LiveOne(LVO)
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LiveOne's (NASDAQ: LVO) Drumify Produces Lead Single for Wizkid's Album 'Morayo,' Achieving 100 Million Streams in First 48 hours, Adding to LVO's growing Publishing Catalog
GlobeNewswire News Room· 2024-11-26 15:37
"Morayo" Became the Highest Streamed Album Debut Ever for an African Artist Recent Releases from Splitmind Include Major Collaborations with GloRilla, Brent Faiyaz, KYLE, Russ, and Blxst Drumify Achieves Record Revenues for October Drumify to Launch First Generative A1 Platform for Beats and Sounds with Seekr and Intel Partnership LOS ANGELES, Nov. 26, 2024 (GLOBE NEWSWIRE) -- LiveOne, Inc. (NASDAQ: LVO), a leader in the entertainment landscape, is thrilled to announce its subsidiary Splitmind has executive ...
LiveOne (NASDAQ: LVO) and KYLE Launch and Live Stream his New Album
GlobeNewswire News Room· 2024-11-07 20:09
Event to Showcase 4 Pillars of Growth for LVO: Streaming, Music Publishing, Music Production and Celebrity Products LiveOne Subsidiary Splitmind Executive Produced the AlbumLiveOne Entered $100B Coffee Market Acquiring Smyle Coffee in Partnership with KYLE in 2024Music Fans Can Live Stream “LVL 1: At Least It Was Fun” Album Listening Party on Thursday, November 7th at 10pm PT on LiveOne.com KYLE has 4.5M Monthly Spotify Listeners, 6+M Social Media Followers Splitmind Music Collective has Over 2B Streams acr ...
LiveOne (LVO) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-11-07 15:25
LiveOne (LVO) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced a loss of $0.02, delivering no surprise.Over the last four quarters, the company has not been able to surpass co ...
PodcastOne to Attend Upcoming Investor Conferences
GlobeNewswire News Room· 2024-10-29 20:01
LOS ANGELES, Oct. 29, 2024 (GLOBE NEWSWIRE) -- PodcastOne (Nasdaq: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), has been invited to present at several upcoming investment conference, including the Think Equity Conference being held October 30, 2024, the Wall Street Conference being held November 12 – 14, 2024, and 13th Annual ROTH Technology Conference being held November 19-20, 2024. Kit Gray, Co-founder and President of PodcastOne, and Rob Ellin are scheduled to host one-on ...
LVO Amends TSLA Partnership: Can Streaming Upgrade Boost the Stock?
ZACKS· 2024-10-07 14:35
LiveOne, Inc. (LVO) recently announced an updated partnership with Tesla, Inc. (TSLA) . As part of this agreement, which was inked at the beginning of this month, Tesla has permanently replaced its streaming button with LiveOne's service, marking a significant shift in the user experience for Tesla owners. In conjunction with this partnership, LiveOne is set to launch its LiveOne 2.0 platform, which will grant subscribers access to music across all devices. This development will benefit the current 1.9 mill ...
LiveOne (Nasdaq: LVO) Announces Renewed Partnership with Tesla Through May 2026
GlobeNewswire News Room· 2024-10-01 14:00
LOS ANGELES, Oct. 01, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), a leading digital media company, today announced an amended partnership with Tesla. Key Highlights: 1. Effective Oct 1, 2024: Tesla replaces streaming button with LiveOne's in perpetuity 2. LiveOne 2.0 launches, providing subscribers access to music on all devices 3. 1.9 million subscribers can convert to Premium/Plus services 4. Potential 3x increase in Average Revenue Per User (ARPU) 5. As of Dec 1, 2024, Tesla will no longer subsidize ...
LiveOne (NASDAQ: LVO) Brands Expands into California and Georgia's $47 Billion Wine Markets
GlobeNewswire News Room· 2024-09-24 10:00
- Expands distribution of "Birthday Sex" wine in collaboration with R&B star Jeremih - Enters into distribution partnerships with SOKO and Kelly Family Distributors LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO) Brands is proud to announce its Birthday Sex Wine will expand into the thriving wine markets of California and Georgia, collectively valued at $47 billion. This strategic move aligns with the company's commitment to diversity and inclusion in the beverage industry. As part of ...
LiveOne (Nasdaq: LVO) Launched Price Increases for Plus and Premium Membership Plans
GlobeNewswire News Room· 2024-09-06 12:00
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 a ...
LiveOne Expands Reach With Diverse Content: Will the Stock Gain?
ZACKS· 2024-09-04 15:00
Group 1: Company Developments - LiveOne, Inc. (LVO) has partnered with Kartoon Studios to launch three new music and video channels targeting various age groups, set to debut this fall [1][2][3] - The new channels include Baby Genius for children aged two to eight, Stan Lee Presents for kids and teens eight years and older, and Cartoon Hangover for teens aged 15 and older [2] - This collaboration aims to enhance LiveOne's mission of providing diverse and engaging content for kids and teens, showcasing both companies' commitment to high-quality entertainment [3] Group 2: Strategic Partnerships - LiveOne is actively pursuing collaborations to strengthen its position in the music and entertainment industry, including the launch of a new coffee brand, Smyle Coffee, in partnership with rapper KYLE, entering a $100 billion market [4] - In July 2024, LiveOne partnered with Seekr Technologies to create the first AI-driven search tool for beats and sounds, expected to be available for creators by the end of the calendar year [5] - A multi-year agreement with TextNow was announced in August 2024, providing a year of LiveOne's Plus service at a reduced rate with exclusive content for TextNow customers [5] Group 3: Financial Performance - In the last reported quarter, LiveOne's revenues increased by 19% year over year to $33.1 million, driven by the success of its Audio Division and new partnerships [6] - The company has secured four new major B2B partnerships and has 63 potential deals in the pipeline, including a $24 million partnership with a top streaming network generating approximately $2 million in monthly revenues [6] - Improving financial performance is anticipated to positively influence the stock trajectory in the long term [6] Group 4: Market Position - LiveOne is recognized as one of the leading streaming platforms, offering a wide range of music, podcasts, and live events, known for high-definition audio and exclusive content [7] - Currently, LVO holds a Zacks Rank of 3 (Hold), with shares declining by 9.7% over the past year, contrasting with a 9.2% growth in the sub-industry [8]
LiveOne (LVO) Inks Multi-Year B2B Agreement With TextNow
ZACKS· 2024-08-20 16:10
LiveOne, Inc. (LVO) has announced a multi-year agreement with TextNow, offering a full year of LiveOne's Plus service at a reduced rate, along with exclusive content tailored specifically for TextNow customers. Through this partnership, TextNow users can now access LiveOne Plus, featuring an ad-free experience with unlimited skips, high-definition audio and exclusive content. The announcement comes as TextNow celebrates surpassing 250 million downloads, marking a major milestone in its growth trajectory. As ...