LiveOne (LVO) announced that it has signed a Letter of Intent, LOI, to launch LiveOneAfrica, a new venture designed to expand the company’s footprint into one of the fastest-growing music and entertainment markets in the world. The partnership, formed Virtuosity Music Group, outlines the framework for UK Structured Finance raising $20M to support LiveOne’s strategic initiatives in Europe and Africa, including the buildout of digital infrastructure, artist partnerships, and localized live and on-demand streaming content.
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