LOS ANGELES, June 22, 2021 /PRNewswire/ -- LiveXLive Media
(Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream and
on-demand audio, video, and podcast/vodcast content in music,
comedy, and pop culture, and owner of PodcastOne, Slacker Radio,
React Presents, and Custom Personalization Solutions, announced
today that legendary music host Matt
Pinfield will anchor its weekly rock countdown show. The
Weekly Rock Countdown with Matt
Pinfield premiered on Monday,
June 21, 2021, with all-new episodes launching every Monday.
Additionally, Pinfield will soon begin hosting a weekly "Rock News"
segment, which will be a service-wide news feature for all Rock
listeners across LiveXLive.
"I've had great experiences hosting several streaming events
with my good friends at LiveXLive over the last three years. My
ultimate favorite, when I zip-lined across a crowd of 150,000 music
fans while hosting seven straight nights of concerts for the
international broadcast of the Rock in Rio Festival! I am
excited to relaunch the new LiveXLive Weekly Rock
Countdown," said Pinfield.
As the host of the LiveXLive Weekly Rock
Countdown, which has historically been one of LiveXLive's most
popular shows, Pinfield is sure to elevate listeners' experience.
Each week Pinfield will share his expansive knowledge of rock
history and personal stories about some of music's biggest talent -
while he counts down the top songs of the week based on LiveXLive
users' plays, hearts, and shares.
"Matt Pinfield's expertise and
experience with all things 'Rock' runs deep. As the new host of our
LiveXLive Weekly Rock Countdown, listeners will benefit from
Matt's extensive knowledge of music history and one-of-a-kind
stories. We're absolutely thrilled to have Matt join our team as
the ambassador of all things Rock on LiveXLive, and hosting our
LiveXLive Weekly Rock Countdown is just the start," said
Jaime Solis, VP of Product Strategy
& Content of LiveXLive.
The LiveXLive Weekly Rock Countdown is one of six
weekly, exclusive, data-driven countdowns LiveXLive produces. The
show is a weekly countdown of the top 40 Rock songs across the
LiveXLive service based on user engagement metrics such as plays,
"hearts," skips, "shares," and "bans."
LiveXLive has the first talent-centric platform focused on
superfans and building long-term franchises in on-demand audio and
video, podcasting, vodcasting, OTT linear channels, pay-per-view,
NFTs and livestreaming. Its model includes multiple monetization
paths including subscription, advertising, sponsorship, merchandise
sales, licensing, and ticketing. LiveXLive recently raised revenue
guidance for its 2021 fiscal year based on strength in its core
businesses.
About LiveXLive Media, Inc.
Headquartered in
Los Angeles, California, LiveXLive
Media, Inc. (NASDAQ: LIVX) (the "Company") (pronounced Live "by"
Live) is a leading global all-in-one streaming artist-first
platform delivering premium music and entertainment content and
live-streams from the world's top artists, expertly curated
streaming radio stations, podcasts, and original video and
audio-on-demand content, as well as personalized merchandise,
connecting artists to millions of fans every day. The Company has
streamed over 1,800 artists since January
2020 and has created a valuable connection between bands,
fans, and brands by building long-term franchises in audio, video,
podcasting, pay-per-view (PPV), live-streaming, and specialty
merchandise. LiveXLive is available on iOS, Android, Roku, Apple
TV, and Amazon Fire, and through OTT, Samsung TV, STIRR, Sling, and
XUMO, in addition to its own app, online website, and social
channels. The Company's wholly-owned subsidiary PodcastOne,
generates more than 2.25 billion downloads per year with 400+
episodes distributed per week across a stable of hundreds of top
podcasts. The Company's other major wholly-owned subsidiaries
are LiveXLive, Slacker Radio, React Presents, and Custom
Personalization Solutions. For more information, visit
www.livexlive.com and follow us 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 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 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, 2020, filed with the U.S. Securities and Exchange
Commission (the "SEC") on June 26,
2020, Quarterly Report on Form 10-Q for the quarter ended
December 31, 2020, filed with the SEC
on February 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:
LiveXLive
aileen@livexlive.com
917.842.9653
The Rose Group
LyndaDorf@therosegrp.com
424.645.4620
Brittany@therosegrp.com
614.226.9542
LiveXLive IR Contact:
ir@LiveXLive.com
310.601.2505
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SOURCE LiveXLive Media, Inc.