Music Updates

LiveXLive Earnings Show ‘Contractual Dispute’ With Tesla and Restrictions On Half Its Cash

CONTRACTUAL DISPUTE WITH TESLA

The automaker has been LiveXLive’s most reliable revenue generator since LiveXLive acquired Slacker Radio at the end of 2017. Tesla includes a LiveXLive on-demand music streaming subscription with every car it sells, but a dispute with the automaker that began in June has cost the company $1.6 million for the first half of the year and has yet to be resolved.

 

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