LiveOne (Nasdaq: LVO) Announces Renewed Partnership with Tesla Through May 2026
LiveOne(LVO) GlobeNewswire News Room·2024-10-01 22:00
LOS ANGELES, Oct. 01, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), a leading digital media company, today announced an amended partnership with Tesla. Key Highlights: 1. Effective Oct 1, 2024: Tesla replaces streaming button with LiveOne's in perpetuity 2. LiveOne 2.0 launches, providing subscribers access to music on all devices 3. 1.9 million subscribers can convert to Premium/Plus services 4. Potential 3x increase in Average Revenue Per User (ARPU) 5. As of Dec 1, 2024, Tesla will no longer subsidize ...