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), 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), a creator-first music, entertainment, and technology platform, has announced it will release its Q1 FY 2025 financial results on August 13, 2024. The company will host an investor webcast and conference call at 10:00 am ET / 7:00 am PT on the same day to discuss the results and provide a business update. Participants can register for the call or join via webcast, with replay options available until September 11, 2024. LiveOne, headquartered in Los Angeles, operates subsidiaries including Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, and others, offering services across various platforms and devices.
Kartoon Studios has partnered with LiveOne, Inc. to produce, publish, and distribute original music for the upcoming Winnie-The-Pooh megabrand, set to premiere on Kartoon Channel on Amazon Prime Video in 2025. This collaboration is expected to drive significant revenue, building on the franchise's historical success of $80 billion in retail sales and millions in music royalties.
The partnership includes the production of music for Kartoon Studios' 'Winnie-the-Pooh' animated feature, holiday specials, and a 104-episode series. The first movie, 'A Hundred Acre Christmas,' is scheduled to premiere on December 24, 2025, coinciding with the 100th anniversary of A.A. Milne's original publication. LiveOne will leverage its technology and platform to enhance user engagement and interaction with the content.
LiveOne (Nasdaq: LVO) has announced preliminary record-breaking financial results for Q1 FY2025. The company expects revenue of $33.1M, up 20% from Q1 FY2024, and Adjusted EBITDA of $2.9M, a 31% increase. LiveOne projects positive cash flow of $17.5M from its core operating business for FY2025.
The company achieved annualized cost savings of approximately $5M for Q1 FY2025 and ended the quarter with a cash position exceeding $10M. Additionally, LiveOne has expanded its share repurchase program from $10M to $12M, demonstrating confidence in its financial outlook.
LiveOne (Nasdaq: LVO) has reported record-breaking financial results for Q1 FY2025, ending June 30, 2024. The company achieved $33.1M in revenue, a 20% increase from Q1 FY24, and $2.9M in Adjusted EBITDA, up 31% over the same period. LiveOne projects positive cash flow of $17.5M from its core operating business for Q1 2025.
The company realized cost savings of approximately $5M for Q1 and ended the quarter with a cash position exceeding $10M. Additionally, LiveOne has expanded its share repurchase program from $10M to $12M, demonstrating confidence in its financial strength and future prospects.
CEO Robert Ellin attributes these results to strong revenue growth and effective cost-saving initiatives. As a creator-first music, entertainment, and technology platform, LiveOne continues to focus on delivering premium experiences and content worldwide through various subsidiaries and services.
LiveOne (NASDAQ: LVO), a music, entertainment, and technology platform, has joined the Russell 2000 Index as of June 28. The company announced significant changes in its share structure, including an increase in institutional holdings by over 10.5 million shares and the retirement of 4.2 million open market shares, reducing the total outstanding shares to 94.7 million. Additionally, LiveOne registered 1.3 million warrants at $2.10, which represents a 50% premium, and expects to receive $2.73 million from its largest existing investor. The company also plans to buy back $5 million worth of LVO shares.
LiveOne (NASDAQ: LVO) has announced a partnership with Seekr, utilizing the Intel Developer Cloud to launch an AI-powered search platform for beats and sounds. This platform, aiming to be available by year's end, is designed to aid music creation and licensing, offering new revenue opportunities for creators in a multi-billion-dollar market. LiveOne also introduced a new subscription service for beats and sounds, gaining 100+ subscribers monthly at $19.99 each. This collaboration aligns with LiveOne's commitment to innovation and support for artists, leveraging Seekr’s AI technology to enhance their extensive content catalog.
LiveOne (Nasdaq: LVO), a prominent music, entertainment, and technology platform, has announced updates to its PodcastOne (Nasdaq: PODC) repurchasing program.
The company has acquired a total of 359,000 shares of PODC at an average price of $2.45. Specifically, LiveOne purchased 159,000 shares at $3 in March 2024 and 200,000 shares at $2 during the current quarter.
Additionally, LiveOne reiterated its commitment to purchasing $5 million worth of LVO and PODC shares.
LiveOne (NASDAQ: LVO) has announced its partnership as the streaming partner for “The Game of Legends,” a celebrity soccer event featuring Ronaldinho and Kaka, set to take place on June 16, 2024, at Toyota Arena in Ontario, CA.
The event will also feature halftime performances by multi-platinum rapper KYLE. LiveOne has achieved significant milestones, reaching over 200 million viewers and 5 billion fan engagements across 220 countries.
The company has a history of successful Pay-Per-View (PPV) events, including performances by major celebrities like Wiz Khalifa, Monsta X, Pitbull, and Floyd Mayweather boxing matches. LiveOne continues to dominate live streaming in the music and entertainment industry.
LiveOne (NASDAQ: LVO) announced that its total membership has exceeded 3.8 million, marking a 25% year-over-year growth. The Tesla membership, in particular, saw a significant increase, reaching 1.8 million members, a 32% rise from the previous year. The company expects to add over 1 million new members by the end of 2024.
LiveOne's B2B pipeline has also expanded, with more than 60 partnerships under discussion and four major multi-year agreements set to be announced soon. According to Brad Konkol, Head of Slacker Radio, the growth is driven by collaborative B2B partnerships and a focus on creating unique, customizable audio experiences for businesses and customers.
