RILY - PodcastOne (Nasdaq: PODC) Appoints Wall Street Veteran Jon Merriman to Its Board of Directors | Benzinga
LOS ANGELES, May 31, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today the appointment of Jon Merriman to its Board of Directors.
"We are thrilled to welcome Wall Street veteran Jon Merriman to our board of directors. His track record of finding undervalued, high growth publicly traded and privately held companies make him ideally suited to add significant value to our existing board of directors. We look forward to leveraging his experience and relationships to further scale our business operations, and our Company's awareness and recognition within the financial and investor community," said PodcastOne President and Co-Founder, Kit Gray.
Jon Merriman currently serves as Chief Business Officer for B. Riley Financial (NASDAQ:RILY), a diversified financial services platform, as well as Senior Managing Director, Investment Banking, with B. Riley Securities, the firm's investment banking arm. In his dual roles with B. Riley, Merriman works closely with public and private corporations across multiple industry groups, private equity investors, law firms and IR firms to create solutions to meet his clients' needs by leveraging the firm's resources.
Merriman specializes in actively advising high growth public and private companies on complex financing, capital markets related and operational issues and has significant experience working with technology, media and entertainment companies. With over 35 years of experience in the investment banking, brokerage, and trading businesses, he has deep experience helping companies across a broad variety of industries with their strategic growth initiatives and in achieving visibility in the public markets through debt and equity transactions.
"I'm excited to join PodcastOne at such a great inflection point in its growth cycle. Kit and his entrepreneurial team have built an impressive creative and distribution franchise in an enormous and rapidly growing market. I'm particularly impressed with its recent B2B partnerships which have driven its rapidly growing monthly recurring revenues. There couldn't be a better time to join the team and learn, ...