Welcome to our dedicated page for Liveone news (Ticker: LVO), a resource for investors and traders seeking the latest updates and insights on Liveone stock.
LiveOne Inc (LVO) delivers premium live music experiences through innovative streaming and digital media solutions. This news hub provides investors and enthusiasts with timely updates on financial developments, technological advancements, and industry partnerships.
Access comprehensive coverage of earnings reports, strategic B2B collaborations, and content innovations across LiveOne's core segments including PodcastOne, Slacker Radio, and live event streaming. Our curated news collection simplifies tracking regulatory filings, executive insights, and platform expansions.
Key updates feature AI-driven content personalization milestones, exclusive artist partnerships, and cross-platform distribution deals. Bookmark this page for verified press releases and objective analysis tailored for both casual followers and professional analysts monitoring the evolving digital entertainment landscape.
LiveOne (Nasdaq: LVO) has announced that CEO Robert Ellin will present at the Q2 Investor Summit on May 3-4, 2022, at The Westin New York Grand Central. Ellin's presentation will be webcast on May 3 at 11:00 AM ET. Investors interested in attending can register for complimentary access. As of April 25, 2022, LiveOne has over 2.26 million members and offers a vast library of content, including 30 million songs and 600 curated radio stations. For more information, visit www.liveone.com.
LiveOne (Nasdaq: LVO) announced the commencement of a stock repurchase program starting in Q1 FY 2023, with authorization to repurchase up to 2 million shares, beginning with 500,000 shares. As of April 22, 2022, the company reported cash on hand of $13.6 million and a total membership of 2.26 million members. LiveOne maintains its guidance for FY 2023, forecasting revenue between $125 million - $140 million and adjusted EBITDA between $4 million - $8 million. CEO Robert Ellin emphasized confidence in the company's long-term growth and shareholder value maximization.
LiveOne (NASDAQ: LVO) has partnered with Propagate Content to launch Ultimate Social Boxing, a competitive reality series featuring social media stars. Contestants will vie for a $1 million contract with the new Ultimate Social Boxing League. Following the success of the inaugural Social Gloves event, which generated over $15 million in revenue and 136,000 pay-per-view purchases, Ultimate Social Boxing aims to attract a significant audience through its engaging format.
PodcastOne, a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), recently announced significant accolades for its executives. President Kit Gray was recognized as one of the most influential figures in podcasting, while Eli Dvorkin was named to the Top 40 Under 40 list by Podcast Magazine. PodcastOne also achieved over 2.4 billion annual downloads, solidifying its position as a top publisher in the U.S. This success is attributed to Gray's innovative network-talent partnerships and Dvorkin's talent acquisition strategies, driving growth for PodcastOne.
LiveOne (NASDAQ: LVO) has awarded the inaugural Rookie of the Year to global pop star Noa Kirel, recognizing her significant rise in the music industry. Kirel's social media reach exceeds 2 million, and she has partnered with Atlantic Records since mid-2020. The award will feature an exclusive NFT along with promotional activities on LiveOne's platform. The company aims to expand its talent-centric model, which includes a extensive user base of over 2.23 million members and diverse monetization strategies.
LiveOne (NASDAQ: LVO) reported a record total membership of 2.23 million as of April 1, 2022, including 1.48 million paid members. The company added over 52,000 new paid members in March 2022, driven by various initiatives. For FY 2022, LiveOne anticipates revenue of at least $112 million, a 72% increase from FY 2021's $65.2 million. The firm confirmed its guidance for positive Adjusted EBITDA in Q1 FY 2023 and highlighted substantial growth across social media engagement and podcast downloads.
LiveOne (NASDAQ: LVO) announced its partnership with Go Digital to launch GamifyOne, a live social music gaming platform set to launch this quarter. This innovative platform will gamify music stock trading, crypto trading, and NFTs, offering LiveOne members exclusive discounts, prizes, and virtual meet-and-greets. The collaboration aims to enhance LiveOne's NFT offerings through the joint venture with Polygon and Cere Network. With a membership base exceeding 2.1 million and a library of 30 million songs, LiveOne continues to expand its digital footprint.
LiveOne (NASDAQ: LVO) announced the 75th installment of its LiveOne Presents: Rooftop Series, a pre-Grammys event in Las Vegas on April 1, 2022, sponsored by Meow Mix. The live performance will feature artists like Christian French, Lily Kincade, and Kevin Woo. Attendees will receive LiveOne memberships, offering exclusive access to over 30 million songs and NFT perks. Meow Mix will donate $40,000 to IFAW for animal aid in Ukraine. The event will stream globally on LiveOne’s platform and social media, celebrating emerging talent and music culture.
