Thursday, May 9, 2019
LiveXLive Inks Livestream Deal With Tencent Video
West Hollywood-based LiveXLive Media, which produces digital media for the live entertainment space, has inked a distribution deal with Chinese video platform Tencent Video, where LiveXLive will stream the EDC Las Vegas music festival to Chinese viewers. According to LiveXLive, it has granted Tencent exclusive rights to distribute the livestream of Insomniac's EDC Las Vegas throughout China, including Macau and Hong Kong, for the weekend of May 17th to 19th. Financial arrangements of the livestreaming deal were not announced. Tencent said the deal will "significantly enrich our overseas content". LiveXLive is the exclusive livestreaming and distribution partner for Insomniac, the company that runs EDC Las Vegas. The EDC Las Vegas dance festival is expected to draw more than 450,000 music fans over the weekend.