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LiveOne (Nasdaq: LVO) Announces Preliminary Fiscal 2025 Results, Including Revenues of $112M+
Globenewswire· 2025-04-07 14:17
Audio Revenue of $108M+ and Adjusted EBITDA* of $16M+Subscribers and ad-supported users exceeded 1.45MExtinguished $7M+ of liabilities, including paying off $4.1M of East West Bank credit lineExtended $5M payables to long-term liabilitiesExpanded restructuring efforts, cutting $40M in annualized costs since December 2024Acquired 1.47M PodcastOne (Nasdaq: PODC) shares at average price of $2.22 since March 2024, including 550K shares in Q4 Fiscal 2025 LOS ANGELES, April 07, 2025 (GLOBE NEWSWIRE) -- LiveOne (N ...
LiveOne's (NASDAQ: LVO) Reaches Milestone 1.4 Million Subscribers and Ad-Supported Users
Globenewswire· 2025-03-26 12:00
Advertising Pilot Program Attracts Top Brands: Progressive, Toyota, Tide, Home Depot, and Downy, etc.LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has exceeded 1.4 million subscribers and ad-supported users, fueled by its Tesla partnership. LiveOne's advertising pilot program has attracted top brands, showcasing the platform's effectiveness. "We're thrilled to reach this milestone ...
LiveOne's (NASDAQ: LVO) Reaches Milestone 1.4 Million Subscribers and Ad-Supported Users
Newsfilter· 2025-03-26 12:00
LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ:LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has exceeded 1.4 million subscribers and ad-supported users, fueled by its Tesla partnership. LiveOne's advertising pilot program has attracted top brands, showcasing the platform's effectiveness. "We're thrilled to reach this milestone," said Robert Ellin, Chairman and CEO of LiveOne. About LiveOneHeadquartered in Los Angeles, CA, Live ...
LiveOne (NASDAQ: LVO) Exceeds 1.3M Subscribers and Ad-Supported Users, Including Tesla
Newsfilter· 2025-03-20 12:00
Core Insights - LiveOne has achieved a significant milestone by surpassing 1.3 million subscribers and ad-supported users, reflecting a 130% increase since January 1, 2025 [1] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, focusing on delivering premium experiences and content globally through memberships and live and virtual events [2] - 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, Apple TV, Spotify, and others [2] Revenue Drivers - The company has unveiled multi-tier revenue drivers that leverage a 12-person sales team, partnerships with DAX and Tesla, and AI marketing strategies to convert users to paid subscribers [1]
LiveOne (LVO) Adds Emmy-Winning Series "Before The Fame" to Slate of Original IP
GlobeNewswire News Room· 2025-03-19 14:57
Core Insights - LiveOne has announced the addition of the Emmy-winning documentary series "Before the Fame" to its original content lineup, which focuses on the early lives of iconic figures in sports, music, and entertainment [1] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, delivering premium experiences and content globally through memberships and live and virtual events [2] - 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, Apple TV, Spotify, Samsung, Amazon Fire, and Android TV [2] Content Strategy - The addition of "Before the Fame" reflects LiveOne's strategy to enhance its original content offerings, aiming to attract viewers by providing intimate narratives of renowned personalities [1][5]
LiveOne (LVO) Adds Emmy-Winning Series "Before The Fame" to Slate of Original IP
Newsfilter· 2025-03-19 14:57
Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, focused on delivering premium experiences and content worldwide through memberships and live and virtual events [2] - The company operates several subsidiaries, including 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, Samsung, Amazon Fire, Android TV, and STIRR's OTT applications [2] Recent Developments - LiveOne announced the addition of the Emmy-winning documentary series "Before the Fame" to its original IP slate, which aims to provide viewers with an intimate journey through the early days of iconic figures in sports, music, and entertainment [1][5] - Robert Ellin, Chairman and CEO of LiveOne, expressed excitement about this addition, indicating that it will resonate well with viewers [1]
LiveOne (Nasdaq: LVO) to Participate in the 37th Annual ROTH Conference
Globenewswire· 2025-03-13 12:00
Core Points - LiveOne will host a VIP shareholder update on March 17, 2025, at the Montage Hotel Laguna Beach [1] - The company will participate in the 37th Annual ROTH Conference from March 16-18, 2025, at the Laguna Cliffs Marriott Resort & Spa [1][2] - CEO Robert Ellin will be available for one-on-one investor meetings during the conference [2] - LiveOne aims to share its vision and strategy with shareholders and the investment community [2] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform [3] - The company focuses on delivering premium experiences and content worldwide through memberships and live and virtual events [3] - LiveOne's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind [3] - The platform is accessible on various devices including iOS, Android, Roku, Apple TV, Spotify, and Amazon Fire [3] Financial Insights - The company plans to provide updates on its revenue model, M&A strategy, and B2B partnerships [5] - LiveOne is restructuring its balance sheet with expected cost savings of over $30 million [5] - The company has acquired 400,000 additional shares and intends to acquire 450,000 shares of PodcastOne [5]
LiveOne (NASDAQ: LVO) Reaches Milestone: 1.15 Million Subscribers and Ad-Supported Users, Including Tesla
GlobeNewswire News Room· 2025-03-12 12:00
Company Overview - LiveOne, headquartered in Los Angeles, CA, is a creator-first music, entertainment, and technology platform that focuses on delivering premium experiences and content worldwide through memberships and live and virtual events [2] Key Metrics - LiveOne has surpassed 1.15 million subscribers and ad-supported users, indicating significant growth in its user base [1] - The company has experienced a 120% increase in its user metrics since January 1, 2025 [1] - Daily listening among Tesla owners averages 50 minutes, with 1 million Tesla owners converted to the platform [1] Marketing and Growth Strategy - AI-driven marketing efforts are playing a crucial role in driving user conversion and expanding the database [1]
LiveOne (Nasdaq: LVO) Surpasses 1 Million Subscribers, Including Tesla
Globenewswire· 2025-02-28 12:00
Core Insights - LiveOne has surpassed 1,000,000 subscribers and is experiencing growth in its B2B partnership pipeline, targeting a total addressable market (TAM) exceeding $13 billion [1][2] - The company has reported a 100%+ increase in combined paid and ad-supported subscribers since January 1 [5] - LiveOne has converted over 900,000 Tesla vehicles, representing more than 45% of the total [5] - There is a month-over-month increase of over 30% in listening on Telly [5] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform [2] - The company offers premium experiences and content through memberships and live and virtual events, with subsidiaries including Slacker, PodcastOne, and LiveXLive [2] - LiveOne's services are accessible on various platforms, including iOS, Android, Roku, and Spotify [2]
LiveOne (Nasdaq: LVO) and PodcastOne (Nasdaq: PODC) Promote Ryan Carhart to Chief Financial Officer
GlobeNewswire News Room· 2025-02-25 13:00
Core Insights - LiveOne has promoted Ryan Carhart to Chief Financial Officer, effective February 19, 2025, highlighting his strong financial discipline and relationships with analysts and bankers [1] - The company anticipates an additional $13 million in cost savings due to immediate actions taken by the new CFO, aiming for total cash savings exceeding $23 million [1] - LiveOne has successfully paid down $3.7 million of its $7 million loan from East West Bank and is in the process of refinancing the remaining debt to secure growth capital [1] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, with a focus on delivering premium experiences through memberships and events [2] - The company's subsidiaries include PodcastOne, Slacker, LiveXLive, and others, and it operates across various platforms including iOS, Android, and Roku [2] PodcastOne Insights - PodcastOne is a leading podcast platform with over 3.9 billion total downloads and a community of 200 top podcasters [3] - The platform has built a distribution network that reaches over 1 billion monthly impressions across channels like YouTube and Spotify [3]