LiveOne, Inc. is a creator-first platform focused on music, entertainment, and technology, providing premium experiences and content worldwide through memberships and live/virtual events.

# Company Overview Summary

## Company Name: LiveOne, Inc.

## Business Focus:
- An award-winning, creator-first platform specializing in music, entertainment, and technology.
- Delivers premium experiences and content globally via memberships and live/virtual events.
- Pioneer in acquisition, distribution, and monetization of:
  - Live music events (festivals, concerts)
  - Internet radio
  - Podcasting and vodcasting
  - Music-related membership, streaming, and video content

## Core Operations:
- Operates through three main segments:
  - **PodcastOne:** Largest network of podcasts in North America with over 200 exclusive shows (producing 300+ episodes weekly, 204 million downloads in FY ending March 31, 2025).
  - **Slacker:** Fully integrated streaming music service and radio platform, available via the LiveOne app and OEM integrations (Tesla, Verizon, T-Mobile, etc.).
  - **Media Group:** Includes subsidiaries like LiveOne’s digital studio, music publishing, artist and brand development.

## Platforms & Content Delivery:
- Main platform: **LiveOne App** (iOS, Android, Apple TV, Roku, Fire TV, OTT, web).
- Access points: Desktop, tablets, smartphones, smart TVs, connected cars.
- Content provided on-demand, live streams, real-time broadcasts, social sharing, interactive features (chat, personalization).
- Curates festivals, concerts, original content, artist interviews, industry events, virtual festivals (e.g., “Music Lives”).

## Content & Rights:
- Rights sourced from festival promoters (AEG, Live Nation), music labels (Universal, Warner, Sony), publishers, and rights holders.
- Fully owns rights for streaming a wide range of live and recorded music festivals, concerts, and events.
- Produces original content and virtual festivals.
- Operates a merchandise retail business via CPS (personalized gifts and jewelry).

## Market & Industry:
- Addresses large and growing markets in:
  - Live music streaming (expected to reach $30 billion in 2025)
  - Digital music streaming (~$20.4 billion in 2024, 69% of global music sales)
  - Podcasts (135 million monthly listeners in 2024, projected to grow to 158 million in 2025)
  - Music merchandising and e-commerce

## Customer Base & Revenue:
- As of July 11, 2025, **97,128,164 shares of common stock** outstanding.
- Revenue is generated from:
  - Membership subscriptions (approximately 50% and 56% of revenues in FY 2025 and 2024 respectively)
  - Advertising and sponsorship
  - Content licensing and live event rights
  - Pay-per-view events
  - Retail merchandise sales

## Employees:
- Total employees (as of March 31, 2025): **113** employees and other contractors.

## Financials:
- Fiscal year ended March 31, 2025:
  - Revenue: Not explicitly provided
  - Net Loss: **$20.4 million**
  - Cash used in operations: **$6.4 million**
  - Total accumulated deficit: **$265.1 million**

## Other Key Details:
- Largest OEM customer: **Tesla** (accounted for 45% of revenue in FY2025, 51% in FY2024).
- Schedule for debt repayment includes Debentures due in 2028 and 2029 with aggregate principal of approximately **$3.7 million** as of March 31, 2025.
- Noted ongoing efforts to expand international market presence.
- Management team includes CEO Robert Ellin and CFO Ryan Carhart, with a total of 113 employees.
- The company is public, listed on NASDAQ (LVO).

LiveOne, Inc. is a creator-first music, entertainment, and technology platform focused on live music, internet radio, and podcasting services.

# LiveOne, Inc.

**Headquarters:** 269 S. Beverly Drive, Suite #1450, Beverly Hills, CA 90212  
**Website:** [liveone.com](http://www.liveone.com)

## Business focus
LiveOne, Inc. is a creator-first music, entertainment, and technology platform that delivers premium experiences and content worldwide. The company acquires, distributes, and monetizes live music events, internet radio, podcasting, and music-related membership services.

## Core services
1. **LiveOne** — Online live music streaming with live-streamed events, digital audio, and on-demand music from festivals and concerts.  
2. **Slacker** — A membership- and ad-based streaming music service.  
3. **PodcastOne** — A podcasting platform with a wide distribution network and a large catalog of podcast content.  
4. **Custom Personalization Solutions, Inc. (CPS)** — Retailer and wholesaler of personalized merchandise and gifts.

## Users and employees
- Paid members: Over 2.75 million (as of March 31, 2024)  
- Monthly active users (MAUs): Approximately 900,000 across audio services  
- Total employees: 140 (as of March 31, 2024)

## Revenue streams
- Subscription fees for music streaming and podcast services  
- Advertising revenue from music offerings and podcasts  
- Content licensing fees for live music and podcast rights  
- Merchandise sales through CPS  
- Pay-per-view revenue from digital live events and festivals

## Financial performance
- Net loss: $13.3 million for the fiscal year ended March 31, 2024 (compared to $10.0 million for the prior fiscal year)  
- Accumulated deficit: Approximately $238.7 million as of March 31, 2024  
- Total outstanding consolidated indebtedness: Approximately $8.5 million as of March 31, 2024

## Strategic initiatives
- Produce original music and podcast content and expand the catalog  
- Invest in proprietary streaming and content management technology  
- Pursue international expansion

## Competitive landscape
LiveOne competes with established players in music streaming, podcasting, and merchandise by focusing on unique content, user engagement, and partnerships with content providers.

## Summary
LiveOne, Inc. operates across live streaming, internet radio, podcasts, and merchandise, with a sizable subscriber base and a variety of revenue channels. The company is investing in content and technology while addressing competitive pressures and financial challenges.

LiveOne, Inc.

10-K / July 15, 2025

10-K / July 1, 2024

10-K / July 15, 2025

Company Overview Summary

Company Name: LiveOne, Inc.

Business Focus:

Core Operations:

Platforms & Content Delivery:

Content & Rights:

Market & Industry:

Customer Base & Revenue:

Employees:

Financials:

Other Key Details: