LiveOne's (NASDAQ: LVO) Reaches Milestone 1.4 Million Subscribers and Ad-Supported Users
LiveOne (NASDAQ: LVO) has achieved a significant milestone by surpassing 1.4 million subscribers and ad-supported users, driven by its partnership with Tesla. The company's advertising pilot program has successfully attracted major brands including Progressive, Toyota, Tide, Home Depot, and Downy, demonstrating the platform's effectiveness in reaching audiences.
LiveOne (NASDAQ: LVO) ha raggiunto un traguardo significativo superando 1,4 milioni di abbonati e utenti supportati da pubblicità, grazie alla sua partnership con Tesla. Il programma pilota pubblicitario dell'azienda ha attratto con successo grandi marchi come Progressive, Toyota, Tide, Home Depot e Downy, dimostrando l'efficacia della piattaforma nel raggiungere il pubblico.
LiveOne (NASDAQ: LVO) ha alcanzado un hito significativo al superar 1.4 millones de suscriptores y usuarios con publicidad, impulsado por su asociación con Tesla. El programa piloto de publicidad de la compañía ha atraído con éxito a grandes marcas como Progressive, Toyota, Tide, Home Depot y Downy, demostrando la efectividad de la plataforma para llegar a las audiencias.
LiveOne (NASDAQ: LVO)는 140만 명 이상의 구독자 및 광고 지원 사용자를 초과하여 중요한 이정표를 달성했으며, 이는 Tesla와의 파트너십 덕분입니다. 회사의 광고 파일럿 프로그램은 Progressive, Toyota, Tide, Home Depot 및 Downy와 같은 주요 브랜드를 성공적으로 유치하여 플랫폼이 청중에게 도달하는 데 효과적임을 입증했습니다.
LiveOne (NASDAQ: LVO) a atteint une étape importante en dépassant 1,4 million d'abonnés et d'utilisateurs soutenus par la publicité, grâce à son partenariat avec Tesla. Le programme pilote de publicité de l'entreprise a réussi à attirer de grandes marques telles que Progressive, Toyota, Tide, Home Depot et Downy, démontrant l'efficacité de la plateforme pour atteindre les audiences.
LiveOne (NASDAQ: LVO) hat einen bedeutenden Meilenstein erreicht, indem es 1,4 Millionen Abonnenten und werbefinanzierten Nutzern überschritten hat, was durch die Partnerschaft mit Tesla vorangetrieben wurde. Das Werbe-Pilotprogramm des Unternehmens hat erfolgreich große Marken wie Progressive, Toyota, Tide, Home Depot und Downy angezogen und zeigt die Effektivität der Plattform, um Zielgruppen zu erreichen.
- Reached 1.4 million subscribers and ad-supported users milestone
- Successful partnership with Tesla driving user growth
- Attracted major brands to advertising pilot program (Progressive, Toyota, Tide, Home Depot, Downy)
- None.
Advertising Pilot Program Attracts Top Brands: Progressive, Toyota, Tide, Home Depot, and Downy, etc.
LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has exceeded 1.4 million subscribers and ad-supported users, fueled by its Tesla partnership.
LiveOne's advertising pilot program has attracted top brands, showcasing the platform's effectiveness. "We're thrilled to reach this milestone," said Robert Ellin, Chairman and CEO of LiveOne.
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 in Tesla vehicles and 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 September 30, 2024, filed with the November 14, 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
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