LiveOne (Nasdaq: LVO) Announces 244th Edition of LiveOne Presents as Streaming Partner for “The Game of Legends” from Culture by Futbol

Rhea-AI Summary

LiveOne (NASDAQ: LVO) has announced its partnership as the streaming partner for “The Game of Legends,” a celebrity soccer event featuring Ronaldinho and Kaka, set to take place on June 16, 2024, at Toyota Arena in Ontario, CA.

The event will also feature halftime performances by multi-platinum rapper KYLE. LiveOne has achieved significant milestones, reaching over 200 million viewers and 5 billion fan engagements across 220 countries.

The company has a history of successful Pay-Per-View (PPV) events, including performances by major celebrities like Wiz Khalifa, Monsta X, Pitbull, and Floyd Mayweather boxing matches. LiveOne continues to dominate live streaming in the music and entertainment industry.

Positive

• Partnership with high-profile soccer legends Ronaldinho and Kaka increases visibility.
• Event set for June 16, 2024, providing a clear timeline for investors.
• Expected global appeal due to diverse talent lineup, including music and comedy stars.
• LiveOne achieved 200+ million viewers and 5 billion engagements across 220 countries, indicating strong reach.
• History of successful PPV events featuring major celebrities boosts credibility.
• Halftime performance by multi-platinum rapper KYLE adds to the event's appeal.
• LiveOne's innovative approach has won it industry accolades, including the Best Live Moment award by Digiday.

Negative

• No concrete financial data provided in the PR to gauge immediate fiscal impact.
• Event success heavily reliant on celebrity appeal, which can be unpredictable.
• Operational costs of hosting and streaming a large-scale event may be high, impacting short-term profitability.

Soccer Legends Ronaldinho and Kaka to Electrify Toyota Arena in Groundbreaking MASL Celebrity Match with KidSuper & MoAliFC

LiveOne Partner and Multi-Platinum Rapper KYLE will Perform at Halftime

LiveOne Continues to Dominate Live Streaming with Impressive Milestones:

• 200+ Million Viewers Reached
• 5 Billion Engagements with Fans Across 220 Countries

Highlighted PPV Events:

• Wiz Khalifa, Monsta X, Pitbull
• Social Gloves
• Floyd Mayweather vs. Logan Paul
• Floyd Mayweather vs. Deji
• Ice Wars III: Outlaw Enforcers
• Showstar UK vs USA: Deji vs. Wassabi
• Global Legion FC 15
• Ballerfest
• Rock in Rio
• Electric Daisy Carnival

LiveStream Here: https://www.liveone.com/live-events/event/game-of-legends

LOS ANGELES, June 14, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning creator-first music, entertainment, and technology platform, announced today that it will be a streaming partner for “The Game of Legends”, an unparalleled celebrity soccer tournament featuring Ronaldinho and Kaka, two of the greatest soccer legends to ever play the game.

Fueling the rivalry, KidSuper FC and Culture By MoAliFC vie to assemble the ultimate team of legends, promising not only a clash of soccer titans like Ronaldinho and Kaka but also featuring personalities from comedy, boxing, skating, music, magic, fashion, including Marcel Hernàndez, Kinsey Wolanski, SeanDoesMagic and Leticia Bufoni. This curated mix of talent underlines the event’s broad appeal and its potential to trend globally.

The groundbreaking event will take place on June 16, 2024 in Ontario, CA and will be streamed at https://www.liveone.com/live-events/event/game-of-legends

About LiveOne, Inc

LiveOne, Inc. is an award-winning, creator-hi 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.

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,” “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, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, 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 members; 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; uncertain and unfavorable outcomes in legal proceedings; 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, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 29, 2023, Quarterly Report on Form 10-Q for the quarter year ended June 30, 2023, filed with the SEC on August 15, 2023, 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 obligation 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.

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

What is LiveOne's role in 'The Game of Legends'?

LiveOne is the streaming partner for 'The Game of Legends,' a celebrity soccer event featuring Ronaldinho and Kaka.

When will 'The Game of Legends' take place?

'The Game of Legends' will take place on June 16, 2024, at Toyota Arena in Ontario, CA.

Who are the main celebrities involved in 'The Game of Legends'?

The event features soccer legends Ronaldinho and Kaka, with additional performances by multi-platinum rapper KYLE.

What are LiveOne's recent milestones?

LiveOne has reached over 200 million viewers and achieved 5 billion fan engagements across 220 countries.

What types of events has LiveOne successfully streamed in the past?

LiveOne has successfully streamed events featuring Wiz Khalifa, Monsta X, Pitbull, and Floyd Mayweather boxing matches.