LiveOne (NASDAQ:LVO) Launches Multi-Year B2B Partnership with TextNow
2024年8月19日 - 10:00PM
LiveOne (NASDAQ: LVO), the premier streaming platform for
music, podcasts, and live events, announces a mutli-year
partnership with TextNow, the leading free phone service provider
in the U.S. This exclusive affiliate agreement allows TextNow
customers to access a full year of LiveOne’s Plus service at a
substantial savings, including special content programming just for
TextNow customers.
As part of this exciting collaboration, TextNow users can now
enjoy LiveOne Plus, which offers an ad-free experience,
high-definition audio, unlimited skips, and exclusive shows. This
partnership underscores TextNow’s commitment to providing
exceptional value and a comprehensive digital lifestyle experience
for its users.
“TextNow has always been about delivering innovative and
affordable solutions to our customers, and this partnership with
LiveOne perfectly aligns with that mission,” said TextNowChief
Growth Officer, Ken Willner. “By offering our customers a year of
ad-free streaming at a fraction of the cost, we’re enhancing their
digital experience and adding incredible value to their TextNow
service.”
“Partnering with TextNow provides a unique opportunity to reach
a broader audience and offer them unparalleled value through our
Plus streaming service,” said LiveOne CEO, Rob Ellin. “We’re
excited to bring our high-quality music and entertainment content
to TextNow’s community at such an incredible value.”
About TextNow
TextNow is revolutionizing the wireless industry by offering
affordable and innovative mobile services. With a commitment to
providing high-quality, low-cost solutions, TextNow offers users
the freedom to connect and communicate without the constraints of
traditional wireless carriers. For more information, visit
https://www.textnow.com/.
About LiveOne
LiveOne is a leading streaming platform that delivers a diverse
array of music, podcasts, and live events. Known for its
high-definition audio and exclusive content, LiveOne offers an
immersive entertainment experience for music lovers around the
globe. For more information, visit https://www.liveone.com/.
Forward-Looking StatementsAll statements other
than statements of historical facts contained in this press release
are “forward-looking statements,” which may often, but not always,
be identified by the use of such words as “may,” “might,” “will,”
“will likely result,” “would,” “should,” “estimate,” “plan,”
“project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,”
“seek,” “continue,” “target” or the negative of such terms or other
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors, which may cause actual
results, performance or achievements to differ materially from
those expressed or implied by such statements, including: LiveOne’s
reliance on one key customer for a substantial percentage of its
revenue; LiveOne’s ability to consummate any proposed financing,
acquisition, spin-out, special dividend, merger, distribution or
transaction, the timing of the consummation of any such proposed
event, including the risks that a condition to the consummation of
any such event would not be satisfied within the expected timeframe
or at all, or that the consummation of any proposed financing,
acquisition, spin-out, merger, special dividend, distribution or
transaction will not occur or whether any such event will enhance
shareholder value; LiveOne’s ability to continue as a going
concern; LiveOne’s ability to attract, maintain and increase the
number of its users and paid members; LiveOne identifying,
acquiring, securing and developing content; LiveOne’s intent to
repurchase shares of its and/or PodcastOne’s common stock from time
to time under LiveOne’s announced stock repurchase program and the
timing, price, and quantity of repurchases, if any, under the
program; LiveOne’s ability to maintain compliance with certain
financial and other covenants; LiveOne successfully implementing
its growth strategy, including relating to its technology platforms
and applications; management’s relationships with industry
stakeholders; uncertain and unfavorable outcomes in legal
proceedings; changes in economic conditions; competition; risks and
uncertainties applicable to the businesses of LiveOne’s
subsidiaries; and other risks, uncertainties and factors including,
but not limited to, those described in LiveOne’s Annual Report on
Form 10-K for the fiscal year ended March 31, 2024, filed with the
U.S. Securities and Exchange Commission (the “SEC”) on July 1,
2024, and in LiveOne’s other filings and submissions with the SEC.
These forward-looking statements speak only as of the date hereof,
and LiveOne disclaims any obligation to update these statements,
except as may be required by law. LiveOne intends that all
forward-looking statements be subject to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995.**Included
in the total number of paid members for the reported periods are
certain members which are the subject of a contractual dispute.
LiveOne is currently not recognizing revenue related to these
members.
LiveOne IR
Contact:Liviakis Financial
Communications, Inc.(415) 389-4670john@liviakis.com
Press
Contact:LiveOnepress@liveone.com
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