LiveOne Slashes $5 Million in Costs; Plans to Spin Out PodcastOne
Digital content platform LiveOne announces that “as part of its focus on generating cash from operations on a consolidated basis, (it) is implementing additional cost and expense reductions from both operations and corporate overhead, which is anticipated to increase the previously implemented annual cost savings to a total of over $30 million in its fiscal year ending March 31, 2023. 
On December 29, 2022, the company revealed that Courtside Group, Inc. (dba PodcastOne) has filed an S-1 with the SEC for its planned spin-out and special dividend to LiveOne’s stockholders of record on January 16, 2023. The company says that PodcastOne is expected to record revenue of $25 million for the first nine months of fiscal 2023 ending December 31, 2022.
LiveOne adds, “PodcastOne’s proprietary internal Content Management System allows creators and producers to track metrics about shows on an episode-by-episode basis. 
CMS is the platform where podcast episodes are uploaded, RSS feeds are created and distributed to listening platforms, and the listening data is analyzed and displayed in a dashboard for the creators/producers to see. This fully owned and operated enterprise CMS rivals other paid platforms such as Megaphone (Spotify-owned), Art19 (Amazon-owned) and SimpleCast (SiriusXM/Pandora-owned). The CMS’ day-to-day operation and maintenance is managed by a vendor we contract with and is constantly being updated to be a best-in-class system. LiveOne remains committed to spinning-out PodcastOne as a separate public company to be listed on a national exchange. In connection with such spin-out, LiveOne has moved the record date to Jan. 16, 2023 for PodcastOne’s special dividend to LiveOne’s stockholders of record. In addition, LiveOne intends to explore spinning-out SlackerOne as a separate public company during its 2024 fiscal year.”
evening (9/22) at 8:00 pm ET. Bush currently hosts the digital show “Hot Mics with Billy Bush.” He was working for “Access Hollywood” in 2005 when he infamously caught Donald Trump on a hot mic saying about women that he could “grab ‘em by the p*ssy,” and that “when you’re a star, they let you do it.” Trump subsequently said the recording was fake. Regarding his new gig, Bush says, “I’m excited to join FOX News Media and its loyal audience to share my perspective on the people, ideas and moments shaping today’s culture…. as well as the ones trying to undo it!”
increase in ROI since COVID but a worrying 11% erosion in advertising driven profits; 2) ROI is mistaken for business outcomes such as sales growth, profit growth, and customer growth. ROI is none of those things. It is simply a ratio of revenue/profit generated by ad spend; 3) Surprisingly, ROI and revenue/profit growth move in the opposite direction. Low profit growth produces high ROI. Strong profit growth results in lower ROI; and 4) Perception vs. reality: Marketers mistakenly believe ROI trumps budget in driving profit growth. The reality is budget is 9 times more critical than ROI in generating profit.
(9/14). Khan most recently served as anchor at WPTV-TV, West Palm Beach. She’d also hosted shows on Newsmax and America’s News Voice Network. KCMO program director Pete Mundo says, “KCMO Talk Radio is making a strong commitment to Kansas City by continuing to invest in live, local programming. Miranda is a smart, engaging voice who brings years of media experience and deep Kansas City roots, and she knows how to connect with listeners and drive meaningful conversations. Her addition strengthens our commitment to delivering the news, opinions, and discussions that matter most to Kansas Citians every day. We are excited to welcome Miranda home to KC.”
more than 45 years. Beasley Philadelphia VP and market manager Paul Blake says, “Scott has brought tremendous knowledge, thoughtful leadership and a deep commitment to excellence to ‘The Fanatic.’ He understands what makes sports radio meaningful to its audience and has always been generous in sharing his insight with those around him. Scott was key in The Fanatic’s growth, and he helped position the station well for its next chapter. We are deeply grateful for Scott’s contributions and congratulate him on an outstanding career and a well-earned retirement.” During Masteller’s career he served with are ESPN Dallas, ESPN Radio, and WBAL, Baltimore, plus stops in Portland, Salt Lake City, and Lexington, Kentucky.
wide range of disciplines, from News Programs, Documentaries, and Talk Programs to On-Air Talent, Craft, and Entertainment. Specialized category groups spotlight groundbreaking work in Digital, Podcast, and Audio Book content, while Programming Formats and Promotion/Open & ID recognize the creative standards and imaging innovation driving radio forward.” New York Festivals EVP Rose Anderson says, “Here’s to Radio – the original social media. Awards do more than keep score: they honor creative excellence, mastery of craft, they can change your life, and they offer an opportunity to take your place in industry history!” 
aggression in Ukraine and helping bring the country back after COVID.” Biden tells Catsimatidis he believes the current political climate has made it difficult for people to judge his father’s presidency clearly, but said historians will eventually take a different view. “I think the historians will look at my dad’s presidency as an incredible success,” Biden said. The interview also touches on Hunter Biden’s recovery, the attacks he faced during his father’s presidency, the future of the Democratic Party, immigration, veterans, addiction and whether he would ever consider running for public office.
conservative hosts across America as he offers encouraging commentary to growing national concerns among Republicans about the Democrats flipping an all-important Senate seat in the traditionally red Lone Star State. Yesterday’s installment of the highly rated “Clay Travis & Buck Sexton” Show featured an in-depth interview with Berry (a.k.a. The Czar of Talk) about the Texas Senate race between AG Ken Paxton and James Talarico, who President Donald Trump has taken to calling “Talacreepo.” 
Premiere adds, “For his achievements, Hannity has been honored with two Marconi Awards for ‘Nationally Syndicated Personality of the Year’ and was inducted into the Radio Hall of Fame in 2017. For the past five consecutive years, radio industry publication TALKERS has ranked Hannity No. 1 on its ‘Heavy Hundred’ list of the most important radio talk show hosts in America.” Sean Hannity comments, “Reaching 25 years in national syndication is both humbling and a tremendous honor. What began as a passion for engaging in meaningful conversations about the issues shaping our country has become a daily connection with millions of listeners across America. I am deeply grateful to our audience, our affiliate partners, Premiere Networks, our advertisers, and the talented team that makes this show possible every day. Their loyalty, trust and support have made this milestone possible, and I look forward to continuing the conversation for many years to come.”
Afternoon News. KRMG has such a strong connection with our community, and I am thrilled to be able to spend my afternoons telling stories and interacting with listeners. I’m looking forward to working more with this team and sharing some laughs along the way.” Berg adds, “I’m honored, excited, and humbled all at the same time about the new show. I grew up in Tulsa listening to John Erling on KRMG, interned at the station when I was in college, and ultimately wound up working here. KRMG is kind of in my DNA, so to have my name attached to a KRMG show is almost surreal and very flattering. I’m eager to begin this new phase at the station.”
department. Marcus is now serving as SVP, finance and strategic planning, and Montijo rises to SVP, controller and accounting. Salem CEO David Santrella says, “Salem is entering an important new chapter, and Autumn and Monica will be key members of the leadership team helping us shape it. They know Salem and our businesses extremely well, and I have tremendous confidence in both of them and the teams they lead.”
About those commercials… which pay for you. When a prospective client says, “We tried radio. It didn’t work,” I ask to hear the commercial. Within seconds I can tell why.
“Rap” was senior vice president of rock promotion at Columbia Records where he served for 33-years during album rock’s golden era, playing a pivotal role in the careers of some of the biggest stars in the business. These included everyone from Bob Dylan to Bruce Springsteen, Pink Floyd to the Rolling Stones, Elvis Costello to Billy Joel, Judas Priest to Alice In Chains, Journey and many, many more.
into the radio business. He first went on the air on WGSM, Long Island but is best known for his weekend talk show on WPLJ, New York. He was friendly with singer Harry Chapin with whom he founded World Hunger Year that later became WhyHunger and led to a series of Hungerthon broadcasts. Ayres left the priesthood in 1979 and married his wife Jeannine. 
ABC warned that the FCC’s scrutiny of “The View” could reach talk radio. Now the eight ABC-owned television station licensees have taken the agency to court. But the immediate lawsuit is not asking a judge to decide whether “The View” qualifies as news.
Harris joined Red Apple Media on May 4 as VP of news for WABC and the new Worldwide News Network, which launched May 23. Six weeks later, Red Apple promoted him to SVP of news and programming, expanding his authority across WABC, WWNN and Red Apple Audio Networks. On August 12 – roughly 100 days after his hiring – company CEO / owner John Catsimatidis announced Harris’s departure. Catsimatidis stated he had requested Harris’s resignation following a dispute involving a longtime employee returning from medical leave. Red Apple later attributed the separation to differences involving “leadership style.” Harris said he had decided to return to his longtime independent business developing broadcast technology products, but neither side identified a replacement nor fully explained in detail whether Harris resigned voluntarily or was dismissed.
slipped including KFRU, Columbia, Missouri talk hosts David Gaines and Simon Rose. Gaines posted to Facebook: “As of this week, I’m no longer with Columbia’s heritage radio station KFRU. Corporate downsizing, the elimination of Cumulus Media positions nationwide, hit our market this week. That’s the nature of this business. Despite this setback, I’m writing this with a sense of gratitude. These past 18 years have been such a wonderful stretch of my career. I’ve worked with so many talented and creative people. Been a part of countless wonderful events. Interviewed multiple local and state leaders, and interesting guests from all walks of life.” Rose’s wife Jenna posted to Facebook: “Simon Rose has come to the end of a legendary run in local radio. He weathered plenty of rounds of belt-tightening over the years, but this time was the one he didn’t survive. The hardest part for him isn’t the ending itself – it’s that he didn’t get the chance to say a proper goodbye to the listeners on either station. He wants them to know how much being part of their lives has meant to him. They have been with him since before we were married and took daily interest in him and our growing family. Thank you for that.”
company’s Digital Audio Group revenue was $364 million, up 12% over Q2 of 2025, with the podcast segment rising 21% on revenue of $162 million. iHeartMedia chairman and CEO Bob Pittman comments, “We’re pleased with our second quarter results, generating Adjusted EBITDA of $152 million, slightly above the midpoint of our previously provided guidance range. Our consolidated revenue was $977 million, up 4.7% compared to the prior year quarter and above our guidance. Our podcast revenue momentum continues, up 20.7% compared to prior year, and in addition to helping propel our growth as the #1 podcast publisher, our broadcast radio assets have also allowed us to develop and drive the new video podcast marketplace – an incremental growth opportunity for us, including on streaming video services including Netflix and Disney+ and Hulu, which we announced today. And our work in building our digital assets continues to pay off; this is the sixth consecutive quarter in which the Digital Audio Group Adjusted EBITDA is larger than the Multiplatform Group Adjusted EBITDA.”
By Walter Sabo