LiveOne Buys Gramophone Media

Los Angeles-based on-demand livestreaming and podcasting company LiveOne–which until recently was known as LiveXLive Media–says it has acquired Gramophone Media, a New York-based artist and brand development company. LiveOne says that Gramophone Media owns a number of boutique agencies, which specializes in representing aspiring artists and offering services in PR, strategic marketing, brand positioning, graphic design, and social media management. LiveOne says the acquisition is the sixth for the company. Financial details of the acquisition were not announced, however, LiveOne said the acquisition is expected to be immediately accretive to its earnings. LiveOne says that Gramophone Media’s clients have included BTS, Monsta X, Tiffany Young, Melii, Lil Simz, San Holo, Steve Aoki, Jazz Cartier and Randy Jackson.