I hope you had a good time. Hot Pod won't write itself because my body isn't ready to return to work. In our first issue of the year, Donald Trump Jr. signs with Rumble, De La Soul is coming to streaming platforms, andPodcastOne is becoming a separate public company.
A person gave Donald Trump Jr a deal.
The first talent deal of the year arrived early. Donald Trump Jr. has signed a deal with a right-wing alternative to the internet. His new show, Triggered with Don Jr., will be broadcasted twice a week.
It is not a complete shot in the dark for Rumble, where the eldest Trump spawn already has more than 1 million subscribers thanks to videos like "This Airline Disaster Is What Happened When Wokeness Rules" and "Now 'Shark Week' is Racist". It was no wonder he was able to get a seven-figure sum for his show. It doesn't hurt that he has a business relationship with his father's social network.
Trump is the newest addition to the roster of controversial talent. Seven figures is not much in the grand scheme of the deals. The appetite for conservative content is reflected by the fact that Rumble is willing to give money for several deals in a row.
There is a proposal to create a separate public company.
LiveOne is spinning off its podcasting arm as a separate company. The majority of the company will still be owned by Live One.
A few benefits of the spinoff were listed in the prospectus. They believe that as a stand-alone company, they would be in a better position to offer equity incentives to their subscribers. The rest of the business face different opportunities and challenges, according to them. The company was ordered to pay $10 million in delinquent royalties.
As a stand-alone entity, the company could be more valuable. Revenue increased by 64 percent over the course of a year. In order to achieve that, the company had to spend a lot more and report a bigger loss. The company said that it is likely to spend. Even if we achieve profitability, we might not be able to sustain being profitable, according to the filing.
We have not seen the end of the cancellation.
About one-third of the staff at Gimlet and Parcast were laid off due to the cancellation of the shows. She defended the move as well as the cancellation of shows on a regular basis.
Ostroff said that it was a matter of course for the television business to look at shows that were not performing well. We had to make difficult decisions about canceled shows. We had not done it before.
We may not see the same level of layoffs we did last fall, but it could be a difficult year. Audio companies will have to be careful with their spending because the ad market is softer than it was a year ago. Ostroff doesn't seem to be concerned about what stays and what goes.
It will be coming to streaming services in March.
The classic albums of De La Soul will be released in March. Fans of the group are happy to have easier access to their music, but the move also sets the stage for the trio to take advantage of the catalog boom. The song is tailor-made for TikTok nonsense. Maybe it can be the next thing.
There is only one thing for now. Next week, see you.
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