PCG Digital: UPDATE: LiveXLive Leverages Diverse Channel Strategy to Accelerate Marked Growth
New York, New York--(Newsfile Corp. - April 5, 2021) - PCG Digital -- With over one million subscribers entering 2021, LiveXLive (NASDAQ: LIVX) is employing a multi-channel approach to accelerate their growth. The goal is to reach the 10 million mark by 2030, when the total available market (TAM) for music subscribers is estimated to be $1.2 billion.
On February 11th, LIVX released a report that showed record growth for an eleventh consecutive quarter. Revenue for the quarter increased 96.9% YOY to $19.1 million. The total projected revenue for fiscal 2021 is expected to be between $64 million and $69.5 million.