Liveone, Inc. · NASDAQ:LVO
Liveone — LiveXLive Media — Investor Presentation (February 2019)
33 slides from Liveone's investor presentation, Feb 19, 2019
Slide 1: LiveXLive: The Global Live Music Lifestyle Media Brand for All Screens
LIVEXLIVE THE GLOBAL LIVE MUSIC LIFESTYLE MEDIA BRAND FOR ALL SCREENS NASDAQ: LIVX
Slide 2: Safe Harbor
SAFE HARBOR The information in this presentation is provided to you by LiveXLive Media, Inc. (the “Company”) solely for informational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or instrument of the Company, or to participate in any investm
Slide 3: World's Leading Premium Streaming Platform Devoted to Live Music
LIVE X LIVE IS THE WORLD’S LEADING PREMIUM STRE A MI N G P LATFORM DEVOTED TO LIVE MUSIC, INTERNET RADIO AND MUSIC - RELATED VIDEO CONTENT
Slide 4: World Class Management Team
Doug Schaer – Chief Opera+ng Officer Experienced business strategist specializing in franchise asset development in entertainment and sports OPERATING TEAM WITH DEEP INDUSTRY EXPERIENCE AND RELATIONSHIPS Ma - Baxter – Head of Content Extensive experience in Original Programming, including video produc
Slide 5: Distinguished and Experienced Board of Directors
5 DISTINGUISHED AND EXPERIENCED BOARD OF DIRECTORS Ramin Arani – Independent Director Former lead manager of Fidelity’s Puritan Fund and current Board member of Vice Media, Ellen Digital and Opportunity Network Current President of Densu Aegis and former President of Clear Channel Media and Interpub
Slide 6: Click the above image to view the video
6 Click the above image to view the video
Slide 7: Festival Growth to Revenue Growth – Live Nation Case Study
FESTIVAL GROWTH TO REVENUE GROWTH – LIVE NATION CASE STUDY Source: Live Nation 7 $ - $10.00 $20.00 $30.00 $40.00 $50.00 $60.00 0 2,500 5,000 7,500 10,000 Ma r - 10 Sep - 10 Mar - 11 Sep - 11 Mar - 12 Sep - 12 Mar - 13 Sep - 13 Mar - 14 Sep - 14 Mar - 15 Sep - 15 Mar - 16 Sep - 16 Mar - 17 Sep - 17 M
Slide 8: Key Macro Drivers
KEY MACRO DRIVERS
Slide 9: Significant Unmet Demand for New Ways to Experience Live Music
SIGNIFICANT UNMET DEMAND FOR NEW WAYS TO EXPERIENCE LIVE MUSIC 2014 2020 201 2.9 Billion 1.6 Billion GROWTH OF MOBILE Over 2.5 billion smartphone users globally in 2018 LOVE OF LIVE MUSIC 32M people attend at least one music festival in the U.S. annually 51% of U.S. attended a live music event in 20
Slide 10: Premium Services and Advertising Dollars Going Through a Fundamental Shift
PREMIUM SERVICES AND ADVERTISING DOLLARS ARE GOING THROUGH A FUNDAMENTAL SHIFT 401 MILLION global OTT video paid subscribers in 2017 176 MILLION global music paid subscribers in 2017 64% OF INTERNET USERS globally use a music streaming service PAY FOR PREMIUM SERVICES SUBSCRIBE TO MULTIPLE SERVICES
Slide 11: Not a Winner Take All Market
NOT A WINNER TAKE ALL MARKET – THERE WILL BE MULTIPLE WINNERS IN THE MEDIA STREAMING ECOSYSTEM 11
Slide 12: Positioned at the Center of Three Exploding Sectors
U.S. LIVE MUSIC GLOBAL OTT/STREAMING $ 28.0B $29.5 $30. $19. GLOBAL DIGITAL MUSIC STREAMING $11.1 B $5.4B POSITIONED AT THE CENTER OF THREE EXPLODING SECTORS Source: IBISWorld, PWC 12
Slide 13: Key LiveXLive KPI Tracking YTD
Note: LIVX’s fiscal year ends March 31 st | YTD progress denotes 3/31/2018 – 2/13/2019 Festival Livestreams • 47M+ Live Streams (YTD) • 22 Music Festivals (YTD) • 400+ Artists Streamed (YTD) Reach & Platforms • 125+ Countries Reached • 657k+ Paid Subscribers • 1.2M+ Monthly Active Users Original Con
Slide 14: LiveXLive Content
LIVE X LIVE CONT E NT
Slide 15: Content: 2018 Festival Lineup
CONTENT: 2018 FESTIVAL LINEUP OVER 2,000 MUSIC FESTIVALS WORLDWIDE PRESENTS SIGNIFICANT OPPORTUNITY 27 FESTIVAL FOOTPRINT X 8 HOURS OF CONTENT PER DAY X 3 DAYS PER FESTIVAL = SEVERAL HUNDRED HOURS OF LIVE AAA CONTENT, MAKING LIVEXLIVE MEDIA THE LARGEST LIVE MUSIC STREAMING COMPANY 15
Slide 16: 2018 Streaming Lineup
2018 STREAMING LINEUP – 2x YoY Social Reach POST MALONE | DEMI LOVATO | BRUNO MARS | LIL WAYNE | DAVID GUETTA | KE$HA | BIG SEAN | TIËSTO | KENDRICK LAMAR | CARDI B | HARDWELL | AVENGED SEVENFOLD | MUSE | RICK ROSS | LORDE | ZEDD | J. COLE | FOO FIGHTERS | THE CHAINSMOKERS | DJ KHALED | PEARL JAM |
Slide 17: Distribution: A Global Streaming Service
DISTRIBUTION: A GLOBAL STREAMING SERVICE LIVEXLIVE streams in over 125 countries worldwide Streams LiveXLive content 17
Slide 18: Content: Insomniac
• The global thought leader in Dance Music, inclusive of EDM • 400+ festivals, concerts and club nights during 25 year history • 4+ million event attendees across US, China, Brazil, Mexico, Japan and UK • EDC Las Vegas is the largest multi - day festival in North America with more than 400,000 atten
Slide 19: LiveXLive in the News
LIVEXLIVE IN THE NEWS.... Forbes LiveXLive Looks To Mirror MTV And ESPN As The First Global Network For Live Music Events LiveXLive Wants to Make the ‘SportsCente © ot Live Music minate m
Slide 20: Content: Festivals Streamed Simultaneously
CONTENT: 3 FESTIVALS STREAMED SIMULTANEOUSLY Recent Festivals Streamed by LiveXLive OVERVIEW MAY 18 - 20, 2018 STREAMED 3 MAJOR MUSIC FESTIVALS 3 MAJOR MUSIC LARGE ONLINE CROSS PLATFORM FESTIVALS PRESENCE POTENTIAL SOCIAL LIVEXLIVE DROVE REACH (INCLUDING ARTISTS AND PARTNER 500,000 POSTS): IMPRESSIO
Slide 21: Content: Rolling Loud Los Angeles
CONTENT: ROLLING LOUD LOS ANGELES Recent Festival Streamed by LiveXLive CONTENT SUMMARY DISTRIBUTION PARTNERS OVERVIEW DECEMBER 14 - 15, 2018 3 MAJOR MILESTONES ACHIEVED 2 DAYS OF PERFORMANCES 20+ HOURS OF LIVE CONTENT AVERAGE SESSION LENGTH OF OVER 10 MINUTES 85+ ARTISTS STREAMED ACROSS 2 STAGES FI
Slide 22: Our Production & Distribution Platform
OUR PRODUCTION & DISTRIBUTI ON P LATFO RM
Slide 23: Platform: Audio and Video Streaming Music Services Come Together
PLATFORM: AUDIO AND VIDEO STREAMING MUSIC SERVICES COME TOGETHER Services combine recorded music, live music, audio and video including the U.S, music libraries of: • Car distribution to 85 different automobiles, including Tesla • 350+ curated, interactive music stations with fully interactive music
Slide 24: Marketing and Distribution: Overview
CARRIER DEVICES / OPERATING SYSTEMS SUPPORTED / VEHICLES LAUNCHED IN FY’19 MARKETING AND DISTRIBUTION: OVERVIEW 24
Slide 25: Marketing: Engagement Driven by Influencers and Performing Artists
MARKETING: ENGAGEMENT DRIVEN BY INFLUENCERS AND PERFORMING ARTISTS JOHANNES BARTL KING BACH JUSTIN ROBERTS JAKE PAUL AMANDA CERNY ALICIA KEYS RIHANNA MAROON 5 MET ALLICA RED HOT CHILI PEPPERS I N FL U E NCERS ARTISTS DEMI LOVATO AT ROCK IN RIO, STREAMED BY LXL LXL INFLUENCER, JAKE PAUL, EARNING OVER
Slide 26: LiveZone: The SportsCenter of Live Music
LIVEZONE: THE SPORTSCENTER OF LIVE MUSIC • Launched in December 2018 • Only platform for music fans to watch, listen, experience, discuss, deliberate and enjoy live music and entertainment on a daily basis • On Location / Live Reports / Music Updates • Variety of Rich Content and Entertainment News
Slide 27: amazon B PayPal
amazon B PayPal 0.48% +203%
Slide 28: Monetization and Services
ADVERTISERS I N TEGR ATED MARKETING D A TA DISTRIBUTION REVENUE SUBSCRIPTIONS IN CHANNEL PURCHASES TRANSACTIO NS MONETIZATION AND SERVICES 28
Slide 29: Select Financials
• Full year March 31, 2019 guidance - Revenue - $37.5M - $45.0M and Adj Ops Income (Loss)* ($10.0M) - ($12.0M ) SELECT FINANCIALS * Adj. Operating income (loss) – see definition on next slide Revenue Adj Ops Income (Loss) FY 2017 FY 2018 Q1 19A Q2 19A FY 2019 FC 29 $ 7 .1 M $ 7 .6M $9.0M $37.5M - $4
Slide 30: Select Financials
(USD $ in Millions) Nine Months Ended December 31 st , 2018 Revenue $24.5 Adjusted Operating Income (Loss) 1 ($10.7) Cash & Cash Equivalents $14.3 Total Debt 2 $14.3 Total Stockholder’s Equity $14.7 Shares Outstanding 3 51,985,105 Fully Diluted Shares Outstanding 4 59,926,403 LiveXLive successfully
Slide 31: Key Takeaways
• World class management team with deep experience in media brand building and music • More live streamed festivals, concerts, and special events: • 2018 lineup increased to 27 festivals and over 50 events globally • 350+ streaming radio channels integrated with LiveXLive via Slacker acquisition: •
Slide 32: Stock Price and Capitalization
Stock Price (2/13/19): $5.69 Market Cap: $296M Average Daily Volume: 130,909 Shares Outstanding: 52.0M Fiscal Year End: March 31 Top Institutional Shareholders: Fidelity Rho Capital Partners Sandor Advisors Primary Investments Robert Ellin (CEO) December 20, 2018 LiveXLive Reports Strong Growth Acro
Slide 33: Investor Relations Contact
INVESTOR RELATIONS CONTACT: BLUESHIRT GROUP IR@LIVEXLIVE.COM
LiveXLive Media — Investor Presentation (February 2019) on 6ix