LAS VEGAS, Oct. 24, 2021 /PRNewswire/ -- Lomotif, the
popular video-sharing social networking platform and TikTok rival,
welcomed its special guests Lil Nas X and The Kid Laroi to the 2021
Electronic Daisy Carnival (EDC) as the duo made a surprise
performance during the festival. Lomotif used the occasion to
launch LoMo TV - a new entertainment and lifestyle network
offering original programming within the Lomo app. LoMo TV begins
airing live today where it is a streaming partner. During EDC
LoMo TV will feature exclusive backstage content and interviews at
the concert, as well as an exclusive performance from Lil Nas
X and a new song debuting from the superstar artist.
It was Ted Farnsworth (Chairman
of Lomotif parent company ZASH Global Media) and Olivia Rudensky, (CEO and Founder of FANMADE),
who made the 11th hour arrangements for Lil Nas X and
Kid Laroi to perform for fans live, with millions able to share the
experience remotely via the Lomotif livestream and through LoMo
TV.
LoMo TV will feature TikTok personality Matt Peterson (mattpeterson_), and hundreds
of popular digital influencers who will be backstage at EDC giving
viewers exclusive interviews and content throughout the
weekend.
Lomotif was chosen as an official streaming partner
for the world's largest EDM festival alongside YouTube, Twitch,
TikTok and Roblox. Lomotif is exclusively streaming all
performances on kineticFIELD , the main stage at EDC. The deal is
designed to increase the global social media distribution of EDC
which is currently taking place in Las
Vegas.
"EDC is the perfect venue for us to launch LoMo TV, a full scale
entertainment and lifestyle programming with hours of original
programming," said Ted Farnsworth,
chairman, ZASH. "As leaders in music and entertainment, we are
building on the launch of LoMo
Records and will look to continue to disrupt the music and
entertainment industry."
LoMo TV is the most recent Lomotif brand extension, following
the launch of LoMo Records,
the L.A. based independent immersive record label. Continuing
its mission to empower independent artists and creators,
LoMo Records is partnering with
artists and creators to provide expert label services and global
distribution to breaking new talent from their platform Lomotif as
well as work with other music labels. LoMo
Records leverages parent company ZASH Global Media's entire
ecosystem including dramatically expanding the artists global reach
through their proprietary social media accelerator platform under
AdRizer. LoMo Records bridges the
gap between the traditional music standards and the emerging
creator economy.
Lomotif is an exceedingly popular video-sharing social
networking platform, and budding rival to TikTok, and Kuaishou. One
of the fastest growing video-sharing social networking platforms in
its category over the last three years, there are currently 225+
million installations of the Lomotif app globally in 200+ countries
in 300+ languages. Over 300 million videos are watched on the
platform per month and over 10 billion atomic clips (User Generated
Content (UGC)) have been used to create more than 740+ million
videos on the platform since its launch. To watch EDC 2021 on the
Lomotif platform, users can download the app on the Apple Store or
Google Play for Android.
About Lomotif
Lomotif is the leading video-sharing
social networking platform that is democratizing video creation.
Since the company was co-founded by video enthusiast Paul Yang in 2014, Lomotif has been granted
three technology patents uniquely focused on empowering creators to
share and watch short videos with ease through remix and
collaboration. Yang's bold vision is to build the world's largest
video vocabulary to accelerate the world's transition to
video-first expression. Lomotif, available in the Apple and Google
stores, is a breakthrough downloadable app for hip hop, rap, and
urban culture across the United
States and Latin America.
Lomotif is one of five partners selected by Snapchat for a
bi-directional integration for posting stories between the two
platforms. For additional information about Lomotif
Private Limited, please visit Lomotif's website at
www.lomotif.com.
About ZASH Global Media and Entertainment
Corporation
ZASH Global Media and Entertainment Corporation
is an evolving network of synergetic companies working together to
disrupt the media and entertainment industry as we know it today.
The ZASH team is managed by a group of smart, if not somewhat
brazen, consummate disruptors. ZASH believes its management team
has an exceptional and unparalleled ability to pivot because their
knowledge and experience is steadfast and unyielding. For
additional information about ZASH Global Media and Entertainment
Corporation, please visit ZASH's website at www.zash.global.
About Vinco Ventures, Inc.
Vinco Ventures, Inc.
(NASDAQ: BBIG) is a mergers and acquisition company focused on
digital commerce and consumer brands. Vinco's B.I.G. (Buy.
Innovate. Grow.) strategy will seek out acquisition opportunities
that are poised for scale and grow said acquisitions through
targeted traffic and content campaigns. For more information,
please view Vinco's investor presentation or visit
Investors.vincoventures.com.
Forward-Looking Statements and Disclaimers (ZASH)
This
press release contains "forward-looking" statements within the
meaning of federal securities laws. Forward-looking statements
include, among others, statements concerning or implying future
financial performance, anticipated product performance and
functionality of ZASH's products or products incorporating ZASH's
products, and industry trends and growth opportunities affecting
ZASH. Such information are based upon beliefs of, and
information currently available to, ZASH management as well as
estimates and assumptions made by ZASH's management. These
statements can be identified by the fact that they do not relate
strictly to historic or current facts. When used in this
presentation the words "estimate," "expect," intend," believe,"
plan," "anticipate," "projected" and other words or the negative of
these terms and similar expressions as they relate to ZASH or
ZASH's management identify forward-looking statements. These
forward-looking statements include statements regarding the
potential business synergies resulting from ZASH's acquisition of
Lomotif and ZASH's proposed merger with Vinco, the potential market
for ZASH's and Lomotif's product offerings, customer adoption and
use of the Lomotif platform, and the ability of ZASH to monetize
product offerings, including the Lomotif platform. Such
statements and the other forward-looking statements in this press
release reflect the current view of ZASH with respect to future
events and are subject to risks, uncertainties, assumptions and
other factors relating to ZASH and Lomotif's industries, operations
and results of operations and any businesses that may be acquired
by ZASH. Should one or more of these risks or uncertainties
materialize, or the underlying assumptions prove incorrect, actual
results may differ significantly from those anticipated, believed,
estimated, expected, intended, or planned. Although ZASH believes
that the expectations reflected in the forward-looking statements
are reasonable, it cannot guarantee future results, performance, or
achievements. All forward-looking statements are qualified in their
entirety by this cautionary statement. ZASH is providing this
information as of the date of this release and does not undertake
any obligation to update any forward-looking statements contained
in this release as a result of new information, future events, or
otherwise.
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SOURCE Lomotif