LiveOne recognized alongside Amazon Music, Apple Music, SiriusXM, Spotify, YouTube Music
LOS ANGELES, April 11, 2022 /PRNewswire/ — Live One (Nasdaq: LVO), a creator-driven music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live events and virtual, announced today that she has been recognized as one of the “Best Android Music Apps for 2022” by PCMag. This recognition places LiveOne alongside other music streaming notables like Amazon Music, Apple Music, SiriusXM, Spotify and YouTube Music.
PCMag said: “Organized channels, clever DJ hosts and a clever overall design make [LiveOne] one of our top picks for music streaming services.”
“To be recognized as the best Android music app by PC Magazine is a great honor,” said Robert Ellin, Chairman and CEO of LiveOne. “PC Mag represents all that is relevant in the world of technology and entertainment, and their praise is the ultimate validation of our app and platform. As we continue to expand our flywheel, we know that the best in organized entertainment begins and ends with LiveOne.”
For the past two years, PC Mag has also recognized LiveOne as one of the top 10 “best online music streaming services” and “one of the most comprehensive music streaming services on the market today.” and LiveOne received the PC Mag Editors’ Choice award.
LiveOne is the premier talent-centric platform focused on superfans and building long-term franchises in audio and video on demand, podcasting, vodcasting, OTT linear channels, pay-per-view, NFT and live streaming. Its unique model includes multiple monetization avenues including subscription, advertising, sponsorship, merchandise sales, licensing, and ticketing. For more information on LiveOne, please visit www.liveone.com.
About LiveOne, Inc.
Based at Los Angeles, California, Live One, Inc. (NASDAQ: LVO) (the “Company”) is a creator-driven music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. From April 1, 2022, the company has amassed a paid and free membership base of over 2.23 million**, streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, nearly 270 podcasts/vodcasts, hundreds of pay-per-views, custom products, released music-related NFTs and created a valuable connection between fans, brands and bands. The Company’s wholly-owned subsidiaries include lazy radio, React present, Gramophone Media, Palm Beach RecordsCustom Personalization Solutions, LiveXLive, PPVOne and Podcast One, which generates more than 2.48 billion downloads per year and more than 300 episodes distributed per week on its stable of top-rated podcasts. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire and via OTT, STIRR and XUMO. For more information, visit www.liveone.com and follow us on Facebook, instagram, ICT Tac, and Twitter at @liveone.
All statements other than statements of historical fact contained in this press release are “forward-looking statements”, which can often, but not always, be identified by the use of words such as “may”, “could”, ” will”, “probably result”, “will result”, “should”, “estimate”, “plan”, “project”, “expect”, “intend”, “expect”, “anticipate” , “believe”, “seek”, “continue”, “target” or the negative form of these 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: the Company’s dependence to a key customer for a substantial percentage of its turnover; the Company’s ability to complete any proposed financing, acquisition, spin-off, distribution or transaction, the timing of the closing of such proposed event, including the risks that any closing condition will not be satisfied in the expected timeframe or not at all, or that the closing of any proposed financing, acquisition, spin-off, distribution or transaction will not occur or whether such event will increase shareholder value; the Company’s ability to continue as a going concern; the Company’s ability to attract, retain and increase the number of its paying users and subscribers; the Company identifying, acquiring, securing and developing content; the Company’s intention to repurchase Common Shares from time to time under its announced share repurchase program and the timing, price and quantity of repurchases, if any, under the program; the Company’s ability to maintain compliance with certain financial and other covenants; the Company is successfully implementing its growth strategy, including with respect to its technology platforms and applications; management’s relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; the risks and uncertainties applicable to the activities of the Company’s subsidiaries; and other risks, uncertainties and factors, including, but not limited to, those described in the company’s annual report on Form 10-K for the fiscal year ended March 31, 2021filed with the United States Securities and Exchange Commission (the “SEC”) on July 14, 2021Quarterly report on Form 10-Q for the quarter ended June 30, 2021filed with the SEC on August 16, 2021Quarterly report on Form 10-Q for the financial quarter ended September 30, 2021filed with the SEC on October 29, 2021Quarterly report on Form 10-Q for the financial quarter ended December 31, 2021filed with the SEC on February 14, 2022, and in the Company’s other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligation to update these statements, except as required by law. The Company intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
** Certain members in contractual dispute are included in the total number of paying members for the periods reported. LiveOne currently does not track revenue related to these members.
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