The PodcastOne Crypto Advisory Board is a newly created team focused on innovation in crypto and Web3 podcasting.
Who are the members of the Crypto Advisory Board?
The board includes Lou Kerner, Steve Lehman, and Steve McClurg, all of whom bring significant crypto expertise.
What is PodcastOne's vision following Kerner's appointment?
PodcastOne aims to leverage Lou Kerner's expertise to enhance opportunities for creators and listeners in the podcasting space.
How many downloads does PodcastOne boast?
PodcastOne has surpassed 3.9 billion total downloads across its extensive podcasting network.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PODC Insider Trading Activity
$PODC insiders have traded $PODC stock on the open market 9 times in the past 6 months. Of those trades, 9 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PODC stock by insiders over the last 6 months:
- D JONATHAN MERRIMAN has made 9 purchases buying 51,700 shares for an estimated $91,317 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PODC Hedge Fund Activity
We have seen 10 institutional investors add shares of $PODC stock to their portfolio, and 9 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 54,900 shares (+116.6%) to their portfolio in Q1 2025, for an estimated $88,389
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 28,505 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $61,570
- ROYAL BANK OF CANADA removed 17,671 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $38,169
- XTX TOPCO LTD added 16,246 shares (+inf%) to their portfolio in Q1 2025, for an estimated $26,156
- PINGORA PARTNERS LLC added 9,200 shares (+122.3%) to their portfolio in Q1 2025, for an estimated $14,812
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 9,000 shares (+29.4%) to their portfolio in Q1 2025, for an estimated $14,490
- CITADEL ADVISORS LLC removed 8,386 shares (-35.8%) from their portfolio in Q1 2025, for an estimated $13,501
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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Kerner joins crypto veterans Steve Lehman and Steve McClurg in assembling an elite team to drive growth in AI, Web3, and the newly launched Crypto Podcast Network
About Lou Kerner:
- Founder of CryptoMondays, a decentralized community with 100k members across 50+ chapters
- Former Partner of Blockchain Coinvestors, a leading crypto-focused fund-of-funds
- CEO of Blockchain Coinvestors Acquisition Corp. I, a publicly traded SPAC
- One of the earliest crypto bloggers and investors, recognized Bitcoin thought leader since 2013
- Former Goldman Sachs Equity Analyst covering media and technology companies
LOS ANGELES, June 30, 2025 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a top podcast network and publisher, today announced today Lou Kerner has joined the newly created PodcastOne Crypto Advisory Board joining Steve Lehman and Steve McClurg.
“We’re thrilled to welcome Lou Kerner to PodcastOne,” said Kit Gray, President and Co-Founder of PodcastOne. “Lou brings an unmatched depth of knowledge and vision in the crypto and Web3 space. His addition to our Crypto Advisory Board will position PodcastOne at the forefront of innovation in the podcasting space, unlocking new opportunities for creators and listeners alike.”
About PodcastOne
PodcastOne
(NASDAQ: PODC) is a leading podcast platform that provides creators and advertisers with a comprehensive 360-degree solution in sales, marketing, public relations, production, and distribution. PodcastOne has surpassed 3.9 billion total downloads with a community of 200 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 monthly impressions across all channels, including YouTube, Spotify, Apple Podcasts, and iHeartRadio. PodcastOne is also the parent company of
PodcastOne Pro
which offers fully customizable production packages for brands, professionals, or hobbyists. For more information, visit
www.podcastone.com
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Forward-Looking Statements
All 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 its largest OEM customer for a substantial percentage of its revenue; LiveOne’s and PodcastOne’s ability to consummate any proposed financing, acquisition, merger, distribution or other transaction, 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, 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; LiveOne’s ability to repay its indebtedness when due; LiveOne’s ability to satisfy the conditions for closing on its announced additional convertible debentures financing; uncertain and unfavorable outcomes in legal proceedings and/or PodcastOne’s and/or LiveOne’s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of PodcastOne, LiveOne and/or LiveOne’s other subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in PodcastOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2024, PodcastOne’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2024, filed with the SEC on February 14, 2025, 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.
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