LiveXLive's merchandising business, CPS, will be branded as 'PersonalizedMerchOne'.LiveXLive's live music business, React Presents, will be branded as 'ReactOne'.LiveXLive's pay-per-view business is anticipated to be spun out as a separate public company and will be branded as 'PPVOne'.LiveXLive's music subscription business, Slacker, will be branded as 'SlackerOne'.LiveXLive's podcasting business, PodcastOne, will remain branded as PodcastOne.

To read this article on click here.Separately, LiveXLive also announced its intention to spin-out its existing pay-per-view business as a separate public company and its plan to distribute a portion of the new company's equity to LiveXLive's stockholders, anticipated to take place by March 31, 2022, in each case subject to obtaining applicable approvals and consents and compliance with applicable rules and regulations and public market trading and listing requirements.Īs part of LiveXLive's plans to rebrand its businesses as the 'ONE' brand, LiveXLive plans to rebrand its individual subsidiaries and businesses as follows: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here > The stock currently carries a Zacks Rank 3 (Hold). So, make sure to keep an eye on LIVX going forward to see if this recent jump can turn into more strength down the road. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. Revenues are expected to be $20 million, up 102.4% from the year-ago quarter.Įarnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.įor LiveXLive, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This company is expected to post quarterly loss of $0.11 per share in its upcoming report, which represents a year-over-year change of +26.7%.

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