LiveOne (LVO) announced that it has reached a milestone of 450,000+ Tesla (TSLA) users. Of those users, over 100,000 are free ad-supported users, with data showing that on average such users spend 50+ minutes of in-vehicle listening daily. Robert Ellin, Chairman and CEO, commented, “I’m thrilled with the first 30 days of our upgraded Tesla partnership, delivering the LiveOne app and music service to all devices, proving 12 years of customer loyalty and love. Our Tesla partnership showcases the potential of our B2B deals, delivering unique content and programming to our partners to drive user engagement, retention, and loyalty. Stay tuned for anticipated multiple B2B partnership announcements this year!”
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LVO:
- LiveOne subsidiary produced song ‘Chill Baby’ on the new SZA album
- LiveOne regains compliance with Nasdaq listing requirements
- LiveOne price target raised to $3 from $1.75 at Alliance Global Partners
- LiveOne’s partnership with Tesla surpasses 350K paid subscribers
- LiveOne signs multiyear deals with BMI, ASCAP, restructures $8M in payables
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
