Tranche Update on LiveOne, Inc.'s Equity Buyback Plan announced on November 10, 2022.
February 13, 2024 at 06:14 am EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 91,754 shares, representing 0.1% for $0.11 million. With this, the company has completed the repurchase of 1,322,412 shares, representing 1.52% for $1.92 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.