LiveOne (Nasdaq: LVO), an award-winning, creator-first music,
entertainment, and technology platform, announced today that it has
partnered with Telly, the world’s smartest TV offered at the
revolutionary price of free, to deliver an unmatched dual-screen
audio and entertainment experience to Telly users.
Seamless Integration & Unique Dual-Screen
ExperienceLiveOne is the first dual-screen-enabled audio
app available on Telly televisions, allowing users to enjoy music
or podcasts on the secondary “Smart” display while also
simultaneously watching content on the primary “Theater” display at
the same time. This innovative collaboration between LiveOne and
Telly sets a new standard for multitasking and home
entertainment.
With LiveOne implemented as the default music provider, users
can simply ask their Telly to play their favorite genre, artist, or
song and LiveOne will immediately start playing music creating a
seamless, account-free experience.
Powered by a room-blasting built-in six-speaker Harman Kardon
soundbar, music is one of Telly’s most popular beyond-TV
experiences, helping Telly to capture 2X the overall daily
engagement of traditional TVs.
“Telly’s dual-screen functionality paired with LiveOne’s
lean-back programming capabilities unlocks a new level of
convenience and enjoyment for our users,” said Bradley Konkol, Head
of LiveOne’s Slacker Radio. “This partnership exemplifies how we
can combine cutting-edge technology with exceptional entertainment
to redefine the home experience. We’re excited to work with Telly
to push the boundaries of what’s possible in audio and video
integration.”
Revolutionizing Advertising with Integrated
CapabilitiesLiveOne’s integration into Telly includes the
deployment of Telly’s Advertising SDK, enabling seamless ad
delivery on the Smart display while music plays. When users switch
audio playback to the Theater display, LiveOne transitions audio
ads to video impressions managed by Telly. This collaboration
maximizes the value of ad-supported users, ensuring a consistent
and innovative advertising experience across both displays.
“Telly is much more than a TV—it’s the heartbeat of the modern
home,” said Neal Tiles, Head of Partnerships for Telly. “With our
dual-screen technology and advanced audio integration, we’re
delivering experiences that go far beyond traditional television.
Our partnership with LiveOne exemplifies our commitment to
transforming the home entertainment experience, seamlessly blending
the power of engaging audio with cutting-edge technology to
redefine what’s possible for users and advertisers alike.”
About TellyTelly, the first Dual Screen Smart
TV, is the smartest TV ever built offered at the revolutionary
price of free. Founded by the industry leader who pioneered FAST,
with Pluto TV, Telly completes the vision for a world where both TV
content and the TV itself are entirely free to consumers. Visit
www.telly.com today to reserve your Telly and discover for yourself
why the living room will never be the same
About LiveOneHeadquartered in Los Angeles, CA,
LiveOne (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. LiveOne’s subsidiaries include Slacker
Radio, PodcastOne (Nasdaq: PODC), PPVOne, CPS, LiveXLive, DayOne
Music Publishing, Drumify and Splitmind. LiveOne is available in
Tesla vehicles and on iOS, Android, Roku, Apple TV, Spotify,
Samsung, Amazon Fire, Android TV, and through STIRR’s OTT
applications. For more information, visit liveone.com and follow us
on Facebook, Instagram, TikTok, YouTube and Twitter at @liveone.
For more investor information, please visit ir.liveone.com.
Forward-Looking StatementsAll statements other
than statements of historical facts contained in this press release
are “forward-looking statements,” which may often, but not always,
be identified by the use of such words as “may,” “might,” “will,”
“will likely result,” “would,” “should,” “estimate,” “plan,”
“project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,”
“seek,” “continue,” “target” or the negative of such terms or other
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors, which may cause actual
results, performance or achievements to differ materially from
those expressed or implied by such statements, including: LiveOne’s
reliance on its largest OEM customer for a substantial percentage
of its revenue; LiveOne’s ability to consummate any proposed
financing, acquisition, spin-out, special dividend, merger,
distribution or transaction, the timing of the consummation of any
such proposed event, including the risks that a condition to the
consummation of any such event would not be satisfied within the
expected timeframe or at all, or that the consummation of any
proposed financing, acquisition, spin-out, merger, special
dividend, distribution or transaction will not occur or whether any
such event will enhance shareholder value; LiveOne’s ability to
continue as a going concern; LiveOne’s ability to attract, maintain
and increase the number of its users and paid members; LiveOne
identifying, acquiring, securing and developing content; LiveOne’s
intent to repurchase shares of its and/or PodcastOne’s common stock
from time to time under LiveOne’s announced stock repurchase
program and the timing, price, and quantity of repurchases, if any,
under the program; LiveOne’s ability to maintain compliance with
certain financial and other covenants; LiveOne successfully
implementing its growth strategy, including relating to its
technology platforms and applications; management’s relationships
with industry stakeholders; LiveOne’s ability to extend and/or
refinance its indebtedness and/or repay its indebtedness when due;
uncertain and unfavorable outcomes in legal proceedings and/or
LiveOne’s ability to pay any amounts due in connection with any
such legal proceedings; changes in economic conditions;
competition; risks and uncertainties applicable to the businesses
of LiveOne’s subsidiaries; and other risks, uncertainties and
factors including, but not limited to, those described in LiveOne’s
Annual Report on Form 10-K for the fiscal year ended March 31,
2024, filed with the U.S. Securities and Exchange Commission (the
“SEC”) on July 1, 2024, Quarterly Report on Form 10-Q for the
quarter ended September 30, 2024, filed with SEC on November 14,
2024, and in LiveOne’s other filings and submissions with the SEC.
These forward-looking statements speak only as of the date hereof,
and LiveOne disclaims any obligation to update these statements,
except as may be required by law. LiveOne intends that all
forward-looking statements be subject to the safe-harbor provisions
of the Private Securities Litigation Reform Act of 1995.
LiveOne IR Contact:Liviakis Financial
Communications, Inc.(415) 389-4670john@liviakis.com
LiveOne Press
Contact:LiveOnepress@liveone.com
Follow LiveOne on social media: Facebook, Instagram, TikTok,
YouTube, and Twitter at @liveone.
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