TechMediaBreaks – LiveOne (Nasdaq: LVO) Explores Strategic Options Following $207 Million Napster Sale

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 companyโ€™s undervaluation, noting that LiveOneโ€™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.ย 

To view the full press release, visitย https://ibn.fm/NtFieย 

About LiveOneย 

Headquartered in Los Angeles, CA, LiveOne (Nasdaq:โ€ฏLVO) 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. LiveOneโ€™s subsidiaries include Slacker, PodcastOne (Nasdaq:โ€ฏPODCโ€ฏ), 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 STIRRโ€™s OTT applications. For more information, visitโ€ฏliveone.comโ€ฏand follow us onโ€ฏFacebookโ€ฏ,โ€ฏInstagramโ€ฏ,โ€ฏTikTokโ€ฏ,โ€ฏYouTubeโ€ฏand Twitter atโ€ฏ@liveoneโ€ฏ. For more investor information, please visitโ€ฏir.liveone.comโ€ฏ.cancers.ย 

For more information, please visitย https://www.liveone.com/ย 

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TechMediaWireย (โ€œTMWโ€) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within theย Dynamic Brand Portfolioย @ย IBNย that delivers:ย (1) access to a vast network of wire solutions viaย InvestorWireย to efficiently and effectively reach a myriad of target markets, demographics and diverse industries;ย (2) article andย editorial syndication to 5,000+ outlets;ย (3) enhancedย press release enhancementย to ensure maximum impact;ย (4)ย social media distributionย via IBN to millions of social media followers;ย and (5) a full array of tailoredย corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in todayโ€™s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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