LiveXLive Leverages the Power of Its Music Streaming Platform with Post-Grammy Awards Event

WEST HOLLYWOOD, Calif., Feb. 12, 2019 /PRNewswire/ -- Sunday night, immediately following the Grammy Awards, LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive") livestreamed the fifth concert in its "LiveXLive Presents" series. Broadcasting live from the Peppermint Club in Los Angeles, the show was headlined by five-time Grammy nominee Rick Ross and pop provocateur Charli XCX, with Bia, DJ MettyBeats, G. Perico, Jay Hype, London On Da Track, Shaboozey, and Sheck Wes.  The event produced over 1.1 million liveviews across LiveXLive's music platform, turning a packed VIP event for hundreds of industry insiders into a global media event.

"LiveXLive continues its evolution with 'LiveXLive Presents' shows, most recently with the blow-out event held last month at CES in Las Vegas," said Robert Ellin, Chairman and CEO of LiveXLive. "Last night, with the entire music industry in Los Angeles for the Grammys, we livestreamed nine amazing artists to over 1.1 million fans across the world."

The event further distinguishes LiveXLive from a leading festival broadcaster to a creator of unique showcases and artist-breaking opportunities. Previous original live music events curated under the "LiveXLive Presents" banner have featured artists such as Chromeo, Playboi Carti and Nas. 

LiveXLive plans to stream more than 27 music festivals, concerts and other live music events across the globe featuring over 400 hours of live content during its 2019 fiscal year.  The company continues to expand its offering, with original series programming, single artist concerts, "LiveXLive Presents," and award show content. 

More images from the February 10 "LiveXLive Presents" event can be found at https://assignments.gettyimages.com/mm/nicePath/gyipa_public?nav=pr641583345

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 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.

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