LiveOne

LiveOne, Inc. is a digital media company, which engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform, and Slacker Radio, a streaming music service, as well as produces original music-related content. The company produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users, provides digital Internet radio and music services to users online and through original equipment manufacturers on a white label basis, and offers ancillary products and services, such as regulatory and post-implementation support services. It also offers an application that provides access to live events, audio streams, original episodic content, podcasts, video on demand, real-time livestreams, and social sharing of content. The company was founded on December 28, 2009 by Robert Scott Ellin and is headquartered in Beverly Hills, CA.

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LiveOne, Inc. reports record Q4 performance and eyes global expansion

LiveOne, Inc. delivered strong Q4 performance, highlighted by record revenues and adjusted EBITDA in its Audio Division. The company is focused on expanding overseas, pursuing a proposed merger of Slacker Radio, and sees opportunities in monetizing Drumify and rolling up smaller podcast networks. However, challenges related to interest expenses and the timing of transactions exist.

LiveOne Inc. reports strong Q2 performance and eyes strategic acquisitions

LiveOne Inc. is poised for significant growth in the digital audio market, with strong revenue projections and strategic acquisitions. However, the company faces challenges in managing acquisitions and navigating upcoming mergers and trading. Despite these challenges, LiveOne is capitalizing on opportunities to expand its business and partnerships.

LiveOne (LVO) reports record revenues and strategic growth initiatives

LiveOne (LVO) delivered strong financial performance with record revenues and membership growth, positioning for future expansion.
Strategic acquisitions, partnerships, and plans for spin-off demonstrate a focus on growth and value creation for shareholders.
While facing challenges like net losses and liquidity constraints, LiveOne (LVO) remains resilient and focused on profitability and shareholder value.
Opportunities lie in membership growth, industry partnerships, and PodcastOne's performance, signaling potential for revenue growth and market leadership.

LiveOne projects strong revenue growth in 2024 amid strategic partnerships

LiveOne's Q4 2023 earnings call showcased strong financial performance, with record growth in revenues across PodcastOne, Slacker Radio, and Drumify, setting a positive trajectory for fiscal 2024.
Despite challenges such as CPM issues, interest expenses, and strategic decisions on acquisitions and debt repayment, LiveOne's strategic strengths and opportunities position it well for future growth.
The company's focus on original programming, global expansion, and partnerships with industry leaders like Tesla and Live Nations highlight its commitment to driving membership growth and revenue diversification.
With a clear emphasis on innovation, strategic partnerships, and revenue optimization, LiveOne aims to capitalize on market opportunities and solidify its position as a key player in the digital media industry.

LiveOne reports robust Q1 revenue growth and ambitious expansion plans

LiveOne's Q1 2024 earnings call highlighted strong revenue growth, ambitious subscriber targets, and strategic acquisitions driving future revenue streams. The company faces challenges in integration and trading but sees opportunities in expanding B2B partnerships and merchandise collaborations.

LiveOne (LVO) reports robust Q2 earnings, eyes growth opportunities

LiveOne (LVO) delivered a strong performance in Q2 2024, focusing on cost savings, high-profit units, and balance sheet strength. The company's audio business and spin-off of PodcastOne showcased significant growth, while strategic partnerships position Slacker Radio for further expansion. With a solid balance sheet and growing membership base, LiveOne is well-positioned for future success.

LiveOne reports robust Q3 performance and strategic growth initiatives

LiveOne's Q3 earnings call highlighted strong performance, strategic partnerships, and growth initiatives.
Management's positive outlook, revenue guidance updates, and focus on cost management bode well for future prospects.
Despite challenges in gross margin and expense management, LiveOne remains poised for sustained growth and value creation.

LiveOne reports record Q1 earnings, eyes growth through partnerships

LiveOne's Q1 2025 performance reflects strong revenue growth, successful partnerships, and membership expansion, positioning the company for continued success in 2025.
Despite challenges in a competitive market, LiveOne's strengths in content diversification, partnership growth, and financial confidence present opportunities for sustained growth and value creation.
Investors may find LiveOne an attractive opportunity given its positive outlook, strategic initiatives, and potential for further market recognition and stock appreciation.

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LiveOne, Inc. is a digital media company, which engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform, and Slacker Radio, a streaming music service, as well as produces original music-related content. The company produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users, provides digital Internet radio and music services to users online and through original equipment manufacturers on a white label basis, and offers ancillary products and services, such as regulatory and post-implementation support services. It also offers an application that provides access to live events, audio streams, original episodic content, podcasts, video on demand, real-time livestreams, and social sharing of content. The company was founded in 2009 by Robert Scott Ellin and is headquartered in Beverly Hills, CA.

- Webcast Investor Presentation at 3:30 pm ET/12:30 pm PT on October 19, 2023 LOS ANGELES, CA, Oct. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that its Chairman and CEO, Robert Ellin, will present at the ThinkEquity Conference on Thursday, October 19, 2023 at 3:30 pm ET/12:30 pm PT. The event will be held in-person at the Mandarin Oriental Hotel in New York City.

LiveOne CEO to Participate in the ThinkEquity Conference on October 19th

Marc Roberge (O.A.R), Bianca Marroquin (Chicago), Tony Award Winner Ali Stroker (Oklahoma!), Christine Dwyer (Wicked) and Matt DeAngelis (Waitress) to Perform for this Event

LiveOne (LVO) Subsidiary LiveXLive Partners With METAvivor to Fight Metastatic Breast Cancer, Live Streaming #LightUpMBC Live on October 13, 2023 to 220 Countries

- Adds 51,000 New Premium Members with ARPU of $3.00+ per Month - Year-Over-Year New Premium Memberships* Increased by Approximately 700,000, a 40% Increase   - New Tesla Premium Members Increased by 357,000 Over Last Six Months - Reiterates Guidance for 800K - 825K New Premium Members for Fiscal Year  LOS ANGELES, CA, Oct. 04, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that it continues to break multiple membership records. LiveOne's CEO and Chairman, Robert Ellin, commented, "Since acquiring Slacker Radio just five years ago, annual revenue has more than tripled from $20M with a loss of $7M, to more than $60M expected for FY24 and very significant Adjusted EBITDA**.

LiveOne Announces Record September Premium Membership Growth

The Prosecutors and Spin-Off Show The Prosecutors: Legal Briefs Top 20 Million Downloads to Date LOS ANGELES, CA, Sept. 28, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - PodcastOne (NASDAQ: PODC), a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that The Prosecutors, hosted by Alice LaCour and Brett Talley, was honored as the podcast “People's Choice: Creator of the Year.

PodcastOne's The Prosecutors Named Podcast Creator of the Year at the 2023 CrimeCon CLUE Awards

- Investor Presentation on October 4 th at 1:00 pm PT / 4:00 pm ET

LiveOne to Present at the LD Micro Main Event XVI Investor Conference

- PodcastOne Will Continue to Trade on Nasdaq Under Symbol “PODC”  - Parent Company LiveOne (Nasdaq: LVO) Converts Its $3.5M Bridge Note Investment into PODC Stock at $3 per Share, a 57% premium to the 9/26/23 closing price, Increasing LVO's Ownership of PODC to 81%  - PODC Converts Remaining Bridge Notes of ~$2.5M into Shares of Common Stock at $3 per share  - PODC Currently has No Outstanding Debt, and the Restructuring of Debt has Increased Net Equity by $6M Since Listing on Nasdaq September 8th - Reiterates Pro Forma Revenue Guidance to $47 - $51M with Operating Adjusted EBITDA* of $4 - $5M LOS ANGELES, CA, Sept. 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - PodcastOne (NASDAQ: PODC) a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it has officially changed its name from Courtside Group, Inc. to PodcastOne, Inc. to match its well-known industry brand name and its strategic vision to become the leading destination for the best and most popular podcasts across many top genres, from sports, comedy, celebrity culture, entertainment to news and politics.

Courtside Group, Inc. Completes Restructuring of Balance Sheet and Officially Rebrands Name to PodcastOne, Inc.

Courtside Group Inc

Granted Equity Awards Valued at Over $5 Million LOS ANGELES, CA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - PodcastOne (NASDAQ: PODC) a leading podcast platform and a subsidiary of LiveOne (NASDAQ: LVO), announced today that it plans to award to its active hosts and all current employees equity in PodcastOne through shares of its common stock.

PodcastOne (PODC) Becomes First Podcast Network to Grant Their Podcast Talent and All Company Employees PODC Stock as Part of Historic NASDAQ Listing

- Added 306K New Tesla Paid Members in First Five Months of FY2024 – a 30% Year-Over-Year Increase - Added 684K New Paid Members Over the Past Year – a 40% Increase with ARPU of $3+ Per Month - Total Members Increased to 3.26M Including 2.38M Paid Members* - Raises Guidance to 800K - 825K New Paid Members* This Fiscal Year  LOS ANGELES, CA, Sept. 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq:  LVO ), an award-winning, creator-first music, entertainment, and technology platform, announced today that it continues to break multiple membership records.

LiveOne Announces Record Setting August Paid Membership Growth of 63K

- Repurchased 179K Shares at $1.82 Last Few Weeks and 3.2 Million Total Leaving $4.75M of Additional Buying Power - Expands Partnership with East West Bank Providing $3M of Additional Liquidity LOS ANGELES, CA, Sept. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that it has increased its stock repurchase program to a total of approximately $8.5 million worth of LiveOne's shares of common stock, inclusive of the shares that have already been repurchased.

Update: LiveOne Increases Stock Buyback From $7.5 Million to $8.5 Million*

LiveOne Increases Stock Buyback From $7.5 Million to $8.5 Million*

- PodcastOne to Begin Trading Today on Nasdaq under Stock Ticker “PODC” at a Minimum of $8 Per Share - After Spin-Out, LiveOne Will Own Approximately 80% of PodcastOne and Continue to Consolidate PodcastOne LOS ANGELES, CA, Sept. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Live One (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, provided proforma guidance today for its subsidiary, PodcastOne (Courtside Group) (Nasdaq: PODC), for its fiscal year ending March 31, 2024 (“FY 2024”).

LiveOne Subsidiary PodcastOne (Courtside Group) Raises Proforma Revenue Guidance to $47 - $51 Million with Operating Adjusted EBITDA* of $4 - $5 Million

- Nasdaq Opening Bell Ceremony on Friday Sept 8th at 9:00AM ET - Ceremony Livestream Can Be Accessed Here - https://livestream.com/accounts/888332/events/10947712 - PodcastOne Shares Expected to Open Trading at $8 Per Share Minimum - After Spin-Out, LiveOne Will Own Approximately 80% of PodcastOne and Continue to Consolidate PodcastOne LOS ANGELES, CA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that its subsidiary, Courtside Group, Inc. (dba PodcastOne) will ring the Nasdaq Stock Market (“Nasdaq”) opening bell on Friday, September 8, 2023 to celebrate completion of its direct listing on Nasdaq and spin-out as a separate public company.

LiveOne to Ring Nasdaq Opening Bell for Subsidiary PodcastOne (PODC) Direct Listing

LOS ANGELES, CA, Sept. 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that its subsidiary, PodcastOne (PODC), has secured a long contract extension with its Co-Founder and President, Kit Gray.

Update: LiveOne's PodcastOne (PODC) Signs Long Term Extension With Co-Founder and President Kit Gray

LOS ANGELES, CA, Sept. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that its subsidiary, PodcastOne (PODC), has secured multiple year contracts with its powerhouse executives, Chief Revenue Officer, Sue McNamara, and its Chief Content Officer, Eli Dvorkin.

LiveOne's PodcastOne (PODC) Secures Long Term Extensions with Top Key Executives, Chief Revenue Officer Sue McNamara and Chief Content Officer Eli Dvorkin

LOS ANGELES, CA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne, Inc. (NASDAQ: LVO) subsidiary Slacker Radio (ROCL) is pleased to announce the appointment of Bill Wittress as Head of Business Development and partnerships for Slacker Radio. In this role, he will lead the company's strategic business development efforts, overseeing sales, strategy, legal, and marketing initiatives to further expand our presence in the 100-billion-dollar music streaming industry. Wittress leverages his 25+ years of strategic leadership, which have included driving multimillion-dollar revenue deals and forging pivotal partnerships with many Fortune 500 companies.

Bill Wittress, 12 Year Veteran of Microsoft, Joins Slacker Radio as Head of Business Development and Partnerships

- PodcastOne to Commence Trading (Symbol: PODC) on Nasdaq on September 8, 2023 at Minimum of $8 Per Share - LiveOne 25K+ Shareholders of Record Will Receive Approximately 0.048 Shares of PodcastOne Common Stock Per Share of LiveOne Common Stock - After Spin-Out, LiveOne Will Own  Approximately 80% of PodcastOne and Continue to Consolidate PodcastOne LOS ANGELES, CA, Aug. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq:  LVO ), an award-winning, creator-first music, entertainment, and technology platform, announced today that September 5, 2023 has been set by Nasdaq and LiveOne as the ex-dividend date for LiveOne shareholders to receive pro rata its previously announced planned special dividend of approximately 19% of PodcastOne's common stock (the “Special Dividend”) as part of its planned spin-out of PodcastOne as a separate public company (the “Spin-Out”). After the Spin-Out, LiveOne will own approximately 80% of PodcastOne (on a non-fully diluted basis) and continue to consolidate PodcastOne's financial results.

LiveOne Sets Ex-Dividend Date of September 5, 2023 for PodcastOne's Special Dividend

LiveOne, Inc. is trading near its 52-week high and has a cheaper valuation compared to its peers. LiveOne has a diversified business model that includes music subscription, live events, livestreams, merchandise, podcasts, and pay-per-view. The company has sustained revenue growth and increased profitability, with strong projections for the future.

LiveOne's Stock Is Undervalued Right Now

- LiveOne Sets Record Date of August 28, 2023 for Special Dividend of ~19% of PodcastOne's Common Stock to LiveOne's 24K+ Shareholders

PodcastOne Common Stock Expected to Commence Trading on a National Securities Exchange on or Around September 8, 2023

- Tesla Members Increased 47% from Prior Year - Raises Guidance to 800K+ New Paid Members* This Year at ARPU of $3+ Per Month and 4M Total New Members  - Current Cash Position of $9 Million and $27 Million in Short Term Assets  - Increased Buyback Program to $7.5M Repurchasing 3.15 Million Shares to Date, Leaving $3.9 Million Capacity to Repurchase LOS ANGELES, CA, Aug. 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today that it continues to break multiple membership records. Contributing to this surge are new memberships associated with Tesla, LiveOne's largest customer.

LiveOne's Slacker Radio Breaks Four Month Record Adding 238K New Paid Members* Since April – a 53% Year-Over-Year Increase

- Special Senior Management Investor Webcast on Thursday, August 17, 2023 Regarding Business Developments and Upcoming Spinout and Dividend

LiveOne's PodcastOne (Courtside Group) Approved to Trade on NASDAQ

Deal Expands PodcastOne's Comedy and Sports With Schaub's Extensive Network and Library Which Includes The Fighter and The Kid, The Schaub Show, and The Golden Hour

PodcastOne and Brendan Schaub Announce Exclusive Three Year Partnership

LiveOne, Inc. (NASDAQ:LVO ) Q1 2024 Earnings Conference Call August 10, 2023 10:00 AM ET Company Participants Aaron Sullivan - Interim Chief Financial Officer Robert Ellin - Chief Executive Officer and Chairman Kit Gray - President of PodcastOne Josh Hallbauer - Head of Music Conference Call Participants Brian Kinstlinger - Alliance Global Partners Jon Hickman - Ladenburg Joseph Salino - Joseph Stone Capital Sean McGowan - ROTH MKM Operator Good morning or good afternoon all, and welcome to the LiveOne Inc. Q1 Fiscal 2024 Financial Results and Business Update Webcast. My name is Adam, and I will be your operator for today.

LiveOne, Inc. (LVO) Q1 2024 Earnings Call Transcript

LiveOne (LVO) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.02 per share a year ago.

LiveOne (LVO) Reports Q1 Loss, Misses Revenue Estimates

LiveOne's Senior Management Will Host a Live Conference Call and Audio Webcast Beginning at 10:00 A.M. ET on Thursday, August 10, 2023

LiveOne Reports Q1 Fiscal Year 2024 Revenue of $27.8M and Adjusted EBITDA* of $2.2M

- New Track “Man Down” by Canadian singer/songwriter ARDN Featured on Video Game Soundtrack of 36 Platinum Hitmakers, Including Jack Harlow, Wiz Khalifa, Armani White, Marshmello, GRAMMY®-nominee Chika and Kimbra

LiveOne Gamifies Publishing Division, Splitmind, Expands Into $347 Billion Gaming Market by Producing Feature Song “Man Down” for EA Sports'™ Madden NFL 24

News for LiveOne Stock (LVO)