LiveXLive Partners with iHeartMedia to Stream Upcoming Events Including "iHeartRadio ALTer Ego"

Business Wire 14-Jan-2019 8:00 AM

iHeartRadio ALTer Ego Will Include Performances By Twenty One Pilots, Muse,The Killers, Weezer and Rise Against on January 19 at the Historic, ‘Fabulous' Forum in Los Angeles

LiveXLive Media Inc. (NASDAQ:LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, today announced a partnership with iHeartMedia to livestream the 2019 iHeartRadio ALTer Ego taking place at the historic, "Fabulous" Forum in Los Angeles on January 19, 2019. LiveXLive will announce an additional livestream in partnership with iHeartMedia in early 2019.

ALTer Ego, now in its second year, will feature the biggest names in Alternative Rock including Twenty One Pilots, The Killers, Muse, Weezer, Rise Against, Bishop Briggs and The Revivalists, and the event sold out in less than a minute of being on sale to the general public. Proud partners of the 2019 iHeartRadio ALTer Ego include Hulu and Simple Truth.

iHeartRadio ALTer Ego is part of iHeartMedia's roster of nationally-recognized events including the iHeartRadio Music Festival, the iHeartRadio Music Awards, the nationwide iHeartRadio Jingle Ball Concert Tour Presented by Capital One®, iHeartRadio Fiesta Latina, the iHeartCountry Festival and the iHeartRadio Wango Tango.

"Our mission is to bring our global audience of music fans the ‘best seat in the house' for musically diverse concerts by the most popular artists," Rob Ellin, CEO and chairman of LiveXLive said. "iHeartMedia, with its massive reach across radio, digital and social, and its culture-defining marquee events such as ALTer Ego, is undeniably a perfect fit."

"iHeartRadio ALTer Ego is the premier nationwide alternative music event of the year," said John Sykes, President of Entertainment Enterprises for iHeartMedia. "With tickets having sold out immediately, our partnership with LiveXLive will give music fans across the country the opportunity to view this livestream on any device."

In addition to performances, LiveXLive will livestream original content created around the artists and the events.

LiveXLive plans to stream more than 27 music festivals and concerts across the globe featuring over 350 hours of live content during its 2019 fiscal year. The company has quickly expanded its live opportunities to include single artist, award shows, tributes and other cultural events.

About LiveXLive Media, Inc.

LiveXLive Media, Inc. (NASDAQ:LIVX) (the "Company") is a global digital media company focused on live entertainment. The Company operates LiveXLive, one of the industry's leading live music streaming platforms; a streaming music service; and produces original music-related content. LiveXLive is 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, Montreux Jazz Festival, and many more. LiveXLive also gives audiences access to premium original content, artist exclusives and industry interviews. Through its owned and operated Internet radio service, Slacker Radio (www.slacker.com), LiveXLive delivers its users access to millions of songs and hundreds of expert-curated stations. The Company also operates a social influencer network, LiveXLive Influencers. The Company is headquartered in West Hollywood, CA. For more information, visit us at www.livexlive.com and follow us on Facebook, Instagram and Twitter at @livexlive.

About iHeartMedia

iHeartMedia is the number one audio company in the United States, reaching nine out of 10 Americans every month – and with its quarter of a billion monthly listeners, has a greater reach than any other media company in the U.S. The company's leadership position in audio extends across multiple platforms including 850 live broadcast stations; streaming music, radio and on demand via its iHeartRadio digital service available across more than 250 platforms and 2,000 devices including smart speakers, digital auto dashes, tablets, wearables, smartphones, virtual assistants, TVs and gaming consoles; through its influencers; social; branded iconic live music events; and podcasts as the #1 commercial podcast publisher globally. iHeartMedia also leads the audio industry in analytics and attribution technology for its marketing partners, using data from its massive consumer base. iHeartMedia is a division of iHeartMedia, Inc. (OTC:IHRTQ). Visit iHeartMedia.com for more company information.

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. These factors include uncertainties as to identifying, acquiring, securing and developing content, ability to attract and retain users, ability to maintain compliance with certain financial and other covenants, successfully implementing the Company's and Slacker's growth strategy, including relating to their technology platforms and applications, management's relationships with industry stakeholders, changes in economic conditions, competition, and other risks including, but not limited to, those described from in the Company's 2018 Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on June 29, 2018, the Company's Quarterly Report on Form 10-Q filed with the SEC on August 20, 2018 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.

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