![]() ![]() both have a lot of info re Spotify and Slacker, but I think much of it. ![]() Tesla outages reported in the last 24 hours. LiveOne is a NASDAQ-listed company with 192 employees and a market capitalization today of $64.6 million - down from a recent high of $467 million in May 2021:Īccording to a recent LiveOne earnings call, its Slacker/PodcastOne audio division is projected to generate $88 million in revenue during the 2023 fiscal year, based largely on subscriptions in a projected approximately 2 million Teslas. Tesla Vehicles Model 3 Model 3: User Interface Current Best Music Source Option. LiveOne (NASDAQ:LVO) is a global digital media company dedicated to music and live entertainment. Select the option you are having issues with, and help provide feedback to the service. When I did, the Streaming app provided the Slacker Radio login. I let the premium connectivity expire for a couple of days and then renewed. also permanently barred the company from availing itself of the statutory music license enshrined in the Digital Millennium Copyright Act (DCMA), which allows Internet radio companies to play sound recordings without having to negotiate individual deals with each label (as long as they follow certain rules and pay a royalty rate set every five years by the U.S. As soon as that happened, my Tesla account was authenticated on the slacker streaming app and it started working. In addition to the money owed, Judge André Birotte Jr. Under the terms of that payment plan, the company agreed that if Slacker ever defaulted again, a judge should enter a judgment against the company for the full sum owed.Īlthough the agreement also called for Slacker/LiveXLive to pay new monthly obligations on a timely basis, “they have failed entirely to pay royalties from May 2021 through the present,” according to SoundExchange’s July 2022 lawsuit. In October 2020, SoundExchange and Slacker/LiveXLive entered into a 24-month payment plan to catch up on old obligations, but apparently quit making payments under that plan after its first 10 months. It is unclear whether Slacker has been paying those royalties on a timely basis.) (This is distinct from royalties paid to ASCAP, SESAC, BMI, and GMR to compensate the composers and lyricists of the songs played. Notably, the company currently has a distribution deal that puts Slacker Radio into all Teslas sold (with the service paid for by Tesla).Īs previously reported in RAIN, Slacker apparently quit paying royalties owed (which SoundExchange distributes to performers and the labels who own the copyrights to the sound recordings) in July 2017. It was one of the first things I noticed when I got the. LiveOne, a public company based in Beverly Hills, acquired Slacker at the end of 2017 and PodcastOne in 2020. Neither Tesla or Slacker provide documentation on this, but Tesla owners of Model S and X have commented that the free Slacker streaming is capped at a 64kbps MP3 stream, 3 which is passable for low volume listening, but at more critical listening levels you can hear the heavy compression. District Court for the Central District of California for unpaid music royalties and late fees that have accrued since mid-2017. Royalty collection and distribution agency SoundExchange has won a judgment of $9,765,396, plus legal fees, from the Slacker Radio division of LiveOne (formerly LiveXLive) in the U.S. ![]()
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