LiveXLive Media, Inc. (NASDAQ:LIVX) Q3 2019 Earnings Conference Call Transcript

Feb 12, 2019 • 05:00 pm ET


LiveXLive Media, Inc. (NASDAQ:LIVX) Q3 2019 Earnings Conference Call Transcript


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Good day, and welcome to the LiveXLive Media Third Quarter 2019 Earnings Conference Call and Webcast. All participants will be in listen-only mode. (Operator Instructions) After today's presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Whitney Kukulka, Investor Relations. Please go ahead.

Whitney Kukulka

Thank you. Good afternoon, and welcome to the LiveXLive financial results conference call for the third quarter of fiscal year 2019 ending December 31st, 2018. Joining me on today's call are Rob Ellin, Co-Founder and CEO, and Mike Zemetra, CFO.

I would like to remind you that some of the statements made on today's call are forward-looking, and are based on current expectations, forecasts, and assumptions that involve risks and uncertainties. These statements include, but are not limited to statements regarding the future performance of LiveXLive, including expected financial results for the fourth quarter and full year 2019 and the future growth of the business. Actual results may differ materially from those discussed in this call for a variety of reasons. Please refer to the Company's filings with the SEC for information about factors which could cause our actual results to differ materially from these forward-looking statements, including those described in the Company's Annual Report on Form 10-K for the year ended March 31st, 2018 and subsequent SEC filings. Importantly, this conference call contains time sensitive information that is accurate only as of the date of this call, February 12th, 2019.

You will find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today in our earnings release, which is posted on the Investor Relations section of the website at And I encourage you to periodically visit our IR website for important content.

The following discussion including responses to your questions reflects management's view as of today, February 12th, 2019 only, and except as required by law, we do not undertake any obligation to update or revise this information after the date of this call.

Now, let me turn the call over to Rob Ellin. Rob?

Robert S. Ellin

Thanks everyone for joining us today -- on today's call. Our third quarter -- this third fiscal quarter has been transformative for LiveXLive. We are thrilled with our Q3 results and the progress we have made so far this year. During the quarter, we streamed six daily (ph) platforms and events, including initial (inaudible) of our second Rolling Loud and expanded our partnership with Live Nation, streaming the Mac Miller Celebration tribute, successfully launching our partnership with iHeart Media. And we successfully launched LiveZone, an exciting development for the future LiveXLive, as we -- and we continue to expand the breadth of our relationship with all of our key partners, AEG, Insomniac, Live Nation and others.

LiveZone is the sportscenter of music and will change the way live music is consumed. We solidified LiveXLive as an authentic voice globally in live music, bringing top culture into the zone.