LiveXLive, a music streaming platform, combining audio and video, completed the acquisition of PodcastOne, a subscription and advertiser-supported podcast network, for $18m. "We're excited to expand our business into the fast-growing podcast category, complementing our music platform of streaming audio, on-demand video and live event performances. The acquisition will add to and diversify our revenue with a strong advertising component. Once acquired and integrated, we will have a significant opportunity to cross-sell and cross-promote to our respective subscribers, advertisers, and sponsors as well as provide our collective artists and on-air talent with an expanded platform to increase their social media and online presence," Robert Ellin, LiveXLive Chairman and CEO.