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 (LVO) announced plans to spin out its subsidiary PodcastOne into a separate public company, with a special dividend to LiveOne shareholders set for January 15, 2023. The company is also exploring the potential spin-out of SlackerOne during its 2024 fiscal year. This strategic move aims to enhance shareholder value and streamline operations. LiveOne boasts a membership base of 2.6 million and significant podcasting capabilities, generating over 2.48 billion downloads annually.
LiveOne (NASDAQ: LVO) will present at two upcoming virtual investor conferences: the Ladenburg Thalmann Virtual Technology Expo on December 7, 2022, at 11:00 AM ET and the Sequire Virtual Small Cap Conference on December 8, 2022, at 6:30 PM ET. CEO Robert Ellin will lead the presentations. Investors can register to view the live events and request one-on-one meetings with management. LiveOne is a creator-first entertainment platform with 2.6 million members and a diverse content library, recently recognized with awards for its live events.
LiveOne partnered with eBay to host the exclusive eBay Top Star VIP event on November 19, 2022, in Long Beach, CA. This red carpet event merged sneakers, pop culture, and music, attracting over 500 guests including celebrity sneakerheads and influencers. LiveOne's Chelsea Briggs and eBay's JR Wideman provided behind-the-scenes access. The event featured performances by Jeremih and others, creating unique experiences for attendees and highlighting eBay's invite-only loyalty program. LiveOne aims to enhance its connection with the sneaker culture through this strategic collaboration.
LiveOne announces a multi-fight partnership with MetaVerseBooks and Global Titans, featuring Floyd Mayweather's first boxing match in the metaverse. The initial event will take place in Dubai on November 13, 2022, showcasing Mayweather vs. Deji at the Coca Cola Arena. The event will be accessible through the MVB Worlds metaverse platform at a ticket price of $14.99. LiveOne aims to leverage its extensive fan database to market the event and future shows, enhancing its reach within the entertainment industry.
LiveOne (Nasdaq: LVO) reported Q2 Fiscal 2023 results, revealing revenue of $23.5 million, up from $21.9 million year-over-year. Total revenue for the first half reached $46.8 million and Adjusted EBITDA was $6.4 million, a significant increase from a year ago. However, the company posted a net loss of $2.1 million. LiveOne updated its Fiscal 2023 guidance, forecasting revenue between $100 million and $110 million and Adjusted EBITDA between $9 million and $11.5 million. Additionally, the company plans a stock repurchase of up to $2 million to enhance shareholder value.
LiveOne (NASDAQ: LVO) announced the premiere of its new podcast It’s Not Only Football: Friday Night Lights and Beyond on
LiveOne (NASDAQ: LVO) will announce its Q2 operating and financial results on November 10, 2022, after market close. The company will host a conference call at 5:00 PM ET to discuss its performance. As of September 30, 2022, LiveOne reported a membership base of 2.55 million and offers a vast library of content, including 30 million songs and hundreds of podcasts. The company focuses on delivering premium music and entertainment experiences and aims to enhance shareholder value despite various market uncertainties.
LiveOne (NASDAQ: LVO) has announced a special dividend of 5% to 10% of PodcastOne's common stock as part of its planned spin-out. The record date for shareholders eligible to receive this dividend is set for December 22, 2022. PodcastOne recently raised
LiveOne (NASDAQ: LVO) anticipates Q2 Fiscal 2023 revenue exceeding
LiveOne (Nasdaq: LVO) plans to pre-announce preliminary unaudited financial results for its second fiscal quarter ended September 30, 2022, before the market opens on Tuesday, October 25, 2022. The company offers a music, entertainment, and technology platform, featuring a paid and ad-supported membership base of 2.5 million, a library of 30 million songs, and over 300 podcasts. LiveOne's subsidiaries include Slacker Radio and PodcastOne, which generate over 2.1 billion downloads per year.