LiveXLive Summer Slate Extends With Livestreams From Budapest's 7-Day Sziget Festival August 8-14

WEST HOLLYWOOD, Calif., Aug. 6, 2018 /PRNewswire/ -- LiveXLive Media, Inc. (NASDAQ: LIVX) ("LiveXLive"), a global digital media company focused on live entertainment, announced today that it will livestream the Sziget Festival daily from August 8th through August 14th. One of the largest cultural festivals in Europe, Sziget draws more than 500,000 music fans from 100+ countries over the course of its week-long run. LiveXLive will livestream select performances from the festival, as well as behind-the-scenes exclusives and artist interviews, allowing those who can't attend live to experience Sziget from the best seat in the house.

The Sziget Festival, established in 1993, takes place in Northern Budapest, Hungary, on the island of Obudai-szige. Approximately half of Sziget's attendees travel from outside of Hungary for the festival, which was ranked as one of the Top 5 festivals in Europe by the Independent, and twice won the Best Major European Festival Award at the European Festival Awards. Noted for its musical diversity, more than 1000 artists will perform at Sziget. The 2018 lineup includes Kendrick Lamar, Gorillaz, Shawn Mendes, Arctic Monkeys, Dua Lipa, Shawn Mendes, Kygo, Liam Gallagher, and Lana Del Rey.

LiveXLive will stream daily performances and related original content live from the Sziget Festival August 8th through August 14th on https://www.livexlive.com/live-events/festival/sziget-festival, as well as the LiveXLive mobile and OTT apps for iOS, Android, Roku, Amazon Fire TV and Apple TV. An audio stream will be available on LiveXLive's Slacker radio platform at www.slacker.com. The start time and livestream lineup will be announced on www.livexlive.com and LiveXLive's social handles and apps.

For the complete Sziget Festival lineup, visit https://szigetfestival.com.

About LiveXLive Media, Inc.

LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") is a global digital media company dedicated to music and live entertainment. The Company operates LiveXLive, one of the industry's leading live music streaming platforms; 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.

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," "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 and the numerous other factors set forth in the Company's 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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SOURCE LiveXLive Media, Inc.