Tranche Update on LiveOne, Inc.'s Equity Buyback Plan announced on November 10, 2022.
November 20, 2023 at 04:17 pm EST
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From July 1, 2023 to September 30, 2023, the company has repurchased 315,429 shares, representing 0.36% for $0.57 million. With this, the company has completed the repurchase of 1,230,658 shares, representing 1.41% for $1.81 million under the buyback announced on November 10, 2022.
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.