LiveOne reports 51,000 new premium members in September

LiveOne’s CEO and Chairman, Robert Ellin, commented, “Since acquiring Slacker Radio just five years ago, annual revenue has more than tripled from $20M with a loss of $7M, to more than $60M expected for FY24 and very significant Adjusted EBITDA. Our B-to-B partnerships, which includes being part of Tesla’s native connectivity app in nearly every new car sold, coupled with our consumer-friendly pricing model, has proven to be a winning combination. Given our B-to-B success with Tesla, TikTok, Samsung, Facebook and Verizon, we are aggressively expanding our sales and partnership team and expect to add multiple billion-dollar companies to the LiveOne family this year.”