LiveOne(LVO)

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LVO Amends TSLA Partnership: Can Streaming Upgrade Boost the Stock?
ZACKS· 2024-10-07 14:35
LiveOne, Inc. (LVO) recently announced an updated partnership with Tesla, Inc. (TSLA) . As part of this agreement, which was inked at the beginning of this month, Tesla has permanently replaced its streaming button with LiveOne's service, marking a significant shift in the user experience for Tesla owners. In conjunction with this partnership, LiveOne is set to launch its LiveOne 2.0 platform, which will grant subscribers access to music across all devices. This development will benefit the current 1.9 mill ...
LiveOne (Nasdaq: LVO) Announces Renewed Partnership with Tesla Through May 2026
GlobeNewswire News Room· 2024-10-01 14:00
LOS ANGELES, Oct. 01, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), a leading digital media company, today announced an amended partnership with Tesla. Key Highlights: 1. Effective Oct 1, 2024: Tesla replaces streaming button with LiveOne's in perpetuity 2. LiveOne 2.0 launches, providing subscribers access to music on all devices 3. 1.9 million subscribers can convert to Premium/Plus services 4. Potential 3x increase in Average Revenue Per User (ARPU) 5. As of Dec 1, 2024, Tesla will no longer subsidize ...
LiveOne (NASDAQ: LVO) Brands Expands into California and Georgia's $47 Billion Wine Markets
GlobeNewswire News Room· 2024-09-24 10:00
- Expands distribution of "Birthday Sex" wine in collaboration with R&B star Jeremih - Enters into distribution partnerships with SOKO and Kelly Family Distributors LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO) Brands is proud to announce its Birthday Sex Wine will expand into the thriving wine markets of California and Georgia, collectively valued at $47 billion. This strategic move aligns with the company's commitment to diversity and inclusion in the beverage industry. As part of ...
LiveOne (Nasdaq: LVO) Launched Price Increases for Plus and Premium Membership Plans
GlobeNewswire News Room· 2024-09-06 12:00
LiveOne Plus annual price increased to $39.99 (a $4 per subscriber increase) LiveOne Premium monthly price increased to $10.99 (a $1 per subscriber increase) Price adjustments will support future product innovation and enhanced content experiences LOS ANGELES, Sept. 06, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), an award-winning, creator-first music, entertainment, and technology platform announced today a price adjustment, effective immediately, for its Plus and Premium membership plans. This change a ...
LiveOne Expands Reach With Diverse Content: Will the Stock Gain?
ZACKS· 2024-09-04 15:00
LiveOne, Inc. (LVO) has collaborated with Kartoon Studios to unveil three new dynamic music and video channels for all age groups. The channels will start launching this fall, along with content from Kartoon Studios and LiveOne's extensive platforms. The channel Baby Genius is for children aged two to eight, featuring animated adventures and sing-along music — a go-to for early childhood entertainment. Stan Lee Presents is aimed at kids and teens eight years and up, presenting music and stories from the Sta ...
LiveOne (LVO) Inks Multi-Year B2B Agreement With TextNow
ZACKS· 2024-08-20 16:10
LiveOne, Inc. (LVO) has announced a multi-year agreement with TextNow, offering a full year of LiveOne's Plus service at a reduced rate, along with exclusive content tailored specifically for TextNow customers. Through this partnership, TextNow users can now access LiveOne Plus, featuring an ad-free experience with unlimited skips, high-definition audio and exclusive content. The announcement comes as TextNow celebrates surpassing 250 million downloads, marking a major milestone in its growth trajectory. As ...
LiveOne (Nasdaq: LVO) Reports $9.1M+ Current Cash Position after Stock Purchases
GlobeNewswire News Room· 2024-08-20 12:00
583K PODC total shares, $2.08 average price, including 224K since July 1st Additional 153K+ LVO shares since July 1st $6.3M remaining for repurchases Extinguishing 4.3M repurchased LVO shares by end of week, reducing outstanding shares from 99M to 94.7M LOS ANGELES, Aug. 20, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO) an award-winning, creator-first music, entertainment, and technology platform announces updates to the LVO and PodcastOne (NASDAQ: PODC) cash position and repurchasing program. About LiveOn ...
LiveOne (NASDAQ:LVO) Launches Multi-Year B2B Partnership with TextNow
GlobeNewswire News Room· 2024-08-19 13:00
TextNow Boasts 250M+ downloads Exclusive content and 1 year of LiveOne Plus offer to TextNow Users Strategic Expansion: Partnership expected to drive revenue & EBITDA growth LiveOne expanding B2B team from 6 to 10 employees SAN FRANCISCO and LOS ANGELES, Aug. 19, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), the premier streaming platform for music, podcasts, and live events, announces a mutli-year partnership with TextNow, the leading free phone service provider in the U.S. This exclusive affiliate agree ...
LiveOne (NASDAQ:LVO) and Slacker Radio Partner with Legible to Launch "Book of the Month" Program
GlobeNewswire News Room· 2024-08-16 13:00
- Slacker Radio's 4 million members will have to access to new program - Tapping into the booming global audiobook market, valued at $5B and projected to reach $42B by 2031 - LiveOne now boasts 3 pillars of audio: music, podcasts, and audiobooks LOS ANGELES, Aug. 16, 2024 (GLOBE NEWSWIRE) -- LiveOne, Inc. (NASDAQ: LVO), a leader in digital broadcasting and personalized entertainment, is excited to announce a strategic collaboration with Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), a premier digital r ...
LiveOne (LVO) Q1 Loss Matches Estimates, Revenues Up Y/Y
ZACKS· 2024-08-14 15:16
LiveOne (LVO) incurred a first-quarter fiscal 2025 loss of 2 cents per share compared with a loss of 1 cent a year ago. The figure was in line with the Zacks Consensus Estimate. Revenues increased 19% year over year to $33.1 million but missed the consensus mark by 0.1%. Despite the competitive market landscape, LVO's year-over-year top-line growth was fueled by the continued success of the Audio Division, a strong pipeline and the addition of four new partnerships. For the three months ended June 2024, Sla ...