September 20, 2026
LiveOne added 1.47 million shares of PodcastOne at an average of $2.81, pushing its stake to 20.8 million shares since March 31.
What happened
LiveOne acquired 1.47 million PodcastOne shares over the past several weeks at an average price of $2.81 apiece. That brings its total holding to 20.8 million shares. The purchase was reported earlier Wednesday.
Why it matters
Insider buying signals conviction in the podcast platform's value, especially coming right after quarterly results. For LiveOne, an audio network itself, a bigger stake tightens operational ties and makes a full roll up of PodcastOne easier if they choose to. It also reduces the float of shares available to the public, which can amplify price swings on any news.
The case against
Doubling down on a related company concentrates risk. If podcast advertising softens or platform listening dips, both assets decline together. The fact that LiveOne is buying these shares on the open market, instead of PodcastOne buying them back, hints that the cash is coming from the parent, not the subsidiary.
What settles it
Whether LiveOne files to acquire more stock beyond 20.8 million shares, signaling a step toward de-listing PodcastOne entirely.