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 ...

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 ...

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 ...

- 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 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 ...

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, 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 ...

Group 1 - LiveOne has announced updates regarding its cash position and share repurchase program, including the repurchase of 4.3 million shares of PodcastOne (PODC) by the end of the week, reducing outstanding shares from 99 million to 94.7 million [1] - The company has a remaining budget of $6.3 million allocated for further share repurchases [1] - Since July 1st, LiveOne has repurchased an additional 153,000 shares of LVO and 224,000 shares of PODC [1] Group 2 - LiveOne is headquartered in Los Angeles and operates as a creator-first music, entertainment, and technology platform, offering premium experiences and content through memberships and events [2] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [2] - LiveOne's services are accessible on various platforms including iOS, Android, Roku, Apple TV, Spotify, and Amazon Fire [2]

Core Insights - LiveOne has entered a multi-year partnership with TextNow, allowing TextNow users to access a year of LiveOne's Plus service at a significant discount, which includes exclusive content programming [1][2][3] Group 1: Partnership Details - The partnership aims to enhance the value proposition for TextNow users by providing an ad-free streaming experience, high-definition audio, unlimited skips, and exclusive shows [2][3] - TextNow's Chief Growth Officer emphasized that this collaboration aligns with the company's mission to deliver innovative and affordable solutions to customers [3] Group 2: Strategic Expansion - LiveOne plans to expand its B2B team from 6 to 10 employees, indicating a strategic focus on growing its business partnerships [1] - LiveOne's CEO highlighted the opportunity to reach a broader audience through this partnership, enhancing the value of their Plus streaming service [3] Group 3: Company Background - TextNow is recognized for revolutionizing the wireless industry by offering affordable mobile services, allowing users to connect without the constraints of traditional carriers [4] - LiveOne is a leading streaming platform known for its diverse array of music, podcasts, and live events, providing an immersive entertainment experience [5]

Core Insights - LiveOne, Inc. has announced a strategic collaboration with Legible Inc. to enhance the value for Slacker Radio's 4 million members by providing access to exclusive audiobook content [1][2][3] Group 1: Partnership Details - The collaboration will allow Slacker Radio members to access a 'Book of the Month' audiobook for free, curated by Legible's experts, starting in August [2][4] - This initiative aims to blend music with storytelling, enriching the listening experience for members [2][3] Group 2: Member Benefits - Members will receive a full-length audiobook each month at no additional cost, enhancing their overall experience [4] - Exclusive previews of a wide selection of audiobooks will be available, allowing members to discover new authors and genres [4][5] Group 3: Strategic Implications - The partnership positions LiveOne as a pioneer in integrating music and audiobooks, which is expected to drive increased engagement and attract new members [6] - This collaboration aligns with LiveOne's broader strategy to enhance member engagement and retention through added value [3][6] Group 4: Company Background - LiveOne, Inc. is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, offering premium content through memberships and events [8] - Slacker Radio, owned by LiveOne, provides personalized music and entertainment streaming to millions of users [7][8] Group 5: Legible Inc. Overview - Legible Inc. specializes in eBooks and audiobooks, with a market opportunity exceeding billions of dollars, and has partnerships with major publishers [10] - The company is focused on reshaping the digital publishing landscape through innovative solutions and AI-powered enhancements [10]