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LiveOne ($LVO) Subsidiary Slacker Radio Signs Five-Year Partnership with Groove Technology Solutions Expanding Into 3 Million-Bed U.S. Senior Living Market

LVO
  • LiveOne, Inc. (NASDAQ: LVO) announced a five-year partnership with Groove Technology Solutions.
  • The collaboration delivers an exclusive, customized Slacker Radio application for Groove's TotalVue entertainment platform.
  • The service targets senior living, hospitality, & multi-dwelling properties served by Groove nationwide.
  • The application leverages Slacker's proprietary music programming, curation, & personalization technology.
  • The platform is designed to simplify music discovery while providing personalized listening based on individual resident preferences.
  • The system supports shared music experiences intended to strengthen engagement & connections within senior communities.
  • Groove's TotalVue combines live television, customized property content, & the new music experience into a single interface.
  • The U.S. senior housing sector comprises approximately 3 million beds across more than 40,000 properties.
  • The agreement establishes a framework for LiveOne to expand its B2B distribution strategy into the senior living market.
  • Groove Technology Solutions is headquartered in Salt Lake City, Utah, & provides integrated property technology solutions.