LOS ANGELES, May 21, 2018 /PRNewswire/ -- LiveXLive
Media Inc. (NASDAQ: LIVX) ("LiveXLive") and
Montreux Jazz Festival, the second largest jazz festival in
the world, have signed a five-year agreement that establishes
LiveXLive as the exclusive global livestreaming and content partner
for the festival outside of Switzerland. LiveXLive's coverage of the
16-day festival will be shown over two weekends and feature
headlining performances, artist interviews, and additional original
content bringing the unique setting and history of the festival to
life, live from Lake Geneva,
Switzerland. Additionally, LiveXLive will create a
production and content studio within the festival grounds that will
create and deliver additional programming as part of merging
on-site activation with digital amplification. Select live
performances will also be available in the U.S. via audio streaming
on LiveXLive's Slacker Radio platform.
This year marks the 52nd edition of the festival and
will include performances from nearly every music genre, attracting
over 240,000 attendees. This year's varied collection of headliners
includes: N.E.R.D, Jack White,
Tyler, the Creator, Nine Inch Nails, Queens of the Stone Age,
Iggy Pop, Van Morrison, Deep Purple, Billy Idol, The Hollywood Vampires, and many
others.
"We're honored to align with such an iconic festival property
and to be able to transport viewers from around the world to Lake
Geneva for such a diverse array of musical performances," said
Rob Ellin, chairman and CEO of
LiveXLive Media. "Additionally, our original programming from the
festival grounds will add a new level of engagement between fans
and brands. We look forward to working with Quincy Jones and his team to ensure that we
share this truly unique and rich experience with music fans in a
way never seen before."
Said Montreux Jazz Festival Artist Ambassador Quincy Jones, "We are beyond thrilled to have
LiveXLive on board with us this year to share the experience and
excitement of the Montreux Jazz Festival with the rest of the
world. There's absolutely no doubt that technology has
significantly changed how we digest music, and live streaming
has become an integral component of the overall experience. So, it
makes my soul smile to have LiveXLive as our partner, and I can't
wait for the rest of the world to experience what I call, 'The
Rolls-Royce of All Festivals'!"
This partnership is the latest in a series of recent
livestreaming announcements for LiveXLive, further establishing the
company as the leading digital distributor of live music
programming. This year, LiveXLive plans to stream more than 27
music festivals and concerts across the globe with over 350 hours
of live content as well as unique original programming. LiveXLive's
livestreaming portfolio includes marquee festivals such as Rock
in Rio Brazil, Rock in Rio Lisbon, EDC Las Vegas, Hangout
Music Festival, Bumbershoot, Country 500, Paleo Festival de Nyon
and Rock on the Range, among many others.
The live coverage of the Montreux Jazz Festival will commence on
June 29. Music fans around the globe
have the ability to access the festival content from nearly any
connected screen – from desktop and mobile, to Apple iOS, Android
devices, Roku, Amazon Fire TV, Apple TV as well as via Slacker
Radio.
About LiveXLive Media, Inc.
LiveXLive Media, Inc.
(NASDAQ: LIVX) (the "Company") is a global digital media
company dedicated to music and live entertainment. The Company
operates LiveXLive, one of the industry's leading live
music streaming platforms; Slacker Radio, a streaming music
pioneer; and also produces original music-related
content. LiveXLive is the first 'live
social music network', delivering premium
livestreamed, 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 Beverly Hills,
CA. For more information, visit us at www.livexlive.com and
follow us on Facebook, Instagram and Twitter at
@livexlive.
About Montreux Jazz Festival
Founded by Claude Nobs in
1967, the Montreux Jazz Festival has since become a landmark event.
Not because it draws more than 250,000 visitors, or because those
two weeks in Montreux make up one of the best-known events in
Europe and beyond, but rather
because the Festival has kept its soul intact throughout all this
growth. Proximity between the biggest artists and their audiences
in concert halls of reasonable capacity and a quality listening
experience all combine to produce unique concerts. Montreux has
seen historic performances by artists including Nina Simone, Miles
Davis, Ella Fitzgerald,
Marvin Gaye, Prince, Leonard Cohen, David
Bowie, and Stevie Wonder.
From the very beginning, motivated by a peerless commitment to
sound quality, the Festival has recorded all its concerts using the
latest technologies. This unique collection of audiovisual archives
includes more than 11000 hours of live music and has been
recognized by UNESCO's Memory of the World Register.
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 "expects", "anticipates",
"intends", "estimates", "plans", "potential", "possible",
"probable", "believes", "seeks", "may", "will", "would," "should",
"could" 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, 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 Registration Statement on Form S-1,
Amendment No. 5, filed with the Securities and Exchange Commission
on December 15, 2017 (the "SEC") and
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.
View original content with
multimedia:http://www.prnewswire.com/news-releases/montreux-jazz-festival-and-livexlive-sign-a-multi-year-livestream-and-content-distribution-partnership-300651310.html
SOURCE LiveXLive Media, Inc.