LiveOne To Livestream Jason Sudeikis And Friends' Thundergong! Benefit For Steps Of Faith Foundation

Rhea-AI Summary

LiveOne (Nasdaq: LVO) announces the livestream of the THUNDERGONG! benefit concert hosted by Jason Sudeikis on November 20, 2021, at 8 PM ET. This hybrid event will feature performances from notable artists like Counting Crows and Sammy Hagar, aiming to assist uninsured amputees through the Steps of Faith Foundation. CEO Rob Ellin expresses excitement about partnering again with Sudeikis for this initiative, which combines music and comedy to raise awareness and funds for prosthetic care.

Positive

• Livestreaming the THUNDERGONG! benefit concert enhances visibility and engagement for LiveOne's platform.
• Partnership with high-profile individuals like Jason Sudeikis could attract a larger audience, potentially increasing subscribers.

Negative

• None.

LOS ANGELES, Nov. 18, 2021 /PRNewswire/ -- LiveOne (Nasdaq: LVO), a global platform for livestream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of LiveXLive PodcastOne, Slacker Radio, React Presents, Gramophone Media., and Custom Personalization Solutions, announced today it will livestream the latest installment in the THUNDERGONG! benefit series, a concert hosted by Jason Sudeikis in partnership with Steps of Faith Foundation for amputees in need.  The event will livestream on LiveXLive on November 20th, 2021 at 8 PM ET.

The event, a hybrid of music and comedy, will feature performances from an eclectic array of modern musicians and some of the biggest names in comedy: Jason Sudeikis, Fred Armisen, Counting Crows, Sammy Hagar & The Circle, Nathaniel Rateliff & The Night Sweats, Waxahatchee, Heidi Gardner, Ben Rector, Wyonna & Cactus Moser, Dashboard Confessional, Lecrae, Summer Breeze, Zyra Gorecki, Kay Cannon, The Sheila Divine, Ruby Amanfu & Sam Ashworth, Ryan Miller * Guster and Michael McDonald.

THUNDERGONG! is a night of unforgettable musical performances and loads of laughs as comedians and musicians alike come together to help uninsured and underinsured amputees get the prosthetic limbs they need – restoring mobility and restoring possibilities. Steps of Faith Foundation reconnects amputees to their communities, families, and workforces by relieving the financial burden of prosthetic care.

"LiveOne is thrilled to once again partner with Jason Sudeikis and THUNDERGONG!," says Rob Ellin, CEO of LiveOne. "Streaming a comedy and music benefit for those in need, and to be able to team up with like-minded people and organizations, is such a joy.  We are excited to play a part in raising awareness and funds for this amazing event."

You can tune in to THUNDERGONG! 2021 on November 20th, 2021 at 8 PM ET on LiveXLive.com. Jason Sudeikis also returns to host THE GONG, the official LiveXLive radio station for THUNDERGONG!

For more information, visit Thundergong.org. Get ready to #GiveSteps!

LiveXLive's platform offers livestream concerts, festivals, music news, docu-reality series and interviews, as well as on-demand audio and audio playlists and vodcasts/podcasts. LiveXLive has powered global pay-per-view and livestream hits with some of the world's most renowned talent, including Billie Eilish, Billy Joel, Blake Shelton, BTS, Camila Cabello, Dua Lipa, Harry Styles, J Balvin, Jennifer Lopez, Kacey Musgraves, Kygo, Madonna, MonstaX, Paul McCartney, Pitbull, Taylor Swift, Wiz Khalifa, and Yungblud.

About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is a global talent-first, interactive music, sports, and entertainment subscription platform delivering premium content and livestreams from the world's top artists. The Company has streamed over 1,800 artists since January 2020, has a library featuring close to 30 million songs, 500 expertly curated radio stations, 235 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and has created a valuable connection between brands, fans, and bands. The Company's other major wholly-owned subsidiaries are LiveXLive, PPVOne, Slacker Radio, React Presents, Gramophone Media, Custom Personalization Solutions, and PodcastOne which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across a stable of hundreds of top podcasts. The combination of acquisitions and the expansion of products and franchises have secured LiveOne as a top-rated music, entertainment, and media services company. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, STIRR, Sling, and XUMO, in addition to its app, online website, and social channels. For more information, visit www.livexlive.com and follow us on Facebook, Instagram, TikTok, and Twitter at @livexlive.

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, spi-off, distribution or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition, spin-off, 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 subscribers; 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; 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, 2021, filed with the U.S. Securities and Exchange Commission (the "SEC") on July 14, 2021, Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, filed with the SEC on August 16, 2021, 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 obligations 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.

Press Contact:
LiveOne
aileen@livexlive.com 
917.842.9653
aavidon@livexlive.com
516.522.1349

LiveOne IR Contact:
IR@liveone.com
310.601.2505

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SOURCE LiveOne, Inc.

FAQ

When is LiveOne's THUNDERGONG! benefit concert scheduled?

The THUNDERGONG! benefit concert is scheduled for November 20, 2021, at 8 PM ET.

What is the purpose of the THUNDERGONG! benefit concert?

The concert aims to assist uninsured amputees by raising funds for the Steps of Faith Foundation.

Who will perform at the THUNDERGONG! concert?

Performers include Counting Crows, Sammy Hagar, and other notable artists and comedians.

Where can I watch the THUNDERGONG! benefit concert?

The concert will be livestreamed on LiveXLive.com.

What is the significance of the THUNDERGONG! benefit concert for LiveOne?

This event showcases LiveOne's commitment to community support and could enhance its brand image and subscriber base.