LiveOne (Nasdaq: LVO) Deployed Claude and other Proprietary AI Initiatives to Slash an Additional $5M+ of Costs Since December
LiveOneLiveOne(US:LVO) Globenewswire·2026-02-25 13:00

Reduced headcount from 350 to 84, including 12+% this quarterEliminated ~$14M in liabilities, repaying $3M of debt and converting $11M+ into equity at $7.50 per share, aligning musicians, podcasters, and key talent as major shareholders while strengthening the balance sheet LOS ANGELES, Feb. 25, 2026 (GLOBE NEWSWIRE) -- LiveOne, Inc. (Nasdaq: LVO), a creator-first music, entertainment and technology platform, today announced continued execution of its strategic cost-reduction initiatives expected to strengt ...