Business
LiveOne (NASDAQ:LVO) and Slacker Radio Partner with Legible to Launch "Book of the Month" Program
- Slacker Radio's 4 million members will have to access to new program - Tapping into the booming global audiobook market, valued at $5B and projected to
About this update from Liveone, Inc.
[{"type":"text","content":"- Slacker Radio's 4 million members will have to access to new program - Tapping into the booming global audiobook market, valued at $5B and projected to reach $42B by 2031 - LiveOne now boasts 3 pillars of audio: music, podcasts, and audiobooks LOS ANGELES, Aug. 16, 2024 (GLOBE NEWSWIRE) -- LiveOne, Inc. (NASDAQ: LVO), a leader in digital broadcasting and personalized entertainment, is excited to announce a strategic collaboration with Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T), a premier digital reading and audiobook platform. This partnership is set to expand LiveOne’s Slacker Radio member base by offering enhanced value through exclusive access to Legible’s audiobook content. Beginning in August, LiveOne’s Slacker Radio over 4 million members, will gain free access to a 'Book of the Month' audiobook, carefully curated by Legible’s team of experts. This initiative not only enriches the listening experience for Slacker Radio members but also seamlessly blends music with storytelling, creating a unique entertainment offering. Bradley Konkol, Head of Slacker Radio for LiveOne, expressed his enthusiasm for the partnership: \"At LiveOne, we're always looking for innovative ways to elevate our members' experience. Our collaboration with Legible introduces a fantastic mix of music and audiobooks, allowing our users to explore new content and enjoy a more diverse listening experience.\" This collaboration is also aligned with LiveOne’s broader strategy to increase member engagement and retention. By offering a free audiobook each month and exclusive previews of Legible’s diverse audiobook catalog, LiveOne not only adds significant value to its membership but also fosters a deeper connection with its audience. Key Benefits for LiveOne Members: • Free 'Book of the Month' Audiobook: Each month, members will have access to a full-length audiobook, handpicked by Legible’s curators, at no additional cost. • Exclusive Previews: Slacker Radio members can enjoy previews from a wide selection of audiobooks, allowing them to discover new authors and genres that align with their interests. • Diverse Content: With a broad range of genres including fiction, non-fiction, mystery, and self-help, this partnership ensures that Slacker Radio members can enjoy a rich and varied audio experience. In addition to enhancing member value, this collab...