LiveOne (NASDAQ: LVO) and Subsidiary PodcastOne (Nasdaq: PODC) Appoint Canary Capital's Steve McClurg as Chief Advisor to CEO Rob Ellin

Core Insights - LiveOne has appointed Steve McClurg as Chief Advisor, leveraging his extensive experience in crypto, blockchain, tokenization, and capital markets to drive strategic growth [1][2] - The company aims to enhance its digital asset innovation, monetize podcast assets, and integrate into institutional markets under McClurg's guidance [1][2] Company Overview - LiveOne is headquartered in Los Angeles, CA, and operates as a creator-first music, entertainment, and technology platform, providing premium experiences and content globally through memberships and live and virtual events [3] - The company's subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind, and it is accessible on various platforms including iOS, Android, Roku, and Spotify [3] Strategic Focus - The appointment of McClurg is seen as a significant step towards accelerating LiveOne's mission to enter digital markets, with a strong emphasis on podcasting and digital assets [2] - McClurg's background includes advising on blockchain initiatives and structuring tokenized investment vehicles, which aligns with LiveOne's goals in digital asset treasury strategies [5]