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PodcastOne forms Special Committee to explore strategic options, backed by Galloway Capital citing undervalued shares.

Market News
02 Nov 2026, 15:30 WIB
GlobeNewsWire
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Bullish
PodcastOne forms Special Committee to explore strategic options, backed by Galloway Capital citing undervalued shares.

PodcastOne, Inc. has established a Special Committee to hire a financial advisor to explore strategic alternatives aimed at maximizing shareholder value. Galloway Capital Partners, a major investor, supports this move, arguing that PodcastOne's current market valuation undervalues its content and audience reach. The company ranks 6th among U.S. podcast publishers with about 5.8 million unique listeners and estimated annual revenues of $68-$75 million. Galloway Capital suggests the company's value could be between $195 million and $300 million, or $7 to $10 per share, higher than current market prices, highlighting potential for strategic transactions.

PodcastOne's strategic move to retain a financial advisor is contextually placed within the media sector's market activity. For readers following media stocks, here is Pluang's market snapshot as of Nov 02, 2026 20:02 WIB: Among 57 priced US media stocks, 28 rose and 18 fell. Notable movers include EchoStar Corporation at USD 101.00 (+4.19%), Fox Corp Class A at USD 65.75 (+3.97%), and Live Nation Entertainment at USD 183.30 (+3.04%).

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