Digital-media company LiveXLive Media will acquire PodcastOne parent Courtside Group in a bet that bigger is better amid the coronavirus pandemic and that ad revenue for podcasting will continue to soar. The all-stock deal, which will make PodcastOne founder Norman Pattiz a major shareholder in LiveXLive, values the podcast network at $18.1 million.
Source: WSJ News Exclusive | LiveXLive to Join Podcast Fray With PodcastOne Acquisition