LiveOne, Inc. (LVO) has seen a decrease of 7.90% in aftermarket following the update in SEC filing. However, the last trading session closed at $0.93 with an increase of 3.44%.
The calendar Year 2021 & Fiscal Year 2022 Operating Metrics– What’s up?
LVO announced on 19th January 2022 that the company has announced the calendar year 2021 and fiscal year 2022 operating metrics. The company experienced 100 new high-profile sponsors and an increase of the total new LiveOne members to 699,000+. Moreover, around 2.48 billion podcast downloads were recorded by LiveOne’s wholly-owned subsidiary PodcastOne, setting a new record.
Not only this but LVO has launched over a hundred new LiveOne radio stations as well. Furthermore, 18 new podcast shows and 15 current shows migrated to the PodcastOne platform. This brings the total number of podcast episodes on the network to 33. Last but not the least, the company has recorded $14 million in cash.
LVO Launches Music Lives ON: Garden Sessions – What is it?
On 18th January 2022, LiveOne, Inc. (LVO) reported that it has launched Music Lives ON which is the most recent addition to LiveOne’s music performance and discovery brand. Moreover, Garden Sessions’ major subject is joy, and people love to commemorate joyous moments.
This has only been possible because of the exclusive sponsorship of the new Volkswagen Taos. To correspond with this, LiveOne will showcase the artists discussing their favorite getaway destinations outside of Los Angeles or New York, reminiscing on tour life experiences, refreshing their thoughts, and having fun. Lastly, there will also be an emphasis on helping the community and how the artists involved contribute to bringing joy to others.
What’s Next?
On both a product and brand level, the collaboration with LiveOne to develop the Garden Sessions concert series is a perfect fit. Moreover, the company LVO has the chance to bring some joy to fans by introducing them to the newest SUV in the long series of adaptable and pleasant vehicles. With the dramatic design, clever packaging, and high-end functionality, it’s modest in stature but enormous on value. Lastly, the company is ecstatic to have Taos as the only sponsor of such a broad presentation of new talent.
