LiveXLive

LiveOne Heads Back To Miami For Music Lives: Ballerfest In Collaboration With Vaunt For Music Lives Festival; Event To Showcase Music And Sports

Retrieved on: 
Tuesday, November 2, 2021

In addition to Music Lives: Ballerfest, FIBA, in partnership with VAUNT and in collaboration with LiveOne, will bring the US Men's National Team and Tokyo 2020 Olympic Gold US Women's National Team -- along with 18 Countries represented by the best 3x3 national teams in Americas -- to Miami for the first-ever FIBA 3x3 AmeriCup.

Key Points: 
  • This boundary-pushing inaugural event is setting the stage for a new global festival experience and will be livestreamed on LiveOne's LiveXLive platform.
  • The lineup for Music Lives: Ballerfest is expansive, spanning across Afrobeat, EDM, Hip Hop, Latin, R&B and country music.
  • "We are proud to bring Music Lives back for its 3rd and most ambitious iteration yet," said Dermot McCormack, President of LiveOne.
  • "It gives VAUNT pride to partner with FIBA and LiveXLive for a diverse lineup and incredible surprises planned this November in Miami."

LiveOne To Hold Press Conference For Media; Existing Shareholders And Analysts On Thursday, November 4, 2021 At 4:15 PM ET/1:15 PM PT

Retrieved on: 
Thursday, October 28, 2021

LiveOne is slated to announce the evolution of its business model launching in the calendar year 2022.

Key Points: 
  • LiveOne is slated to announce the evolution of its business model launching in the calendar year 2022.
  • LiveOne has the first talent-centric platform focused on superfans and building long-term franchises in on-demand audio and video, podcasting, vodcasting, OTT linear channels, pay-per-view, and livestreaming.
  • LiveOne raised revenue guidance for its 2022 fiscal year based on strength in its core businesses.
  • 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 Announces Record 6-Month Revenue of $60.7 Million, Up 142%, and Second Quarter Revenue of $21.9 Million, Up 51%

Retrieved on: 
Thursday, October 28, 2021

The $2.6 million increase was largely due to the addition of corporate personnel to support future growth and increased stock-based compensation.

Key Points: 
  • The $2.6 million increase was largely due to the addition of corporate personnel to support future growth and increased stock-based compensation.
  • Q2 Fiscal 2022 AOL* was comprised of Operations AOI* of $1.2 million and Corporate AOL* of ($3.2) million.
  • The Operations AOI* of $1.2 million was driven by Contribution Margin of $5.9 million, offset by operating expenses of $4.7 million.
  • At September 30, 2021, LiveOne had $16.7 million in cash and cash equivalents, which includes restricted cash of $0.3 million.

LiveOne to Announce Second Quarter Fiscal 2022 Financial Results and Host Investor Webcast on October 28th

Retrieved on: 
Friday, October 22, 2021

LiveOne has the first talent-centric platform focused on superfans and building long-term franchises in on-demand audio and video, podcasting, vodcasting, OTT linear channels, pay-per-view, and livestreaming.

Key Points: 
  • LiveOne has the first talent-centric platform focused on superfans and building long-term franchises in on-demand audio and video, podcasting, vodcasting, OTT linear channels, pay-per-view, and livestreaming.
  • Its model includes multiple monetization paths including subscription, advertising, sponsorship, merchandise sales, licensing, and ticketing.
  • LiveOne raised revenue guidance for its 2022 fiscal year based on strength in its core businesses.
  • The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

The General Awards $25,000 NAACP Powershift Entrepreneur Grant as Part of Second Annual Black Entrepreneurs Day Event

Retrieved on: 
Tuesday, October 19, 2021

NASHVILLE, Tenn., Oct. 19, 2021 /PRNewswire/ --On October 14, amid Black Entrepreneurs Day celebrations and speakers, The General Insurance awarded its second annual $25,000 NAACP Powershift Entrepreneur Grant to rising Black entrepreneur Phil Terrill, CEO and founder of Minnesota-based company SoleSafe, a company dedicated to providing quality insurance for shoes.

Key Points: 
  • NASHVILLE, Tenn., Oct. 19, 2021 /PRNewswire/ --On October 14, amid Black Entrepreneurs Day celebrations and speakers, The General Insurance awarded its second annual $25,000 NAACP Powershift Entrepreneur Grant to rising Black entrepreneur Phil Terrill, CEO and founder of Minnesota-based company SoleSafe, a company dedicated to providing quality insurance for shoes.
  • This grant was awarded in partnership with the NAACP and was announced during the live-streamed Black Entrepreneurs Day event, curated by Daymond John.
  • "It's been our honor to support Black Entrepreneurs Day and the NAACP Powershift Entrepreneur Grant again this year," said Azali.
  • "I am honored and beyond grateful to The General and the NAACP for selecting me and SoleSafe as a 2021 grant recipient," said Terrill.

LiveOne's Podcastone And Jordan Harbinger Strike High Seven-Figure Renewal Deal For Top-Rated The Jordan Harbinger Show

Retrieved on: 
Tuesday, October 19, 2021

The Jordan Harbinger Show launched with the network in 2018 and is available on PodcastOne , Apple, Spotify, Amazon, Facebook and wherever podcasts are heard.

Key Points: 
  • The Jordan Harbinger Show launched with the network in 2018 and is available on PodcastOne , Apple, Spotify, Amazon, Facebook and wherever podcasts are heard.
  • PodcastOne is the parent company of LaunchpadOne, an innovative self-serve platform developed to launch, host, distribute and monetize independent user-generated podcasts.
  • PodcastOne is the brainchild of Radio Hall of Famer, Norm Pattiz, also the founder of Network Radio-giant, Westwood One.
  • The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

ZASH Global Media and Lomotif Launch LoMo Records Label and Artist Services

Retrieved on: 
Monday, October 18, 2021

LOS ANGELES, Oct. 18, 2021 /PRNewswire/ -- ZASH Global Media and Lomotif announced today the launch of LoMo Records, a Los Angeles based independent immersive record label.

Key Points: 
  • LOS ANGELES, Oct. 18, 2021 /PRNewswire/ -- ZASH Global Media and Lomotif announced today the launch of LoMo Records, a Los Angeles based independent immersive record label.
  • In addition, LoMo Records will leverage ZASH's entire ecosystem including dramatically expanding the artists global reach through their proprietary social media accelerator platform under AdRizer.
  • LoMo Records will give artists premiere access to its tens of millions of monthly users on the Lomotif platform and provide artists with cutting edge, patented Lomotif remixing tools.
  • In addition to the agreement with Lomotif, ZASH has made a number of moves in the media and entertainment industry.

LiveOne's LiveXLive To Exclusively Stream The iHeartCountry Album Release Party With Zac Brown Band In Celebration Of "The Comeback"

Retrieved on: 
Monday, October 18, 2021

LiveOne's other major wholly-owned subsidiaries are LiveXLive , PPVOne, Slacker Radio , React Presents , CPS, and PodcastOne .

Key Points: 
  • LiveOne's other major wholly-owned subsidiaries are LiveXLive , PPVOne, Slacker Radio , React Presents , CPS, and PodcastOne .
  • PodcastOne generates more than 2.38 billion downloads per year and 300+ episodes distributed per week across a stable of hundreds of top podcasts.
  • The combination of acquisitions and the expansion of products and franchises have secured LiveOne as a top-rated music, entertainment and media services company.
  • 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 Completes 6th Acquisition By Acquiring Artist And Brand Development Company, Gramophone Media, Inc.

Retrieved on: 
Monday, October 18, 2021

The acquisition is expected to be immediately accretive to LiveOne's earnings and strengthen LiveOne's balance sheet.

Key Points: 
  • The acquisition is expected to be immediately accretive to LiveOne's earnings and strengthen LiveOne's balance sheet.
  • Gramophone is a New York City-based artist and brand development company comprised of boutique agencies, which specializes in representing aspiring artists and offering services in PR, strategic marketing, brand positioning, graphic design, and social media management.
  • The company is known for its innovative work discovering and breaking international acts like K-pop sensations BTS & Monsta X, as well as its unique approach to public relations and artist development.
  • Robert Ellin, LiveOne's CEO and Chairman, commented, "The acquisition of Gramophone creates a new and exciting business vertical for LiveOne.

Global Superstar Armando Christian Perez (Pitbull) Joins Forces with Top Phone Grip Maker, SpiiderGriip®, As Advisor and Strategic Partner

Retrieved on: 
Thursday, October 14, 2021

CHARLOTTE, N.C., Oct. 14, 2021 /PRNewswire/ -- SpiiderGriip today announces its affiliation with Global Superstar Armando Christian Prez (Pitbull).

Key Points: 
  • CHARLOTTE, N.C., Oct. 14, 2021 /PRNewswire/ -- SpiiderGriip today announces its affiliation with Global Superstar Armando Christian Prez (Pitbull).
  • The partnership brings Armando on as a strategic partner and advisor for SpiiderGriip, a company that has seen continued growth and success in the phone grip category since launching in late 2019.
  • Armando Christian Perez is a GRAMMY-winning independent international superstar, education advocate, business entrepreneur and motivational speaker.
  • Pitbull invites disruption on a global scale as a GRAMMY-winning independent international superstar, education advocate, business entrepreneur and motivational speaker.