LiveXLive President Dermot McCormack Recognized As A "Maestro" On Pollstar's "Impact 50" Annual Power List
LOS ANGELES, July 20, 2020 /PRNewswire/ -- Dermot McCormack, president of LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global platform for live stream and on-demand audio, video and podcast content in music, comedy and pop culture, has been recognized by leading industry music publication Pollstar as part of its Second Annual "Impact 50" power list.
Pollstar's "Impact 50" list honors the executives who are most impacting the live entertainment industry in innovation, leadership, artist development, fan engagement, altruism, social awareness, and commitment to excellence.
"I can't think of an executive who deserves this more than Dermot," said Robert Ellin, CEO and Chairman of LiveXLive. "He's a charming and disarming force when it comes to business. His passion for music, culture, artists and bringing goodness into the world is what has motivated this team to push the boundaries of what we thought was even possible going into Covid. We're proud to congratulate him on this honor!"
Dermot is recognized in the "Maestros" category of executives who take a "concept or vision and turn it into a brilliant show or event." Dermot oversaw and led LiveXLive's history-making live stream festival -- Music Lives. The event, which aired in April 2020, brought together over 100 artists from all genres, and all parts of the world, for 48-hours of performances to benefit MusiCares. The event was the first to be fully-produced in-house by LiveXLive - from talent booking to production and marketing, Music Lives garnered over 5 billion video views on TikTok and 50 million live stream views.
"Clearly, live streaming is important, and I think COVID has sped up its adoption," McCormack said in the Pollstar profile. "Fans love live music and they often don't have the opportunity or ability to attend concert venues. Through our streaming platform, we are delivering ive performances of their favorite artists and bands."
McCormack joins peers from Live Nation, AEG Presents, WME, UTA, Ticketmaster, Insomniac and Live From Out There, who are also recognized on Pollstar's Impact 50 list for 2020.
McCormack joined LiveXLive as its president in early 2019 fiscal year. An entrepreneur and leader with tenure at Viacom and AOL, McCormack's leadership, along with the LiveXLive executive team, has led LiveXLive to its most successful quarters, at a time when most businesses are struggling. LiveXLive has live streamed over 1200 artists so far in calendar 2020.
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SOURCE LiveXLive Media, Inc.
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