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

- 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

- Country Music is now a $4B industry accounting for 14% of the music market

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.

Jaime Solis, LiveOne’s Head of Content & Programming, says, “Not only have we seen Country listening hold strong with roughly 1/3 of our ATH (aggregate tuning hours) coming from Women in the coveted 25-54 demo, Men, aged 25-54 now make up nearly 50% of our overall Country listening with a 4% jump in ATH from 2019-2023.”

Slacker Radio's proprietary sequencing technology combines human curation with AI sequencing to create a truly unique listening experience. 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.

About LiveOne, Inc.

LiveOne, Inc. is an award-winning, creator-first, music, entertainment, and technology platform delivering premium experiences and content worldwide. With subsidiaries like Slacker Radio and PodcastOne, LiveOne has garnered accolades for its innovative approach, including the Best Live Moment award by Digiday for the "Social Gloves" PPV Event.

Forward-Looking Statements

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LiveOne IR Contact :
Liviakis Financial Communications, Inc.
(415) 389-4670
john@liviakis.com

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