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✅ Yes, the content seems to be true and authentic, as reported by several sources.
These, include:
- LiveOne's wholly owned subsidiary PodcastOne closes $8.1 million financing at a pre-money valuation of $60 million as part of its intention to spin-out PodcastOne as a separate public company.
2. https://podcastbusinessjournal.com/interviews/rob-ellin/ - (Trust Score 7/10)
- Rob Ellin discusses his continued investment in PodcastOne and driving growth at LiveOne, including plans for future acquisitions and the potential for significant growth in the podcasting industry.
3. https://www.globenewswire.com/news-release/2025/02/25/3031940/0/en/LiveOne-Nasdaq-LVO-and-PodcastOne-Nasdaq-PODC-Promote-Ryan-Carhart-to-Chief-Financial-Officer.html - (Trust Score 8/10)
- LiveOne and PodcastOne promote Ryan Carhart to Chief Financial Officer, highlighting ongoing efforts to secure financing and drive business growth.