An announcement from LiveOne ( (LVO) ) is now available.
On February 19, 2025, LiveOne appointed Ryan Carhart as Chief Financial Officer, Treasurer, and Secretary, succeeding Aaron Sullivan, who left to pursue other opportunities. Carhart, previously Vice President and Controller, is recognized for his financial expertise and has implemented measures to achieve over $23 million in cost savings for LiveOne. He also played a crucial role in securing a new loan agreement with East West Bank, paying down $3.7 million of an existing loan, and obtaining a Letter of Intent with a major bank to refinance remaining debt and provide growth capital.
More about LiveOne
LiveOne is a Los Angeles-based, award-winning platform focused on music, entertainment, and technology, delivering premium experiences and content globally through memberships and live and virtual events. Its subsidiaries include Slacker, PodcastOne, PPVOne, CPS, LiveXLive, DayOne Music Publishing, Drumify, and Splitmind. LiveOne is accessible on various platforms such as iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, and Android TV.
YTD Price Performance: -33.39%
Average Trading Volume: 599,373
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $79.37M
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