LiveOne Extends Partnership with Merlin, Boosting Cash Flow and EBITDA

LiveOne has signed a multi-year extension with Merlin, converting up to $3.75M of current and future royalties into equity at $7.50 per share. This partnership provides access to 25M+ songs from Merlin's global catalog, resulting in an expected increase of $2M+ in cash flow and Adjusted EBITDA. The extension strengthens LiveOne's relationship with Merlin and positions the company to expand its catalog and deliver more value to artists and fans.