Business
LiveXLive Media Completes Corporate Name Change To LiveOne
LIVEONE TO BEGIN TRADING UNDER NEW NASDAQ TICKER SYMBOL "LVO" EFFECTIVE OCTOBER 6, 2021 LOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- LiveOne (Nasdaq: LVO)
About this update from Liveone, Inc.
[{"type":"text","content":"LIVEONE TO BEGIN TRADING UNDER NEW NASDAQ TICKER SYMBOL \"LVO\" EFFECTIVE OCTOBER 6, 2021\n\n\nLOS ANGELES, Oct. 6, 2021 /PRNewswire/ -- LiveOne (Nasdaq: LVO) (\"LiveOne\"), a global platform for livestream and on-demand audio, video, and podcast/vodcast content in music, comedy, and pop culture, and owner of LiveXLive, PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions, announced today that it has completed its previously announced planned corporate name change to LiveOne, Inc. from LiveXLive Media, Inc, and that its shares of common stock will begin trading on The Nasdaq Capital Market under the new ticker symbol \"LVO\" at the market open on October 6, 2021.\n\n \n \n \n \n \n \n\n \nLiveOne's CEO and Chairman, Robert Ellin, stated, \"The entertainment industry has gone through a significant shift over the past year, changing many aspects of the business and we've worked hard to ensure we are on the cutting edge of innovation, helping talent and fan engagement reach new levels. With consolidation of all these acquisitions completed, this is the right time and place to utilize the \"ONE\" brand to create shareholder value similar to what was created the last 40 years by the brand.\"\nAs part of the company's plans to rebrand its businesses as the \"ONE\" brand, LiveOne plans to rebrand its individual subsidiaries and businesses as follows:\nLiveOnes podcasting business, PodcastOne, will remain branded as PodcastOne LiveOne's music subscription business, Slacker, will be branded as \"SlackerOne\" LiveOne's pay-per-view business is anticipated to be spun out as a separate public company and will be branded as \"PPVOne\" LiveOne's live music business, React Presents, will be branded as \"ReactOne\" LiveOne's merchandising business, CPS, will be branded as \"PersonalizedMerchOne\" LiveOne's original content business will be branded with a name reflecting the \"One\" brandThe new LiveOne name captures the core of its brand's mission to be the most comprehensive platform for talent and fans alike for music, sports, esports, social media influence, lifestyle, podcasting, merchandise, publishing and technology. The combination of acquisitions and the expansion of products and franchises has facilitated LiveOne in becoming a top-rated music, entertainment and media services company.\nAbout LiveOne Media, Inc...