PodcastOne Stock Jumps Over 10% on Deal for Billy Corgan's Podcast

Shares of PodcastOne Inc. (NASDAQ:PODC) jumped 10.2% in premarket trading Thursday after the digital media company announced it had acquired the exclusive sales and distribution rights to a podcast hosted by Billy Corgan, the founder of the rock band The Smashing Pumpkins.

Acquisition Details

PodcastOne will now manage all sales, marketing, and distribution for Corgan's podcast, "The Magnificent Others," across both audio and video platforms. The move adds a high-profile show to the company's portfolio, creating new advertising and sponsorship opportunities.

Launched in 2025, the interview-style podcast has already achieved significant traction:

• It has released 76 episodes.
• It has surpassed 2 million downloads to date.
• Guests have included prominent cultural figures such as Courtney Love, Billy Idol, Tom Morello, and Gene Simmons.

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Strategic Rationale

The acquisition is part of PodcastOne's strategy to expand its premium content and strengthen its foothold in the creator-led podcast market. The Los Angeles-based company operates a network of over 200 podcasters that has accumulated more than 3.9 billion total downloads.

"Billy brings a unique perspective as one of the most influential music artists of his generation, and his ability to connect with guests on a deeper level has made this podcast a standout in the interview space," said Kit Gray, President and Co-Founder of PodcastOne, in a statement. The deal is expected to leverage PodcastOne's distribution network, which the company states reaches over 1 billion monthly impressions across major platforms.