LiveOne Expands Pay-Per-View Lineup With Exclusive Live Concert From Platinum Selling Rapper G Herbo On November 24, 2021
LiveOne (Nasdaq: LVO) announced an exclusive livestream of G Herbo's pay-per-view concert on November 24, 2021, to celebrate his new album 25. The event will take place at his sold-out show in Chicago. Early bird tickets start at $9.99, with premium packages available, including a virtual meet-and-greet. The company, known for its platform offering a range of music content and events, aims to boost its subscriber base and expand its market presence through collaborations with artists like G Herbo.
- Exclusive livestream event expected to attract a broad audience.
- Partnership with G Herbo enhances brand visibility and relevance.
- Ticket sales combined with premium packages may boost revenue.
- Dependence on individual events for revenue growth raises concerns.
- Potential risks associated with the ongoing pandemic affecting live events.
LOS ANGELES, Nov. 16, 2021 /PRNewswire/ -- LiveOne (Nasdaq: LVO) ("LiveOne"), a global platform for livestream and on-demand audio, video, and podcast/vodcast content in music, comedy, and pop culture, and owner of LiveXLive, PodcastOne, Slacker Radio, React Presents, Gramophone Media, and Custom Personalization Solutions, announced today that it will exclusively livestream the pay-per-view ("PPV") concert for platinum rapper G Herbo to celebrate the release of his new album 25 on November 24th. The event will be livestreamed from G Herbo's sold out hometown show in Chicago.
After quietly grinding for years out of his native Chicago, G Herbo established himself as not only a platinum-selling, chart-topping phenomenon, but also as a staunch mental health advocate and proponent for change in the black community. Following a string of acclaimed projects, his critically celebrated third album PTSD bowed at #7 on the Billboard Top 200, received praise from Rolling Stone as "his most vulnerable album to date," and yielded one of the most important songs of 2020 - the platinum-certified title track "PTSD" (feat. Juice WRLD, Lil Uzi Vert, & Chance the Rapper). Additionally, he launched Swervin' Through Stress youth mental health program and renovated an old shuttered public elementary school into a community center in Chicago. G Herbo remains a motivating pillar in hip-hop culture.
"LiveOne is proud to team up with a modern voice in music as cutting-edge and honest as G Herbo," said Roe Williams, Global Head of Talent and Artist Partnerships of LiveOne. "The need for destigmatized conversations about mental health are as crucial as ever, and we are honored to bring the celebration of Herbo's success live from his hometown of Chicago and expand it worldwide."
Early bird ticket packages for Monster Energy Outbreak Tour Presents: G Herbo 25 are available starting at
LiveXLive's platform offers livestream concerts, festivals, music news, docu-reality series and interviews, as well as on-demand audio and audio playlists and vodcasts/podcasts. LiveXLive has powered global pay-per-view and livestream hits with some of the world's most renowned talent, including Billie Eilish, Billy Joel, Blake Shelton, BTS, Camila Cabello, Dua Lipa, Harry Styles, J Balvin, Jennifer Lopez, Kacey Musgraves, Kygo, Madonna, Monsta X, Paul McCartney, Pitbull, Taylor Swift, Wiz Khalifa, and Yungblud.
About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is a global talent-first, interactive music, sports, and entertainment subscription platform delivering premium content and livestreams from the world's top artists. The Company has streamed over 1,800 artists since January 2020, has a library featuring close to 30 million songs, 500 expertly curated radio stations, 235 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and has created a valuable connection between brands, fans, and bands. The Company's other major wholly-owned subsidiaries are LiveXLive, PPVOne, Slacker Radio, React Presents, Gramophone Media, Custom Personalization Solutions, and PodcastOne which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across a stable of hundreds of top podcasts. The combination of acquisitions and the expansion of products and franchises have secured LiveOne as a top-rated music, entertainment, and media services company. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, STIRR, Sling, and XUMO, in addition to its app, online website, and social channels. For more information, visit www.livexlive.com and follow us on Facebook, Instagram, TikTok, and Twitter at @livexlive.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "no target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing, acquisition, spin-out, distribution or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition, spin-out, distribution or transaction will not occur or whether any such event will enhance shareholder value; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid subscribers; the Company identifying, acquiring, securing and developing content; the Company's intent to repurchase shares of its common stock from time to time under its announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company's subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2021, filed with the U.S. Securities and Exchange Commission (the "SEC") on July 14, 2021, the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2021, filed with the SEC on August 16, 2021, the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2021, filed with the SEC on October 29, 2021, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
Press Contact:
LiveOne
aileen@livexlive.com
917.842.9653
aavidon@livexlive.com
516.522.1349
LiveOne IR Contact:
IR@liveone.com
310.601.2505
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SOURCE LiveOne, Inc.
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