LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker Radio, a streaming music service, as well as produces original music-related content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users; provides digital Internet radio and music services to users online and through automotive and mobile original equipment manufacturers on a white label basis; and offers ancillary products and services, such as regulatory and post-implementation support services. In addition, it develops, manufactures, and distributes personalized merchandise and gifts through wholesale and direct-to-consumer distribution channels. Further, the company offers an application that provides access to live events, audio streams, original episodic content, podcasts, vodcasts, video on demand, real-time livestreams, and social sharing of content. The company was formerly known as Loton, Corp. and changed its name to LiveXLive Media, Inc. in August 2017. LiveXLive Media, Inc. was incorporated in 2009 and is headquartered Beverly Hills, California.
IPO Year:
Exchange: NASDAQ
Website: livexlive.com
Date | Price Target | Rating | Analyst |
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4/14/2023 | $2.80 | Buy | ROTH MKM |
ROTH MKM initiated coverage of LiveOne with a rating of Buy and set a new price target of $2.80
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Fool Coverage Has 153 Episodes Since Its Launch in 2021 17th New Podcast Joining PodcastOne Network This Fiscal Year, 45th in Last 12 Months 3.8 Billion All-Time Network Downloads LOS ANGELES, Sept. 13, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has entered into a multi-year agreement for the exclusives sales and distribution rights to Fool Coverage with Manny MUA and Laura Lee. The Millennial and Gen Z favored influencer beauty gurus Manny and Laura Lee bring their top reviewed pop culture comedy podcast to PodcastOne for weekly episodes starting September 12, 2024. "Been ther
LiveOne Plus annual price increased to $39.99 (a $4 per subscriber increase)LiveOne Premium monthly price increased to $10.99 (a $1 per subscriber increase)Price adjustments will support future product innovation and enhanced content experiences LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform announced today a price adjustment, effective immediately, for its Plus and Premium membership plans. This change affects all new subscribers to LiveOne Plus on an annual basis and all new monthly subscribers to LiveOne Premium. As of today, LiveOne boasts over 4 million ad-supported and paid members,
Former President Barack Obama to Appear on September 5, 2024 Episode I've Had It Has Released 181 Episodes and Garnered Nearly 30 Million Downloads to Date Sister Podcast IHIP News Features A-List Guests from Recent Democratic National Convention LOS ANGELES, Sept. 05, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has renewed its exclusive sales and distribution agreement for the chart topping pop culture podcast I've Had It hosted by Jennifer Welch and Angie "Pumps" Sullivan. I've Had It exploded on the podcast scene in 2022 and has soared in popularity across multiple demographics leadin
Wrestling World Champion Nic Nemeth and Brother Award Winning Actor Ryan Nemeth Launch Weekly Wrestling and Comedy Podcast 16th New Podcast Joining PodcastOne Network This Fiscal Year, 44th in Last 12 Months 3.8 Billion All-Time Network Downloads LOS ANGELES, Sept. 04, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has entered into a multi-year exclusive joint venture with Nic and Ryan Nemeth for the Nemeth Bros Podcast. PodcastOne will exclusively oversee the distribution and sales on the weekly wrestling and comedy show which is set for launch on September 5,
LOS ANGELES, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Kartoon Studios (NYSE:TOON) and LiveOne (NASDAQ:LVO) are thrilled to announce an exciting new partnership that will bring three dynamic channels of music and video content to audiences of all ages. This collaboration combines both companies' creative expertise and distribution power to deliver tailored entertainment experiences across multiple platforms. The partnership will introduce three distinct channels: 1. Baby Genius: Aimed at children aged 2-8, this channel will offer engaging and entertaining content to stimulate young minds. From animated adventures to sing-along music, Baby Genius is expected to become the ultimat
583K PODC total shares, $2.08 average price, including 224K since July 1stAdditional 153K+ LVO shares since July 1st$6.3M remaining for repurchasesExtinguishing 4.3M repurchased LVO shares by end of week, reducing outstanding shares from 99M to 94.7M LOS ANGELES, Aug. 20, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO) an award-winning, creator-first music, entertainment, and technology platform announces updates to the LVO and PodcastOne (NASDAQ:PODC) cash position and repurchasing program. About LiveOneHeadquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences
TextNow Boasts 250M+ downloadsExclusive content and 1 year of LiveOne Plus offer to TextNow UsersStrategic Expansion: Partnership expected to drive revenue & EBITDA growthLiveOne expanding B2B team from 6 to 10 employees SAN FRANCISCO and LOS ANGELES, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), the premier streaming platform for music, podcasts, and live events, announces a mutli-year partnership with TextNow, the leading free phone service provider in the U.S. This exclusive affiliate agreement allows TextNow customers to access a full year of LiveOne's Plus service at a substantial savings, including special content programming just for TextNow customers. As part of this
- Slacker Radio's 4 million members will have to access to new program - Tapping into the booming global audiobook market, valued at $5B and projected to reach $42B by 2031 - LiveOne now boasts 3 pillars of audio: music, podcasts, and audiobooks LOS ANGELES, Aug. 16, 2024 (GLOBE NEWSWIRE) -- LiveOne, Inc. (NASDAQ:LVO), a leader in digital broadcasting and personalized entertainment, is excited to announce a strategic collaboration with Legible Inc. (CSE:READ) (OTCQB:LEBGF) (FSE: D0T), a premier digital reading and audiobook platform. This partnership is set to expand LiveOne's Slacker Radio member base by offering enhanced value through exclusive access to Legible's audiobook con
Adjusted EBITDA* (excluding CPS) of $3.3M Audio Division (Slacker Radio and PodcastOne (Nasdaq: PODC)) Record Revenue of $31.9M (+24% YoY)Adjusted EBITDA* of $5.1M Fiscal 2025 Guidance Consolidated Revenue of $140M - $155M, Adj. EBITDA* of $16M – 20MAudio Division Revenue of $130M - $140M, Adj EBITDA* of $20M - $25M Shares Repurchased Total shares 4.38M$6.3M remaining of $12M under repurchase program Senior Management to Host a Live Conference Call and Audio Webcast on Tuesday, August 13, 2024 at 10:00 A.M. ET LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its o
Adjusted EBITDA* of $(0.3M)Signed $24M revenue B2B partnership with Fortune 250 companyExpanded pipeline of podcasts ready to be adapted in TV and film projectsAdded 9 New Podcasts, Total Now at 187Sold Another Successful Show to a Top 5 Streaming PlatformFY 2025 Revenue Guidance of $51-56MSenior Management to Host a Live Conference Call and Audio Webcast at 11:30 A.M. ET on Tuesday, August 13, 2024 LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today its operating results for the first fiscal quarter ended June 30, 2024 ("Q1 FY 2025"). PodcastOne's President and Co-Founder, Kit Gray,
Fool Coverage Has 153 Episodes Since Its Launch in 2021 17th New Podcast Joining PodcastOne Network This Fiscal Year, 45th in Last 12 Months 3.8 Billion All-Time Network Downloads LOS ANGELES, Sept. 13, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has entered into a multi-year agreement for the exclusives sales and distribution rights to Fool Coverage with Manny MUA and Laura Lee. The Millennial and Gen Z favored influencer beauty gurus Manny and Laura Lee bring their top reviewed pop culture comedy podcast to PodcastOne for weekly episodes starting September 12, 2024. "Been ther
LiveOne Plus annual price increased to $39.99 (a $4 per subscriber increase)LiveOne Premium monthly price increased to $10.99 (a $1 per subscriber increase)Price adjustments will support future product innovation and enhanced content experiences LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform announced today a price adjustment, effective immediately, for its Plus and Premium membership plans. This change affects all new subscribers to LiveOne Plus on an annual basis and all new monthly subscribers to LiveOne Premium. As of today, LiveOne boasts over 4 million ad-supported and paid members,
Former President Barack Obama to Appear on September 5, 2024 Episode I've Had It Has Released 181 Episodes and Garnered Nearly 30 Million Downloads to Date Sister Podcast IHIP News Features A-List Guests from Recent Democratic National Convention LOS ANGELES, Sept. 05, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has renewed its exclusive sales and distribution agreement for the chart topping pop culture podcast I've Had It hosted by Jennifer Welch and Angie "Pumps" Sullivan. I've Had It exploded on the podcast scene in 2022 and has soared in popularity across multiple demographics leadin
Wrestling World Champion Nic Nemeth and Brother Award Winning Actor Ryan Nemeth Launch Weekly Wrestling and Comedy Podcast 16th New Podcast Joining PodcastOne Network This Fiscal Year, 44th in Last 12 Months 3.8 Billion All-Time Network Downloads LOS ANGELES, Sept. 04, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has entered into a multi-year exclusive joint venture with Nic and Ryan Nemeth for the Nemeth Bros Podcast. PodcastOne will exclusively oversee the distribution and sales on the weekly wrestling and comedy show which is set for launch on September 5,
583K PODC total shares, $2.08 average price, including 224K since July 1stAdditional 153K+ LVO shares since July 1st$6.3M remaining for repurchasesExtinguishing 4.3M repurchased LVO shares by end of week, reducing outstanding shares from 99M to 94.7M LOS ANGELES, Aug. 20, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO) an award-winning, creator-first music, entertainment, and technology platform announces updates to the LVO and PodcastOne (NASDAQ:PODC) cash position and repurchasing program. About LiveOneHeadquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences
TextNow Boasts 250M+ downloadsExclusive content and 1 year of LiveOne Plus offer to TextNow UsersStrategic Expansion: Partnership expected to drive revenue & EBITDA growthLiveOne expanding B2B team from 6 to 10 employees SAN FRANCISCO and LOS ANGELES, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), the premier streaming platform for music, podcasts, and live events, announces a mutli-year partnership with TextNow, the leading free phone service provider in the U.S. This exclusive affiliate agreement allows TextNow customers to access a full year of LiveOne's Plus service at a substantial savings, including special content programming just for TextNow customers. As part of this
Adjusted EBITDA* (excluding CPS) of $3.3M Audio Division (Slacker Radio and PodcastOne (Nasdaq: PODC)) Record Revenue of $31.9M (+24% YoY)Adjusted EBITDA* of $5.1M Fiscal 2025 Guidance Consolidated Revenue of $140M - $155M, Adj. EBITDA* of $16M – 20MAudio Division Revenue of $130M - $140M, Adj EBITDA* of $20M - $25M Shares Repurchased Total shares 4.38M$6.3M remaining of $12M under repurchase program Senior Management to Host a Live Conference Call and Audio Webcast on Tuesday, August 13, 2024 at 10:00 A.M. ET LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its o
Adjusted EBITDA* of $(0.3M)Signed $24M revenue B2B partnership with Fortune 250 companyExpanded pipeline of podcasts ready to be adapted in TV and film projectsAdded 9 New Podcasts, Total Now at 187Sold Another Successful Show to a Top 5 Streaming PlatformFY 2025 Revenue Guidance of $51-56MSenior Management to Host a Live Conference Call and Audio Webcast at 11:30 A.M. ET on Tuesday, August 13, 2024 LOS ANGELES, Aug. 13, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today its operating results for the first fiscal quarter ended June 30, 2024 ("Q1 FY 2025"). PodcastOne's President and Co-Founder, Kit Gray,
- Tesla Membership: Boasts 26% year-over-year growth- New Paid Members: Increase over 225k in Fiscal Year 2025 and an impressive 64K in July 2024- Total Membership: Grew 23% year-over-year- B2B Pipeline: Expands to 63, including four signed partnerships to be announced upon launch LOS ANGELES, Aug. 09, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today an update for certain of its July 2024 and fiscal year ending March 31, 2025 ("Fiscal Year 2025") memberships metrics and its B2B pipeline. Brad Konkol, Head of Slacker Radio, commented, "We are pleased with our continued growth and extremely e
- Investor Webcast on Tuesday, August 13, 2024 at 10:00am ET / 7:00am PT LOS ANGELES, Aug. 07, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment and technology platform, plans to announce its operating and financial results for its first quarter fiscal year 2025 ended June 30, 2024 ("Q1 FY 2025") on Tuesday, August 13, 2024. LiveOne's senior management will host a live conference call and audio webcast to provide a business update and discuss its operating and financial results for Q1 FY 2025 beginning at 10:00 am ET / 7:00 am PT on Tuesday, August 13, 2024. *** PARTICIPANT DIAL-IN DETAILS*** To participate in the conference ca
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Upcoming Guests Include Current and Former Saturday Night Live Cast Members and Comedians Fred Armisen, Dana Carvey, Rachel Dratch, Tim Meadows, Bobby Moynihan, Chris Parnell and Cecily Strong Idiotically Speaking to Feature Q&A and Improv Hybrid Format 10th New Podcast Joining PodcastOne Network This Fiscal Year, 41st in Last 12 Months, 185 Total Podcasts LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today that it has signed comedian and actor Chris Kattan to a multi-year contract for the exclusive sales and distribution rights for Kattan's debut podcast, Idiotically Speaking with
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 Podc
Former COO of Warner Bros. Pictures and President & CCO of New Line Cinema Brings Over 25+ Years of Entertainment Industry Experience and Proven Successful Track Record Across Wide Range of Genres, Including Movies Such as "Barbie, Elvis, Dune, The Conjuring, Hobbit & IT" Among Others Possesses Deep Relationships to Continue to Monetize and Expand Upon LiveOne's First $20M+ B2B Partnership. Currently Over 50+ B2B Deals in LiveOne's Pipeline Invaluable Experience Enhancing PodcastOne's Ability to Identify and Sell Proven Podcasts to Streaming Networks as Scripted Shows Diversifies Complimentary Talents of PodcastOne's Board, Including Industry Veterans Patrick Wachsberger and Ji
- Conversion Eliminates $2.0M of Annual Cash Dividends - Eliminates $5M of Redeemable Mezzanine Equity - Broadens Institutional Ownership to ~35% - LiveOne Currently Eligible to Join Russell 2000 in May 2024 - LiveOne Acquired Additional 159,000 PODC Shares at a Price of $3 per Share During March 2024 LOS ANGELES, CA, April 03, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Robert Ellin, the CEO and Chairman of LiveOne, stated, "Jeff Osher, the Managing Member of the Harvest Funds, has successfully invested and partnered in many of my companies for over 20 years. He is renowned as one of the best small cap investors around the globe. I'm honored and excited that Jeff
LOS ANGELES, CA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today the appointment of Aaron Sullivan as CFO. Mr. Sullivan previously served as Vice President, Corporate Controller, and as LiveOne's Interim Chief Financial Officer. Robert Ellin, Chairman and CEO of LiveOne, commented, "Aaron has been with LiveOne since March 2019 and for the past two years, he has done an incredible job serving as the interim CFO. During this period, it became obvious to everyone Aaron brings the right talent and experiences and has been an instrumental leader strengthening our financ
Addition Marks the 21st Podcast Added to the PodcastOne Network This Year Nearly One Million Downloads, 45 Episodes Since Debut LOS ANGELES, CA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), which owns 80% of the PODC common stock, announced today that it has acquired the exclusive multiyear sales and distribution rights to New York Times best-selling author and attorney Rabia Chaudry's and actress Ellyn Marsh's true crime genre podcast, Rabia & Ellyn Solve the Case. Chaudry, who initiated the worldwide sensation podcast Serial and also served as an Executive Producer on the HBO documen
LOS ANGELES, CA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne, Inc. (NASDAQ:LVO) subsidiary Slacker Radio (ROCL) is pleased to announce the appointment of Bill Wittress as Head of Business Development and partnerships for Slacker Radio. In this role, he will lead the company's strategic business development efforts, overseeing sales, strategy, legal, and marketing initiatives to further expand our presence in the 100-billion-dollar music streaming industry. Wittress leverages his 25+ years of strategic leadership, which have included driving multimillion-dollar revenue deals and forging pivotal partnerships with many Fortune 500 companies. "Bill Wittress brings a wealt
Former CEO of Hard Rock Café International and Participant Media brings 25+ years C-level experience with prominent entertainment and public companies Today, the award-winning music, entertainment and experiential platform, LiveOne (NASDAQ:LVO), is pleased to announce that Jim Berk will join the Board of Directors for PodcastOne, a LiveOne wholly owned subsidiary and the nation's largest podcast network and home to more than 200 household-name celebrities, athletes, and podcast stars. Berk has over 25 years serving as Chief Executive, including his prior experience as CEO of PodcastOne, knowledge of the entertainment and media sector, and his expertise in strategic planning, operations, me
Dynamic Group of Accomplished Women Round Out Leadership Team Akanda Corp. ("Akanda" or the "Company") today announced the appointment of Gila Jones, Gugu Dingaan and Bridget Baker to its Board of Directors as independent directors. Following the appointment of Ms. Jones, Ms. Dingaan and Ms. Baker, the Board will be comprised of seven directors total with four being independent directors. "Akanda is deeply committed to the highest standards of ethics, sustainability and socially-conscious leadership, which includes the very top of our organization," commented Louisa Mojela, Executive Chairman of Akanda. "Gila, Gugu and Bridget bring significant governance and oversight experience to our B
DALLAS, Dec. 15, 2021 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it has appointed Michael Quartieri as Chief Financial Officer. Mr. Quartieri will join Dave & Busters as Chief Financial Officer starting January 1, 2022. Mr. Quartieri was previously Chief Financial Officer and Corporate Secretary at LiveOne, (NASDAQ:LVO) a global platform for livestream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture. Prior to that, Mr. Quartieri was Chief Financial Officer, Treasurer, and Corporate Secretary at Scie
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Partnership Anticipated to Drive Significant Revenue A.A. Milne's Classic Books Gave Rise To $80 Billion in Retail Sales with Millions in Music Royalties
Record revenue of $33.1M for the Q1 FY25, up 20% from Q1 FY24 Adjusted EBITDA* results of $2.9M, up 31% over Q1 FY24 Guides positive cash flow from core operating business of $17.5M for Q1 2025 Realized cost savings of approximately $5M for Q1 and ended Q1 with over $10M cash position Company expands share repurchase program from $10M to $12MLOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, entertainment, and technology platform, announces preliminary fiscal year 2025 Q1 results (ended June 30, 2024).
PodcastOne (NASDAQ:PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ:LVO), announced today certain of its preliminary and unaudited results for the first quarter ended June 30, 2024 ("Q1 2025"), including anticipating record revenue of $13M for the quarter. Additional highlights include:- Revenue increase of $2.5M (+ 21%) versus the first quarter ended June 30, 2024- Ranked #11 by Podtrac, surpassing Paramount, Barstool Sports and CNN- 5.5M US unique monthly audience- 17.5M global downloads and streams- 185 active podcasts and shows- Launched 10 podcasts this quarter including Tactful Pettiness, Ransom and Wholeheartedly
Institutional holdings increase by 10.5M+ shares Retires 4.2M open market shares, reducing total outstanding shares to 94.7MRegistered 1.3M warrants at $2.10 (50% premium) expect $2.73 million from largest existing investorCompany Plans to Aggressively Buy Back $5M worth of LVO SharesLOS ANGELES, July 08, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, entertainment, and technology platform, announces recent developments, including joining the Russell 2000 Index and retiring 4.2M open market shares.
- AI-powered search engine for beats & sounds - Unlocking new revenue streams for artists, and creators in a multi-billion-dollar market- LiveOne Adds New Subscription for Beats and Sounds Adding 100+Subscribers/Month at $19.99LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), a creator-first music, entertainment, and technology platform, announces a groundbreaking partnership with Seekr operating on the Intel Developer Cloud to build the industry's first AI-powered search platform for beats and sounds.The platform will be available for creators by the end of the year to aid in music creation and licensing with innovative technology. The offering will unlock limitless poten
- Total membership surpasses 3.8 million, a remarkable 25% year-over-year increase- Tesla membership reaches a milestone of 1.8 million, boasting an impressive 32% year-over-year growth- Projected membership growth exceeds 1 million in calendar year 2024- (B2B) pipeline expands to over 60, with the signing of four multi-year major partnerships to be announced at launch
Leveraging KYLE's 4.5M Monthly Spotify Listeners, 6+M Followers and Upcoming US Tour Dates for Promotion to his Superfans Expanding Subsidiary LiveOne Brands' Lineup of Celebrity ProductsLOS ANGELES, June 04, 2024 (GLOBE NEWSWIRE) -- LiveOne Brands, a division of LiveOne, Inc. (NASDAQ:LVO), a leader in the entertainment landscape, is thrilled to announce its collaboration with multi-platinum rapper and actor KYLE to unveil a new coffee brand, Smyle Coffee. This exciting venture combines the world of music and coffee to create a unique blend with the goal of brewing joy and positivity in every cup.KYLE, the breakout star with hits like "iSpy (feat. Lil Yachty)" and a successful acting career
- Date: Wednesday, June 5, 2024-Time: 10:00 a.m. ET / 7:00 a.m. PTLOS ANGELES, June 03, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment and technology platform, plans to host a webcast to announce an update on its current major partnerships, pipeline B2B partnerships, and the overall size of the market for each subsidiary, showcasing its progress and growth initiatives.LiveOne's senior management will host the live conference call and audio webcast to provide a business update beginning at 10:00 a.m. ET / 7:00 a.m. PT on Wednesday, June 5, 2024.
LiveOne Inc (NASDAQ:LVO) reported fiscal fourth-quarter 2024 revenue growth of 20.9% year-on-year to $30.899 million, beating the analyst consensus estimate of $30.445 million. EPS loss of $(0.03) missed the consensus loss estimate of $(0.01). The Slacker division had revenue of $17.6 million versus $14.1 million Y/Y. As of March 31, 2024, paid members were up by 30% Y/Y. Total members, including free ad-supported memberships, were approximately 3.75 million on May 25, 2024. The operating loss was $(1.161) million against ($0.860) million a year ago due to higher stock-based compensation. Adjusted EBITDA was $2.785 million versus $1.495 million a year ago. LiveOne held $7.14 m