LiveOne (Nasdaq: LVO), a creator-first music, entertainment and technology platform, announced it is exploring strategic alternatives after the $207 million sale of Napster. Chairman and CEO Robert Ellin cited the deal as evidence of the company’s undervaluation, noting that LiveOne’s assets and growth prospects are not fully reflected in its current stock price. The company plans to assess opportunities to enhance shareholder value amid growing global interest in its business and subsidiaries.
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About LiveOne
Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. LiveOne’s subsidiaries include Slacker, PodcastOne (Nasdaq: PODC ), PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify and Splitmind. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR’s OTT applications. For more information, visit liveone.com and follow us on Facebook , Instagram , TikTok , YouTube and Twitter at @liveone . For more investor information, please visit ir.liveone.com .cancers.
For more information, please visit https://www.liveone.com/
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