• Expects $1.5 million in annual interest savings.
• The Company targets an additional $2-$3 million in expense cuts.
• PodcastOne (NASDAQ:PODC) Special Committee evaluates M&A, strategic investment, partnerships and a potential sale.
• LiveOne to launch with a B2B partner that has more than 50 million monthly paying members.
• Expands AI monetization and distribution.
• Expects to announce a new president before year-end.

LOS ANGELES, CA / ACCESS Newswire / November 4, 2026 / LiveOne (NASDAQ:LVO) today announced it has extinguished $8.5 million in JGB debt, including $5.5 million in October, reducing the balance to $9 million. The Company expects $1.5 million in annual interest savings and is targeting an additional $2-$3 million in expense cuts.

LiveOne is preparing to launch with a B2B partner that has more than 50 million monthly paying members. The Company is also expanding AI monetization and distribution and expects to announce a new president before year-end.

PodcastOne's Special Committee continues to evaluate strategic alternatives, including M&A, a strategic investment, a partnership or a potential sale.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.