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Interesting Tidbits in the Audio World

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Universal Music Group Appoints Dan Morales To Chief Information Officer

 
 
 

Silicon Valley veteran who transformed eBay's technology operation to oversee UMG's global technology systems and lead initiatives to support advanced analytics and data platforms

SANTA MONICA, Calif., March 13, 2019 /PRNewswire/ -- Universal Music Group (UMG), the world leader in music-based entertainment, today announced Dan Morales, a highly regarded technology and finance executive, has been appointed Chief Information Officer (CIO), overseeing UMG's global technology platforms and developing new systems to expand the company's advanced analytics and data platforms.

 

 

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LiveXLive Updates Key Performance Metrics, Achieves more than 50 Million Livestreams

 
 
 

LiveXLive monthly active users and subscriptions increase as global livestreams and content volume grows

WEST HOLLYWOOD, Calif., March 13, 2019 /PRNewswire/ -- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, today reported new record results across all key viewing and content KPIs.

 
Loton_Corp_LiveXLive_Logo.jpg
 

Following cross-platform streams of EDC Mexico and Weezer's Record Release Party at the iHeartRadio Theater in NYC, LiveXLive exceeded 50 million livestreams for the fiscal year to date and set new benchmarks for all the company's significant KPIs. Highlights included:

  • More than 50 million livestreams through February 28, 2019
  • Monthly active users increased by more than 8%, growing to 1.3 million, attributable in part to LiveXLive livestreams on the Slacker platform 
  • Surpassed 660K subscribers, representing over 47% annual growth 
  • Completed 25 livestreamed events including EDC Mexico, Rolling Loud, Life is Beautiful, EDC Las Vegas, Rock on the Range, Country 500, Rock in Rio Lisbon, Montreux Jazz Festival, Sziget Festival and LiveXLive Presents events for the Grammys and CES 
  • Introduced a new brand partnership at EDC Mexico with Dos Equis 
  • EDC Mexico exceeded 3 million livestreams 
  • Streamed more than 425 artists across nearly every genre of music, including Post Malone, Wiz Khalifa, Travis Scott, Nas, T-Pain, Shawn Mendes, Katy Perry, Demi Lovato, Jessie J, The Killers, Jack White, Muse, Deadmau5 and hundreds of others who reached a combined social audience of 2.5 billion 
  • Launched more than 300 pieces of original content 

"With 50 million livestreams, we have exceeded all expectations," said Robert Ellin, Chairman and CEO of LiveXLive. "This fiscal year, we've delivered 25 marquee events, including two shows in partnership with iHeartMedia.  The metrics reflect our increased content offering, the Slacker integration, and the success of our cross-platform initiatives as we continue to build a next-generation funnel for original and archival content." 

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.

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