LiveOne, Inc. Reports Unaudited Consolidated Impairment Result for the Third Quarter Ended December 31, 2023
February 08, 2024 at 09:00 am EST
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LiveOne, Inc. reported unaudited consolidated impairment result for the third quarter ended December 31, 2023. for the quarter, the company reported Impairment of intangible assets of $115,000.
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.