LiveOne Raises Select Membership Offerings By $0.50- $1
Portfolio Pulse from Benzinga Newsdesk
LiveOne announced a price increase of $0.50 to $1 for select membership offerings. This adjustment aims to support the expansion of original content, enhance live streaming and pay-per-view experiences, advance AI initiatives, broaden channel expansion and music publishing, strengthen celebrity brand collaborations, and monetize a partnership pipeline of over 60 B2B deals.
April 30, 2024 | 12:32 pm
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LiveOne's price increase for select memberships is designed to fund strategic growth areas including content, AI, and partnerships.
The price increase is a strategic move aimed at generating additional revenue to support LiveOne's growth initiatives. By investing in original content, AI, and expanding its B2B partnership pipeline, LiveOne is positioning itself for future growth. This could positively impact investor sentiment and the company's stock price in the short term, as it demonstrates a clear plan for revenue generation and business expansion.
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