LiveXLive's 'The Snubbys: OscarsⓇ Edition' - A LiveXLive Franchise Hosted By Comedian Jeff Ross Delivers Double Digit Growth, Up 29% Compared To Series Premiere 'The Snubbys: Grammy Edition'

LOS ANGELES, April 26, 2021 /PRNewswire/ -- LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream 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, scored with its The Snubbys: Oscars® Edition as the original hit franchise saw double digit viewership increase, up 29% in global livestream views within the LiveXLive platform and Facebook crossposts, compared to its series premiere The Snubbys: Grammy edition. 

The Snubbys: Oscars® Edition, hosted by comedian and Roastmaster General Jeff Ross, aired on Friday, April 23, 2021, and paid tribute to some extraordinary talent, like Tom Hanks, Jodi Foster, and Spike Lee - who all deserved but did not receive Oscar nominations. It also featured a parody of the Oscars® "In Memoriam'' segment that highlighted those great film stars that have "snubbed death" this year. Filmed atop a double-decker sightseeing bus with a live audience and keyboardist, Ross explored why these wrongs occurred and treated fans to an epic sing-a-long about this year's #Snubbys honorees.

"Jeff Ross has once again delivered a stellar performance as host of The Snubbys," said LiveXLive's President, Dermot McCormack. "In a year when ratings for awards shows continue to slip, seeing The Snubbys viewership grow by double digits is a testament to Jeff's brilliance and our audiences' thirst for alternative entertainment content. We are excited to see what Jeff does for the Emmys."

The success of the event has LiveXLive committed to expanding the franchise even further, focusing on other seasonal award shows including the Emmys^Ⓡ. Dates of these shows will be announced in the coming weeks.

The full show can be viewed here: The Snubbys: Oscars Edition

The LiveXLive platform offers livestream concerts, festivals, music news, docu-reality series and interviews as well as on-demand audio and audio playlists and vodcasts/podcasts. Ending fiscal year March 31, 2021,  LiveXLive's library has garnered over 150 million views worldwide. LiveXLive has powered global pay-per-view and livestream hits with some of the world's most renowned talent including Billie Eilish, Billy Joel, Blake Shelton, BTS, Camila Cabello, Dua Lipa, Harry Styles, J Balvin, Jennifer Lopez, Justin Bieber, Madonna, Monsta X, Paul McCartney, Pitbull, Taylor Swift, Wiz Khalifa, and Yungblud.

LiveXLive's platform provides an end-to-end solution for artists and bands to go direct to consumer, monetize performances and digital touring, as well as sell merch, NFTs and reach new audiences across LiveXLive's apps, site and OTT channels on Amazon, Apple TV, DISH Sling, STIRR and Roku.

OSCAR(s)® is a registered trademark and service mark of the Academy of Motion Picture Arts and Sciences ("Academy"). LiveXLive is not affiliated with, nor endorsed by, the Academy.

About LiveXLive Media, Inc.
Headquartered in Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") (pronounced Live "by" Live) is a global platform for livestream and on-demand audio, video and podcast content in music, comedy, and pop culture. LiveXLive, which has streamed over 1,800 artists since January 2020, has become a go-to partner for the world's top artists and celebrity voices as well as music festivals concerts, including Rock in Rio, EDC Las Vegas, and many others. In April 2020, LiveXLive produced its first 48-hour music festival called "Music Lives" with tremendous success as it earned over 50 million views and over 5 billion views for #musiclives on TikTok on 100+ performances. LiveXLive's library of global events, video-audio podcasts and original shows are also available on Amazon, Apple TV, Roku and Samsung TVs in addition to its own app, destination site and social channels. The Company's wholly-owned subsidiary, PodcastOne, generates more than 2.25 billion downloads per year with 400+ episodes distributed per week across a stable of hundreds of top podcasts. For more information, visit www.livexlive.com and follow us on Facebook, Instagram, TikTok, Twitter at @livexlive, and YouTube.

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, 2020, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2020, Quarterly Report on Form 10-Q for the quarter ended December 31, 2020, filed with the SEC on February 16, 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:
The Rose Group
Lyndadorf@therosegrp.com
424-645-4620

LiveXLive IR Contact:
310.601.2505
ir@LiveXLive.com

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SOURCE LiveXLive Media, Inc.