LOS ANGELES, May 26, 2016 /PRNewswire/ -- Loton, Corp.'s (OTC: LIVX) LiveXLive subsidiary has entered into an agreement securing streaming rights for 11 USA Group, the Premier restaurant and nightlife club. LiveXLive will produce and distribute HD digital broadcast experiences of the world's leading performers to any connected device.
LiveXLive will create and curate ongoing branded 11 USA Group content including live-streamed concerts, DJ shows, and other lifestyle events from their 25,000 square foot venue. "LiveXLive and E11EVEN are going to build a great experience for users worldwide. E11EVEN continues to attract premier talent such as Drake, Usher and Skrillex. Our track record speaks for itself," said Gino LoPinto, Operating Partner at 11 USA Group.
The agreement includes rights to stream 11 USA Group events live across the globe on the LiveXLive website and mobile app in addition to select distribution partner platforms including web, mobile, radio, audio, television, virtual reality and other devices.
"With the Rock in Rio festival and other major festivals to shortly be announced; the TAO, Saban and KOKO venues, and now the introduction of original programming, LiveXLive is on its way to realizing the company's vision to amass thousands of hours of premium live music and other exclusive curated content from across the globe," said Robert Ellin, LiveXLive Founder and Chairman. "LiveXLive is building the first independent global live music and lifestyle network providing fans access to experience music around the world like never before and all from the palm of their hand." E11EVEN is a unique venue that will provide for edgy, underground content to be created. LiveXLive has streamed worldwide sensations Katy Perry, Rihanna, Rod Stewart, Metallica, Sam Smith, One Republic, Bruce Springsteen, Fergie, The Script and John Legend as well as other superstar musicians. Artists to be streamed this month include: Ariana Grande, Avicii, Charlie Puth, Hollywood Vampires, Korn and Maroon 5 among others.
LiveXLive continues to acquire rights to top music festivals in addition to nightlife performances and other live music venues. Additionally, the company is in production on two series to add to its original programming slate. The company is in discussions with content partners, venues and artists from around the world.
About 11 USA Group
11 USA GROUP was created by Owner Dennis DeGori in 2014 as a forward thinking hospitality company that owns and operates one of the most successful food, beverage and day and nightlife entertainment venues in the United States, E11EVEN MIAMI, open 24/7 and regularly brings some of the hottest performers in the World to Miami. In addition to the weekly DJ talent, E11EVEN is home to such talent as Drake, Usher, Skrillex, Diplo, and Dash Berlin, among other top musicians. Artists such as J.Lo, Miley Cyrus, 2 Chainz, Lil' Wayne, Birdman and Jamie Foxx have all enjoyed time at the ultraclub. www.11miami.com
About Loton, Corp. (OTC: LIVX)
Loton, Corp. (LIVX.OB) is a parent company in the emerging live / digital music space. The company's LiveXLive subsidiary intends to be 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 plans to offer the world's leading music festivals with multiday and multistage coverage, unique concerts, intimate performances and cutting edge programming. We plan to extend the live experience to fans on desktop, laptop, mobile, tablets, consoles, connected TVs and virtual reality platforms. The LiveXLive network expects to provide compelling and curated content that showcases the entire spectrum of music to include music inspired fashion, food, and lifestyle content and showcase interviews, backstage access and both fan and artist perspectives. LiveXLive intends to 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. www.livexlive.com
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 10-K and 10-Q with the Securities and Exchange Commission, press releases and other communications.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/loton-corps-livexlive-subsidiary-enters-agreement-with-e11even-miami-300275630.html
SOURCE Loton, Corp.