Amazon Deal, TV Adaptations Push PodcastOne To Record Growth.

PodcastOne entered the new year with a tailwind. The company reports revenue during its fiscal quarter ending Dec. 31, 2025, grew 25% from a year earlier, to a record $15.9 million. And earnings also surged 516% year-to-year to $2.8 million, which was also a new third-quarter record for the podcast network.

PodcastOne says its ad sales efforts have also been boosted by a three-year ad sales deal with Amazon’s Art19 that includes a $15 million minimum revenue guarantee. It now expects that deal will bring in more than $20 million a year in revenue.

“We’re pleased with PodcastOne’s continued performance this quarter, driven by strong subscriber growth, strategic partnerships, and the continued success of our flagship shows,” President Kit Gray says in the announcement.

PodcastOne operates on a fiscal year, and after three quarters behind it, is now pacing to set a record for annual revenue. With the latest quarter in the books, it says annual revenue is now pacing 21% ahead of the prior year, totaling $46 million. Earnings have increased to $4.5 million, which is a 421% year-over-year increase. Based on the current quarter’s pacings, PodcastOne has raised its full-year guidance. It tells investors it now believes it will have $58 million to $60 million of revenue when the fiscal year ends March 31, and earnings of $5 million to $6 million.

Beyond the revenue numbers, PodcastOne says it has added 25 new podcasts so far this year. And it says three podcast titles have been sold to major television and streaming platforms, including “Varnamtown,” “Vigilante,” and “The Opportunist.”

“The acquisition of ‘Varnamtown’ by Paramount underscores the value of our content and the strength of our network, while our ongoing investments in technology and distribution position us well for future growth,” Gray tells investors. “We remain focused on delivering compelling programming and creating meaningful opportunities for our talent and audience alike.”

Mass Layoffs At LiveOne

Separately, PodcastOne’s parent company LiveOne also reports growing revenue. It too operates on a fiscal calendar, and in the quarter that ended Dec. 31 it reports that revenue totaled $20.3 million. Nearly all of that — $18.6 million — came from its audio division, which in addition to PodcastOne includes the music service Slacker Radio. Quarterly earnings totaled $1.6 million.

The most surprising number, however, may be its payroll. LiveOne says “AI-driven efficiencies” have allowed it to “streamline” its staff from 350 employees to 88. It means three in four LiveOne employees have been laid off.

“Our third-quarter results reflect strong execution and profitable growth, highlighted by sustained momentum in our Audio business and the scalability of our platform,” LiveOne CEO Robert Ellin says in the announcement.

Last April, Ellin said that LiveOne was exploring strategic options, including a potential sale of both its podcast division and its streaming music service Slacker Radio. He said the company was initiating a strategic review to explore alternatives. The company said Thursday it is “actively evaluating” several opportunities, including a potential subsidiary sale.

In the meantime, it has expanded its share repurchase program with about $6 million remaining under a board-authorities buyback program. LiveOne has acquired an additional 771,000 shares of PodcastOne shares at average price of $1.93 per share during the fiscal year, including 186,636 during the most recent quarter. “Our continued share repurchases at attractive valuations underscore management’s conviction in the long-term value we are building for shareholders,” Ellin said.