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 companyโs undervaluation, noting that LiveOneโs 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.ย
To view the full press release, visitย https://ibn.fm/NtFieย
About LiveOneย
Headquartered in Los Angeles, CA, LiveOne (Nasdaq:โฏLVO) 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. LiveOneโs subsidiaries include Slacker, PodcastOne (Nasdaq:โฏPODCโฏ), 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 STIRRโs OTT applications. For more information, visitโฏliveone.comโฏand follow us onโฏFacebookโฏ,โฏInstagramโฏ,โฏTikTokโฏ,โฏYouTubeโฏand Twitter atโฏ@liveoneโฏ. For more investor information, please visitโฏir.liveone.comโฏ.cancers.ย
For more information, please visitย https://www.liveone.com/ย
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