The collaboration includes cutting-edge virtual reality technology to be unveiled December 14 and 15, 2018
WEST HOLLYWOOD, Calif., Dec. 14, 2018 /PRNewswire/ -- LiveXLive Media, Inc. (LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, today announced that it will provide streamed 360 degree and immersive VR experiences through Samsung VR for Rolling Loud on December 14 and 15, 2018. The collaboration includes both live and VOD content via the Samsung VR Video mobile app, SamsungVR.com and the Samsung VR service on Gear VR powered by Oculus. The content will immerse fans in festival activities and experiences while bringing them closer to some of their favorite artists.
"At Samsung, we believe technology is an experience that connects, delights and inspires our users," said Yoon C. Lee, SVP, Division Head, Content and Services, Product Innovation at Samsung Electronics America. "We are excited to work with LiveXLive to bring fans closer to their favorite musical acts through our ecosystem of VR and 360 technology."
"By working with Rolling Loud and Samsung VR Video, we will offer the community of music fans who are unable to attend the festival in person not only the 'best seats in the house' but a truly immersive Rolling Loud experience," said Rob Ellin, Chairman and CEO of LiveXLive. "Rolling Loud is the biggest hip hop festival in the world, and we are thrilled that we can combine Samsung's cutting-edge technology with our livestreaming expertise to unite a worldwide community around social, engaging live experiences."
Additional select content will include interactive festival elements and original content captured with Samsung technology. Users can access the Samsung VR Video app while wearing a VR headset, providing them with a fully immersive virtual reality experience.
For more information about Samsung VR, visit SamsungVR.com.
About LiveXLive Media, Inc.
LiveXLive Media, Inc. (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.
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 from 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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