LOS ANGELES, July 23, 2015 /PRNewswire/ -- Loton, Corp. (OTC: LTNR) announced that music industry veteran Phil Quartararo has joined the Loton, Corp. Advisory Board.
Mr. Quartararo's extraordinary career started with his executive breakthrough at Island Records helping break U2 in the U.S. in the early 1980's. In 1986 Richard Branson recruited Mr. Quartararo to launch Virgin Records of which he became CEO. He was influential in launching the careers of the Smashing Pumpkins, Lenny Kravitz, Paula Abdul and the Spice Girls, among others. Mr. Quartararo is known as a fierce defender of artist's rights.
In 1997 Mr. Quartararo was named President of Warner Brothers Records where he personally signed such artists as Lincoln Park and Josh Groban. Additionally, he has been involved in the careers of the other acts on his label including The Rolling Stones, Janet Jackson, Madonna, Cher, Wilco, Eric Clapton, Red Hot Chili Peppers, Faith Hill, Prince and Green Day. Mr. Quartararo was also President of EMI music marketing where he guided the careers of Coldplay, Norah Jones, Blake Shelton, among others.
Mr. Quartararo is loved by artists and known as an executive who is a strong proponent of artist development. He has guided the careers of artists that have collectively sold in excess of 350 million records worldwide.
Mr. Quartararo has successfully negotiated deals with all of the major and independent record labels for digital distribution rights for multiple companies and continues to work closely with many acts that he guided the careers of.
Mr. Quartararo sits on the boards of Guvera, LTD., the Grammy Foundation, City of Hope, Recording Industry Association of America, and Syracuse University's Newhouse School of Public Communications of which he is a graduate.
"Phil is held in such high esteem by his colleagues and most important, the artists he has and continues to work with. His ability to reinvent the marketing of music through digital distribution and branded sponsorships is second to none," commented Robert Ellin, Chairman of Loton, Corp. "With the continued leadership that joins our team, we continue to grow our media and entertainment base."
About Loton, Corp.
Loton, Corp. (OTC: LTNR) is the parent company in the emerging live / digital music space. The company's LiveXLive subsidiary is the world's first premium live music streaming network that will deliver around the clock live music to viewers on any connected device as an authentic and experiential platform. The platform will offer the world's leading music festivals with multi-day and multi-stage coverage, unique concerts, intimate performances and cutting edge programming. We will extend the live experience to fans on desktop, laptop, mobile, tablets, consoles, connected TVs and virtual reality platforms. The LiveXLive network will provide compelling and curated content that showcases the entire spectrum of music to include music inspired fashion, food, and lifestyle content and showcase interviews, back stage access and both fan and artist perspectives. LiveXLive will feature all genres of music including rock, pop, indie, alternative, EDM, country and feature major festival headliners as well as emerging artists performing at clubs and venues around the globe. The company's KOKO subsidiary (50% owned) is a premier multimedia and lifestyle brand and one of London's iconic live music venues. KOKO is internationally renowned for delivering over 250 live music events per annum for the past ten years and streaming live music to more than 300 million viewers in 70 countries around the globe.
Forward Looking Statement
Statements in this news release concerning future results from operations, financial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. These factors include uncertainties as to levels of orders, ability to record revenues, release schedules, market acceptance of new products, changes in economic conditions and market demand, pricing and other activities by competitors, and other risks including those described from time to time in the Company's filings on Forms 10K and 10Q with the Securities and Exchange Commission (SEC), press releases and other communications.
SOURCE Loton, Corp.