Spinoff of LiveOne falls nearly 50% one day after Von goes public with Kast Media allegations
The tumble came amid growing criticism of one of PodcastOne’s acquisition targets — California-based Kast Media — by major podcasters like comedian
who accused Kast failing to pay out $4 million in advertising fees collected by Kast on behalf of its podcaster clients.,” Von alleges that Kast Media founder and CEOfor the advertisements it sold and booked for Von’s show.
. He noted that PodcastOne is no longer hiring Thomson to join his the publicly traded company, but noted he hoped to help creators hurt by the Kast Media controversy. “We’ve bought a distressed asset called Kast Media, a very distressed, troubled asset owed a lot of money to its podcasters and couldn’t really afford to pay them. And the banks pulled out. And that host pulled out. So we acquired those and have added some very serious revenues to it,” he said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Special needs school bus collides with city bus in WisconsinShocking footage shows a school bus was T-boned by a city bus at an intersection in Racine, Wisconsin. Police reported up to 10 people were injured in the crash, with seven or eight people on the c…
続きを読む »
The Natural-Born Diplomat Behind This Year’s Biggest IPOThe American CEO of Arm, a British company owned by a Japanese tech conglomerate,must juggle the needs of chip-making customers who are battling each other.
続きを読む »
SoftBank's Arm IPO currently six times oversubscribed-source By ReutersSoftBank's Arm IPO currently six times oversubscribed-source
続きを読む »
Arm touts cloud computing expansion, royalties to IPO investorsSoftBank Group Corp's Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer.
続きを読む »
- ECB rate decision, US CPI, Apple event, ARM IPOECB rate decision - 14/09 – the ECB Governing Council is likely to see further splits when it comes to its rate hiking cycle this week. Bundesbank Pr
続きを読む »
Car-sharing service Turo restarts IPO plans for fallAfter a delay, Turo car-sharing business appears to be planning on going public this fall. It was valued in 2019 at a little over $1 billion.
続きを読む »