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LiveOne (NASDAQ: LVO) and KYLE Launch and Live Stream his New Album

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LiveOne (NASDAQ: LVO) announces the launch and live streaming of rapper KYLE's new album 'LVL 1: At Least It Was Fun', executive produced by its subsidiary Splitmind. The album showcases LVO's growth pillars: streaming, music publishing, music production, and celebrity products. Splitmind, a music collective with over 2B streams and 300% YOY revenue growth, collaborated with Grammy-winning producer Steven Shaeffer on this project. LiveOne's streaming platform has reached 200+ million viewers with 5 billion engagements across 220 countries. The company recently entered the $100B coffee market through Smyle Coffee acquisition in partnership with KYLE.

LiveOne (NASDAQ: LVO) annuncia il lancio e la diretta streaming del nuovo album del rapper KYLE 'LVL 1: At Least It Was Fun', prodotto esecutivamente dalla sua controllata Splitmind. L'album mostra i pilastri di crescita di LVO: streaming, pubblicazione musicale, produzione musicale e prodotti di celebrità. Splitmind, un collettivo musicale con oltre 2 miliardi di stream e una crescita del fatturato del 300% anno su anno, ha collaborato con il produttore vincitore di un Grammy Steven Shaeffer per questo progetto. La piattaforma di streaming di LiveOne ha raggiunto oltre 200 milioni di spettatori con 5 miliardi di interazioni in 220 paesi. L'azienda è recentemente entrata nel mercato del caffè da 100 miliardi di dollari attraverso l'acquisizione di Smyle Coffee in partnership con KYLE.

LiveOne (NASDAQ: LVO) anuncia el lanzamiento y la transmisión en vivo del nuevo álbum del rapero KYLE 'LVL 1: At Least It Was Fun', producido ejecutivamente por su subsidiaria Splitmind. El álbum muestra los pilares de crecimiento de LVO: streaming, publicación musical, producción musical y productos de celebridades. Splitmind, un colectivo musical con más de 2 mil millones de reproducciones y un crecimiento de ingresos del 300% interanual, colaboró con el productor ganador de un Grammy Steven Shaeffer en este proyecto. La plataforma de streaming de LiveOne ha alcanzado más de 200 millones de espectadores con 5 mil millones de interacciones en 220 países. La empresa recientemente entró en el mercado del café de 100 mil millones de dólares a través de la adquisición de Smyle Coffee en asociación con KYLE.

라이브원 (NASDAQ: LVO)는 래퍼 KYLE의 새로운 앨범 'LVL 1: At Least It Was Fun'의 출시 및 생중계를 발표했습니다. 이 앨범은 그 자회사 스플릿마인드가 총괄 제작했습니다. 이 앨범은 LVO의 성장 핵심인 스트리밍, 음악 출판, 음악 제작 및 유명인 제품을 보여줍니다. 스플릿마인드는 20억 회 이상의 스트리밍과 300%의 연간 수익 성장률을 기록한 음악 집단으로, 이 프로젝트에 그램미 수상 프로듀서 스티븐 셰퍼와 협력했습니다. 라이브원의 스트리밍 플랫폼은 220개국에서 50억 번의 관여를 통해 2억 명 이상의 시청자에게 도달했습니다. 이 회사는 최근 KYLE과 협력하여 Smyle Coffee 인수를 통해 1천억 달러 규모의 커피 시장에 진입했습니다.

LiveOne (NASDAQ: LVO) annonce le lancement et le streaming en direct du nouvel album du rappeur KYLE 'LVL 1: At Least It Was Fun', produit exécutivement par sa filiale Splitmind. L'album met en avant les piliers de croissance de LVO : streaming, publication musicale, production musicale et produits de célébrités. Splitmind, un collectif musical avec plus de 2 milliards de streams et une croissance de revenus de 300 % d'une année sur l'autre, a collaboré avec le producteur lauréat d'un Grammy, Steven Shaeffer, sur ce projet. La plateforme de streaming de LiveOne a atteint plus de 200 millions de téléspectateurs avec 5 milliards d'engagements dans 220 pays. L'entreprise est récemment entrée sur le marché du café de 100 milliards de dollars grâce à l'acquisition de Smyle Coffee en partenariat avec KYLE.

LiveOne (NASDAQ: LVO) gibt die Veröffentlichung und den Live-Stream des neuen Albums des Rappers KYLE 'LVL 1: At Least It Was Fun' bekannt, das von seiner Tochtergesellschaft Splitmind produziert wurde. Das Album zeigt die Wachstumssäulen von LVO: Streaming, Musikverlag, Musikproduktion und Promi-Produkte. Splitmind, ein Musik-Kollektiv mit über 2 Milliarden Streams und einem jährlichen Umsatzwachstum von 300%, arbeitete bei diesem Projekt mit dem Grammy-prämierten Produzenten Steven Shaeffer zusammen. Die Streaming-Plattform von LiveOne hat über 200 Millionen Zuschauer mit 5 Milliarden Interaktionen in 220 Ländern erreicht. Das Unternehmen ist kürzlich in den 100-Milliarden-Dollar-Kaffeebereich durch die Akquisition von Smyle Coffee in Partnerschaft mit KYLE eingetreten.

Positive
  • Splitmind subsidiary reports 300% year-over-year revenue growth
  • Platform reaches over 200M viewers with 5B engagements across 220 countries
  • Splitmind's catalog includes 40,000 copyrights and 2B streams
  • Strategic expansion into $100B coffee market through Smyle Coffee acquisition
Negative
  • None.

Insights

This album launch showcases LiveOne's evolving business model and strategic expansion across multiple revenue streams. The collaboration with KYLE demonstrates four key growth pillars: streaming, music publishing, production and celebrity products. The Splitmind subsidiary's 300% YoY revenue growth and impressive 2 billion streams across major label releases indicate strong momentum in the music production segment.

The company's entry into the $100B coffee market through Smyle Coffee acquisition reveals diversification beyond pure entertainment. LiveOne's streaming metrics are substantial with 200+ million viewers and 5 billion fan engagements across 220 countries, suggesting robust platform scalability. The strategic integration of Splitmind's 40,000 copyrights strengthens the company's intellectual property portfolio and recurring revenue potential.

Event to Showcase 4 Pillars of Growth for LVO: Streaming, Music Publishing, Music Production and Celebrity Products

  • LiveOne Subsidiary Splitmind Executive Produced the Album
  • LiveOne Entered $100B Coffee Market Acquiring Smyle Coffee in Partnership with KYLE in 2024
  • Music Fans Can Live Stream “LVL 1: At Least It Was Fun” Album Listening Party on Thursday, November 7th at 10pm PT on LiveOne.com

KYLE has 4.5M Monthly Spotify Listeners, 6+M Social Media Followers

Splitmind Music Collective has Over 2B Streams across 100+ Major Label Releases and Increased Revenues 300% YOY

LiveOne is Dominating Live Streaming with Impressive Milestones:

  • 200+ Million Viewers Reached
  • 5 Billion Engagements with Fans Across 220 Countries
  • Streamed Over 360 Events

LiveOne has Streamed 3200 Artists, including:

  • Taylor Swift
  • Adele
  • Justin Beiber
  • Bruce Springsteen
  • Drake
  • Post Malone
  • Olivia Rodrigo

LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- LiveOne Brands, a division of LiveOne, Inc. (NASDAQ: LVO), a leader in the entertainment landscape, is thrilled to announce its subsidiary Splitmind has executive produced rapper KYLE’s new album “LVL 1: At Least It Was Fun.” Executive produced by Steven Shaeffer & KYLE, the project is a collaborative effort between Grammy Winning Producer Steven Shaeffer and Global Billboard charting artist KYLE. The album releases on November 8th, 2024.

About LiveOne, Inc.

LiveOne, Inc. is an award-winning, creator-first, music, entertainment, and technology platform delivering premium experiences and content worldwide. With subsidiaries like Slacker Radio and PodcastOne, LiveOne has garnered accolades for its innovative approach, including the Best Live Moment award by Digiday for the "Social Gloves" PPV Event.

About KYLE

Kyle Thomas Harvey, known mononymously as Kyle and SuperDuperKyle, is an American rapper, singer, songwriter, and actor from Ventura, California. He is best known for his 2016 breakout single "iSpy", which peaked at number 4 on the Billboard Hot 100. He has 5 million monthly listeners on Spotify, 2 million+ subscribers on Youtube and 1.8M Instagram Followers, 1.5M followers on TikTok.

About Splitmind

Founded by Aidan “Halfway” Crotinger in 2020, Splitmind is a Los Angeles-based music collective of producers and writers from all over the world, including Grammy-winning, multi-platinum producer Jakik. Splitmind’s catalog includes 40,000 copyrights and 2 billion streams. Splitmind provides an infrastructure that allows creatives to share sounds while retaining their royalties - paving the path to give producers long-term ownership of their copyrights. Splitmind is a majority-owned subsidiary of LiveOne (NASDAQ: LVO) and was acquired by LiveOne in 2023.

For media inquiries, please contact:

LiveOne IR Contact :
Liviakis Financial Communications, Inc.
(415) 389-4670
john@liviakis.com

LiveOne Press Contact :
LiveOne
press@liveone.com

Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and Twitter at @liveone.


FAQ

When will KYLE's new album 'LVL 1: At Least It Was Fun' be released on LiveOne (LVO)?

The album will be released on November 8th, 2024, with a live streaming listening party on November 7th at 10pm PT on LiveOne.com.

How many streams has LiveOne's (LVO) subsidiary Splitmind achieved?

Splitmind has achieved over 2 billion streams across 100+ major label releases.

What are LiveOne's (LVO) four pillars of growth announced with KYLE's album launch?

LiveOne's four pillars of growth are streaming, music publishing, music production, and celebrity products.

What is LiveOne's (LVO) reach in terms of viewer engagement?

LiveOne has reached over 200 million viewers with 5 billion engagements across 220 countries.

LiveOne, Inc.

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