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LiveXLive To Exclusively Stream The Virtual 2021 "iHeartRadio ALTer EGO Presented by Capital One" On January 28

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LiveXLive Media (NASDAQ: LIVX) announced an exclusive streaming event for the 2021 iHeartRadio ALTer EGO, taking place on January 28, 2021, at 9 PM ET. This event, part of LiveXLive's multi-year partnership with iHeartMedia (NASDAQ: IHRT), will feature performances by major Alternative Rock artists like Billie Eilish and the Foo Fighters. LiveXLive has gained significant traction in 2020, achieving over 110 million views globally, enhancing its presence in the live-streaming landscape.

Positive
  • Exclusive streaming rights for the 2021 iHeartRadio ALTer EGO event, showcasing major artists.
  • Strong partnership with iHeartMedia, enhancing LiveXLive's market position.
  • Achieved over 110 million views globally in 2020, indicating growing user engagement.
Negative
  • None.

LOS ANGELES, Dec. 18, 2020 /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, and owner of PodcastOne, Slacker Radio and React Presents, announced today that it will exclusively stream the 2021 iHeartRadio ALTer EGO presented by Capital One on January 28, 2021 at 9pm ET/ 6pm PT.

This marquee event is part of LiveXLive's multi year partnership with iHeartMedia (NASDAQ: IHRT), which runs through 2022 and includes more than 25 iHeartRadio festivals and theater shows annually – the iHeartCountry Festival, iHeartRadio Fiesta Latina, the iHeartCountry Veteran's Day event as well as an international stream of the iHeartRadio Music Festival and iHeartRadio Jingle Ball.

The iHeartRadio ALTer EGO event will feature the biggest names in Alternative Rock, including all-new performances and stories from Billie Eilish and the Foo Fighters. In addition, the event will feature previous iconic ALTer EGO performances from Beck, The Black Keys, blink-182, Cage The Elephant, Coldplay, The Killers, Mumford & Sons, Muse, twenty one pilots and Weezer on January 28, 2021 to celebrate everything Alternative Rock.

We are excited to continue our partnership with iHeartMedia. It has been a terrific honor to continue this long standing relationship with the consummate industry leader," said Dermot McCormack, president of LiveXLive. "ALTer EGO's caliber of talent provides non-stop entertainment for our global audience."

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 110 million views worldwide. LiveXLive has powered global pay-per-view and livestream hits with some of the world's most renowned talent including Monsta X, Darius Rucker, Kygo, Jimmy Buffett, OneRepublic, Zac Brown, Sofi Tukker, Darius Rucker, Graham Parker, John Hiatt, John Butler, Michael Franti, Nahko, Trevor Hall, FINK, Mike Love, Rising Appalachia, 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.

LiveXLive's platform provides an end-to-end solution for artists and bands to go direct to consumer, monetize performances and digital touring, as well as sell merch and reach new audiences across LiveXLive's apps, site and OTT channels on Amazon, Apple TV, DISH Sling, Roku and Samsung TVs.

Artists and/or events subject to change or cancellation without notice. 

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 commercial 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 global platform for live stream and on-demand audio, video and podcast content in music, comedy, and pop culture. LiveXLive, which has streamed over 1,500 artists since January 2020, has become a go-to partner for the world's top artists and celebrity voices as well as music festivals concerts, including Rock in Rio, EDC Las Vegas, 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 5 billion views for #musiclives on TikTok on 100+ performances. LiveXLive's library of global events, video-audio podcasts and original shows are also available on Amazon, Apple TV, Roku and Samsung TVs in addition to its own app, destination site and social channels. The Company's wholly-owned subsidiary, PodcastOne, generates more than 2.1 billion downloads annually across more than 300 podcasts. For more information, visitwww.livexlive.com and follow us on Facebook, Instagram, TikTok, 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 or acquisition and the timing of the closing of such proposed transactions, 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 transaction will not occur; 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 intent to repurchase shares of its common stock from time to time under the stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; 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 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
Isabela@Therosegrp.com
424-645-4620

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

 

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SOURCE LiveXLive Media, Inc.

FAQ

When will LiveXLive stream the iHeartRadio ALTer EGO event?

LiveXLive will stream the iHeartRadio ALTer EGO event on January 28, 2021, at 9 PM ET.

Which artists will perform at the 2021 iHeartRadio ALTer EGO?

The event will feature performances from artists including Billie Eilish and the Foo Fighters.

What is the significance of the partnership between LiveXLive and iHeartMedia?

The partnership allows LiveXLive to stream more than 25 festivals and events annually, strengthening its content portfolio.

How many views did LiveXLive achieve in 2020?

In 2020, LiveXLive garnered over 110 million views worldwide.

What platforms does LiveXLive use for streaming?

LiveXLive streams content on its app, site, and OTT channels including Amazon, Apple TV, and Roku.

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