LiveXLive Partners with iHeartMedia to Stream Upcoming Events Including “iHeartRadio ALTer Ego”

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iHeartRadio ALTer Ego Will Include Performances By Twenty One Pilots,
Muse,The Killers, Weezer and Rise Against on January 19 at the Historic,
‘Fabulous’ Forum in Los Angeles

WEST HOLLYWOOD, Calif.–(BUSINESS WIRE)–LiveXLive Media Inc. (NASDAQ: LIVX) (“LiveXLive”), a
global digital media company focused on live entertainment, today
announced a partnership with iHeartMedia to livestream the 2019
iHeartRadio ALTer Ego taking place at the historic, “Fabulous” Forum in
Los Angeles on January 19, 2019. LiveXLive will announce an additional
livestream in partnership with iHeartMedia in early 2019.

ALTer Ego, now in its second year, will feature the biggest names in
Alternative Rock including Twenty One Pilots, The Killers, Muse, Weezer,
Rise Against, Bishop Briggs and The Revivalists, and the event sold out
in less than a minute of being on sale to the general public. Proud
partners of the 2019 iHeartRadio ALTer Ego include Hulu and Simple Truth.

iHeartRadio ALTer Ego is part of iHeartMedia’s roster of
nationally-recognized events including the iHeartRadio Music Festival,
the iHeartRadio Music Awards, the nationwide iHeartRadio Jingle Ball
Concert Tour Presented by Capital One®, iHeartRadio Fiesta
Latina, the iHeartCountry Festival and the iHeartRadio Wango Tango.

“Our mission is to bring our global audience of music fans the ‘best
seat in the house’ for musically diverse concerts by the most popular
artists,” Rob Ellin, CEO and chairman of LiveXLive said. “iHeartMedia,
with its massive reach across radio, digital and social, and its
culture-defining marquee events such as ALTer Ego, is undeniably a
perfect fit.”

“iHeartRadio ALTer Ego is the premier nationwide alternative music event
of the year,” said John Sykes, President of Entertainment Enterprises
for iHeartMedia. “With tickets having sold out immediately, our
partnership with LiveXLive will give music fans across the country the
opportunity to view this livestream on any device.”

In addition to performances, LiveXLive will livestream original content
created around the artists and the events.

LiveXLive plans to stream more than 27 music festivals and concerts
across the globe featuring over 350 hours of live content during its
2019 fiscal year. The company has quickly expanded its live
opportunities to include single artist, award shows, tributes and other
cultural events.

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 streaming platforms;
a streaming music service; and 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, Montreux Jazz 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.

About iHeartMedia

iHeartMedia is the number one audio company in the United States,
reaching nine out of 10 Americans every month – and with its quarter of
a billion monthly listeners, has a greater reach than any other media
company in the U.S. The company’s leadership position in audio extends
across multiple platforms including 850 live broadcast stations;
streaming music, radio and on demand via its iHeartRadio digital service
available across more than 250 platforms and 2,000 devices including
smart speakers, digital auto dashes, tablets, wearables, smartphones,
virtual assistants, TVs and gaming consoles; through its influencers;
social; branded iconic live music events; and podcasts as the #1
commercial podcast publisher globally. iHeartMedia also leads the audio
industry in analytics and attribution technology for its marketing
partners, using data from its massive consumer base. iHeartMedia is a
division of iHeartMedia, Inc. (PINK: IHRTQ). Visit iHeartMedia.com for
more company information.

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. 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 August 20, 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.

Contacts

Media:
iHeartMeida
Angel Aristone
AngelAristone@iheartmedia.com
646-343-2410

Danielle Vitucci
DanielleVitucci@iheartmedia.com
646-343-2425

Step 3
Rick Jennings
rick@step-3.com
310-428-8575

LiveXLive Media, Inc.
Julie Farman
jfarman@livexlive.com
(310)
597-0355

Investor:
The Blueshirt Group
Alex Wellins
alex@blueshirtgroup.com
(415)
217-5861

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