LiveXLive Media, Inc.
Honor Lists LiveXLive As a Top 10 'Best Online Music Streaming Service' Alongside Amazon Music, Apple Music, SiriusXM, Spotify and YouTube Music
LOS ANGELES, May 18, 2020 /PRNewswire/ -- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, has been recognized as one of the top 10 "Best Online Music Streaming Services for 2020" by PC Mag and named the 'Best for Curated Channels.' The recognition puts LiveXLive alongside other music streaming notables like Amazon Music, Apple Music, SiriusXM, Spotify and YouTube Music, which were each listed on PC Mag's power list.
PC Mag highlights LiveXLive's DJ-hosted 'Artist: DNA' station, featuring established artists like Ariana Grande, Taylor Swift, Lizzo and greats like Miles Davis, as one example of the company's superior curatorial efforts. LiveXLive's 1100+ curated channels provide meaningful discovery for both consumers and artists alike.
During the Covid-19 pandemic, artists Echosmith, Brandy Clark, and Hot Chelle Rae have seen success with 'Locked Down Playlists' featuring songs that keep them going during these crazy times. LiveXLive has also produced a viral compilation called 'Tiger King Radio,' 'Homeschooling Soundtrack' and bar-scene tracks 'Virtual Lounge' tailored to cultural moments in time.
New curated live streamed performances and interviews from LiveXLive's own original series like 'LiveZone,' 'LiveXLive Presents' and 'Music Lives' and live streamed partner events with iHeartMedia, Global Citizen are added daily. So far this year, LiveXLive has already tripled its live performances having streamed over 936 artists since January 1, 2020 as compared to 300 artists in calendar year 2019. It's also diversified its offering to include comedy, news, pop culture and will soon add thousands of world-renowned podcasts with its recent acquisition of PodcastOne, expected to close in June 2020. The company recently announced plans to expand into pay-per-view live stream events further adding to LiveXLive's continuously growing library of content available to its audience.
LiveXLive also puts curation in the hands of its audience. Listeners can customize each station by "liking" or "banning" songs or artists creating a unique collaborative effort to make the perfect station. Whether listening on LiveXLive.com, its mobile app, Smart TV apps or in the car, LiveXLive's unified audio-video-live stream offering delivers the ultimate personalized destination for video, audio, podcasts, and social.
"Curation is crucial to the enhanced user experience which we've been focused on for the LiveXLive platform," said Robert Ellin, Chairman and CEO of LiveXLive. "It's a testament to the excellence of the product we've built and we're proud to be listed among our contemporaries as an Editor's Choice pick in music streaming."
LiveXLive has invested in building a superior end-to-end platform for artists, fans and brands. Its platform gives music fans the best seat in the house for festivals, concerts and events worldwide. LiveXLive's streams are also available on Amazon, Apple TV, Roku and Samsung TVs. LiveXLive operates a live events business and offers branded entertainment, content development, advertising, merchandising, and live streaming services. For more information about LiveXLive, please visit www.livexlive.com
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. In April 2020, LiveXLive produced its first 48-hour music festival called 'Music Lives' with tremendous success as it earned over 50 million views and over 4.8 billion views, to date, for #musiclives on TikTok for the 100+ performances that took place as part of the festival. 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, TikTok, Twitter at @livexlive, and YouTube.
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 consummate the proposed acquisition of PodcastOne and the timing of the closing of the proposed transaction, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of the proposed acquisition will not occur; 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; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; 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. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
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LiveXLive Recognized For 'Best Curated Channels' By PC Mag