LiveOne Acquires Gramophone Media
As part of the acquisition, Gramophone’s President, Founder and sole shareholder, Eshy Gazit, as well as its co-Founder and COO Patrick Ermlich, will remain as the company’s senior leadership team, and Gramophone will operate as a stand-alone wholly-owned subsidiary of LiveOne.
Robert Ellin, LiveOne’s CEO & Chairman, commented, “The acquisition of Gramophone creates a new and exciting business vertical for LiveOne. By discovering and managing artists, LiveOne can present Gramophone artists the opportunity to immediately and dramatically increase their exposure by being featured on our vast consumer-facing platform of livestream, pay-per-view, podcasting, and OTT channels. We are also excited to add Eshy Gazit and Patrick Ermlich to the LiveOne team and we look forward to building Gramophone into a music industry force.”
Eshy Gazit noted, “I’m thrilled to continue Gramophone’s trajectory with LiveOne. We will work closely with the platform to support emerging artists that need guidance, resources and exposure. As a former artist myself I know how hard it is to navigate your career, and we are here to help in these crucial stages.”