LiveOne announced that its subsidiary, DayOne Music Publishing acquired a majority interest in Splitmind and Drumify. The acquisition marks DayOne’s expansion to include Grammy-winning, multi-platinum music producers. LiveOne’s Head of Music Publishing, Josh Hallbauer, said, "Aidan is a rare executive and what he has built at 26, is changing how music is created. We see a massive opportunity to scale not only the copyrights, but Drumify as a creative first platform with millions of users who not only expect, but deserve lifelong royalty’s from their works."
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on LVO:
- LiveOne Joins 50th Anniversary of Hip Hop Team as Marketing and Content Partner
- LiveOne named marketing, content partner for 50th Anniversary of Hip Hop team
- LiveOne says PodcastOne valued betwen $230M-$274M
- PodcastOne Valued at Between $230 Million and $274 Million by Independent Third Party Valuation Firm
- LiveOne reports Q3 EPS (4c), consensus (5c)