LiveXLive Media Acquires PodcastOne (Courtside Group, Inc.)

May 8, 2020

LiveXLive Media, Inc. agreed to acquire Courtside Group, Inc., the owner and operator of PodcastOne, in an all-stock deal valued at approximately $18.1 million (based on LiveXLive's closing price on May 7, 2020). The acquisition brings PodcastOne's podcast library and advertising sales capability into LiveXLive to diversify revenue toward advertising and accelerate cross‑promotion across their platforms; the transaction was expected to close by June 2020.

Buyers
LiveXLive Media, Inc.
Targets
PodcastOne (Courtside Group, Inc.)
Sellers
Stockholders of Courtside Group, Inc.
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.