STOCK TITAN

LiveOne (NASDAQ: LVO) Announces Total Memberships Surpass 3.9M

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

LiveOne (NASDAQ: LVO), a music, entertainment, and technology platform, has reported significant growth in its membership metrics for July 2024 and fiscal year 2025. Total memberships have surpassed 3.9 million, marking a 23% year-over-year increase. Notably, Tesla membership saw a 26% year-over-year growth. The company added over 225,000 new paid members in fiscal year 2025, with 64,000 joining in July 2024 alone.

LiveOne's B2B pipeline has expanded to 63 potential partnerships, including four signed agreements awaiting launch announcements. Brad Konkol, Head of Slacker Radio, expressed enthusiasm about the company's strategic vision and commitment to building strong B2B partnerships with customizable product offerings.

LiveOne (NASDAQ: LVO), una piattaforma di musica, intrattenimento e tecnologia, ha riportato una crescita significativa nei suoi metri di adesione per luglio 2024 e l'anno fiscale 2025. Le adesioni totali hanno superato 3,9 milioni, segnando un incremento del 23% rispetto all'anno precedente. In particolare, l'adesione a Tesla ha registrato una crescita del 26% rispetto all'anno precedente. L'azienda ha aggiunto oltre 225.000 nuovi membri a pagamento nell'anno fiscale 2025, con 64.000 iscritti solo a luglio 2024.

Il pipeline B2B di LiveOne è stato ampliato a 63 potenziali partnership, comprese quattro accordi firmati in attesa di annunci di lancio. Brad Konkol, Responsabile di Slacker Radio, ha espresso entusiasmo riguardo alla visione strategica dell'azienda e all'impegno nella creazione di solide partnership B2B con offerte di prodotti personalizzabili.

LiveOne (NASDAQ: LVO), una plataforma de música, entretenimiento y tecnología, ha reportado un crecimiento significativo en sus métricas de membresía para julio de 2024 y el año fiscal 2025. Las membresías totales han superado los 3.9 millones, marcando un aumento del 23% en comparación con el año anterior. Notablemente, la membresía de Tesla vio un crecimiento del 26% en comparación con el año anterior. La empresa agregó más de 225,000 nuevos miembros de pago en el año fiscal 2025, con 64,000 uniéndose solo en julio de 2024.

El pipeline B2B de LiveOne se ha expandido a 63 asociaciones potenciales, incluyendo cuatro acuerdos firmados que esperan anuncios de lanzamiento. Brad Konkol, Jefe de Slacker Radio, expresó entusiasmo por la visión estratégica de la empresa y su compromiso de construir sólidas asociaciones B2B con ofertas de productos personalizables.

LiveOne (NASDAQ: LVO), 음악, 엔터테인먼트 및 기술 플랫폼은 2024년 7월 및 2025 회계연도 회원 지표에서 상당한 성장을 보고했습니다. 총 회원 수는 390만 명을 초과했습니다, 이는 전년 대비 23% 증가한 수치입니다. 특히, 테슬라 회원 수는 전년 대비 26% 성장했습니다. 이 회사는 2025 회계연도에 225,000명 이상의 유료 회원을 추가했으며, 2024년 7월에만 64,000명이 가입했습니다.

LiveOne의 B2B 파이프라인은 63개의 잠재적 파트너십으로 확대되었으며, 여기에는 출시 발표를 기다리는 네 개의 서명된 계약이 포함되어 있습니다. Slacker Radio 책임자인 브래드 콘콜은 회사의 전략적 비전과 사용자 맞춤형 제품 제공으로 강력한 B2B 파트너십을 구축하겠다는 의지를 밝히며 열정을 표명했습니다.

LiveOne (NASDAQ: LVO), une plateforme de musique, de divertissement et de technologie, a signalé une croissance significative de ses indicateurs d'adhésion pour juillet 2024 et l'exercice fiscal 2025. Le nombre total d'adhésions a dépassé 3,9 millions, marquant une augmentation de 23 % par rapport à l'année précédente. Notamment, l'adhésion à Tesla a connu une croissance de 26 % par rapport à l'année précédente. L'entreprise a ajouté plus de 225 000 nouveaux membres payants au cours de l'exercice fiscal 2025, dont 64 000 rien qu'en juillet 2024.

Le pipeline B2B de LiveOne s'est élargi à 63 partenariats potentiels, dont quatre accords signés en attente d'annonces de lancement. Brad Konkol, responsable de Slacker Radio, a exprimé son enthousiasme pour la vision stratégique de l'entreprise et son engagement à établir de solides partenariats B2B avec des offres de produits personnalisables.

LiveOne (NASDAQ: LVO), eine Plattform für Musik, Unterhaltung und Technologie, hat im Juli 2024 und im Geschäftsjahr 2025 ein signifikantes Wachstum seiner Mitgliedszahlen berichtet. Die Gesamtmitgliedschaften haben 3,9 Millionen überschritten, was einem Anstieg von 23 % im Vergleich zum Vorjahr entspricht. Insbesondere wuchs die Tesla-Mitgliedschaft im Jahresvergleich um 26%. Das Unternehmen fügte im Geschäftsjahr 2025 über 225.000 neue zahlende Mitglieder hinzu, wobei allein im Juli 2024 64.000 beigetreten sind.

Die B2B-Pipeline von LiveOne wurde auf 63 potenzielle Partnerschaften erweitert, darunter vier unterzeichnete Vereinbarungen, die auf die Bekanntgabe der Markteinführungen warten. Brad Konkol, Leiter von Slacker Radio, äußerte Begeisterung über die strategische Vision des Unternehmens und das Engagement, starke B2B-Partnerschaften mit anpassbaren Produktangeboten aufzubauen.

Positive
  • Total memberships surpassed 3.9 million, growing 23% year-over-year
  • Tesla membership increased by 26% year-over-year
  • Added over 225,000 new paid members in Fiscal Year 2025
  • Gained 64,000 new paid members in July 2024
  • B2B pipeline expanded to 63 potential partnerships
  • Secured four signed B2B partnerships awaiting launch announcements
Negative
  • None.

Insights

LiveOne's membership growth is impressive, with total memberships surpassing 3.9 million and showing a 23% year-over-year increase. The Tesla Membership's 26% YoY growth is particularly noteworthy. The addition of over 225,000 new paid members in FY2025 and 64,000 in July 2024 alone indicates strong momentum in user acquisition. However, it's important to note that the company hasn't provided financial figures, making it challenging to assess the revenue impact of this growth. The expanding B2B pipeline, now at 63 potential partnerships with 4 already signed, suggests a strategic focus on diversifying revenue streams. While these metrics are promising, investors should remain cautious until concrete financial results are available to gauge the profitability of this growth.

LiveOne's multi-faceted approach to growth is intriguing. The company's focus on both B2C and B2B channels demonstrates a diversified strategy. The significant increase in paid memberships suggests strong product-market fit and effective user acquisition strategies. The Tesla Membership's growth outpacing overall membership growth indicates a successful premium offering. The expanding B2B pipeline is particularly interesting, as it could lead to more stable, recurring revenue streams. However, the lack of financial details leaves questions about customer acquisition costs and lifetime value. The entertainment industry is highly competitive and LiveOne's ability to maintain this growth rate while achieving profitability will be crucial. Investors should watch for upcoming partnership announcements and their potential impact on revenue and market share.

- Tesla Membership: Boasts 26% year-over-year growth

- New Paid Members: Increase over 225k in Fiscal Year 2025 and an impressive 64K in July 2024

- Total Membership: Grew 23% year-over-year

- B2B Pipeline: Expands to 63, including four signed partnerships to be announced upon launch

LOS ANGELES, Aug. 09, 2024 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today an update for certain of its July 2024 and fiscal year ending March 31, 2025 (“Fiscal Year 2025”) memberships metrics and its B2B pipeline.

Brad Konkol, Head of Slacker Radio, commented, “We are pleased with our continued growth and extremely enthusiastic regarding the strategic vision of Slacker Radio and LiveOne. Our commitment to building strong B2B partnerships and crafting customizable product offerings for a wide range of businesses remains unwavering. We believe in forging unique, mutually beneficial relationships with both businesses and consumers. By focusing on collaborative opportunities and tailored solutions, we are well-positioned to achieve significant new growth through these strategic initiatives."

About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne's subsidiaries include Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok, YouTube and Twitter at @liveone. For more investor information, please visit ir.liveone.com.

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: LiveOne’s reliance on one key customer for a substantial percentage of its revenue; LiveOne’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; LiveOne’s ability to continue as a going concern; LiveOne’s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne’s intent to repurchase shares of its and/or PodcastOne’s common stock from time to time under LiveOne’s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne’s ability to maintain compliance with certain financial and other covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management’s relationships with industry stakeholders; uncertain and unfavorable outcomes in legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne’s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2024, and in LiveOne’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

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 (LVO) total membership count as of the latest update?

LiveOne (LVO) announced that its total memberships have surpassed 3.9 million, representing a 23% year-over-year growth.

How much did LiveOne's (LVO) Tesla membership grow in the latest report?

LiveOne (LVO) reported that its Tesla membership grew by 26% year-over-year.

How many new paid members did LiveOne (LVO) add in Fiscal Year 2025?

LiveOne (LVO) added over 225,000 new paid members in Fiscal Year 2025, which ends on March 31, 2025.

What is the current size of LiveOne's (LVO) B2B pipeline?

LiveOne (LVO) reported that its B2B pipeline has expanded to 63 potential partnerships, including four signed agreements awaiting launch announcements.

LiveOne, Inc.

NASDAQ:LVO

LVO Rankings

LVO Latest News

LVO Stock Data

116.71M
73.16M
21.69%
27.39%
2.82%
Entertainment
Retail-eating Places
Link
United States of America
BEVERLY HILLS