LiveOne announces major financial, strategic milestones

LiveOne (LVO) announced major financial and strategic milestones. “LiveOne is executing with focus across growth, profitability, and balance-sheet strength,” said Robert Ellin, CEO and Chairman of LiveOne. “Expanding our B2B partnerships, reducing costs, paying down debt, and raising capital position us for continued momentum and long-term value creation.” Milestones include: B2B partners span carriers, retail, consumer electronics, entertainment, automotive and hospitality; Identified $4-5 million in incremental cost savings through expanded AI initiatives; Surpasses 1.4 million total members and ad-supported subscribers; Record B2B pipeline with 100+ partnerships