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LiveXLive Partners With iHeartMedia To Exclusively Stream The "iHeartCountry Album Release Party With Florida Georgia Line" On February 19, 2021

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LiveXLive Media has partnered with iHeartMedia to exclusively livestream the 'iHeartCountry Album Release Party with Florida Georgia Line' on February 19, 2021, at 7 PM local time. The online event celebrates Florida Georgia Line's fifth album, Life Rolls On, released on February 12, 2021, featuring performances and exclusive interviews. LiveXLive has accumulated over 118 million views in 2020 and has worked with numerous high-profile artists. This collaboration signals an expanding partnership between LiveXLive and iHeartMedia, aimed at providing global audiences with engaging musical experiences.

Positive
  • Exclusive livestream partnership with iHeartMedia enhances brand visibility.
  • LiveXLive's library achieved over 118 million views in 2020, indicating audience growth.
  • Florida Georgia Line's strong market presence may attract more viewers and subscribers.
Negative
  • Dependence on iHeartMedia for a substantial percentage of partnership-related revenue risks potential volatility.

LOS ANGELES, Feb. 19, 2021 /PRNewswire/ -- LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream and on-demand audio, video and podcast content in music, comedy and pop culture announced today that they will partner with iHeartMedia to exclusively livestream stream the "iHeartCountry Album Release Party with Florida Georgia Line" on Friday, February 19 at 7 pm local time.

The "iHeartCountry Album Release Party with Florida Georgia Line" will celebrate their fifth album, Life Rolls On (BMLG Records), released on February 12, 2021. The virtual event, hosted by iHeartRadio's Brooke Taylor, will feature a performance, exclusive interview and needle drops from their new album with a livestream on LiveXLive and radio broadcast across iHeartMedia's Mainstream Country radio stations at 7pm local time.

"As our partnership continues to grow and strengthen with iHeartMedia, we are happy to share this experience with audiences worldwide via our exclusive livestream. These country mega-stars never stop delivering passionate performances and unmatched energy. Fans won't be disappointed," stated Dermot McCormack, president of LiveXLive.

The LiveXLive platform offers livestream concerts, festivals, music news, docu-reality series and interviews as well as on-demand audio and audio playlists and vodcasts/podcasts. In 2020, LiveXLive's library has garnered over 118 million views worldwide. LiveXLive has powered global pay-per-view and livestream hits with some of the world's most renowned talent including Pitbull, Monsta X, Darius Rucker, Kygo, Jimmy Buffett, Zac Brown, Sofi Tukker, Darius Rucker, Hot Chelle Rae, Billy Joel, Bon Jovi, Chris Rock, Idina Menzel, Jennifer Lopez, Sullivan King, and Champagne Drip.

About Florida Georgia Line
GRAMMY-nominated duo Florida Georgia Line have been making history since 2012. The global superstars are the first and only Country act to achieve two RIAA DIAMOND-certified singles with 11X PLATINUM, #1 breakout "Cruise" (the best-selling digital Country single of all time – SoundScan) and 10X PLATINUM, #1 "Meant to Be" with Bebe Rexha (holding the longest reign on the Billboard Hot Country Songs chart at 50 straight weeks). With their fifth studio album, LIFE ROLLS ON (BMLG Records), featuring current Top 10 hit single "Long Live," FGL keeps proving themselves as in-demand collaborators and "one of the format's premier musical shapeshifters" (Esquire), including recent releases "Lil Bit" (Nelly), "It's About Time" (Russell Dickerson), plus "Drinkin' Beer. Talkin' God. Amen." (Chase Rice). FGL's tallied 17 career #1 singles, 13.1+ billion streams, sold more than 33.9 million tracks and 4.7 million albums worldwide, logged 1.5 billion video views, and played to over 4 million fans spanning massive arena and stadium headline tours. Honored by ACM, AMA, Billboard, CMA, and CMT Music Awards, their creative empire also includes FGL House Party Radio with Florida Georgia Line on Apple Music Country, and thriving business initiatives: FGL HOUSE, meet + greet, Round Here Records, Tree Vibez Music, Tribe Kelley, Old Camp Whiskey, and Wolf Moon Bourbon (with Jason Aldean).

About iHeartMedia
iHeartMedia (NASDAQ: IHRT) 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 more than 850 live broadcast stations in over 160 markets nationwide; through its iHeartRadio digital service available across more than 250 platforms and 2,000 devices; through its influencers; social; branded iconic live music events; other digital products and newsletters; and podcasts as the #1 podcast publisher. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio product, using data from its massive consumer base. Visit iHeartMedia.com for more company information.

About LiveXLive Media, Inc.
Headquartered in Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") (pronounced Live "by" Live) is a leading global all-in-one streaming artist-first platform delivering premium music and entertainment content and livestreams from the world's top artists, expertly curated streaming radio stations, podcasts, and original video and audio on-demand content, as well as personalized merchandise, connecting artists to millions of fans every day. The Company has streamed over 1,800 artists since January 2020 and has created a valuable connection between bands, fans and brands by building long-term franchises in audio, video, podcasting, pay-per-view (PPV), livestreaming, and specialty merchandise. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, Samsung TV, STIRR, Sling, and XUMO, in addition to its own app, online website and social channels. The Company's wholly owned subsidiary PodcastOne, generates more than 2.25 billion downloads per year with 400+ episodes distributed per week across a stable of hundreds of top podcasts. The Company's other major wholly owned subsidiaries are LiveXLiveSlacker Radio, React Presents and Custom Personalization Solutions. For more information, visit www.livexlive.com and follow us on Facebook, Instagram, TikTok and Twitter at @livexlive.

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 consummate any proposed financing, acquisition or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition or transaction will not occur or whether any such event will enhance shareholder value; the Company's ability to continue as a going concern; 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; risks and uncertainties applicable to the businesses of the Company's subsidiaries; 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, 2020, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2020, Quarterly Report on Form 10-Q for the quarter ended September June 30, 2020, filed with the SEC on November 16, 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:
The Rose Group
Lyndadorf@therosegrp.com
424-645-4620

LiveXLive IR Contact:
ir@livexlive.com
310-601-2500

iHeartMedia
DanielleVitucci@iheartmedia.com

Florida Georgia Line
jensen@sweettalkpr.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/livexlive-partners-with-iheartmedia-to-exclusively-stream-the-iheartcountry-album-release-party-with-florida-georgia-line-on-february-19-2021-301231696.html

SOURCE LiveXLive Media, Inc.

FAQ

What is the date and time of the iHeartCountry Album Release Party with Florida Georgia Line?

The event will take place on February 19, 2021, at 7 PM local time.

Where can I watch the iHeartCountry Album Release Party livestream?

The event will be livestreamed exclusively on the LiveXLive platform and broadcast across iHeartMedia's Mainstream Country radio stations.

What is the significance of LiveXLive's partnership with iHeartMedia for stock symbol LIVX?

This partnership may enhance LIVX's brand visibility and audience engagement, potentially benefiting its financial performance.

What album is being celebrated during the iHeartCountry Album Release Party?

Florida Georgia Line's fifth album, Life Rolls On, released on February 12, 2021, is being celebrated.

How many views did LiveXLive's library accumulate in 2020?

LiveXLive's library garnered over 118 million views worldwide in 2020.

Which artists have collaborated with LiveXLive in the past?

LiveXLive has featured artists like Pitbull, Monsta X, and Jimmy Buffett among others.

What are the risks associated with LiveXLive's partnership with iHeartMedia?

The reliance on iHeartMedia for revenue positions LiveXLive at risk of financial volatility if the partnership does not meet expectations.

iHeartMedia, Inc.

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