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.
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LiveOne (Nasdaq: LVO) has appointed Aaron Sullivan as CFO, who previously served as Vice President, Corporate Controller, and as LiveOne's Interim Chief Financial Officer. The Chairman and CEO, Robert Ellin, praised Sullivan's performance and leadership, highlighting his contributions to the company's financial and operational management.
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LiveOne (Nasdaq: LVO) subsidiary Splitmind, a music collective, won a 2024 Grammy Award for producing Church Clothes 4 by Lecrae. Splitmind has over 2B streams across 100+ major label releases and increased revenues by 300% in 2023.
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LiveOne (Nasdaq: LVO) will announce its operating and financial results for its third quarter on February 8, 2024. The senior management will host a live conference call and webcast to discuss the results and provide a business update. The webcast can be accessed on LiveOne's website and will be available for replay.
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LiveOne (Nasdaq: LVO) announces the streaming of its 241st edition of LiveOne Presents featuring music industry rising stars during Grammy Awards weekend. The event celebrates LiveOne subsidiary Splitmind’s three Grammy nominations this year. Splitmind is known for producing beats and sounds for major artists such as Drake, Chris Brown, Kodak Black, NBA Youngboy, and DaBaby. The LiveZone red carpet will be hosted by Slacker Radio’s Chelsea Briggs, Racquel Goldy, and Raymond T, and will feature an exclusive performance by Def Jam artist Chase Shakur and interviews with Jeremih, Z3LLA, thuy, Afgan, Caity Baser, AR/CO, MARIS, and Valè, among others. LiveOne has streamed over 3k artists to 200+ million viewers, with 5 billion engagements. Music fans across 220 countries can watch on Sunday, February 4 at 5:00 PM ET / 2:00 PM PT on LiveOne.com.
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LiveOne announces access to a vast library of music, podcasts, radio stations, and audiobooks for its members. The global audiobook market is currently valued at over $5 billion and projected to grow to $42 billion by 2031.
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Splitmind Music Collective, a Grammy-nominated group, has amassed over 2 billion streams from 100+ major label releases. Their radio features original sounds and AI-curated samples from a catalog of 100,000 unique works. LiveOne's subsidiaries, Splitmind and Drumify, saw a 300% increase in revenue in 2023.
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LiveOne, Inc. (NASDAQ: LVO) announces the launch of Birthday Sex Wine, a collaboration with Grammy-nominated artist Jeremih and winemaker Russell Bevan. The exclusive pre-sale sold out, with additional inventory expected soon. The wine is a Naked Chardonnay from premier vineyards in the Columbia Valley, offering vibrant fruit flavors and subtle oak nuances.
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LiveOne, Inc. (LVO) reported impressive financial results for Q3 FY 2024, with over $31M in revenue and a year-to-date total of $87M. The Audio Division achieved a record $80M in revenue for the first 9 months, marking a 25% year-over-year increase. Additionally, the Q3 revenue for the Audio Division reached over $27M. LiveOne also expanded its partnership with Telsa to include the Truck Division. The company currently holds approximately $11M in cash and $28M in short-term assets. However, it's important to note that these financial results are preliminary and unaudited, subject to potential adjustments and uncertainties.
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LiveOne (Nasdaq: LVO) provides updates for its ongoing $10M stock repurchase program, with $6M remaining for discretionary repurchase of LVO and/or PodcastOne shares. The company has repurchased over 3.4M LVO shares since the inception of the program, with 1.1M shares repurchased in FY 2024 and 178K shares repurchased since Dec 1, 2023. LiveOne plans to immediately retire all repurchased shares, and the timing, price, and actual number of shares repurchased will be at the discretion of the company's management.
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LiveOne (LVO) adds 63K+ new paid memberships in December with ARPU of $3.10+, surpasses 3.5M total memberships, and expects record new paid membership growth to exceed 1M in calendar year 2024.
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Liveone Inc
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