– Total Tesla Members Now Over 1.7M a +33% YoY Increase
– Added in Excess of 60k Paid Members During March with an ARPU of $3.10+
– Expects Membership Growth to Exceed 1M in Calendar 2024
– Pipeline Over 55 Additional B2B Partnerships After Closing the Largest Single Deal Netting Over $2M of Monthly Recurring Revenues
LOS ANGELES, CA, March 28, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Brad Konkol, Head of Slacker Radio, “We have worked with Tesla for over 10 consecutive years. Tesla’s commitment to innovation aligns perfectly with our vision. As we celebrate these record milestones, we’re even more excited about our future. Our white-label lean-back experience continues to garner tremendous interest. We’re focusing on developing new B2B relationships which will dramatically diversify our risk and increase our revenue streams.”
About LiveOne, Inc.
LiveOne, Inc. is an award-winning, creator-first, music, entertainment, and technology platform delivering premium experiences and content worldwide. With subsidiaries like Slacker Radio and PodcastOne, LiveOne has garnered accolades for its innovative approach, including the Best Live Moment award by Digiday for the “Social Gloves” PPV Event.
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On December 18, 2023, and ending December 18, 2024, Liviakis Financial Communications, Inc. (LFC) was retained by LiveOne, Inc. in various consulting capacities including strategic management planning, investor relations and other business development responsibilities. LFC was compensated four hundred ninety thousand (490,000) shares of stock for this contract. Officers and employees of LFC will buy or sell shares in LiveOne, Inc. prior, during or after this release. LFC advises LiveOne, Inc. but does not provide investment advice. LFC is not a registered investment advisor or broker-dealer. All material provided regarding LiveOne, Inc. including, but not limited to its history, corporate status, and other developments was prepared using information approved and signed off by LiveOne, Inc. management as approved for public dissemination. Although the information contained herein is believed to be reliable, LFC makes no warranties as to the accuracy of the description of any of the content herein and accepts no liability for how readers may choose to utilize it.
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