LiveXLive

LiveOne Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Friday, July 22, 2022
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LOS ANGELES, July 22, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today that on July 21, 2022, it received a letter from the The Nasdaq Stock Market LLC informing it that Nasdaq has confirmed that LiveOne has regained compliance with the $1.00 per share minimum bid price requirement pursuant to Nasdaq Listing Rule 5450(a)(1) and that LiveOne's common stock will continue to be listed on The NASDAQ Capital Market.

Key Points: 
  • LOS ANGELES, July 22, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today that on July 21, 2022, it received a letter from the The Nasdaq Stock Market LLC informing it that Nasdaq has confirmed that LiveOne has regained compliance with the $1.00 per share minimum bid price requirement pursuant to Nasdaq Listing Rule 5450(a)(1) and that LiveOne's common stock will continue to be listed on The NASDAQ Capital Market.
  • LiveOne was previously notified by Nasdaq onApril 1, 2022that it was not in compliance with Nasdaq's minimum bid price rule because its common stock failed to meet the closing bid price of$1.00or more for 30 consecutive business days.
  • In order to regain compliance with the Rule, LiveOne was required to maintain a minimum closing bid price of$1.00or more for at least 10 consecutive trading days.
  • This requirement was met onJuly 20, 2022, the tenth consecutive trading day when the closing bid price of LiveOne's common stock was over$1.00.

LiveOne's Wholly Owned Subsidiary PodcastOne Closes $8.1 Million Financing at a Pre-Money Valuation of $60 Million as Part of Its Intention to Spin-Out PodcastOne as a Separate Public Company Before Year End

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Friday, July 15, 2022
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PodcastOne is the leading advertiser-supported on-demand digitalpodcast company, offering a 360-degree solution for both content creators and advertisers, including content development, brand integration and distribution.

Key Points: 
  • PodcastOne is the leading advertiser-supported on-demand digitalpodcast company, offering a 360-degree solution for both content creators and advertisers, including content development, brand integration and distribution.
  • IAB also forecasts that the market will exceed $2 billion in 2022 and will be over $4 billion by 2024.
  • The company is one of only two independent podcasting publishers in the top 10 of Podtrac's list of Top Publishers .
  • The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

LIVEONE EXPANDS CONTENT & DISTRIBUTION PARTNERSHIP WITH REACHTV

Retrieved on: 
Thursday, July 14, 2022
Technology, DEAL, Program, Annual report, LOS, The Tonight Show, The Adam Carolla Show, SNL, Social media, IOS, Private Securities Litigation Reform Act, Sport, The Kelly Clarkson Show, Fast Company, TikTok, AMC, U.S. Securities and Exchange Commission, SEC, Roku, OTT, Radio, Apple TV, Company, CEO, Slacker, Partnership, LiveXLive, COVID-19, LVO, T-Pain, Non-fungible token, Advertising, STIRR, PPV, Instagram, Music, Chief executive officer, NASDAQ, Television, Live Nation Entertainment, Podcast, Compliance, Acquisition, Android, Today (American TV program), NBCU, Nielsen, Twitter, Ink (company), NFL, Airport, Amazon Fire tablet, Video game, PodcastOne, Facebook

LOS ANGELES, July 14, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today an expanded multi-year content and distribution partnership with ReachTV. LiveOne's music, entertainment and vodcast/podcast video content will be featured across ReachTV's growing global network, including ReachTV's in airport network, which boasts a reach of 40+ million Nielsen rated viewers every month. Additionally, LiveOne and ReachTV will join forces to develop and produce new content and formats including podcasts/vodcasts, pay-per-view events, original TV series and more. The partnership will also offer LiveOne and its talent access to shoot in ReachTV's Miami-based studio.

Key Points: 
  • Hotel Rooms
    LOS ANGELES, July 14, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today an expanded multi-year content and distribution partnership with ReachTV.
  • Additionally, LiveOne and ReachTV will join forces to develop and produce new content and formats including podcasts/vodcasts, pay-per-view events, original TV series and more.
  • The partnership will also offer LiveOne and its talent access to shoot in ReachTV's Miami-based studio.
  • Together we will provide travelers with additional opportunities to watch their favorite content distributed across screens in hotels and airports," said Robert Ellin, CEO and Chairman of LiveOne.

LIVEONE EXPANDS EMERGING TALENT PROGRAM, LAUNCHES "ONERISING"

Retrieved on: 
Thursday, July 7, 2022
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LOS ANGELES, July 7, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today the launch of its new emerging artists program, OneRising, breaking up-and-coming talent across the music landscape. Additionally, LiveOne has rolled-out the OneRising Radio station across its platform that offers artists promotional opportunities on par with some of the world's biggest talent.

Key Points: 
  • Additionally, LiveOne has rolled-out the OneRising Radio station across its platform that offers artists promotional opportunities on par with some of the world's biggest talent.
  • The year-long program will provide today's hottest emerging talent with a global network to showcase their music, videos, interviews, first looks, new music teasers and more.
  • "LiveOne has a rich history of breaking new talent to global audiences," said Josh Hallbauer, Head of Music Publishing of LiveOne.
  • LiveOne is the go-to platform for emerging talent, offering avenues for new artists to flourish through live performances, livestreams, pay-per-views, NFTs, the metaverse and more.

LIVEONE AND ZYNC ANNOUNCE MULTI-YEAR PARTNERSHIP TO ENABLE MILLIONS OF VEHICLES WITH IMMERSIVE AUDIO & VISUAL MUSIC ENTERTAINMENT EXPERIENCES

Retrieved on: 
Tuesday, July 5, 2022
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LOS ANGELES, July 5, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), a creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today it partnered with the leading in-car entertainment platform ZYNC to exclusively deliver personalized in-car audio and video music entertainment. The deal will see LiveOne's streaming content roll out on ZYNC-enabled Mercedes-Benz vehicles in late 2022 - with additional electric and autonomous driving vehicles to be announced later this year.

Key Points: 
  • "We are excited to partner with ZYNC to deliver our streaming video and audio music content through their cutting-edge in-car digital entertainment platform," said Dermot McCormack, President, LiveOne.
  • "ZYNC customers will have the opportunity to unlock a universe of digital experiences from LiveOne including live concerts, vodcasts, pay-per-view events, festivals and virtual meet and greets.
  • This partnership truly elevates the time spent in our cars and gives consumers the ultimate personalized immersive in-car experience."
  • "Music has been inextricably linked to the automotive experience since the first car radio was introduced in 1922," said Rana June (RJ), CEO of ZYNC.

LiveOne to Announce Fourth Quarter and Fiscal 2022 Financial Results After Market Close on Tuesday, June 28, 2022

Retrieved on: 
Monday, June 27, 2022
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LOS ANGELES, June 27, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), a creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, plans to announce its operating and financial results for the fourth quarter ended March 30, 2022 and fiscal 2022 after the close of the U.S. financial markets on Tuesday, June 28, 2022. 

Key Points: 
  • LiveOne's senior management will host a live conference call and audio webcast to provide a business update and discussits operating and financialresultsbeginning at 10:00 a.m.
  • ET / 7:00 a.m. PT on Wednesday, June 29, 2022.
  • The webcast can also be accessed at: https://events.q4inc.com/attendee/554183287
    Headquartered in Los Angeles, California, LiveOne, Inc .
  • LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO.

LiveOne Completed the Repurchase of Approximately 1.2 Million Shares of Its Common Stock Totaling $1 Million

Retrieved on: 
Tuesday, June 21, 2022
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LOS ANGELES, June 21, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), a creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today that it expects that by the close of trading today, it will have completed the repurchase of approximately 1,200,000 shares of its common stock for approximately $1,000,000 under the current portion of its stock repurchase program.

Key Points: 
  • Repurchases of up to 2,000,000 of LiveOne's shares of common stock have been previously authorized by its board of directors.
  • Separately, LiveOne announced that it has settled over $2 million in payables in the current 2023 fiscal first quarter ending June 30, 2022.
  • The Company currently has cash and cash equivalents totaling approximately $14 million.
  • The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

LIVEONE AND 131 LIVE ANNOUNCE GLOBAL PAY-PER-VIEW PERFORMANCE BTBT: PERFORMANCE FANCON FOR K-POP RAPPER B.I

Retrieved on: 
Monday, June 13, 2022
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The live PPV event is scheduled for June 25th 11 PM EDT / June 26th at 12 PM KST, with rewatch tickets also available.

Key Points: 
  • The live PPV event is scheduled for June 25th 11 PM EDT / June 26th at 12 PM KST, with rewatch tickets also available.
  • The full fan con PPV performance on LiveOne will offer fans a deeper experience with exclusive behind-the-scenes footage.
  • "LiveOne is thrilled to continue its partnership with B.I and his team," said Robert Ellin, CEO and Chairman of LiveOne.
  • "B.I's previous PPV performance for his album Waterfall was a global success and his music continues to top LiveOne's charts.

LIVEONE TO PRESENT AT THE LD MICRO INVITATIONAL XII CONFERENCE ON WEDNESDAY, JUNE 8TH AT 3:00 PM ET / 12:00 PM PT

Retrieved on: 
Thursday, June 2, 2022
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The in-person conference is being held at the Four Seasons Hotel in Westlake Village, California.

Key Points: 
  • The in-person conference is being held at the Four Seasons Hotel in Westlake Village, California.
  • To register for the free live webcast of the virtual event, visit: https://ldinv12.mysequire.com/ .
  • LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO.
  • For more information, visit www.liveone.com and follow us on Facebook , Instagram , TikTok , and Twitter at @liveone .

The Robert Randolph Foundation announces JUNETEENTH UNITYFEST 2022, a national experience uniting diverse voices in commemoration and celebration of Juneteenth and Black culture

Retrieved on: 
Wednesday, June 1, 2022
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BROOKLYN, N.Y., June 1, 2022 /PRNewswire/ -- The Robert Randolph Foundation is pleased to announce the second annual JUNETEENTH UNITYFEST, a national, multicultural experience, uniting diverse voices and communities in commemoration and celebration of Juneteenth and Black culture. Broadcast live around the world from Brooklyn, NY, UNITYFEST 2022 will include multiple entertainment, arts education and community activism events, including the JUNETEENTH UNITYFEST Concert taking place at BRIC Celebrate Brooklyn! at the Lena Horne Bandshell at Prospect Park. Falling on Father's Day Sunday, the event will feature performances by some of the world's leading gospel artists, including Tye Tribbett, Deborah Cox, Israel Houghton, Mali Music, and more, and celebrate themes of inspiration, faith, and fatherhood in Black culture and beyond.

Key Points: 
  • "Juneteenth is a day to remember America's past, recognize the resilience and strength of Black people, and celebrate the progress we have made," commented Robert Randolph, founder of the Robert Randolph Foundation.
  • UNITYFEST will celebrate the breadth and depth of Black culture and Juneteenth as a uniquely American experience, while providing a platform to unite a coalition of charitable grassroots organizations.
  • "Last year, we witnessed this festival bring a diverse group of individuals together celebrating Black culture and educating viewers on Black history.
  • "We're so excited and privileged to be working with Robert and UNITYFEST for this inaugural Juneteenth event," saidDiane Eber,BRIC Celebrate Brooklyn!