They were just on the today show just last week. Their show came over to us with 20,000 downloads an episode. And this is a bit of an anomaly, but it’s a lot of hard work, not only on our end, but their end, that show is doing over 125,000 downloads an episode and we’ll crack 7 figures in revenue. We’re talking to them about launching another episode where they’ll have 3 episodes a week, one on Saturday. So that’s the strategy, right, to find these people that fit into our mold and fit into our system and we can grow the revenues from low 6 figures to 7 figures even potentially even more, right? So that’s really the strategy.
Robert Ellin : One of the other great — Brian, one of the other great things that’s happening in this space is because it’s not nearly as competitive where everyone is willing to pay these crazy MGs or crazy prices. We’re negotiating way better deals than we’ve ever negotiated before. And Kit and the team, as I’ve always described it, have always played moneyball, but now playing moneyball, you’re going to see a lot more 60-40 deals and 50-50 deals than you did previously. And we’ve always stayed away from those 80-20 deals and it’s proven to be the right methodology and the team really understood what the right deals were.
Brian Kinstlinger : Okay. Lastly, this — the Kast and Fantasy Guru acquisitions, disclosing them depend on PodcastOne trading on its own? Or is there any obstacle in closing those acquisitions? .
Robert Ellin : No, it’s already happening, right? So Kast Media, we’re buying certain assets of that, as we’ve already announced a couple of shows, and I fully expect you’re going to see us announce some massive shows any minute now. With Fantasy Guru, I expect it to close in the next 30 days, right? It’s an exciting time to close it because you go right in the football season. And we’re really excited about this. They’ve never done any advertising and sponsorship. And it obviously crosses over radio as well as podcasting. So we see a really exciting opportunity to expand that business dramatically and utilize our creators and our podcasters to drive more subscribers.
Operator: The next question comes from Jon Hickman from Ladenburg.
Jon Hickman : Rob, can you elaborate on you said 2 to 4 weeks before podcast starts trading on a national exchange. Can you elaborate on why you think it’s going to be that soon after all the delays?
Robert Ellin : Yes. I mean I can’t say too much, but what we said in the press release is that after being approved by the SEC, Nasdaq asked us for our audited statements, right, which was not an unreasonable ask. It was just 8 months into the process. So as you know, we’ve delivered those audited, right? Those are filed publicly. And so that’s all completed. And so I’m very, very confident that we will trade on a major exchange shortly. And it will probably be up to us as to what day we choose to trade and make sure that we do the right road show in advance, get out to the street in advance. And this has obviously taken a little bit longer than we expected and like everything. None of these are easy. It’s the first time ever done that you’ve done an uplifting and a partial dividend at the same time.
