It’s rare that you see those kind of moves, but you’re going to see them in a unique way. And the big guys they’re going to control distribution which is wonderful that we have these partnerships with Spotify and Apple and Samsung and so on, right? But they’re also going to be focused on the of the world decided $250 million contract, right? And the show just moved over from Amazon, $100 million a year for SmartList, right? There’s more and more money pouring into the system, but the big guys are going to focus on how it stars and Joe Rogan. And we’re going to have an unbelievable opportunity to acquire existing podcasts with traffic and audience as well as like we did with Cash Media. I fully expect we said we have 10 acquisitions in the pipeline.
I fully expect additional acquisitions in the podcast space as well this year that are hugely accretive to our bottom line.
Brian Kinstlinger: Last question I have, I think — I don’t think you discussed it, but I think it’s a really important point that you and I have discussed in the past. So maybe you can share any stats for recently onboarded podcast how they perform compared to when they were on other platforms, not on the PodcastOne platform in the first 6 months or so, I think that we’ve had a good discussion and then I think it would be helpful if you could share some stats.
Rob Ellin: And I think this is a credit to Kit Eli and, and they’ve got 65 years of history in doing billions of dollars of revenues in radio, right? Sue Ran sales for Howard Stern and all 3 of them being on the who was a pioneer radio and created one of the great public companies and radio with this company previously with Westwood One. Our team has been able to move over podcast and without giving names, we moved over on podcast that literally had 20,000 downloads. It’s making it a couple of dollars, very talented, 2 women, very talented from a small town. We moved them onto our platform. We put a mom with the Vanderpump, we put them on to all the house-wide which we’re most powerful and they’ve now grown to 150,000 downloads and they’re doing millions of dollars of revenues.
So — and there’s multiple stories like that. And very few companies are left that can do that when they have a community that they’re really working on the sales, the marketing, the PR, the production, all of it in one and working with that talent to deliver a way better CPAs and way more traffic, way more audience. You also put them on — good morning America and put them on TV and did all the work of PR firm that really grow them and I couldn’t be more proud of it. Brendan’s show has exploded since it came on a network. It’s up 2.5 times since it from being over a cash media.
Operator: Our next question is from Jon Hickman from Ladenburg. Jon, please go ahead. Your line is open.
Jon Hickman: Rob, could you walk through like how podcast becomes a streaming or television-type asset? And what the revenues what your portion of the revenues could be?
Rob Ellin: Thanks, Jon. I mean, you and I go back a long way. I think I met you when I owned atmosphere films, and I had a slate of television and moment. I was very fortunate, those films turned out to be one or turned out to the move the movie 300, and the other 1 turned out to be. And we did well over $1 billion of revenues. Here’s the beauty of this model. You take a podcast like Barnam Town. My partner and Board member, Patrick Waxberger, one of the great creatives of content Maven the Street, just won an Academy work for, created Twilight, Lala Land, came to us with a show called Town, okay? An amazing story, right? I’ll make it really brief, but 300 people little town for any of you old enough to know this band called, a plan at in this little town of 300 people out Carolina, and all of a sudden, everybody explodes and becomes rich.
Much coming out of the little money is coming out of their pockets. So how much money is created system. And of course, what happens and CIA and FBI and drug enforcement and tax authorities and so on. There’s a little counter 300 people. That show I highly believe it’s going to become the bidding work for the streaming networks. It’s the story of Pablo Escobar infiltrating in little town in North Carolina. And for anyone who has an opportunity to listen to it, I think you got to really enjoy it. You’ve seen the shale seeing any of these true Triumph type shows. This is one of the best I’ve ever seen. And I think that’s 1 of our 4 shows we’ve announced so far. Stay tuned because there’s going to be a lot more announced any minute now. These 4 are all in this quarter, right?
Opportunists, Digilanthia has already sold to a major studio. They just wired a $70,000 just to start with. So John, when you look at these things, you’re going to start to get production money, you’re going to start to get back-end money. And as we grow it, we expect to do 10 to 12 of those shows a year, which we’re doing anyway, right? They’re on our platform. Make some money of the podcast, but then sell to that second window where there’s no risk in Netflix or Apple or Amazon or HBO buys the rights to it. And we sit there with the catchers met and collect money for the rest of our lives. I’m very fortunate when I did 300, it’s now almost 20 years. Those royalty checks come into life. And so this really exciting next generation of where podcast is going.
Jon Hickman: So is there any cost to you to do that?
Rob Ellin: In fact.
Jon Hickman: Where is 100% margin.
