LiveXLive financials show a $10.2m loss for Q3 2020

US livestreaming and podcasts firm LiveXLive is a public company, so it’s one of the few companies in that space whose numbers we get quarterly insights into. The numbers for Q3 follow its historical pattern: growing revenues, but also net losses. LiveXLive saw its revenues grow by 51.9% year-on-year to $14.6m last quarter, but it recorded […]

Music livestreams are getting their own awards ceremony

A music industry trend isn’t a proper trend until it gets its own awards ceremony, right? If so, livestreams are graduating to the Big Trends league, because LiveXLive has announced plans for ‘The Lockdown Awards’ this October to “honour artists and entertainers who create content for fans amidst the pandemic”. Categories include Best Virtual Festival; Best Show […]

LiveXLive financials reveal revenues of $10.5m for Q2 2020

US music-streaming and livestreaming company LiveXLive has published its latest financial results, including a new record for quarterly revenues: $10.5m. That’s in the second quarter of 2020 (its fiscal Q1), with those revenues having grown by 11% year-on-year. The company reported a net loss of $7.5m though, although at least that was down from $11m this […]

Pitbull signs LiveXLive deal for paid livestreams and vodcast

Pitbull is the latest artist looking to do more with livestreaming and video content, and he’s found a partner to help. He’s working with US firm LiveXLive in a “multi-year revenue-share content partnership” that will see Pitbull play a series of pay-per-view livestream concerts, while also launching a video podcast (or ‘vodcast’). The latter will […]

LiveXLive reports record revenues – but also increased losses

LiveXLive is the US-based company that’s been increasingly active around music livestreaming, as well as owning audio-streaming service Slacker. The firm has announced its financial results for its fiscal year 2020, which ended on 31 March. The company’s annual revenues grew by 15% to $38.7m, while its number of paying subscribers grew by 25% to 849,000. […]

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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