LiveXLive financials raise doubts over ‘going concern’ status

US live-music and streaming firm LiveXLive has published its latest financial results, including a warning about the company’s financial viability over the next 12 months. LiveXLive generated $9.7m of revenues in the final quarter of 2019, up by 8.2% year-on-year. However, operating expenses of $17.6m nudged the company into its latest quarterly net loss – $8.8m – while […]

LiveXLive says that it now has 820k paying subscribers

Live music-streaming firm LiveXLive has published some end-of-year figures showing its growth. The company, which also owns streaming service Slacker Radio, says it ended the year with 820,000 paid subscribers, having added 140,000 in the last year, while its total average monthly active users were 1.2 million at the end of 2019. The company livestreamed 28 music […]

LiveXLive revenues grew in Q2 but its losses widened slightly

US digital music company LiveXLive has published its latest financial results, which show that its revenues grew by 25.1% year-on-year to $9.5m in the second quarter of 2019. However, the company’s net losses also widened slightly, from $10.8m a year ago to just under $11m last quarter. LiveXLive’s cost of sales, at $9m, accounts for nearly […]

LiveXLive reports $9.2m of revenues but a $9.7m loss in Q1

Music firm LiveXLive, which focuses on streaming concerts as well as its Slacker audio-streaming service, has published its latest quarterly financial results. The company’s revenues grew by 29% year-on-year to $9.2m in the first quarter of 2019, although its net loss grew too: from $9.5m in Q1 2018 to $9.7m last quarter. LiveXLive also says that […]

LiveXLive gets livestreaming rights to iHeartRadio events

US firm LiveXLive has bagged the rights to live-stream 17 of US radio group iHeartMedia’s events this year, including various festivals, as well as licensing and streaming rights for some smaller events like album launches and live performances. The deal will also see iHeartRadio getting a channel on LiveXLive’s online-video service. The latter company says that it […]

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