LiveXLive expects to change its NASDAQ stock symbol to "LVO" in the coming weeks. 15, 2021 /PRNewswire/ - LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream and on-demand audio, video, and podcast/vodcast content in music, comedy, and pop culture, and owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions, announced today that it plans to change its name to "LiveOne, Inc." as part of an overall rebranding of the Company and its business units, subject to obtaining applicable approvals and consents. IHRT Price Action: Shares are up 1.43% to $18.09 on Friday.LOS ANGELES, Sept. LIVX Price Action: Shares of LiveXLive Media are up 4.42% to $4.73 on Friday. Investors should watch to see if this leads to additional NFT offerings from the company’s livestreaming events. It was created by its Custom Personalized Solutions brand. The festival will have the first-ever NFT music festival poster according to the company. The 2020 streaming festival had more than 50 million views from fans. More than 100 artists will participate in the event featuring over 50 hours of nonstop music. The company’s upcoming second annual LiveXLive Global Streaming Festival, March 26 and 27, will feature artists such as John Mayer, Wiz Khalifa, Pitbull and others. LiveXLive could be a player in the market with its livestreaming events and large base of super fans looking for collectibles of their favorite artists. NFT Play?: Investors have been looking for stocks with exposure to NFTs, or non-fungible tokens. Related Link: Recap: LiveXLive Media Q3 Earnings The company issued fiscal 2022 guidance in a range of $90 million to $100 million.
LiveXLive is guiding for full fiscal 2021 revenue to come in a range of $64 million to $69.5 million. The third quarter marked the 11th consecutive quarter of record revenue for the company.
The company’s nine-month revenue total of $44.2 million is up 53.5% year-over-year. LiveXLive recently reported third-quarter revenue of $19.1 million, a 96.9% year-over-year increase.
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