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LiveOne (Nasdaq: LVO) Explores Strategic Options After $207M Napster Sale
LiveOneLiveOne(US:LVO) Globenewswireยท2025-04-30 14:15

Core Viewpoint - LiveOne is exploring strategic options following the $207 million sale of Napster, believing its current stock valuation does not reflect its intrinsic value [1][2]. Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, with subsidiaries including Slacker, PodcastOne, and others [3]. - The company focuses on delivering premium experiences and content through memberships and live and virtual events [3]. Financial Highlights - LiveOne's market capitalization is $72.1 million [5]. - Expected revenues for Fiscal Year 2025 are projected to exceed $112 million, with the audio division contributing over $108 million and an adjusted EBITDA of $16 million [5]. - The company has $6 million remaining in its share buyback program [5]. - LiveOne has over $50 million in B2B partnerships and is exploring inbound M&A opportunities for itself and its subsidiaries [5].