LiveOne Achieves Major Milestone with 700K Tesla Users
LiveOne Celebrates 700K+ Tesla Users
LiveOne, a leading music and entertainment platform, recently announced a significant milestone in its user base by surpassing 700,000 Tesla users. This exciting news was highlighted during a business update presentation by the company's Chairman and CEO, Robert Ellin.
Growth in User Base and Ad-Supported Model
Among these users, over 350,000 are taking advantage of the free ad-supported model, showcasing the platform's growing appeal. This growth represents a remarkable 55% increase in usage since the beginning of the year, reflecting LiveOne's successful strategy in attracting new users and enhancing user engagement.
Strong B2B Partnerships
In addition to the impressive growth of its user base, LiveOne has forged new business-to-business (B2B) partnerships, generating over $40 million in new revenues. These partnerships underscore the platform's ability to collaborate effectively with major organizations, including technology giants such as Amazon.
Expanding Pipeline and Future Outlook
LiveOne's B2B pipeline now includes over 70 companies, highlighting its potential for continued growth. The company's innovative approach and commitment to delivering premium experiences through memberships and live events position it favorably in the competitive landscape of music and entertainment.
Accessibility Across Platforms
LiveOne's services are accessible in Tesla vehicles and through numerous platforms such as iOS, Android, Roku, and Apple TV, making it easier than ever for users to enjoy their favorite content. This versatility is critical in today's digital environment, where consumers are looking for on-the-go access to entertainment.
Vision and Mission of LiveOne
LiveOne is dedicated to providing creator-first content, focusing on premium experiences that cater to the needs of both artists and consumers. The rapid growth of its Tesla user base is a prime example of how the platform is successfully engaging audiences within the burgeoning electric vehicle market.
Contact Information
For more details regarding LiveOne, interested parties can reach out to the Investor Relations team. Liviakis Financial Communications, Inc. can be contacted at (415) 389-4670 or john@liviakis.com.
Frequently Asked Questions
What is the recent milestone achieved by LiveOne?
LiveOne has surpassed 700,000 Tesla users, showcasing significant growth in its user base.
How many ad-supported Tesla users does LiveOne have?
Over 350,000 of the Tesla users are utilizing the free ad-supported model.
What is the value of LiveOne's new B2B partnerships?
LiveOne has generated over $40 million from its latest B2B partnerships, including collaborations with Amazon.
How many companies are in LiveOne's business pipeline?
The company's business pipeline includes over 70 companies, reflecting its growth potential.
Where can LiveOne's services be accessed?
LiveOne services are available in Tesla vehicles and on various platforms including iOS, Android, Roku, and Apple TV.
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