{"id":801480,"date":"2025-01-16T07:33:17","date_gmt":"2025-01-16T12:33:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/liveones-nasdaq-lvo-tesla-partnership-hits-milestone-500k-users-2\/"},"modified":"2025-01-16T07:33:17","modified_gmt":"2025-01-16T12:33:17","slug":"liveones-nasdaq-lvo-tesla-partnership-hits-milestone-500k-users-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/liveones-nasdaq-lvo-tesla-partnership-hits-milestone-500k-users-2\/","title":{"rendered":"LiveOne’s (NASDAQ: LVO) Tesla Partnership Hits Milestone 500K+ Users"},"content":{"rendered":"
\n

\n – Projects 550k+ Users by February 1st<\/strong>\n <\/p>\n

\n – Including 150K+ New Ad-Supported Subscribers <\/strong>\n <\/p>\n

\n – Limited Rollout to Tesla Cars, Expanding Rapidly<\/strong>\n <\/p>\n

\n – Utilizing AI and Data Mining to Monetize Database<\/strong>\n <\/p>\n

LOS ANGELES, Jan. 16, 2025 (GLOBE NEWSWIRE) — LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has reached a milestone of 500,000+ Tesla users. After an initial rollout to Tesla subscribers, the partnership will begin expanding the rollout this week.<\/p>\n

Robert Ellin, Chairman and CEO of LiveOne, commented, \u201cWe’re thrilled to see a large percentage of Tesla subscribers converting to LiveOne. Our company is quickly transforming into a formidable data company, leveraging AI and data mining to unlock new revenue streams. This milestone reinforces our confidence in securing additional B2B partnerships, similar to those with Spotify, Apple, Samsung, iHeart, Facebook, TikTok, and new partnerships with Fortune 500 media conglomerates, which we anticipate will generate $25M+ in revenues, as announced last Friday.\u201d<\/p>\n

\n About LiveOne<\/strong>
\n
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO<\/u><\/a>) is 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. LiveOne’s subsidiaries include Slacker Radio, PodcastOne (Nasdaq: PODC<\/u><\/a>), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne is available in Tesla vehicles and on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR\u2019s OTT applications. For more information, visit liveone.com<\/u><\/a> and follow us on Facebook<\/u><\/a>, Instagram<\/u><\/a>, TikTok<\/u><\/a>, YouTube<\/u><\/a> and Twitter at @liveone<\/u><\/a>. For more investor information, please visit ir.liveone.com<\/u><\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>
\n
All statements other than statements of historical facts contained in this press release are \u201cforward-looking statements,\u201d which may often, but not always, be identified by the use of such words as \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201cwill likely result,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cseek,\u201d \u201ccontinue,\u201d \u201ctarget\u201d or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: LiveOne\u2019s reliance on its largest OEM customer for a substantial percentage of its revenue; LiveOne\u2019s ability to consummate any proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction, the timing of the consummation of any such proposed event, including the risks that a condition to the consummation of any such event would not be satisfied within the expected timeframe or at all, or that the consummation of any proposed financing, acquisition, spin-out, merger, special dividend, distribution or transaction will not occur or whether any such event will enhance shareholder value; LiveOne\u2019s ability to continue as a going concern; LiveOne\u2019s ability to attract, maintain and increase the number of its users and paid members; LiveOne identifying, acquiring, securing and developing content; LiveOne\u2019s intent to repurchase shares of its and\/or PodcastOne\u2019s common stock from time to time under LiveOne\u2019s announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; LiveOne\u2019s ability to maintain compliance with certain financial and other covenants; LiveOne successfully implementing its growth strategy, including relating to its technology platforms and applications; management\u2019s relationships with industry stakeholders; LiveOne\u2019s ability to extend and\/or refinance its indebtedness and\/or repay its indebtedness when due; uncertain and unfavorable outcomes in legal proceedings and\/or LiveOne\u2019s ability to pay any amounts due in connection with any such legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of LiveOne\u2019s subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in LiveOne\u2019s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on July 1, 2024, Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, filed with the November 14, 2024, and in LiveOne\u2019s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and LiveOne disclaims any obligation to update these statements, except as may be required by law. LiveOne intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.<\/p>\n

\n LiveOne IR Contact:<\/strong>
\n
Liviakis Financial Communications, Inc.
(415) 389-4670
john@liviakis.com<\/u><\/a><\/p>\n

\n LiveOne Press Contact:<\/strong>
\n
LiveOne
press@liveone.com<\/u><\/a><\/p>\n

Follow LiveOne on social media: Facebook, Instagram, TikTok, YouTube, and Twitter at @liveone<\/u><\/a>.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

– Projects 550k+ Users by February 1st – Including 150K+ New Ad-Supported Subscribers – Limited Rollout to Tesla Cars, Expanding Rapidly – Utilizing AI and Data Mining to Monetize Database LOS ANGELES, Jan. 16, 2025 (GLOBE NEWSWIRE) — LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has reached a milestone of 500,000+ Tesla users. After an initial rollout to Tesla subscribers, the partnership will begin expanding the rollout this week. Robert Ellin, Chairman and CEO of LiveOne, commented, \u201cWe’re thrilled to see a large percentage of Tesla subscribers converting to LiveOne. Our company is quickly transforming into a formidable data company, leveraging AI and data mining to unlock new revenue streams. This milestone … <\/p>\n

Continue reading “LiveOne’s (NASDAQ: LVO) Tesla Partnership Hits Milestone 500K+ Users”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLiveOne's (NASDAQ: LVO) Tesla Partnership Hits Milestone 500K+ Users - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liveones-nasdaq-lvo-tesla-partnership-hits-milestone-500k-users-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LiveOne's (NASDAQ: LVO) Tesla Partnership Hits Milestone 500K+ Users - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"– Projects 550k+ Users by February 1st – Including 150K+ New Ad-Supported Subscribers – Limited Rollout to Tesla Cars, Expanding Rapidly – Utilizing AI and Data Mining to Monetize Database LOS ANGELES, Jan. 16, 2025 (GLOBE NEWSWIRE) — LiveOne (NASDAQ: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today that it has reached a milestone of 500,000+ Tesla users. After an initial rollout to Tesla subscribers, the partnership will begin expanding the rollout this week. Robert Ellin, Chairman and CEO of LiveOne, commented, \u201cWe’re thrilled to see a large percentage of Tesla subscribers converting to LiveOne. Our company is quickly transforming into a formidable data company, leveraging AI and data mining to unlock new revenue streams. 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