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LiveOne Subsidiaries Splitmind and Drumify Boost Revenues

LiveOne Announces Record-Breaking Success for Subsidiaries Splitmind and Drumify

LOS ANGELES, CA, Dec. 01, 2023 (GLOBE NEWSWIRE) – LiveOne (Nasdaq: LVO), a globally recognized leader in music, entertainment, and technology, has announced remarkable achievements by its majority-owned subsidiaries: Splitmind and Drumify. These milestones reflect the ongoing growth and influence of the company within the music industry.

Splitmind’s Continued Innovation and Collaboration

Splitmind, LiveOne’s music publishing subsidiary, has achieved record-breaking success, including nominations for three Grammy Awards in collaboration with major artists Lecrae and Coco Jones. The team’s innovative work has contributed to the music publishing space, solidifying Splitmind’s reputation as an influential force in the industry. Founder Aidan “Halfway” Crotinger shared his excitement about the team’s ongoing creative efforts, which continue to attract renowned artists to collaborate with Splitmind.

Global Success in Music Streaming

In addition to the Grammy nominations, Splitmind has surpassed an incredible three billion streams globally. This achievement underscores the subsidiary’s growing impact across digital platforms and highlights its success in bringing top-tier music to a worldwide audience. The achievement further emphasizes Splitmind’s expanding role in shaping the future of music production.

Collaborations with Prominent Artists

The success of Splitmind is also marked by the release of over 200 major label projects, including works with some of the biggest names in the music industry. Notable artists such as Drake, Bad Bunny, Chris Brown, $uicideBoy$, Kodak Black, DaBaby, and ARDN have partnered with Splitmind, contributing to its notable presence in both mainstream and alternative music scenes. These collaborations have significantly boosted the visibility and influence of the subsidiary.

Drumify’s Growth as an Online Marketplace

Drumify, LiveOne’s subsidiary that operates an online marketplace for sounds, has also experienced impressive success. The platform provides a wide range of high-quality sounds and music production tools for creators around the world. Drumify’s growing popularity reflects the increasing demand for accessible, professional-grade resources that empower producers to create innovative and impactful music.

Looking Forward to 2024

As both Splitmind and Drumify continue to evolve, LiveOne anticipates even greater success in the coming year. The forward-thinking leadership of Aidan “Halfway” Crotinger and his innovative team will no doubt lead to more groundbreaking collaborations and new opportunities. LiveOne and its subsidiaries are poised to continue making waves in the entertainment and music industries throughout 2024 and beyond.

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