Slacker

LiveOne (Nasdaq: LVO) Subsidiary Slacker Radio Hits All Time High Country Music Usage, Helping to Increase Revenue 300% and Driving a Remarkable 800% Increase in Share of Female Country Artists Across Radio Programming

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월요일, 4월 15, 2024
Slacker, Radio, News, Country, Content, Increase, Ageing, Music, LOS, LVO, LiveOne, Name, ATH

LOS ANGELES, CA, April 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, continues its commitment to gender and racial diversity in its country music programming and announces results from 5-year initiative.

Key Points: 
  • - Management Guides Slacker Radio to $85M and $20M Adjusted EBITA for FY2025; a 4X Revenue Growth and Increase of $30M Adjusted EBITA since Acquisition in 2018
    LOS ANGELES, CA, April 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO ), an award-winning, creator-first music, entertainment, and technology platform, continues its commitment to gender and racial diversity in its country music programming and announces results from 5-year initiative.
  • News, Sports, DJ Cuts, and Artist Stories can be customized and dynamically sequenced across Slacker's 500+ expertly curated stations for a fraction of the cost relative to traditional radio programming.
  • Slacker Radio owns 30+ patents related to its proprietary sequencing technology.
  • Slacker Radio has over 50 hosted and curated Country radio stations, LVO has streamed over 20 live country events and 60+ artists since 2018, with the biggest names in music including Taylor Swift, Beyoncé, Carly Pearce, Trisha Yearwood, Kelsea Ballerini, Lainey Wilson, Danielle Bradbury, Laci Kaye Booth and many more.

LiveOne (Nasdaq: LVO) Announces First Time Slacker Radio Guidance of $80M in Revenue and $20M in Adjusted EBITDA for Fiscal Year 2025, Beginning April 1st, 2024

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목요일, 2월 29, 2024
Radio, LOS, LVO, Slacker

LOS ANGELES, CA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO)

Key Points: 
  • - Slacker Radio Added Another 50,000 Memberships in February.
  • Memberships Now Exceed 3.6M with 760,000 New Members Added Year-Over-Year.
  • Memberships have Grown over 800% Since Acquisition
    - Slacker Radio Revenue has Increased 225% Since Acquiring from $20M to over $65M in Fiscal Year 2024 ending March 31st, 2024
    LOS ANGELES, CA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO)

LiveOne (Nasdaq: LVO) Reports Q3 Fiscal Year 2024 Record Revenue of $31.2M and Adjusted EBITDA* of $3.3M, Memberships Increased 687K (+36% YoY)

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목요일, 2월 8, 2024
Slacker, Radio, Acquisition, LVO, Conference, Growth, LiveOne, Sale, Adjustment, PODC, Division, Total, J. P. Morgan, LOS, Music, Mobile phone

ET on Thursday, February 8, 2024

Key Points: 
  • ET on Thursday, February 8, 2024
    LOS ANGELES, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne ( Nasdaq: LVO ), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the third fiscal quarter of its fiscal year ending March 31, 2024 (“Q3 Fiscal 2024”).
  • LiveOne’s CEO and Chairman, Robert Ellin, commented, “I’m thrilled to announce our continued success and growth across all divisions.
  • As we approach the end of Fiscal Year 2024, we are not only meeting but exceeding our targets.
  • Q3 FY 24 and Q2 FY23 Results Summary (in $000’s, except per share; unaudited)

LiveOne (Nasdaq: LVO) Issues Fiscal 2025 Revenue Guidance of $140 - $155M with $16 - $20M of Adjusted EBITDA*

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화요일, 12월 19, 2023
Music, Radio, LVO, Slacker, PODC, LOS

LiveOne owns 100% of Slacker Radio and ~80% of PodcastOne’s outstanding common stock.

Key Points: 
  • LiveOne owns 100% of Slacker Radio and ~80% of PodcastOne’s outstanding common stock.
  • Robert Ellin, Chairman and CEO of LiveOne, commented, "We are extremely excited to give our investors the first forward guidance for our fiscal year ending March 31, 2025.
  • LiveOne also recently raised revenue guidance for its fiscal year ending March 31, 2024 to $118M - $120M.
  • LiveOne will review the stock repurchase program periodically and may authorize adjustment of its terms and size.

LiveOne (NASDAQ: LVO) Pre-Announces Its Slacker Subsidiary Results; Expected to Deliver Record Six Months Revenue of $31.5M and Adjusted EBITDA* of $9.1M

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월요일, 10월 30, 2023
Adjustment, LOS, ET, LVO, Transport, Electronics, Webcast, Automotive industry, Slacker, LiveOne, Consumer electronics, PT

LOS ANGELES, CA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today certain preliminary and unaudited results for its wholly owned Slacker subsidiary for the first six months ended September 30, 2023 (“Q2 Fiscal 2024”), as well as updated revenue and Adjusted EBITDA* guidance for Slacker for its full fiscal year ending March 31, 2024.

Key Points: 
  • LiveOne's senior management will host a live conference call and audio webcast to provide a business update on Slacker beginning at 10:30 a.m.
  • ET / 7:30 a.m. PT on Wednesday, November 1, 2023.
  • The webcast can also be accessed at: https://events.q4inc.com/attendee/761198511
    The select anticipated financial results discussed in this press release are based on management's preliminary unaudited analysis of financial results Q2 Fiscal 2024.
  • The estimated preliminary unaudited financial results contained in this press release are based only on currently available information as of the date hereof.

Roth CH Acquisition V Co. and Slacker Announce Expiration of Letter of Intent

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월요일, 10월 30, 2023
Professional Services, Advertising, Entertainment, Communications, Online, Music, Finance, Sale, Letter, LVO, Risk, Slacker, Property management

Roth CH Acquisition V Co. (the “Company” or “ROCL”) announced today that the exclusivity in its letter of intent with Slacker, Inc., LiveOne’s (Nasdaq: LVO) wholly owned subsidiary (“Slacker”), has expired and the parties have mutually agreed to terminate discussions with respect to a potential transaction to acquire Slacker.

Key Points: 
  • Roth CH Acquisition V Co. (the “Company” or “ROCL”) announced today that the exclusivity in its letter of intent with Slacker, Inc., LiveOne’s (Nasdaq: LVO) wholly owned subsidiary (“Slacker”), has expired and the parties have mutually agreed to terminate discussions with respect to a potential transaction to acquire Slacker.
  • As a result, ROCL is currently exploring opportunities with other potential merger candidates in order to complete its business combination.
  • This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and search for an initial business combination.
  • The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

LiveOne (NASDAQ: LVO) Announces Expected Fiscal Q2 2024 Record Revenue of $28M+ and $2.5M Adjusted EBITDA* with Trailing Six-Month Revenue of $55M and $4.7M Adjusted EBITDA*

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목요일, 10월 19, 2023
Adjustment, LiveOne, LVO, Securities and Exchange Commission (Nigeria), Radio, PODC, Slacker, LOS

The select anticipated financial results discussed in this press release are based on management's preliminary unaudited analysis of financial results Q2 Fiscal 2024.

Key Points: 
  • The select anticipated financial results discussed in this press release are based on management's preliminary unaudited analysis of financial results Q2 Fiscal 2024.
  • As of the date of this press release, LiveOne has not completed its financial statement reporting process for Q2 Fiscal 2024, and LiveOne's independent registered accounting firm has not audited the preliminary financial results discussed in this press release.
  • The estimated preliminary unaudited financial results contained in this press release are based only on currently available information as of the date hereof.
  • LiveOne will review the stock repurchase program periodically and may authorize adjustment of its terms and size.

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

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목요일, 8월 31, 2023
Business development, Marketing, Windows Mobile, Head, LiveOne, Sports equipment, Microsoft, Automotive industry, Portable Media Center, DTS, VR, SAP Concur, Zune, Radio, LVO, Slacker, Video game, Microsoft Windows, Xbox

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.

Key Points: 
  • 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 brings a wealth of industry experience to Slacker Radio.

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

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목요일, 8월 10, 2023
Music, Letter, Repurchase agreement, Sale, EBITDA, Acquisition, Russell, Growth, LOS, Adjustment, Conference, Total, Wine, J. P. Morgan, LVO, Slacker, Cryptocurrency, LiveOne

LOS ANGELES, CA, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the first fiscal quarter of its fiscal year ending March 31, 2024 (“Q1 Fiscal 2024”).  LiveOne’s CEO and Chairman, Robert Ellin, commented, “We are thrilled with the exceptional start to our fiscal year 2024. We are seeing hockey stick growth across both our Slacker and PodcastOne subsidiaries, and expect this growth to continue through the balance of the year.”

Key Points: 
  • ET on Thursday, August 10, 2023
    LOS ANGELES, CA, Aug. 10, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -LiveOne ( Nasdaq: LVO ), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the first fiscal quarter of its fiscal year ending March 31, 2024 (“Q1 Fiscal 2024”).
  • LiveOne’s CEO and Chairman, Robert Ellin, commented, “We are thrilled with the exceptional start to our fiscal year 2024.
  • LiveOne launched its first celebrity brand wine, "Birthday Sex" Chardonnay , in collaboration with Grammy-nominated R&B artist Jeremih and renowned Napa Valley/Sonoma winemaker Russell Bevan.
  • Q1 Fiscal 2024 vs Q1 Fiscal 2023 Results Summary (in $000’s, except per share; unaudited)

LiveOne Reports Fiscal Year 2023 Revenue of $99.6M and Record Adjusted EBITDA* of $10.9M, a $24.4M Improvement Year-Over-Year

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화요일, 6월 27, 2023
Music, Letter, Contribution margin, Sale, EBITDA, Acquisition, LOS, Adjustment, Conference, Total, J. P. Morgan, LVO, Fiscal, Security (finance), Cryptocurrency, LiveOne, Slacker

LOS ANGELES, CA, June 27, 2023 (GLOBE NEWSWIRE) --  via NewMediaWire - LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the fourth fiscal quarter (“Q4 Fiscal 2023”) and fiscal year ended March 31, 2023 (“Fiscal 2023”).

Key Points: 
  • ET on Tuesday, June 27, 2023
    LOS ANGELES, CA, June 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - LiveOne ( Nasdaq: LVO ), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operating results for the fourth fiscal quarter (“Q4 Fiscal 2023”) and fiscal year ended March 31, 2023 (“Fiscal 2023”).
  • In Fiscal 2023, LiveOne posted consolidated revenue of $99.6 million, as well as Contribution Margin* of $32.8 million.
  • **
    LiveOne’s wholly-owned subsidiary, PodcastOne , posted record Fiscal 2023 revenue of $34.6 million and revenue of $8.8 million in Q4 Fiscal 2023 as U.S. unique monthly audience surpassed 5 million.
  • Q4 Fiscal 2023 and 2022 and Fiscal 2023 and 2022 Results Summary (in $000’s, except per share; unaudited)