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LiveXLive Media (Nasdaq: LIVX) has announced K-Pop artist Wonho's upcoming exclusive pay-per-view virtual concert on March 27, 2021, featuring songs from his new mini-album. This marks his second PPV concert on the platform, following a successful first event. Ticket prices range from $19.99 to $149.99, offering various VIP experiences and exclusive merchandise. LiveXLive aims to support artists through its direct-to-consumer model amidst the pandemic's impact on live performances. Wonho's fanbase, WENEE, has shown substantial support, reinforcing his growing international presence.
LiveXLive Media (NASDAQ: LIVX) has entered an exclusive partnership with Self Made, a music competition platform that empowers fans to vote for up-and-coming artists. This initiative aims to democratize the talent search process, offering winners record, publishing, and management deals worth $100,000. Self Made, founded by Ash Pournouri, previously achieved significant success in Sweden, attracting nearly 20% of the online audience during its launch. The partnership is expected to benefit independent artists by increasing visibility and providing a platform for showcasing talent, combining efforts with LiveXLive's global reach.
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.
LiveXLive Media (LIVX) announced the exclusive premiere of Laura Bell Bundy's music video for her single "American Girl" on February 18, 2021, at 8:00 PM ET. The song, part of Bundy's upcoming album Women of Tomorrow, tackles themes of ageism and sexism. Bundy directed the video, which features symbolic imagery about consumerism and societal expectations. Dermot McCormack, LiveXLive's President, emphasized the partnership's value for promoting Bundy's art across LiveXLive's platforms. The artist will also participate in interviews and additional content related to her music.
LiveXLive Media (NASDAQ: LIVX) has acquired exclusive sales and distribution rights for the podcast Black Girls Texting, expanding its LadyGang Network on PodcastOne. The podcast features hosts Glynn Pogue, Sade Parham, and Chelsea "Pinky" Rojas, with the first episode featuring Robin Thicke airing on February 17, 2021. This collaboration marks the 6th podcast on the LadyGang Network, which has achieved over 110 million downloads. The deal highlights the growing presence of female podcasters, particularly women of color, within the industry.
LiveXLive Media (NASDAQ: LIVX) has partnered with Music Mastery, founded by music executive Charlie Walk, to enhance its artist-first initiatives. The collaboration aims to support rising musical talent by utilizing LiveXLive's platforms, such as Slacker Radio, to feature hundreds of emerging artists. It will focus on creating a record label, artist management, and offering a Distribution-Pro membership for creators. This initiative leverages over 40 proprietary patents in digital music technology and aims to monetize content and foster artist growth through live coaching and masterclasses.
LiveXLive Media, Inc. (LIVX) reported its Q3 fiscal 2021 results with record revenues of $19.1 million, up from $9.7 million in Q3 2020. The contribution margin reached $4.6 million, attributed to growth in advertising and sponsorship revenue. However, the company faced a net loss of $8.7 million and an operating loss of $7.6 million. LiveXLive projected full-year fiscal 2022 revenues between $90 million and $100 million, alongside ongoing strategic alternatives exploration to enhance shareholder value.
On February 10, 2021, LiveXLive (NASDAQ: LIVX) announced the launch of a six-part musical-horror-comedy podcast titled Valentine's Day In Hell. This marks the first project from their joint venture with Audio Up Media. The podcast features popular artists like iann dior and jxdn, and aims to capitalize on the growing podcast market. It will be available on major platforms including Apple and Spotify, with original music related to the series. The first two episodes are currently available, and additional episodes will be released leading up to Valentine's Day.
LiveXLive Media (LIVX) has partnered with Vyre Network and RnB Magazine to present a Valentine's Day Pay-Per-View virtual concert featuring R&B star Trey Songz. Scheduled for February 14 at 8PM EST, the event will offer fans an exclusive experience with performances, interviews, and behind-the-scenes content. Tickets are priced starting at $19.99, aiming to enhance fan engagement through interactive features and merchandise opportunities. The event represents LiveXLive's strategy to leverage high-profile talent while enriching its streaming offerings.
On February 8, 2021, PodcastOne and Audio Up Media released a compelling episode of Mea Culpa featuring Michael Cohen interviewing Stormy Daniels. The podcast reveals shocking details about Daniels' alleged affair with ex-President Donald Trump and their past interactions. This episode marks a significant moment in the ongoing discussions surrounding Trump's presidency. Since joining PodcastOne, Mea Culpa has seen a 30% increase in its listener base. The episode is available on popular platforms like Apple and Spotify.
