LOS ANGELES, Oct. 21, 2019 /PRNewswire/ -- LiveXLive
Media Inc. (NASDAQ: LIVX) ("LiveXLive"), a global
digital media company focused on live entertainment, today
announced the appointment of Bridget
Baker to its Board of Directors. Ms. Baker, the CEO of Baker
Media, Inc., and former president of content distribution at
NBCUniversal, has also been named to the Board's compensation
committee. Her appointment is effective as of October 20, 2019.
At NBCUniversal, Ms. Baker launched CNBC and MSNBC, and played a
key role steering the company into cable and emerging technologies.
She was instrumental in building and later overseeing NBCU's
multibillion subscription revenue business, helping to establish
one of the most valuable network portfolios in the world. From 2002
– 2012, she was involved in acquisitions and integrations totaling
nearly $50 billion, including
Bravo, Telemundo,
Vivendi/Universal, Oxygen and Comcast. Ms. Baker served on NBCU's
management committee and was at the forefront of a wide range of
strategic initiatives, from expanded coverage of the Olympic Games
to the creation of Hulu.
"Bridget's deep expertise across the media landscape make her a
perfect addition to our board as we continue to develop our
programming, grow our global distribution, and expand our
leadership team," said Robert Ellin,
Chairman and CEO of LiveXLive. "She is an innovator and a
visionary, as she has demonstrated over and over again via her
extraordinary record of success building asset value across
television, cable and streaming platforms."
"I am excited to join the board of directors of LiveXLive," said
Ms. Baker. "LiveXLive's platform delivers global social engagement
to passionate music superfans through mobile first technology and I
look forward to helping shape its future."
The recipient of the Vanguard Award for Leadership, one of the
cable industry's highest honors, Ms. Baker was the first and only
woman to serve on the board of communications provider General
Communication Inc. of Alaska until
its merger in 2018 with Liberty Interactive. Ms. Baker serves
on the Executive Committee and Board of Directors of The Cable
Center, an educational nonprofit organization that advances
innovation in media and telecommunications and is a 17-year trustee
of her alma mater, Pitzer College, in
Claremont, CA. Ms. Baker
studied Modern British Politics at Exeter College, Oxford
University, and received her BA in Political Studies from
Pitzer College where she was honored in
2010 as a Distinguished Alumni. With roots in Alaska, Ms. Baker began her career on Capitol
Hill as an aide to United States
Senator Ted Stevens and serves on
the board of directors of the Ted Stevens Foundation.
Ms. Baker joins LiveXLive directors Ramin Arani, former lead portfolio manager
Fidelity Investments; Craig
Foster, former CFO of Amobee; Jay
Krigsman, EVP and Asset Manager of the Krausz
Companies; Kenneth Solomon,
CEO of The Tennis Channel; Tim
Spengler, President of Dentsu Aegis; Patrick Wachsberger, the founder and president
of Picture Perfect and the former Co-Chairman of Lionsgate;
Jerry Gold, LiveXLive's Chief
Strategy Officer and former CFO of Warner
Music; and LiveXLive's CEO and Chairman Robert Ellin.
A next generation live social music platform connecting bands,
brands, and fans, LiveXLive has livestreamed premier music
festivals from all over the world, producing in excess of 288 hours
of content featuring 226 artists since April
1, 2019. LiveXLive has also developed a slate of
original programming that includes more than 300 pieces of
short-form content comprised of live performances, podcasts, artist
interviews, lifestyle segments, and show pilots. Unifying people
globally through the universal language of music, LiveXLive has
livestreamed concerts and festivals all over the world, from
Shanghai to Mexico City.
About LiveXLive Media, Inc.
Headquartered in Los Angeles,
California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the
"Company") is a global digital media company focused on live
entertainment. The Company operates LiveXLive, 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, the
Montreux Jazz Festival, and many others. LiveXLive also gives
audiences access to premium original content, artist exclusives and
industry interviews. For more information,
visit 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 growth strategy, including relating to its 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 in
the Company's Annual Report on Form 10-K for the fiscal year ended
March 31, 2019, filed with the
Securities and Exchange Commission (the "SEC") on June 24, 2019, Quarterly Report on Form 10-Q for
the quarter ended June 30, 2019,
filed with the SEC on August 8, 2019,
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.