LOS ANGELES, March 26, 2020 /PRNewswire/ -- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, today announced new weekly "living room" installments of its flagship format "LiveXLive Presents…" during the current live event and concert blackout. Starting Friday, March 27, 2020, "LiveXLive Presents" will showcase live-at-home performances kicking off with R&B artist Tinashe whose set will include never-before-performed songs for her fans. lovelytheband performs live on Tuesday, April 7, 2020 and will perform soon-to-be-released song "Waste", which drops on March 27, 2020.
With artist and fan safety in consideration during this time, LiveXLive has created a new premium product -- "Plug+Play" livestream kits to allow artists to instantly plug into its platform and simulcast to LiveXLive.com, the artists' sites, and social platforms including Facebook, Instagram, Twitch, and Twitter. LiveXLive will promote and distribute on-demand versions of the concerts across its owned and operated channels.
"I'm so excited to perform new music on LiveXLive! Being able to bring us all together as a community, as an extended family, is so important right now," said Tinashe. "We all need a little extra positivity and live music is the best way I know how. Let's go!"
LiveXLive's platform replaces the pressure on artists to choose any one social platform to livestream performances. With LiveXLive, artists are able to stream almost anywhere from one centralized hub while LiveXLive's technology generates cross-platform audience promotion and acquisition, informed by deep data and analytics about the artist and genre, powered by Slacker Radio.
"Live music creates community and connection, which is exactly what the world needs right now," said Rob Ellin, Chairman and Chief Executive Officer of LiveXLive. "I'm proud that we can offer artists a safe and much-needed opportunity to do what they love -- perform live, connect and create community with fans worldwide. And it's a testament to the team's creativity that we have packaged together a brand new product like "Plug+Play" to best serve artists."
"We're excited to partner with LiveXLive for this livestream to hopefully help bring some light into these uncertain times," said lovelytheband.
The schedule for the upcoming at-home editions of "LiveXLive Presents" is as follows. More episodes will be announced in the coming weeks.
- Friday, March 27th, 11:00 AM PT – Tinashe debuts new music, live from her house in the Hollywood Hills.
- Tuesday, April 7, 2020 - lovelytheband sets up shop for an acoustic set from vocalist Mitchy Collins' living room in Los Angeles.
For more information and schedules, visit livexlive.com. Artists curious about LiveXLive's "Plug+Play" Livestreaming kits can email [email protected].
About LiveXLive Media, Inc.
Headquartered in Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") is a global digital media company focused on live entertainment. The Company operates LiveXLive, the first 'live social music network', delivering premium livestreams, digital audio and on-demand music experiences from the world's top music festivals and concerts, including Rock in Rio, EDC Las Vegas, the Montreux Jazz Festival, and many others. LiveXLive also gives audiences access to premium original content, artist exclusives and industry interviews. For more information, visit www.livexlive.com and follow us on Facebook, Instagram and Twitter at @livexlive.
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue, the Company's ability to attract, maintain and increase the number of its users and paid subscribers, the Company identifying, acquiring, securing and developing content, the Company's ability to maintain compliance with certain financial and other covenants, successfully implementing the Company's growth strategy, including relating to its technology platforms and applications, management's relationships with industry stakeholders, changes in economic conditions, competition, and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2019, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 24, 2019, Quarterly Report on Form 10-Q for the quarter ended December 31, 2019, filed with the SEC on February 7, 2020, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law.
SOURCE LiveXLive Media, Inc.