LiveOne (NASDAQ: LVO) Reaches Milestone: 1.15 Million Subscribers and Ad-Supported Users, Including Tesla
LiveOne (NASDAQ: LVO) has achieved a significant milestone by surpassing 1.15 million subscribers and ad-supported users. The company reported a remarkable 120% increase in its user base since January 1, 2025. Notably, 1 million Tesla owners have converted to the platform, with users averaging 50 minutes of daily listening. The company's growth has been supported by AI-driven marketing initiatives focusing on user conversion and database enhancement.
LiveOne (NASDAQ: LVO) ha raggiunto un traguardo significativo superando 1,15 milioni di abbonati e utenti supportati da pubblicità. L'azienda ha riportato un notevole 120% di aumento nella sua base utenti dal 1 gennaio 2025. In particolare, 1 milione di proprietari di Tesla si sono convertiti alla piattaforma, con utenti che mediamente ascoltano 50 minuti di musica al giorno. La crescita dell'azienda è stata sostenuta da iniziative di marketing guidate dall'IA, focalizzate sulla conversione degli utenti e sul miglioramento del database.
LiveOne (NASDAQ: LVO) ha alcanzado un hito significativo al superar 1,15 millones de suscriptores y usuarios con soporte publicitario. La compañía reportó un notable 120% de aumento en su base de usuarios desde el 1 de enero de 2025. Notablemente, 1 millón de propietarios de Tesla se han convertido en usuarios de la plataforma, con usuarios que promedian 50 minutos de escucha diaria. El crecimiento de la empresa ha sido respaldado por iniciativas de marketing impulsadas por IA, centradas en la conversión de usuarios y la mejora de la base de datos.
LiveOne (NASDAQ: LVO)는 115만 명 이상의 구독자 및 광고 지원 사용자를 초과하여 중요한 이정표를 달성했습니다. 회사는 2025년 1월 1일부터 사용자 기반이 120% 증가했다고 보고했습니다. 특히, 100만 명의 테슬라 소유자가 플랫폼으로 전환했으며, 사용자는 평균 하루 50분의 청취 시간을 기록하고 있습니다. 회사의 성장은 사용자 전환 및 데이터베이스 향상에 중점을 둔 AI 기반 마케팅 이니셔티브에 의해 지원되었습니다.
LiveOne (NASDAQ: LVO) a atteint une étape significative en dépassant 1,15 million d'abonnés et d'utilisateurs soutenus par la publicité. L'entreprise a signalé une augmentation remarquable de 120% de sa base d'utilisateurs depuis le 1er janvier 2025. Notamment, 1 million de propriétaires de Tesla se sont convertis à la plateforme, les utilisateurs écoutant en moyenne 50 minutes par jour. La croissance de l'entreprise a été soutenue par des initiatives de marketing pilotées par l'IA, axées sur la conversion des utilisateurs et l'amélioration de la base de données.
LiveOne (NASDAQ: LVO) hat einen bedeutenden Meilenstein erreicht, indem es 1,15 Millionen Abonnenten und werbefinanzierten Nutzern überschritten hat. Das Unternehmen meldete einen bemerkenswerten 120% Anstieg seiner Nutzerbasis seit dem 1. Januar 2025. Besonders hervorzuheben ist, dass 1 Million Tesla-Besitzer zur Plattform gewechselt sind, wobei die Nutzer durchschnittlich 50 Minuten täglich hören. Das Wachstum des Unternehmens wurde durch KI-gesteuerte Marketinginitiativen unterstützt, die sich auf die Nutzerumwandlung und die Verbesserung der Datenbank konzentrieren.
- 120% user base growth in less than 3 months
- Reached 1.15 million subscribers milestone
- Strong user engagement with 50 minutes average daily listening time
- Successful Tesla partnership resulting in 1 million conversions
- Effective AI-driven marketing strategy
- None.
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- 1 million Tesla Owners Converted; overall daily listening currently averages 50 mins
- AI-driven marketing efforts driving conversion and database
LOS ANGELES, March 12, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has surpassed 1.15 million subscribers and ad-supported users. In addition, LiveOne provided certain user metrics.
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, 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 its largest OEM 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; LiveOne’s ability to extend and/or refinance its indebtedness and/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and/or LiveOne’s ability to pay any amounts due in connection with any such 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, Quarterly Report on Form 10-Q for the quarter ended December 31, 2024, filed with SEC on February 14, 2025, 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 Press Contact:
LiveOne
press@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and Twitter at @liveone.
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