Welcome to our dedicated page for Liveone news (Ticker: LVO), a resource for investors and traders seeking the latest updates and insights on Liveone stock.
LiveOne, Inc. (NASDAQ: LVO) is a music, entertainment, and technology platform that regularly issues news about its operations, partnerships, and capital markets activity. Headquartered in Los Angeles, California, the company describes itself as creator-first and focuses on premium content delivered through memberships, livestreams, digital media, and live and virtual events.
News about LiveOne often highlights developments across its subsidiaries, including Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. Coverage includes updates on audio streaming performance, podcast-related activity, and initiatives that connect artists, creators, and audiences through online and in-person experiences.
Investors and followers of LVO can expect frequent announcements on B2B partnerships with organizations in sectors such as carriers, retail, consumer electronics, entertainment, automotive, and hospitality. Recent press releases have discussed multi-year alliances, expanded advertising relationships, and a growing B2B pipeline with more than 100 partnerships, as well as contracted revenues from major deals. The company also reports on subscriber metrics, such as total members and ad-supported users, including those reached via automotive partners like Tesla.
LiveOne’s news flow also covers financial results and corporate actions, including quarterly earnings, segment performance in its Audio Division, stock repurchase activity, reverse stock split implementation, and updates on Nasdaq listing compliance. In addition, LiveOne issues releases about strategic initiatives such as AI-driven marketing collaborations, digital asset treasury strategy steps, and planned geographic expansion through ventures like LiveOneAfrica.
Beyond financial and strategic updates, LiveOne publishes announcements about livestreamed events and collaborations, including charity and awareness campaigns. For readers tracking LVO, this news stream provides insight into how the company manages its platform, partnerships, subscribers, and capital structure over time.
LiveOne (NASDAQ: LVO) announced the launch of a new podcast, When Reality Hits, hosted by reality stars Jax Taylor and Brittany Cartwright, set to debut on March 28, 2023. The podcast will delve into their lives post-reality television, discussing topics like parenthood and relationships. This addition aims to enhance PodcastOne's diverse portfolio, which boasts 2.48 billion downloads annually and a roster of popular shows. The initiative reflects LiveOne's commitment to growing audiences and improving engagement across streaming platforms.
LiveOne (Nasdaq: LVO) reports significant growth with an increase of 136,000 paid subscribers since January 1, 2023, marking a 40% year-over-year rise and surpassing 2 million total members. The company has a robust cash position of $10 million and $27 million in short-term assets, supporting its growth strategies. LiveOne has initiated a $2 million stock buyback and announced an extension of the record date for a special dividend related to its PodcastOne spin-out, expected to commence in April.
LiveOne (NASDAQ: LVO) has announced that its music and pop-culture news show, LiveZone Daily, has joined Snapchat as a Discover Partner, targeting its 363 million daily active users. The show has recently gained 20 million views and 1.5 million engagements on TikTok in just 60 days, showcasing its rapid growth. Since its launch in 2018, LiveZone has amassed over 117 million views and garnered significant attention through exclusive interviews with top artists. LiveOne indicated excitement over expanding its reach through Snapchat, aiming to attract a younger audience seeking entertainment news.
LiveOne (NASDAQ: LVO) announced a partnership with Seekr, an AI-driven content scoring platform, to enhance brand suitability for advertisers on PodcastOne. This collaboration aims to leverage Seekr's machine learning technology, which uses natural language processing to evaluate content for safety and reliability, providing advertisers with confidence in their ad placements. PodcastOne boasts nearly 2.5 billion downloads, and this partnership is expected to solidify its market position as a leader in innovative audio advertising solutions. The integration of Seekr’s technology will also allow real-time content evaluation for existing podcast business partners.
LiveOne (Nasdaq: LVO) announced significant growth in its paid memberships, surging by over 587,000 in the last year and 100,000 in just two months in 2023, reaching a record total of 2.85 million members. The company attributes this expansion to partnerships with brands like Tesla, which includes a membership to LiveOne's Slacker Radio with new EV purchases. LiveOne also reported 2.3 billion podcast downloads annually and over 14 million unique monthly listeners. However, they currently do not recognize revenue from members involved in a contractual dispute. CEO Rob Ellin emphasizes the strategy of forming further partnerships to enhance content delivery.
LiveOne (NASDAQ: LVO), a leading music and entertainment platform, will participate in the 35th Annual Roth Conference on March 13-14, 2023, at The Ritz Carlton, Laguna Niguel, California. CEO Robert Ellin will hold one-on-one investor meetings throughout the event. LiveOne specializes in creator-first content delivery and has subsidiaries like Slacker Radio and PodcastOne, achieving over 2.3 billion downloads annually and a membership base of approximately 2.8 million. The company was recognized with awards for excellence in live events and its innovative partnerships, including offering memberships with new Tesla EVs.
LiveOne (NASDAQ: LVO) has renewed partnerships with top podcasts including The Adam Carolla Podcast, The Jordan Harbinger Show, and LADYGANG. These programs have collectively achieved over 1 billion downloads, showcasing their popularity. LiveOne's initiative aims to maintain strong relationships with its podcast partners, ensuring continued engagement in the growing digital audio space. The company boasts a library of over 30 million songs and has a membership base of approximately 2.8 million, emphasizing its leading position in the podcast and entertainment market.
LiveOne (NASDAQ: LVO) announced its subsidiary DayOne Music Publishing's acquisition of a majority interest in Splitmind, a renowned music collective, on February 28, 2023. This strategic move adds 40,000 copyrights and approximately 2 billion streams to LiveOne's catalog, including works from prominent artists like Drake and Chris Brown. The collaboration is expected to enhance LiveOne's market positioning, offering new revenue streams for creatives through Drumify, an innovative platform for sound sharing. LiveOne aims to leverage these assets to expand its user base and solidify its role in the music entertainment industry.
LiveOne has extended the record date to March 10, 2023 for a special dividend consisting of 5% to 10% of PodcastOne’s common stock to its 15,000+ shareholders. The move is part of the planned spin-out of PodcastOne, which is expected to start trading on a national exchange by March 31, 2023. An independent valuation by ValueScope estimates PodcastOne’s equity value at $230 million to $274 million as of December 31, 2022. The actual payment date of the special dividend will be determined after SEC approval of the registration statement. The spin-out and dividend are subject to regulatory conditions.
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