STOCK TITAN

LiveOne Heads Back To Miami For Music Lives: Ballerfest In Collaboration With Vaunt For Music Lives Festival; Event To Showcase Music And Sports

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

LiveOne (NASDAQ: LVO) has announced its upcoming event, Music Lives: Ballerfest, set for November 12-14, 2021, in Miami. The hybrid festival features performances from top artists such as Mariah Angeliq, DaBaby, and several virtual performances including Wiz Khalifa. The event will be livestreamed on LiveXLive, accommodating both in-person and online audiences. Additionally, it partners with FIBA for the AmeriCup, adding a unique mix of music and sports. Proceeds will benefit MusiCares, underscoring LiveOne's commitment to the music community.

Positive
  • Features a diverse lineup with performances from popular artists including DaBaby and Wiz Khalifa.
  • LiveXLive platform will host livestreams for broader audience reach, enhancing visibility.
  • Partnership with FIBA for AmeriCup adds a unique blend of sports and music, attracting diverse attendees.
  • Proceeds from the event support MusiCares, highlighting social responsibility and community involvement.
Negative
  • None.

LOS ANGELES, Nov. 2, 2021 /PRNewswire/ -- LiveOne (Nasdaq: LVO), a global platform for livestream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of LiveXLive, PodcastOne, Slacker Radio, React Presents, Gramophone Media, and Custom Personalization Solutions,  announced today the live headliners for its upcoming franchise event Music Lives: Ballerfest, a hybrid music festival happening in-tandem with Vaunt. This boundary-pushing inaugural event is setting the stage for a new global festival experience and will be livestreamed on LiveOne's LiveXLive platform. The event will also have in-person fans at the arena which holds 3,000 people.

The lineup for Music Lives: Ballerfest is expansive, spanning across Afrobeat, EDM, Hip Hop, Latin, R&B and country music. Live in-person performances will include Mariah Angeliq, Vintage Culture, Alvarado Diaz, Key Glock, DJ Irie, Shenseea and Tkay Maidza and a special performance from DaBaby. These artists join the already announced virtual performances by Wiz Khalifa, Pitbull, Trey Songz, Trace Adkins, Nelly, Monsta X, Sk8, Lil Tjay, G Herbo, Olivia Lunny, Cannons, Bryce Vine, Marc E. Bassy, Gianni & Kyle, and Jake Miller. This is the third installment of LiveOne's original Music Lives franchise.

In addition to Music Lives: Ballerfest, FIBA, in partnership with VAUNT and in collaboration with LiveOne, will bring the US Men's National Team and Tokyo 2020 Olympic Gold US Women's National Team -- along with 18 Countries represented by the best 3x3 national teams in Americas -- to Miami for the first-ever FIBA 3x3 AmeriCup.

The three day pop-culture event will also feature a celebrity 3x3 basketball game.  Confirmed celebrity participants include legendary boxing champion Floyd Mayweather, Grammy-nominated artist Flo Rida, streetballers and influencers Bone Collector, White Iverson, Hezi God, and Chris Staples. Additional players to be announced shortly.

"We are proud to bring Music Lives back for its 3rd and most ambitious iteration yet," said Dermot McCormack, President of LiveOne. "We have put together an unparalleled collection of content with Music Lives: Ballerfest interweaving not only music, sports and pop culture, but genres like country, Latin, EDM and afrobeat. We are bringing fans an exciting hybrid event that continues our push to be at the leading edge of where live entertainment is going."

"Ballerfest at FIBA 3x3 AmeriCup 2021 is poised to be one of the most unique sport and entertainment events in the post-COVID world, bringing together basketball, music, influencers and culture," said Roger Mason, VAUNT CEO. "It gives VAUNT pride to partner with FIBA and LiveXLive for a diverse lineup and incredible surprises planned this November in Miami."

"I'll have the opportunity to perform with entertainers of all kinds at Ballerfest at FIBA 3x3 AmeriCup 2021. It will be one of the world's greatest party scenes with people from across the Americas, including my country Brazil," said DJ Mag Topster, Vintage Culture. "Our patience through the pandemic is being paid back with a festival that can't be missed."

FIBA 3x3 AmeriCup 2021, will arrive in Miami's Bayfront Park next month. On November 12-14, 2021, in the home of the Miami Heat, Hurricanes, and countless other legendary sports teams, sports and music will collide for an event unlike anything else.

The festival will be live-streamed on LiveXLive's platform at www.livexlive.com. Each day, from (9:30am to 6:30pm EST), the event in person attendance will be free. After 7pm, tickets will be required for entry for the end-of-the-day games and artist performances. All ticket purchases will become part of the LiveOne membership program.

Tickets will be available at MusicLives Ballerfest

To coincide with the 100 planned artists on this year's Music Lives: Ballerfest roster, the shows will be held and broadcasted at several venues across a variety of American cities, ranging from New York City, Los Angeles, Miami, Chicago and Nashville, with the home base for the festival being in Miami. Money raised from the three days of music will go toward MusiCares®, the leading music charity supporting the health and welfare of the music community.

About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is a global talent-first, interactive music, sports, and entertainment subscription platform delivering premium content and livestreams from the world's top artists. The Company has streamed over 1,800 artists since January 2020, a library featuring close to 30 million songs, 500 expertly curated radio stations, 235 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, an NFT business, and has created a valuable connection between brands, fans, and bands. The Company's other major wholly-owned subsidiaries are LiveXLive, PPVOne, Slacker RadioReact Presents, CPS, Gramophone Media, Inc. and PodcastOne. PodcastOne generates more than 2.38 billion downloads per year and 300+ episodes distributed per week across a stable of hundreds of top podcasts. The combination of acquisitions and the expansion of products and franchises have secured LiveOne as a top-rated music, entertainment and media services company. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, STIRR, Sling, and XUMO, in addition to its app, online website, and social channels. PodcastOne: on Facebook, Instagram, and Twitter. LiveXLive 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, spi-off, distribution 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, spin-off, distribution 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 intent to repurchase shares of its common stock from time to time under its announced 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, 2021, filed with the U.S. Securities and Exchange Commission (the "SEC") on July 14, 2021, Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, filed with the SEC on August 16, 2021, 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:
LiveOne
aileen@livexlive.com 
917.842.9653
aavidon@livexlive.com
516.522.1349

LiveOne IR Contact:
IR@liveone.com
310.601.2505

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/liveone-heads-back-to-miami-for-music-lives-ballerfest-in-collaboration-with-vaunt-for-music-lives-festival-event-to-showcase-music-and-sports-301413807.html

SOURCE LiveOne, Inc.

FAQ

What is the date and location of the Music Lives: Ballerfest event?

The Music Lives: Ballerfest event will take place from November 12-14, 2021, in Miami.

Which artists are performing at Music Lives: Ballerfest?

Performers include Mariah Angeliq, DaBaby, Vintage Culture, and virtual acts like Wiz Khalifa and Pitbull.

How can I access the Music Lives: Ballerfest livestream?

The event will be livestreamed on LiveXLive's platform, accessible to both virtual attendees and in-person fans.

What is the purpose of the Music Lives: Ballerfest event?

The event aims to showcase a mix of music and sports while raising funds for MusiCares to support the music community.

What role does FIBA play in the Music Lives: Ballerfest?

FIBA collaborates with LiveOne to host the AmeriCup during the festival, integrating sports with entertainment.

LiveOne, Inc.

NASDAQ:LVO

LVO Rankings

LVO Latest News

LVO Stock Data

116.71M
73.16M
21.69%
27.39%
2.82%
Entertainment
Retail-eating Places
Link
United States of America
BEVERLY HILLS