LiveXLive acquires Slacker Radio

|About: LiveXLive Media, Inc. (LIVX)|By:, SA News Editor

LiveXLive Media (OTCPK:LIVX) closed its acquisition of Slacker Radio.

"LiveXLive is leading the evolution of the music business and we believe Slacker is a perfect complement to our video platform," said Robert Ellin, CEO and Chairman of LiveXLive Media. "We look forward to working with the Slacker team as we combine the best audio and video content across live and recorded music. By combining LiveXLive's leadership in music festival streaming and our massive music video content with Slacker's proven audio platform, we immediately expand our reach and dramatically accelerate our ability to deliver world-class music-related entertainment across platforms – on a global scale," continued Mr. Ellin.

Press Release

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