LiveOne(LVO)

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LiveOne (Nasdaq: LVO) to Stream BKFC Ice Wars' “Battle of the Border” USA vs. Canada Fight Night in Over 200 Countries
Globenewswire· 2025-06-12 12:00
June 18, 2025 at 8:00 p.m. ET / 5:00 p.m. PT at LiveOne.Come/IceWars (https://www.liveone.com/live-events/event/bkfc-ice-wars-presents-battle-of-the-border) LOS ANGELES, June 12, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced a partnership with new combat discipline BKFC Ice Wars for their upcoming “Battle of the Border” USA vs. Canada event. The “Battle of the Border” is slated to showcase ten head-to-head bout ...
LiveOne (NASDAQ: LVO) and Subsidiary PodcastOne (Nasdaq: PODC) Appoint Canary Capital's Steve McClurg as Chief Advisor to CEO Rob Ellin
Globenewswire· 2025-06-06 16:44
Core Insights - LiveOne has appointed Steve McClurg as Chief Advisor, leveraging his extensive experience in crypto, blockchain, tokenization, and capital markets to drive strategic growth [1][2] - The company aims to enhance its digital asset innovation, monetize podcast assets, and integrate into institutional markets under McClurg's guidance [1][2] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, providing premium experiences and content globally through memberships and live and virtual events [3] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind, and it is accessible on various platforms including iOS, Android, Roku, and Spotify [3] Strategic Focus - The appointment of McClurg is seen as a significant step towards accelerating LiveOne's mission to enter digital markets, with a strong emphasis on podcasting and digital assets [2] - McClurg's background includes advising on blockchain initiatives and structuring tokenized investment vehicles, which aligns with LiveOne's goals in digital asset treasury strategies [5]
LiveOne (NASDAQ: LVO) to Announce Fiscal Year 2025 Financial Results and Host Investor Webcast on Wednesday, June 18, 2025
Globenewswire· 2025-06-05 14:21
Reaffirms Audio Revenue of $108M+ and Adjusted EBITDA* of $16M+ for FY25Improves efficiency by leveraging state of the art AI technology launching 25+ new radio stations and hosts.Reducing one-third of Slacker staff and achieving an additional $1.3M in cost savings LOS ANGELES, June 05, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, will announce preliminary financial results for its fiscal year ended March 31, 2025 (“FY25”) an ...
LiveOne (Nasdaq: LVO) Closes $16.775M Debt Financing, Convertible at $2.10 Per Share, Led by Funds Advised by JGB Management, Inc. and Other Investors
GlobeNewswire News Room· 2025-05-22 12:00
Potential Additional Funding of up to $11MRaised subscription price by $1/month (ARPU increased from $3 to $5 since Jan. 1, 2025) *Financial Moves* Paid off $7M East West Bank loanExtinguished $4M short-term payablesExtended $5M of short-term payable to long-term debt *Planned Initiatives* Grow/close up to 75 B2B partnershipsConvert Additional Tesla subscribersPursue M&A opportunitiesExpand AI and data mining to monetize 60M databaseGrow current 1.5M subscribers and ad-supported users LOS ANGELES, May 22, 2 ...
LiveOne's (Nasdaq LVO) Splitmind Subsidiary Contributes to 15 BET and AMA Nominations for SZA and GloRilla
Globenewswire· 2025-05-16 14:15
Group 1 - LiveOne's subsidiary Splitmind has contributed to significant music production, including SZA's "SOS" album, which has sold over 6 million units and achieved over 100 million streams on Billboard-topping singles, generating substantial recurring revenues [1] - The production efforts of Splitmind have also led to a combined total of 15 nominations for SZA and GloRilla at the BET and AMA awards [1] - LiveOne is a creator-first platform focused on delivering premium music and entertainment experiences globally through various subsidiaries and services [2] Group 2 - LiveOne operates multiple subsidiaries, including Slacker, PodcastOne, and Splitmind, and is accessible on various platforms such as iOS, Android, Roku, and Spotify [2] - The company emphasizes its commitment to enhancing user experiences through memberships and live and virtual events [2]
LiveOne (NASDAQ: LVO) and Elevate Partner to Launch Reality Games on YouTube, Anticipating 1 Billion Impressions
Globenewswire· 2025-05-05 15:00
Featuring Reality Stars from Love Island, Too Hot to Handle, and Love is Blind, with a combined social reach exceeding 200 million. Featured Talent: - Kordell Beckham - Chloe Veitch - Chase Demoor - Louis Russell - Katherine LaPrell - Hannah Stocking (Host) - Adam Waheed (Host) LiveOne's expands subsidiary PPVOne after streaming: - 250+ livestreams to 200 + countries - 5 billion+ engagements - $30 million+ in revenue - $5 million+ in EBITDA PPVOne's notable livestreams and events include: - Festivals: Roc ...
LiveOne (Nasdaq: LVO) Explores Strategic Options After $207M Napster Sale
Globenewswire· 2025-04-30 14:15
Market Cap: $72.1 millionRanked Top 10 DSPFiscal Year 2025 Expected Revenues: $112M+, Audio Division: Revenues $108M+ and Adjusted EBITDA* $16M+Share Buyback: $6 million remainingB2B Partnerships: Over $50 millionInbound M&A opportunities for LiveOne (Nasdaq: LVO) and subsidiaries Slacker Radio and PodcastOne (Nasdaq: PODC) LOS ANGELES, April 30, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it is explorin ...
LiveOne (Nasdaq: LVO) Presenting Critical Milestone Subscriber Update Today at Trump Mar-a-Lago
Newsfilter· 2025-04-17 12:00
Total Subscribers exceed 1.5M and ad-supported users +800k since Jan. 31, 2025Latest B2B Partnerships generated over $2M revenues since April 1, 2025, increasing expectations to $50M+ this yearPartnerships include Amazon, Dax, a Fortune 250 Steaming Company, and TextNow, with over 75 potential Partnerships in the pipelineRobert Ellin, Chairman and CEO of LiveOne to provide a business update at Trump Mar-a-Lago on Thursday, April 17th LOS ANGELES, April 17, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an a ...
LiveOne(LVO) - 2025 Q4 - Annual Results
2025-04-11 21:00
Financial Results Announcement - LiveOne, Inc. announced preliminary financial results for the fiscal year ended March 31, 2025, with estimates subject to change[5]. - The company is finalizing its financial results, and the preliminary unaudited results may vary from the final results[6]. - The estimated preliminary financial information has not been audited or reviewed by the independent accounting firm, Macias Gini & O'Connell LLP[8]. - The financial closing procedures for the fiscal year are not yet complete, indicating potential adjustments to the reported figures[6]. Non-GAAP Measures - The press release includes EBITDA as a non-GAAP financial measure, which management believes provides important insights into ongoing business performance[7]. - The company does not intend for non-GAAP measures to be considered in isolation from GAAP measures[7]. Compliance and Classification - The company emphasizes that the preliminary results should not be viewed as a substitute for full financial statements prepared in accordance with GAAP[6]. - The company is not classified as an emerging growth company under the Securities Act[4]. - The information provided is not deemed "filed" under the Securities Exchange Act of 1934[9]. Press Release Details - The press release is dated April 7, 2025, and is attached as Exhibit 99.1[11].
LVO Reports Preliminary FY25 Results, Growth in Users and Efficiency
ZACKS· 2025-04-09 13:55
Core Insights - LiveOne, Inc. (LVO) reported preliminary financial results for the fiscal year ending March 31, 2025, with Audio Division revenues exceeding $108 million and adjusted EBITDA surpassing $16 million [1] - The performance aligns with LVO's guidance, reinforcing its competitive position in the digital audio and entertainment sector [2] Financial Performance - For fiscal 2025, LVO reported revenues of over $112 million, consistent with its earlier guidance of $112 million to $120 million [3] - The total user base, including subscribers and ad-supported users, reached 1.45 million, indicating strong audience engagement [3] Debt Management - The company extinguished over $7 million in liabilities, including a full repayment of a $4.1 million credit line [4] - LVO successfully reclassified $5 million in payables as long-term liabilities [4] Cost Management and Investments - LiveOne achieved $40 million in annualized cost reductions since December 2024, enhancing operational efficiency [5] - The company acquired 1.47 million shares of PodcastOne at an average price of $2.22 per share, including 550,000 shares purchased in Q4 of fiscal 2025 [5] Business Development - LVO achieved over 50% car conversion rates in integrations and closed more than five major B2B deals, contributing $44 million in new revenues [6] - The company is focusing on expanding B2B deals and has established significant new agreements with potential partnerships in the pipeline [6] Market Position - LVO currently holds a Zacks Rank 3 (Hold) and has seen its shares decline by 15% over the past six months, contrasting with the 11.4% growth of the Zacks Audio Video Production industry [7]