LOS ANGELES, Sept. 10, 2021 /PRNewswire/ -- LiveXLive
Media (NASDAQ: LIVX) ("LiveXLive"), a global platform for
live-stream 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 it will
produce and exclusively livestream a global Pay-Per-View (PPV)
concert with K-Pop sensation and rapper B.I. This will mark B.I's
first concert performing his new solo album Waterfall. The
live PPV event is scheduled for Saturday,
October 2 at 11pm EST,
Sunday, October 3, 2021 at
12pm KST.
The livestream pay-per-view is B.I's anticipated return to live
performing. B.I is a hip-hop artist but incorporates R&B, pop,
soul, and acoustic into his songs. B.I is known for his global
single "Got It Like That", featuring Destiny Rogers and Tyla Yaweh released on
May 14th. On June 1st, B.I dropped his first full-length
studio album, Waterfall, which includes his lead single
"illa illa," which TIME Magazine listed as one
of "The Best K-Pop Songs of 2021 So Far." The music video for "illa
illa" broke a record of 12.7 million views in 24 hours, making B.I
the most viewed male solo artist debut music video within the first
24 hours. Additionally, his album Waterfall was #1 on iTunes
in 24 countries.
The full performance on LiveXLive will not only feature B.I's
concert but also a unique PPV experience with behind-the-scenes
footage. Fans will have more access to B.I's world and connect with
his music through a VIP personal experience. PPV Packages start at
$19.99, with limited VIP packages
available including a virtual meet and greet and exclusive B.I
merchandise. Tickets go on sale Wednesday,
September 1 at 10pm EST /
Thursday, September 2 at 11am KST and can be purchased
at LiveXLive.com/131LivePresents.
"LiveXLive is excited to partner with B.I and his team," said
Rob Ellin, CEO of LiveXLive. "B.I
has repeatedly been on LiveXLive's top charts since his album
Waterfall was released this year. We are thrilled to work
alongside B.I to create a unique and unforgettable experience for
both him and his fans worldwide."
KEEP UP WITH B.I ON SOCIALS:
INSTAGRAM | SPOTIFY | TWITTER| YOUTUBE
https://ir.livexlive.com/corporate-profile/default.aspx
Since it announced PPV and digital touring in May 2020, LiveXLive has generated approximately
$21 million in PPV packages,
sponsorships, and merchandise sales in the current calendar year.
LiveXLive produced over 100 PPV events with talent like Social
Gloves: Battle of the Platforms featuring Lil Baby, Migos, DJ
Khaled and Latto, Trace Adkins, Darius
Rucker, and Modern Drummer Festival. Plus Dispatch, Ripe,
Mihali, Chromeo, James Petralli,
Twiddle, Ani DiFranco's Long Time
Gone, and nationally-known festival Live From Out There.
LiveXLive's PPV initiative drives a new revenue-sharing model for
both artists and LiveXLive via digital ticket sales, fan tipping,
digital meet and greets, merchandise sales,and sponsorship,
enabling artists to go direct-to-consumer using LiveXLive's PPV
platform.
About B.I
B.I is a renowned South Korean rapper,
songwriter, singer, and producer. B.I rose to the top of the charts
after being on Show Me the Money 3 where he released his
first digital single "Be I". Today, he is known for his global
single "Got It Like That", featuring Destiny Rogers and Tyla Yaweh, as well as his
first full-length studio album, Waterfall, which includes
his lead single "illa illa". B.I is credited with writing and
composing all his songs on his album released through his company,
131 Label X IOK Music. In 2018, he was recognized as songwriter of
the year at the 10th Melon Music Awards. B.I is a very influential
artist with a global following that is constantly growing.
Currently, B.I is an active social media user with 3.5 million
followers on Instagram, over 600k
followers on TikTok, and over 700k
followers on Twitter.
About LiveXLive Media Inc.
Headquartered in
Los Angeles,
California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the
"Company") (pronounced Live "by ''Live) is a global talent-first,
interactive music, sports, and entertainment subscription platform
delivering premium content and livestreams from the world's top
artists. The Company has streamed over 1,800 artists since
January 2020, a library featuring
close to 30 million songs, 500 expertly curated radio stations, 235
podcasts/vodcasts, hundreds of pay-per-views, personalized
merchandise, an NFT business, and has created a valuable connection
between brands, fans, and bands. LiveXLive Media's other major
wholly-owned subsidiaries are LiveXLive, Slacker Radio, React
Presents, Custom Personalization Solutions, and PodcastOne, which
generates more than 2.27 billion downloads per year and 300+
episodes distributed per week across a stable of hundreds of top
podcasts. The combination of acquisitions and the expansion of
products and franchises have secured LiveXLive as a top-rated
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, 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, 2021, filed with the U.S. Securities and Exchange
Commission (the "SEC") on July 14,
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
LiveXLive IR Contact:
ir@LiveXLive.com
310.601.2505
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SOURCE LiveXLive Media, Inc.