Tracked deals
4
4 tracked deals across 2020-2021.
Beverly Hills, California, United States
Formerly known as LiveOne, LiveXLive, LiveXLive (Nasdaq: LIVX)
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) is an award-winning, creator-first music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The company operates a portfolio of wholly-owned subsidiaries including Slacker Radio, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, LiveXLive, PPVOne and PodcastOne.
Tracked deals
4
4 tracked deals across 2020-2021.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
4 buyout
Last 2 years
Supporting Data
LiveOne (Nasdaq: LVO) has completed the acquisition of Palm Beach Records, a South Florida-based recording studio and label founded by Christian "Rekstarr" Ocampo. LiveOne will operate Palm Beach Records as a wholly-owned subsidiary and plans to expand the studio's music and podcast operations to sign and break new talent, produce exclusive content for members, and support local events in South Florida.
LiveXLive Media entered into a binding letter of intent to acquire Gramophone Media, Inc., an NYC-based artist and brand development and PR agency. Gramophone's founder and sole shareholder Eshy Gazit will remain to lead the business, which will operate as a wholly owned subsidiary and is expected to be immediately accretive and expand LiveXLive's artist services and marketing capabilities.
LiveXLive Media, Inc. agreed to acquire 100% of Custom Personalization Solutions, LLC (CPS) in an all-stock deal valued up to $6.0 million, expected to close by December 31, 2020. CPS, a Addison, Illinois–based e-commerce personalization and licensed-merchandise business with roughly 70 employees and approximately $19 million of revenue in 2019, will expand LiveXLive's commerce capabilities and diversify revenue beyond content and advertising.
LiveXLive Media, Inc. agreed to acquire Courtside Group, Inc., the owner and operator of PodcastOne, in an all-stock deal valued at approximately $18.1 million (based on LiveXLive's closing price on May 7, 2020). The acquisition brings PodcastOne's podcast library and advertising sales capability into LiveXLive to diversify revenue toward advertising and accelerate cross‑promotion across their platforms; the transaction was expected to close by June 2020.
Turn tracked acquisition activity into an outreach-ready buyer list.