LiveOne, Inc. Provides Revenue Guidance for the Year Ended March 31, 2022
April 05, 2022 at 07:00 am EDT
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LiveOne, Inc. provided revenue guidance for the year ended March 31, 2022. For the year, the company confirms its guidance to achieve record revenue of at least $112 million for Fiscal Year 2022 ended March 31, 2022, an anticipated increase of approximately 72% as compared to revenue of $65.2 Million in Fiscal Year 2021.
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.