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LiveXLive Media, a leading platform for audio and video content, announced plans to rebrand as LiveOne, Inc. and change its NASDAQ symbol to LVO. The company aims to spin out its pay-per-view business into a separate public entity, PPVOne, with equity distribution to shareholders expected by March 31, 2022. LiveXLive continues to report strong growth, with over $21 million generated in PPV sales this year and a record revenue for 13 consecutive quarters. The rebranding aligns with the company's strategy to consolidate its services under the unified ONE brand.
LiveXLive Media (NASDAQ: LIVX) announces an exclusive live-stream concert featuring Billy Idol on September 21, 2021, at 7 PM ET. The concert, hosted by Jim Kerr, will be available for free streaming on LiveXLive and broadcast across various iHeartMedia radio stations. In conjunction with the event, Idol will release his new EP, The Roadside, on September 17, featuring the single "Bitter Taste," produced by Butch Walker. This collaboration highlights LiveXLive's commitment to delivering premium content and engaging performances to its audience.
LiveXLive Media (NASDAQ: LIVX) announced it will produce and exclusively livestream a global Pay-Per-View concert featuring K-Pop artist B.I, marking his first performance of the solo album Waterfall. Scheduled for October 2, 2021, the event will offer fans unique content and VIP packages starting at $19.99. LiveXLive has generated approximately $21 million this year through PPV initiatives and partnerships with various artists, enhancing its position in the digital entertainment market.
LiveXLive Media (NASDAQ: LIVX) has partnered with Vaunt Inc. to host a groundbreaking event, the Music Lives: BallerFest Edition, featuring a 3X3 basketball tournament and live performances from major artists. Scheduled for November 12-14, 2021, in Miami's Bayfront Park, the event aims to merge sports and music into a unique entertainment experience. It will showcase international 3X3 basketball teams and feature performances from stars like Wiz Khalifa and Pitbull. The initiative highlights LiveXLive's innovative approach to festival-style entertainment.
PodcastOne, a subsidiary of LiveXLive Media (NASDAQ: LIVX), has signed NFL Pro Bowl Quarterback Jay Cutler for an exclusive podcast series titled Uncut with Jay Cutler, launching on August 25, 2021. The show will feature guests from sports and entertainment, discussing various topical issues. Cutler expressed excitement about sharing diverse perspectives and connecting with his audience. PodcastOne aims to leverage Cutler's broad fanbase to enhance its content portfolio, which already includes over 2.25 billion downloads annually.
LiveXLive Media (Nasdaq: LIVX) has announced a collaboration with Queens Gaming Collective to launch four original series on Twitch, aimed at promoting female gamers. The highlight is the series Spoilers for Days, debuting on August 19, focused on pop culture discussions. Other series include Game Night Unplugged, The Queens Squares, and Mental Health Check. This partnership targets the growing female gamer market, which represents 46% of gaming enthusiasts. This initiative will enhance content diversity and strengthen LiveXLive's brand in the gaming space.
On August 16, 2021, LiveXLive (NASDAQ: LIVX) announced it secured exclusive sales and distribution rights for B-Real's Dr. Greenthumb podcast. This podcast, launched in January 2020, has gained popularity for its unique content focusing on entertainment, music, and cannabis, featuring over 300 episodes with high-profile guests. LiveXLive aims to enhance its offerings through this partnership with PodcastOne, leveraging B-Real's cultural influence in the cannabis community. As a subsidiary of LiveXLive, PodcastOne continues to expand its top-tier podcasting network.
