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Partnership to extend LiveOne’s 100+ million range to 47 million additional connected TVs in North America via LG’s webOS and Vizio’s SmartCast
LOS ANGELES, Calif., May 15, 2023 (Globe Newswire) — via New Media Wire – live one (Nasdaq: LVOs), an award-winning creator-first music, entertainment and technology platform, today announced an exclusive content distribution agreement with. OTT studio, a leading streaming technology platform and CTV app publisher. LiveOne will be the exclusive music streaming provider for his OTT Studio, delivering LiveOne’s 600 expert-curated radio stations through his OTT’s new service. music plus application. The deal expands LiveOne’s distribution of premium audio and entertainment content to an additional 47 million of his CTVs in North America via LG’s webOS and Vizio’s SmartCast platform.
Patrick Markel, Senior Director of Business Development and Strategic Partnerships at LiveOne, said: Customers using the most popular streaming TV devices. ”
OTT Studio co-founder James Patrick commented: Combining our advanced CTV technology and audience growth engine with his LiveOne world-class product, the device is the premier speaker system in the home for unparalleled free live streaming and on-demand viewing. You will be able to provide your users with a musical experience. ”
The Music Plus app will launch on Roku and FireTV in Q3 2023, with LG’s webOS, Vizio’s SmartCast and other platforms later this year.
About Live One Co., Ltd.
LiveOne, Inc. (NASDAQ: LVOs) (the “Company”) is an award-winning, creator-first music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships, live and virtual events. is. The company’s wholly-owned subsidiaries include Slacker Radio, a subscription-based music streaming service, and his PodcastOne, which generates over 2.3 billion annual downloads, over 350 hours of weekly distribution, and over 14 million unique monthly listeners. increase. Nearly every new Tesla EV sold in the US comes with a paid membership to his Slacker Radio (which now includes his PodcastOne) on LiveOne, which Tesla pays for. As of April 11, 2023, we have a paid and free ad-supported member base of approximately 2.9 million*. The company won the Best Live Moment Award from Digiday for the PPV event “Social Globe”, as well as Best Live Event Award, Best Virtual Event Award, Best Overall Social Media Excellence Award, Cynopsis and has been a finalist for eight awards, including the Best Original Programming award. Digiday. As of February 9, 2023, the company has streamed over 2,900 artists, a library of 30 million songs, 600 hand-picked radio stations, over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized We have merchandise, released music-related NFTs. , has created valuable connections between fans, brands and bands. Our other wholly-owned subsidiaries include PPVOne, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, and LiveXLive, and our other majority-owned subsidiaries are Drumify and Splitmind. LiveOne is available through iOS, Android, Roku, Apple TV, Amazon Fire, and OTT, STIRR, XUMO. For more information, please visit: live one.com and follow us Facebook, Instagram, tick tock, YouTube and on Twitter @liveone.
About OTT Studio
Based in Venice, California, OTT Studio is a leading streaming technology platform and CTV app publisher. With a renowned portfolio of streaming brands such as Free Movies Plus and Christmas Plus, we have established ourselves as the largest independent ad-supported streaming service in the United States. OTT Studio offers innovative viewing experiences and cutting-edge technology designed to serve millions of monthly users across apps and FAST channels, maximize watch time, and increase advertising opportunities and revenue. is working to develop advertising technology for
Forward-Looking Statements
All statements other than statements of historical fact contained in this press release are “forward-looking statements” and often, but not always, “may”, “may” and “could”. may be identified by the use of words such as “likely”, “will”, “should”, “estimate”, “plan”, “plan”, “predict”, “intend”, “expect” ”, “anticipate”, “believe”, “seek”, “continue”, “goal” or the negative thereof or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. There is a nature. our ability to complete the proposed financing, acquisition, spin-out, special dividend, merger, distribution or transaction with Roth CH Acquisition V Co. (the “Proposed Business Combination”); the timing of the completion of any proposed event (including the risk that the conditions for the completion of such event will not be met within the expected timeframe, or not at all), or any proposed financing, acquisition, spin-out, merger, special dividend; , the non-occurrence of a distribution or closing of the transaction, or whether such an event would enhance shareholder value. PodcastOne or Slacker’s ability to list on domestic exchanges. our ability to continue as a going concern; our ability to attract, retain and increase the number of users and paying members; We identify, acquire, secure and develop content. our intention to repurchase our common stock from time to time under our announced share repurchase program, and the timing, price and quantity, if any, of any repurchases under that program; our ability to maintain compliance with certain financial and other terms; We have successfully executed our growth strategy, including that of our technology platforms and applications. Relationships between management and industry players. Impact of the global Covid-19 pandemic. uncertain and adverse outcome in legal proceedings; change in economic conditions; competition; risks and uncertainties applicable to the business of our subsidiaries; Other risks, uncertainties and factors are described in our Annual Report on Form 10-K for the fiscal year ended March 31, 2022 filed with the U.S. Securities and Exchange Commission (“SEC”). including, but not limited to: Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2022 dated June 29, 2022, filed with the SEC on February 14, 2023 and the Company’s other filings and filings with the SEC document. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update them, except as required by law. The Company intends that all forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
*Total number of paying members for the period reported includes certain members who are the subject of contractual disputes. LiveOne does not currently recognize any revenue related to these members.
No offer or solicitation
This notice does not constitute a proxy representation or a solicitation of a proxy, consent, vote or approval of any securities or proposed business combination, nor does it constitute an offer to sell or exchange, or the solicitation of an offer to sell or exchange Not a thing. No securities may be purchased or bartered. Nor may you sell, issue or transfer such securities in any state or jurisdiction where such offer, solicitation or sale prior to registration or qualification under the securities laws of that state or jurisdiction would be unlawful. it won’t work. . No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
press contact:
live one
press@liveone.com
IR contact of LiveOne:
giraffe smith
PCG Advisory
(646) 823-8656
ksmith@pcgadvisory.com
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