Loton, Corp’s (OTC: LIVX) LiveXLive subsidiary has entered into an agreement securing the worldwide multi-year streaming rights for the historic 1,900 seat Saban Theatre in Beverly Hills, CA. LiveXLive will produce and distribute HD digital broadcast experiences of the world’s leading performers to any connected device.
“We are excited to have LiveXLive as our partner. LiveXLive will create and curate ongoing branded content including live streamed concert, and other lifestyle events from our historic venue”
“We are excited to have LiveXLive as our partner. LiveXLive will create and curate ongoing branded content including live streamed concert, and other lifestyle events from our historic venue,” stated David Baron, Head of the BHPAC at the Saban Theatre.
The five-year agreement includes exclusive rights to stream all Saban Theatre events live across the globe on the LiveXLive website and mobile app in addition to select distribution partner platforms including web, mobile, radio, audio, television, virtual reality and other devices.
“With the Rock in Rio, Tao Group, KoKo’s, and Saban Theatre partnerships in addition to the creation of new shows, LiveXLive is well on its way to realizing the company’s vision to aggregate thousands of hours of premium live music and other exclusive curated content across the globe,” said Robert Ellin, LiveXLive Founder and Chairman. “LiveXLive is building the first independent global live music and lifestyle network providing fans access to experience music around the world like never before and all from the palm of their hand.”
In advance of the formal launch of LiveXLive later this year, the company will continue to acquire rights to top music festivals in addition to nightlife performances and other live music and curated content. The company is in discussions with content and distribution partners, venues and artists from around the world.
About the Saban Theatre
The Saban Theatre has been a significant cultural and architectural landmark for Los Angeles and Beverly Hills since its opening as the Fox Wilshire Theatre in 1930. The theatre produces year round music events as well as other engagements including acts such as Snoop Dogg, Adam Lambert, Billy Idol, Journey, Billy Crystal, Eddie Murphy, Dave Chappelle among other greats.
About Loton, Corp (OTC: LIVX)
Loton, Corp (LIVX.OB) is a parent company in the emerging live / digital music space. The company’s LiveXLive subsidiary intends to be the world’s first premium live music streaming network that will deliver around the clock live music to viewers on any connected device as an authentic and experiential platform. The platform plans to offer the world’s leading music festivals with multiday and multistage coverage, unique concerts, intimate performances and cutting edge programming. We plan to extend the live experience to fans on desktop, laptop, mobile, tablets, consoles, connected TVs and virtual reality platforms. The LiveXLive network expects to provide compelling and curated content that showcases the entire spectrum of music to include music inspired fashion, food, and lifestyle content and showcase interviews, backstage access and both fan and artist perspectives. LiveXLive intends to feature all genres of music including rock, pop, indie, alternative, EDM, country and feature major festival headliners as well as emerging artists performing at clubs and venues around the globe.
Forward Looking Statement
Statements in this news release concerning future results from operations, financial position, economic conditions, product releases and any other statement that may be construed as a prediction of future performance or events are forward looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements. These factors include uncertainties as to levels of orders, ability to record revenues, release schedules, market acceptance of new products, changes in economic conditions and market demand, pricing and other activities by competitors, and other risks including those described from time to time in the Company’s filings on Forms 10-K and 10-Q with the Securities and Exchange Commission, press releases and other communications.