LiveOne, Inc. entered into a letter of intent to acquire Certain Assets of Kast Media, LLC.
May 22, 2023
Share
LiveOne, Inc. (NasdaqCM:LVO) entered into a letter of intent to acquire Certain Assets of Kast Media, LLC on May 23, 2023. Transaction is subject to execution of definitive documentation with Kast Media, completion of due diligence, settlement of Kast Media's outstanding obligations, obtaining applicable approvals and consents and other customary closing conditions.
LiveOne, Inc. offers a creator-first, music, entertainment, and technology platform, which is focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company is engaged in the acquisition, distribution and monetization of live music, Internet radio, podcasting and music-related streaming and video content. It is also engaged in packaging, producing, and broadcasting its live music content across its music platform. In addition, the Company has a distribution relationship with a variety of platforms, including Roku, AppleTV, Amazon Fire, linear over-the-top (OTT) platforms, such as STIRR and XUMO. The Company's subsidiaries include Slacker Radio, PodcastOne, PPVOne, Palm Beach Records, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind.
LIVEONE, INC. 
