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LiveOne Subsidiary CPS Projects More Than $3.5M In Annual Revenue And More Than $700K In Annual Cash Flow Following Completion Of Restructuring Initiatives

Benzinga·05/18/2026 13:31:16
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  • All subsidiaries expected to achieve positive Adjusted EBITDA* in fiscal year 2027
  • CPS rebranding and refocusing growth around Celebrity Brands
  • Company and bankers are actively fielding M&A interest in Celebrity Brand Division
  • LiveOne now boasts their strongest balance sheet in Company history
     

LOS ANGELES, May 18, 2026 (GLOBE NEWSWIRE) -- LiveOne, Inc. (NASDAQ:LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that its subsidiary CPS is projecting more than $3.5 million in annual revenue and more than $700,000 in annual cash flow following the successful completion of its restructuring initiatives.