PodcastOne Names Steve Lehman Vice Chairman to Drive Its Mergers, Acquisitions and Strategy Efforts
LOS ANGELES, Sept. 09, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ: PODC), a leading on demand pure play podcast platform offering a 360-degree turnkey solution, including content creation, brand integration and
distribution, announced today the appointment of Steve Lehman as its Vice Chairman, focusing on helping PodcastOne drive both organic and inorganic growth opportunities, as well as advising
PodcastOne’s senior management with regard to PodcastOne’s mergers and acquisitions efforts and overall strategy and increasing its shareholder value. Lehman will leverage his extensive background
in business and finance having headed both Nasdaq and NYSE companies, as well as start-up businesses in the media, entertainment, and tech industries.
“We are pleased to welcome Steve Lehman to PodcastOne. His unique knowledge of content and media, and his successful track record and history in merger, roll-up, and consolidation, perfectly aligns with PodcastOne’s strategy and vision for its long-term growth. We continue to launch new revenue channels with high margins atop of our existing strong infrastructure, and we look forward to leveraging Steve’s experience, leaning into his expertise and relationships as PodcastOne further builds its global brand,” said PodcastOne President and Co-Founder, Kit Gray.
Lehman has extensive experience on both boards, and advisory boards, with companies including Vymedic Biotech, Valkyrie Bitcoin ETF (Nasdaq), CoFoundersLab, DocuSign, Krach Institute for Tech Deplomacy, Ucode and multiple other start-ups to series A companies. Lehman was a first round investor in Mark Cuban’s Broadcast.com, a partner in merchant bank Broadstream Capital Partners, and a seasoned investor, entrepreneur, and lifelong business leader. Lehman was the Founder, Chairman, and CEO of the largest radio network in the US, Premiere Networks (Nasdaq), which is now the part of iHeartRadio’s empire of audio companies.
About PodcastOne
PodcastOne (Nasdaq: PODC) is a Los Angeles based podcast network founded in 2012 by Kit Gray and Norm Pattiz providing creators and advertisers with a full 360-degree solution in sales, marketing, public relations, production, and distribution delivering over 2.1 billion downloads per year with a community of 250 of the 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 listeners a month across all of its own properties, LiveOne (Nasdaq: LVO), Spotify, Apple Podcasts, iHeartRadio, Samsung and over 150 shows exclusively available in Tesla vehicles. PodcastOne is also the parent company of LaunchpadOne, an innovative self-serve platform developed to launch, host, distribute and monetize independent user-generated podcasts. For more information, visit PodcastOne.com and follow us on Facebook, Instagram, YouTube and Twitter at @podcastone. For more investor information, please visit ir.podcastone.com/overview/default.aspx.