WEST HOLLYWOOD, Calif.,
Dec. 14, 2018 /PRNewswire/
-- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"),
a global digital media company focused on live entertainment, today
announced that it will provide streamed 360 degree and immersive VR
experiences through Samsung VR for Rolling Loud on
December 14 and 15, 2018. The
collaboration includes both live and VOD content via the Samsung VR
Video mobile app, SamsungVR.com and the Samsung VR service on Gear
VR powered by Oculus. The content will immerse fans in festival
activities and experiences while bringing them closer to some of
their favorite artists.
"At Samsung, we believe technology is an experience that
connects, delights and inspires our users," said Yoon C. Lee, SVP, Division Head, Content and
Services, Product Innovation at Samsung Electronics America. "We
are excited to work with LiveXLive to bring fans closer to their
favorite musical acts through our ecosystem of VR and 360
technology."
"By working with Rolling Loud and Samsung VR Video, we will
offer the community of music fans who are unable to attend the
festival in person not only the 'best seats in the house' but a
truly immersive Rolling Loud experience," said Rob Ellin, Chairman and CEO of LiveXLive.
"Rolling Loud is the biggest hip hop festival in the world, and we
are thrilled that we can combine Samsung's cutting-edge technology
with our livestreaming expertise to unite a worldwide community
around social, engaging live experiences."
Additional select content will include interactive festival
elements and original content captured with Samsung technology.
Users can access the Samsung VR Video app while wearing a VR
headset, providing them with a fully immersive virtual reality
experience.
For more information about Samsung VR, visit SamsungVR.com.
About LiveXLive Media, Inc.
LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") is a global
digital media company focused on live entertainment. The Company
operates LiveXLive, one of the industry's leading live music video
streaming platforms; and Slacker Radio, a streaming music pioneer;
and also produces original music-related content. LiveXLive is the
first 'live social music network', delivering premium livestreams,
digital audio and on-demand music experiences from the world's top
music festivals and concerts, including Rock in Rio, EDC Las Vegas,
Hangout Music Festival, and many more. LiveXLive also gives
audiences access to premium original content, artist exclusives and
industry interviews. Through its owned and operated Internet radio
service, Slacker Radio (www.slacker.com), LiveXLive delivers its
users access to millions of songs and hundreds of expert-curated
stations. The Company also operates a social influencer network,
LiveXLive Influencers. The Company is headquartered in West Hollywood, CA. For more information,
visit us at www.livexlive.com and follow us on Facebook,
Instagram 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. These factors include uncertainties as to
identifying, acquiring, securing and developing content, ability to
attract and retain users, ability to maintain compliance with
certain financial and other covenants, successfully implementing
the Company's and Slacker's growth strategy, including relating to
their technology platforms and applications, management's
relationships with industry stakeholders, changes in economic
conditions, competition, and other risks including, but not limited
to, those described from in the Company's 2018 Annual Report on
Form 10-K, filed with the Securities and Exchange Commission (the
"SEC") on June 29, 2018, the
Company's Quarterly Report on Form 10-Q, filed with the SEC on
November 14, 2018, 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.
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SOURCE LiveXLive Media, Inc.