LiveOne is a digital audio and entertainment company that operates through two primary businesses: PodcastOne and Slacker. PodcastOne is a podcast network with over 200 exclusive shows and earns revenue primarily through advertising. Slacker provides music streaming and internet radio services through the LiveOne app, which is available on mobile devices, desktops, and connected vehicles. The company manages these operations through its Audio Group segment, while its Media Group segment handles live event production and personalized merchandise. LiveOne sells to both direct consumers and corporate partners. The consumer business offers paid subscriptions and ad-supported free tiers. The B2B strategy involves licensing and white-labeling the music and podcast platform for corporate partners, such as Amazon and automotive companies, to distribute the service to their existing customer bases. Key expenses include music royalties paid to labels and publishers and fees for podcast talent. LiveOne’s strategy focuses on expanding these B2B partnerships, converting subsidized users into direct subscribers, and licensing its content library for television distribution and AI training data.