Podcast industry is at 'the beginning of the beginning': LiveOne CEO

📆 09/09/2023 02:42:00
📰 YahooFinanceCA

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 63%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

LiveOne subsidiary Courtside Group, better known as PodcastOne, (PODC) saw its shares tumble 45% in its market debut. LiveOne Chairman and CEO Rob Ellin (LVO) says there was a 'perfect storm in podcasting' where big name companies like Spotify (SPOT) and Apple (AAPL) were investing big bucks on assets, but now 'there's a window' where a company like his can go in and buy podcast networks, pointing to his company's purchase of distressed asset Kast Media. On the podcast industry as a whole, Ellin says it's at 'the beginning of the beginning,' given the global growth potential. On concerns about saturation, Ellin explains that 'you went through that first cycle... real enthusiasm and excitement. Now, you've got a pullback because people... had acquired all these assets. They have to figure out how to run them.

Checkout the most seriously awkward camping moments captured on cameraThere are several stable stocks that may remain afloat when the market is pulling back into a correction, though identifying the best fit for your portfolio may be tricky. The post 3 Stocks to Add to Your Portfolio in a Market Pullback appeared first on The Motley Fool Canada.

-- With economic storm clouds gathering, Canada’s bank regulator is considering stricter capital requirements that some analysts say have the potential to force Royal Bank of Canada, the nation’s biggest lender, to sell equity.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

AT&T's CEO explains how drones are one part of a 'really good business'AT&T (T) is trying to help first responders during natural disasters by using things like drones to provide cell service. AT&T CEO John Stankey says it's 'been a really good business for us.' 'We were under penetrated in the public sector before we started this effort. We've now got five million devices that we've sold into various agencies and first responder entities,' Stankey says. On pricing, Stankey says the company is offering 'more value to a customer than ever before,' adding that he thinks his company's plans are 'incredibly competitive.' When it comes to the ongoing discussion about lead cables, Stankey says the company has been working with regulators to try to understand what the Wall Street Journal was looking at when it filed its report. According to Stankey, 'the data points that have come out since then suggests that we were correct. There isn't a public safety crisis.' Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »