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LiveXLive Media, Inc.

LiveXLive Announced As A Streaming Distribution Partner For 'Shaq's Fun House vs Gronk Beach Presented By The General Insurance', A Virtual Party With A Purpose To Benefit Social Justice.
6/18/2020
LiveXLive Will Simulcast 'Shaq vs Gronk' to Over 20 Platforms & Channels as They Compete In Epic Challenges & Host Musical Performances from DaBaby, Snoop Dogg, Steve Aoki, Diplo, Carnage, & DJ Diesel, with Event to Benefit NAACP, Boys & Girls Club, & Feeding America

LOS ANGELES, June 18, 2020 /PRNewswire/ -- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global platform for live stream and on-demand audio, video and podcast content in music, comedy, and pop culture, announced today that it will simulcast 'Shaq's Fun House vs Gronk Beach Presented by The General Insurance' featuring Hall of Fame legend and 4X NBA champion Shaquille O'Neal and 3X Super Bowl Champion Rob Gronkowski. The live stream will be available on 20+ platforms and channels, including: LiveXLive's platform, channels and partner platforms, Facebook, TikTok, Twitch, YouTube, Twitter, Apple TV, Roku, Samsung and more, as well as the artists' social channels.

"This is a truly unique format that brings together so many of our favorite things -- music, challenges, amazing artists, and of course, charity," said LiveXLive President, Dermot McCormack. "We're proud to partner with Shaquille O'Neal and Rob Gronkowski to benefit a great cause while having a bit of fun."

The live streamed party with a purpose will feature epic SHAQ vs GRONK challenges and superstar musical performances while raising money for the NAACP and the Boys & Girls Club in an effort to help in the fight against social injustice. In addition, the official food delivery partner of the event, DoorDash, has pledged to donate one meal, for up to 1.25 million meals, to people in need for each viewer in the livestream through their partnership with Feeding America®. The one-of-a-kind global livestream will take place on June 27th starting at 5 pm PT / 8 pm ET. Fans can also tune into Shaq's Fun House vs Gronk Beach Presented by The General Insurance at: www.ShaqVsGronk.com and on TikTok, in addition to LiveXLive.

SHAQ & GRONK are set to compete head-to-head in interactive challenges including the following:
•Lip Sync Battle Presented by The General Insurance
•Game of HORSE Presented by YAPPA
•Jousting Presented by Monster Energy
•Sports Trivia Knowledge
•Buffalo Wild Wings & DoorDash Blazin' Challenge

The winner of each challenge will earn a donation to their charity - Team SHAQ is representing The Boys & Girls Club and Team GRONK is representing the NAACP.

Throughout the live stream, there will be musical performances and live interviews from superstar artists including DaBaby who currently sits at #1 on Billboard's Hot 100 Chart with is song "Rockstar," multi-platinum rapper Snoop Dogg, GRAMMY-nominated global DJ, Steve Aoki, GRAMMY Award-winning producer, DJ and songwriter, Diplo, DJ Carnage and SHAQ making an appearance as DJ Diesel. Hosting this epic event will be journalist and broadcaster for Bleacher Report and Turner Sports, Taylor Rooks. In addition, fans from around the world will be able to show off their best at home dance moves alongside SHAQ & GRONK via The General's Fan Cam - so get ready to DANCE!

LiveXLive also produces "The Big Podcast with Shaq" thru PodcastOne -- a company it anticipates to acquire in June 2020. And, it's recent live stream vodcasts with Adam Carolla have each garnered over 1 million views. LiveXLive has also become a go-to platform for live streaming events that combine music with pop culture of podcasting, sports, arts, fashion, culinary, comedy and wellness. From emerging to established artists, LiveXLive has streamed over 1000 events including a variety of artists and celebrities in 2020 alone: Kygo, Jimmy Buffett, OneRepublic, Zac Brown, Sofi Tukker, Graham Parker, John Hiatt, John Butler, Michael Franti, Nahko, Trevor Hall, FINK, Mike Love, Rising Appalachia, and Krishna Das, Big Gigantic, Hot Chelle Rae, Lauren Jauregui, Billy Joel, Bon Jovi, Chris Rock, Idina Menzel, Jennifer Lopez, Sullivan King, Quix, Nitti Gritti, Dr. Fresch, Champagne Drip, and Pegboard Nerds.

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, TikTok, Twitter at @livexlive, and YouTube.

Forward-Looking Statements
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.

The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Press Contact:
Factory PR
212.941.9934
live@factorypr.com

LiveXLive IR Contact:
310.529.2500
ir@livexlive.com

LiveXLive Announced As A Streaming Distribution Partner For 'Shaq's Fun House vs Gronk Beach Presented By The General Insurance', A Virtual Party With A Purpose To Benefit Social Justice