Slacker Radio Drives Growth as LiveOne Memberships Soar

Author: Addison Perry Updated: 08-12-2024 11:04 AM

LiveOne's Impressive Growth and Market Position

Prominent music, entertainment, and technology platform LiveOne (NASDAQ: LVO) has said that as of July 2024, its total memberships have exceeded 3.9 million. This accomplishment is evidence of the company's continuous success in broadening its customer base and so reinforcing its place in the cutthroat entertainment sector. Leading destination for music, sports, and entertainment fans LiveOne is a result of its strategic approach to provide high-quality, varied content resonating with audiences all around.

The Strategic Role of Slacker Radio

One of LiveOne's main subsidiaries, Slacker Radio, is mostly responsible for its success. Head of Slacker Radio Brad Konkol highlighted the need of strategic B2B alliances by expressing hope in the direction of expansion of the platform. Attracting a broad spectrum of corporate partners has been much aided by Slacker Radio's ability to provide tailored product offers. Slacker Radio is poised to keep growing by concentrating on building mutually beneficial relationships, so augmenting the influence of LiveOne in the entertainment industry.

About LiveOne: A Leader in Entertainment

Based in Los Angeles, California, LiveOne functions as a worldwide subscription platform delivering top-notch material across several entertainment sectors. Offering a wide range of services via its several divisions, the company has become known as a leader:

LiveXLive: Live Music and More

LiveOne's products center LiveXLive, which offers live streaming of top artists' musical performances. LiveXLive has broadcast almost 1,800 musicians since January 2020, providing a library comprising almost 30 million songs and 500 carefully selected radio stations. This platform is a go-to source for on-demand listening experiences and live music since it meets a broad spectrum of musical tastes.

PodcastOne: A Podcasting Powerhouse

Another important part of LiveOne, Podcast One gets over 2.38 billion downloads yearly. PodcastOne appeals to a wide audience by providing a rich assortment of material spanning many genres thanks to more than 600 episodes published weekly. By giving listeners access to premium podcasts and exclusive shows, this strong podcasting platform improves Live One's value proposition.

Expanding Services: PPVOne, React Presents, CPS

LiveOne also runs several other companies that vary their content offers:

PPVOne: Specializing in pay-per- view events, provides first access to concerts, sports events, and entertainment presentations.
React Presents: Well-known for planning live music events and festivals, supports LiveOne's live event lineup so drawing music lovers from all around.
CPS (Custom Personalization Solutions): Lets fans buy one-of-a-kind, branded goods that improve their relationship to their preferred musicians and content.

LiveOne's Digital Reach and Accessibility

LiveOne has created a thorough digital ecosystem to guarantee that its material is reachable by a broad readership. Among the several devices you can access the platform are iOS, Android, Roku, Apple TV, and Amazon Fire. Furthermore available via over-the-top (OTT) services including STIRR, Sling, and XUMO is LiveOne's content. The company's app, website, and social media channels increase its reach even more by letting users interact with material anywhere, anyhow.

Investor Insights and Financial Information

Publicly traded on NASDAQ under the ticker "LVO," LiveOne's stock is Operating on a fiscal year ending March 31, the company's financial planning and strategic goals match. Reflecting a focus on reinvestment and growth, LiveOne has not stated or paid cash dividends on its common stock at yet.

Through the SEC filings part of LiveOne's investor relations website, investors curious in the company's financial performance can access past records and other pertinent information. This openness gives investors a clear view of the activities, policies, and financial situation of the company.

FAQs About LiveOne

Where is LiveOne located?

The headquarters of LiveOne are West Hollywood, California.

What is LiveOne's ticker symbol, and where is it listed?

Under the symbol "LVO," LiveOne's stock appears on NASDAQ.

How can I invest in LiveOne, Inc.?

Any registered broker or online stock brokerage company—including E*Trade, TD Ameritrade, Scottrade, or Robinhood—can buy LiveOne's common stock on the open market.

Does LiveOne pay dividends?

LiveOne does not expect to pay cash dividends in the near future and has not stated or paid any on its common stock.

Who should I contact regarding my stock certificate(s)?

See VStock Transfer, LiveOne's transfer agent, for inquiries concerning their stock. The address of VStock Transfer is 18 Lafayette Place, Woodmere, NY 11598; its phone number is 212, 828-8436.

Who is LiveOne's independent auditor?

Independent auditor of LiveOne is BDO USA, LLP.

Who is LiveOne’s outside corporate counsel?

Foley Shechter LLP serves LiveOne as outside corporate counsel.

When is LiveOne’s fiscal year end?

The fiscal year ends of LiveOne on March 31.

How can I access LiveOne’s financial documents?

LiveOne's investor relations page's SEC Filings part offers historical financial records and other pertinent information. One can view, download, or print these docs. LiveOne's SEC filings may also be accessed on the United States Securities and Exchange Commission (SEC) website, www.sec.gov.

How can I contact LiveOne for more information?

Email IR@liveone.com for questions related to investors. For broad inquiries, email contact@liveone.com.

For more LiveOne information, visit https://www.liveone.com/

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