LiveXLive and Associated Press Collaborate for Cutting-Edge News Programming

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LOS ANGELES, July 12, 2021 / PRNewswire / – LiveXLive Media (Nasdaq: LIVX) (“LiveXLive”), a global platform for live streaming and on-demand audio, video and podcast / vodcast content in the fields of music, comedy and pop culture, and owner of PodcastOne, Lazy radio, React presentand Custom Personalization Solutions, today announced that The Associated Press, the independent global news organization dedicated to factual reporting, is now the leading source of News / Talk content on the LiveXLive platform.

LiveXLive owns the Slacker Radio platform, the radio streaming service that runs on its mobile app, web, and TV. Thanks to the collaboration with The Associated Press, LiveXLive offers a user-curated “AP News” station, where listeners can skip, play / pause and customize their own unique news / chat experience.

The relationship between LiveXLive and PA signals a movement towards the contemporary cornerstone of entertainment and information, such as PA New now fulfills the role ABC News once busy for LiveXLive.

PA also releases the “AP Headline News Update“, a 90-second news break, inserted into the music streams of users who have opted for news updates, occurring once an hour and providing listeners with the most timely updates of the day Headlines, national and global news, as well as updates on politics, technology, entertainment and sports will all be included.

PA has proven to be the world’s leading source of information, ”says Dermot mccormack, President of LiveXLive. “As LiveXLive continues to push the boundaries of entertainment, we are excited to work with PA and happy to provide our users with a complete and informative streaming experience. “

“We are delighted to provide LiveXLive listeners with AP’s unbiased and factual media coverage,” said Michel Fabien, AP Vice President and General Manager for Media of the Americas. “This collaboration allows us to be part of innovative digital initiatives that expand the reach of AP’s factual journalism.”

LiveXLive owns the first talent-centric platform focused on superfans and building long-term franchises in audio and video on demand, podcasting, vodcasting, linear OTT channels, pay-per-view , NFTs and live streaming. Its model includes multiple monetization paths including subscription, advertising, sponsorship, merchandise sales, licensing, and ticketing on LiveXLive’s apps, site, and OTT channels on Amazon, Apple TV, Sling, Roku. and STIRR. LiveXLive recently raised its revenue forecast for its 2021 fiscal year based on the strength of its core businesses.

For more information, please visit /www.livexlive.com.

About LiveXLive Media, Inc.
Based at Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the “Company”) (pronounced Live “by” Live) is a global interactive music, sports and entertainment subscription platform offering premium content and live broadcasts from the world’s best artists. The Company has broadcast more than 1,800 artists since January 2020, a library of nearly 30 million songs, 500 expert curated radio stations, 235 podcasts / vodcasts, hundreds of pay-per-views, personalized products, an NFT business and has created a valuable link between brands , fans and bands. The other major wholly owned subsidiaries of LiveXLive Media are LiveXLive, Slacker Radio, React Presents, Custom Customization Solutions and PodcastOne, which generates over 2.27 billion downloads per year, over 300 episodes distributed per week over a stable of hundreds of leading podcasts. The combination of acquisitions and the expansion of products and franchises has made LiveXLive a leading music, entertainment and media services company. LiveXLive is available on iOS, Android, Roku, Apple TV, and Amazon Fire, and through OTT, STIRR, Sling, and XUMO, in addition to its app, online website, and social channels. For more information visit www.livexlive.com and follow us on Facebook, Instagram, TIC Tac, and Twitter at @livexlive.

Forward-looking statements
All statements other than statements of historical fact contained in this press release are “forward-looking statements”, which can often, but not always, be identified by the use of words such as “could”, “could”, ” will be “,” will probably result “,” should “,” should “,” estimate “,” plan “,” project “,” foresee “,” intend “,” expect “,” anticipate “,” believe ”,“ seek ”,“ continue ”,“ target ”or the negative of these 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: dependence from the Company to a key client for a substantial percentage of its revenues; the ability of the Company to carry out any financing, acquisition or transaction project, the timing of the closing of such a proposed event, including the risks that a closing condition will not be met within the expected timeframe or not at all, or that the closing of any proposed project financing, acquisition or transaction will not take place or if such event will increase shareholder value; the Company’s ability to continue to operate; the Company’s ability to attract, maintain and increase the number of its paying users and subscribers; the Company identifying, acquiring, securing and developing content; the Company’s intention to repurchase shares of its common stock from time to time as part of its announced share repurchase program and the timing, price and quantity of repurchases, if any, in connection with the program ; the Company’s ability to maintain compliance with certain financial and other covenants; the Company is successfully implementing its growth strategy, particularly with regard to its technological platforms and applications; management’s relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; the risks and uncertainties applicable to the activities 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 year ended March 31, 2020, filed with the United States 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 obligation to update such statements, except as 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
[email protected]
917.842.9653

Contact IR LiveXLive:
[email protected]
310.601.2505

SOURCE LiveXLive Media, Inc.

Related links

https://www.livexlive.com


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