LiveOne (Nasdaq: LVO) Announces Strategic Price Raise After 10 Years of Stability [Yahoo! Finance]
LiveOne, Inc. (LVO)
Company Research
Source: Yahoo! Finance
LOS ANGELES, CA - ( NewMediaWire ) - April 30, 2024 - LiveOne (NASDAQ: LVO) an award-winning, creator-first music, entertainment, and technology platform today announced a targeted price refinement of $0.50-$1 for select membership offerings, significantly below recent industry benchmarks. This adjustment marks the first price change in a decade and demonstrates the company's commitment to continued innovation and progression. With over 3.7 million ad-supported and paid members, including 1.7 million Tesla owners, LiveOne is poised to capitalize on the projected growth of the music streaming market from $35 billion to over $100 billion by 2030. This price refinement will enable the company to: Expand its slate of original content Enhance live streaming and pay-per-view experiences Advance cutting-edge AI initiatives Broaden channel expansion and music publishing endeavors Strengthen Celebrity Brand collaborations Continue to expand and monetize partnership pipeline of
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LVO
Earnings
- 2/8/24 - In-Line
LVO
Sec Filings
- 5/14/24 - Form 424B5
- 5/14/24 - Form 8-K
- 4/30/24 - Form 10-Q/A
- LVO's page on the SEC website