Welcome to our dedicated page for LIVX news (Ticker: LIVX), a resource for investors and traders seeking the latest updates and insights on LIVX stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect LIVX's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of LIVX's position in the market.
On April 8, 2021, LiveXLive Media (NASDAQ: LIVX) announced the launch of The Kelly Osbourne and Jeff Beacher Show, debuting May 4, 2021. The podcast, hosted by pop culture icon Kelly Osbourne and showman Jeff Beacher, promises an engaging blend of humor and candid discussions. Osbourne, who recently lost 90 pounds, and Beacher, who lost 260 pounds, will share personal stories and insights. The show will be filmed at the Hollywood Roosevelt Hotel, aiming to capture a live theater experience and is set to be available on major platforms including PodcastOne and Spotify.
LiveXLive Media (NASDAQ: LIVX) has announced a strategic partnership with Hard Rock International to host the live pay-per-view (PPV) event, Social Gloves: Battle of the Platforms, on June 12, 2021, at Hard Rock Stadium in Miami Gardens. This event will feature popular social media stars in a boxing competition and a unique music festival, accommodating up to 30,000 attendees. The partnership aims to enhance event distribution across Hard Rock properties and includes co-creation of merchandise. The initiative is part of LiveXLive's comprehensive content and engagement strategy.
LiveXLive Media (LIVX) has increased its revenue guidance for FY 2022 to between $100 million and $110 million, with an Adjusted Operating Income expectation of $1.5 million to $3.0 million. For FY 2021, revenue is refined to $64.5 million to $65.5 million. The company ended FY 2021 with over 1.075 million paid subscribers and livestreamed over 140 events with a remarkable 533% growth in Q4 views. The CEO expressed optimism about operational metrics and future revenue potential from events and new partnerships.
LiveXLive Media (NASDAQ: LIVX) announced the success of its second annual 'Music Lives' festival held from March 26-30, 2021, featuring over 130 artists. The event achieved nearly 28 million livestream views across 179 countries. Major social media engagement included 464,000 interactions, a 170% increase from last year. The festival was notable for releasing an NFT poster and supporting the MusiCares COVID-19 Relief Fund. CEO Robert Ellin emphasized the immersive experience for fans and the potential for future in-person performances alongside virtual events.
LiveXLive Media (NASDAQ: LIVX) announced a distribution partnership with Vice Media Group for the Music Lives virtual festival, held from March 26 to 29, 2021. The partnership utilized Vice's VMG Live platform to reach a broader audience, achieving over 23 million livestream views. The festival featured 130 artists and included the first NFT music festival poster. Sponsored by Lomotif and Monster Energy, it was free for fans globally and celebrated women's contributions in music. LiveXLive continues to expand its streaming services, focusing on monetization through multiple channels.
LiveXLive Media (Nasdaq: LIVX) announced the launch of a new division focused on non-fungible tokens (NFTs) and digital art content on March 26, 2021. This initiative aims to create, promote, and sell NFTs including music, merchandise, and tickets, starting with a limited edition NFT festival poster for its annual event, Music Lives. The company plans to collaborate with artists, enhancing revenue streams while leveraging its extensive platform that includes live streaming, podcasts, and original content.
LiveXLive Media (Nasdaq: LIVX) has announced a partnership with video-sharing platform Lomotif for the global distribution of its content. The collaboration includes the sponsorship of the Music Lives festival, running from March 26 to March 28, 2021, featuring over 120 artists. Lomotif, with over 225 million installations, aims to enhance LiveXLive's visibility in key markets like Brazil, Russia, and Singapore. The event will showcase original content, NFTs, and merchandise, leveraging Lomotif's extensive reach to engage fans and promote the LiveXLive brand.
LiveXLive Media (Nasdaq: LIVX) announced the launch of a series of pay-per-view (PPV) shows on Facebook's new paid online event feature, focusing on comedy, sports, and podcasting. The initial event, "Social Gloves: Battle of the Platforms," is scheduled for June 5, 2021, featuring social media stars in a boxing competition. LiveXLive aims to leverage new marketing strategies in collaboration with Facebook to enhance subscriptions and engage audiences. Additional PPV shows across various genres are expected to be announced soon.
LiveXLive Media (Nasdaq: LIVX) announced its second annual global streaming music festival, Music Lives 2021, scheduled from March 26 to March 28, featuring over 120 artists. This festival, which initially launched during COVID-19 to support MusiCares, will also debut the first-ever NFT music festival poster. The free festival includes performances from major acts like Zac Brown Band and Davido, as well as emerging talent. Last year's festival achieved over 50 million views, showcasing LiveXLive's significant engagement in the streaming music space.
LiveXLive Media (Nasdaq: LIVX) announces the debut of Lil TJay in a special Pay-Per-View (PPV) event on March 31, 2021, celebrating his new album launch. The event, titled The Lil TJay Experience, will be accessible at 8 PM Eastern and features ticket options starting at $15.99. Lil TJay, a rising star with over 5 million Instagram followers, aims to connect uniquely with fans through this livestream. The initiative supports artists amid pandemic-related concert restrictions, offering VIP experiences and exclusive merchandise.
