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LOS ANGELES, Jan. 02, 2025 (GLOBE NEWSWIRE) — LiveOne (Nasdaq: LVO), an award-winning, creator-driven platform for music, leisure and know-how, right this moment introduced that its subsidiary’s manufacturing Splitmind on SZA’s new Lana album Deluxe (NYSE:) successfully propelled SZA’s SOS to No. 1 on the Billboard chart.
About LiveOne
Headquartered in Los Angeles, California, LiveOne (Nasdaq: LVO) is an award-winning, creator-driven music, leisure and know-how platform centered on delivering premium experiences and content material worldwide by way of the by way of memberships and reside and digital occasions. LiveOne’s subsidiaries embrace Slacker Radio, PodcastOne (Nasdaq: PODC), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne is on the market in Tesla (NASDAQ:) autos and on iOS, Android, 12 months (NASDAQ:), Apple (NASDAQ:) TV, Spotify (NYSE:), Samsung (KS:), Amazon (NASDAQ:) Hearth, Android TV and thru STIRR’s OTT apps. For extra info, go to liveone.com and comply with us on Fb (NASDAQ:), Instagram, TikTok, YouTube and Twitter at @liveone. For extra investor info, please go to ir.liveone.com.
About Splitmind
Based by Aidan Midway Crotinger in 2020, Splitmind is a Los Angeles-based music collective made up of producers and writers from around the globe, together with multi-platinum producer and Grammy winner Jakik. Splitmind’s catalog consists of 40,000 copyrights and a couple of billion streams. Splitmind offers an infrastructure that permits creatives to share sounds whereas retaining their royalties, paving the way in which for long-term possession of their copyrights by producers. Splitmind is a majority-owned subsidiary of LiveOne (NASDAQ: LVO) and was acquired by LiveOne in 2023.
Ahead-looking statements
All statements aside from statements of historic reality contained on this press launch are forward-looking statements, which may usually, however not at all times, be recognized by way of phrases that will, may, will most likely end result, would, ought to, estimate , plan, challenge, foresee, intend, anticipate, anticipate, imagine, search, proceed, goal or the unfavorable of those phrases or different comparable expressions. These statements contain recognized and unknown dangers, uncertainties and different elements, which can trigger precise outcomes, efficiency or achievements to vary materially from these expressed or implied by such statements, together with: LiveOne’s reliance on in the direction of its largest OEM buyer for a considerable proportion of its turnover. ; LiveOne’s potential to consummate any proposed financing, acquisition, spin-off, particular dividend, merger, distribution or transaction, the timing of consummation of any such proposed occasion, together with the dangers {that a} situation to the prevalence of such occasion shouldn’t be glad throughout the anticipated timeframe or in any respect, or that the consummation of any proposed financing, acquisition, spin-off, merger, particular dividend, distribution or transaction won’t happen or if a such occasion will enhance shareholder worth ; LiveOne’s potential to proceed its enterprise; LiveOne’s potential to draw, keep and enhance the variety of its paying customers and members; LiveOne identifies, acquires, secures and develops content material; LiveOne’s intention to repurchase shares of its frequent inventory and/or PodcastOne occasionally underneath LiveOne’s introduced inventory repurchase program and the timing, worth and amount of repurchases, if any , as a part of this system; LiveOne’s potential to take care of compliance with sure monetary and different commitments; LiveOne efficiently implementing its development technique, significantly with respect to its know-how platforms and functions; administration’s relationships with trade stakeholders; LiveOne’s potential to increase and/or refinance its indebtedness and/or repay its indebtedness when due; unsure and antagonistic outcomes of authorized proceedings and/or LiveOne’s potential to pay quantities owed in such authorized proceedings; adjustments in financial circumstances; competitors; dangers and uncertainties relevant to the actions of LiveOne subsidiaries; and different dangers, uncertainties and elements, together with, however not restricted to, these described in LiveOne’s Annual Report on Kind 10-Ok for the fiscal yr ended March 31, 2024, filed with the Securities and Trade United States Fee (the SEC) on July 1. , 2024, Quarterly Report on Kind 10-Q for the quarter ended September 30, 2024, filed on November 14, 2024 and in LiveOne’s different filings and submissions with the SEC. These forward-looking statements converse solely as of the date hereof and LiveOne undertakes no obligation to replace these statements, besides as required by legislation. LiveOne intends that each one forward-looking statements will probably be topic to the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995.
LiveOne IR Contact:
Liviakis Monetary Communications, Inc.
(415) 389-4670
john@liviakis.com
LiveOne press contact:
LiveOne
presse@liveone.com
Comply with LiveOne on social media: Fb, Instagram, TikTok, YouTube and Twitter at @liveone.
Supply: Liveone, Inc.
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