LiveOne (Nasdaq: LVO) Subsidiary Slacker Radio Hits All Time High Country Music Usage, Helping to Increase Revenue 300% and Driving a Remarkable 800% Increase in Share of Female Country Artists Across Radio Programming
LOS ANGELES, CA, April 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, continues its commitment to gender and racial diversity in its country music programming and announces results from 5-year initiative.
- - Management Guides Slacker Radio to $85M and $20M Adjusted EBITA for FY2025; a 4X Revenue Growth and Increase of $30M Adjusted EBITA since Acquisition in 2018
LOS ANGELES, CA, April 15, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO ), an award-winning, creator-first music, entertainment, and technology platform, continues its commitment to gender and racial diversity in its country music programming and announces results from 5-year initiative. - News, Sports, DJ Cuts, and Artist Stories can be customized and dynamically sequenced across Slacker's 500+ expertly curated stations for a fraction of the cost relative to traditional radio programming.
- Slacker Radio owns 30+ patents related to its proprietary sequencing technology.
- Slacker Radio has over 50 hosted and curated Country radio stations, LVO has streamed over 20 live country events and 60+ artists since 2018, with the biggest names in music including Taylor Swift, Beyoncé, Carly Pearce, Trisha Yearwood, Kelsea Ballerini, Lainey Wilson, Danielle Bradbury, Laci Kaye Booth and many more.