UPDATE: LiveOne (Nasdaq: LVO) to Present Business Update at Trump Mar-a-Lago Today
LiveOne (Nasdaq: LVO) announced that its Chairman and CEO, Robert Ellin, will present a business update at Trump Mar-a-Lago, Florida, on January 31st, 2025. The company reported significant growth metrics, including a 55% increase in Tesla users, now exceeding 700,000+, with 350,000+ being ad-supported users.
The creator-first music, entertainment, and technology platform has secured $40+ million in new B2B partnerships, including a collaboration with Amazon. LiveOne's B2B pipeline has expanded to include over 70 companies, marking substantial business development progress.
LiveOne (Nasdaq: LVO) ha annunciato che il suo presidente e CEO, Robert Ellin, presenterà un aggiornamento aziendale al Trump Mar-a-Lago, in Florida, il 31 gennaio 2025. L'azienda ha riportato metriche di crescita significative, tra cui un incremento del 55% degli utenti Tesla, che ora superano i 700.000, di cui oltre 350.000 sono utenti supportati da pubblicità.
La piattaforma di musica, intrattenimento e tecnologia incentrata sui creatori ha ottenuto oltre 40 milioni di dollari in nuove partnership B2B, compresa una collaborazione con Amazon. Il pipeline B2B di LiveOne si è ampliato per includere oltre 70 aziende, segnando progressi sostanziali nello sviluppo commerciale.
LiveOne (Nasdaq: LVO) anunció que su presidente y CEO, Robert Ellin, presentará una actualización empresarial en Trump Mar-a-Lago, Florida, el 31 de enero de 2025. La compañía reportó métricas de crecimiento significativas, incluyendo un aumento del 55% en los usuarios de Tesla, que ahora supera los 700,000, con más de 350,000 siendo usuarios soportados por anuncios.
La plataforma de música, entretenimiento y tecnología centrada en los creadores ha asegurado más de 40 millones de dólares en nuevas alianzas B2B, incluyendo una colaboración con Amazon. La pipeline B2B de LiveOne se ha expandido para incluir más de 70 empresas, marcando un progreso considerable en el desarrollo empresarial.
LiveOne (Nasdaq: LVO)는 로버트 엘린 회장 겸 CEO가 2025년 1월 31일 플로리다의 트럼프 마라라고에서 사업 업데이트를 발표할 것이라고 발표했습니다. 회사는 테슬라 사용자 수가 55% 증가하여 현재 700,000명을 초과하며, 그 중 350,000명 이상이 광고 지원 사용자라고 보고했습니다.
창작자를 중심으로 한 음악, 엔터테인먼트 및 기술 플랫폼은 아마존과의 협업을 포함해 4천만 달러 이상의 새로운 B2B 파트너십을 확보했습니다. LiveOne의 B2B 파이프라인은 70개 이상의 기업을 포함하도록 확장되어 상당한 사업 발전을 이루었습니다.
LiveOne (Nasdaq: LVO) a annoncé que son président et PDG, Robert Ellin, présentera une mise à jour commerciale au Trump Mar-a-Lago, en Floride, le 31 janvier 2025. L'entreprise a rapporté des indicateurs de croissance significatifs, dont une augmentation de 55% des utilisateurs de Tesla, qui dépassent désormais les 700,000, dont plus de 350,000 sont des utilisateurs soutenus par la publicité.
La plateforme de musique, de divertissement et de technologie axée sur les créateurs a sécurisé plus de 40 millions de dollars en nouveaux partenariats B2B, y compris une collaboration avec Amazon. Le pipeline B2B de LiveOne s'est élargi pour inclure plus de 70 entreprises, marquant des progrès substantiels dans le développement commercial.
LiveOne (Nasdaq: LVO) gab bekannt, dass sein Vorsitzender und CEO, Robert Ellin, am 31. Januar 2025 ein Geschäftsupdate im Trump Mar-a-Lago, Florida, präsentieren wird. Das Unternehmen berichtete von signifikanten Wachstumskennzahlen, darunter ein 55%iger Anstieg der Tesla-Nutzer, die nun über 700.000 liegen, wobei über 350.000 von Werbung unterstützt werden.
Die auf Kreatoren ausgerichtete Musik-, Unterhaltungs- und Technologieplattform sicherte sich über 40 Millionen Dollar an neuen B2B-Partnerschaften, darunter eine Zusammenarbeit mit Amazon. Die B2B-Pipeline von LiveOne hat sich erweitert und umfasst nun über 70 Unternehmen, was einen erheblichen Fortschritt in der Geschäftsentwicklung markiert.
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- Highlighting a
- Including 350K+ Ad-Supported Tesla Users
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- B2B Pipeline Expands to Over 70 Companies
LOS ANGELES, Jan. 31, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, is pleased to report Chairman and CEO, Robert Ellin, will be presenting at Trump Mar-a-Lago, Florida, January 31st, a business update highlighting that it has surpassed a milestone of 700,000+ Tesla users. Of those users, 350,000 are free ad-supported users.
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 SEC on 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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