RCS - Live Company Group - Streaming Agreement Signed

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12/07/2023 07:00

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RNS Number : 7058F  Live Company Group PLC  12 July 2023

12 July 2023

 

LIVE COMPANY GROUP PLC

("LVCG", the "Company" or the "Group")

 

STREAMING AGREEMENT SIGNED

 

 

LVCG PLC is pleased to announce the signing of a Live Stream agreement with
Veeps Inc. for the right to transmit the Madrid KPOP LUX concert on 22(nd)
July 2023.

The Company has granted Veeps streaming rights, both live and pre-recorded,
for all markets except South Korea and Japan.  The price of streaming will be
$14.99 per stream if pre purchased and $19.99 per stream on the day.  The
Company earns a revenue of 90% of all Net proceeds.

Chairman David Ciclitira commented: ' We are excited to have partnered with
Veeps to be able to offer a live stream of the KPOP LUX Madrid concert to
K-pop fans around the world.  We hope that this agreement will be the first
of many to come.'

 

For Editors:

 

Veeps Inc. is the world's leading livestream platform for music and
entertainment, where fans can watch and connect with their favourite artists
and venues globally through premium live and on-demand concerts. Launched in
2018, Veeps has had millions of fans globally experience performances by
thousands of artists, including Bob Dylan, Foo Fighters, Billie Eilish,
Metallica, and Kings of Leon. In 2023, Veeps was included in Fast Company's
prestigious annual list of the World's Most Innovative Companies and continues
to hold the Guinness World Record for the world's largest ticketed livestream
performance. Veeps is part of Live Nation Entertainment (NYSE: LYV).

 

Enquiries:

 

 Live Company Group Plc                        Tel: 020 7225 2000

 David Ciclitira, Executive Chairman

 Sarah Dees, Chief Operating Officer

 Beaumont Cornish Limited (Nominated Adviser)  Tel: 020 7628 3396

 Roland Cornish/Rosalind Hill Abrahams

 CMC Markets UK Plc                            Tel: 020 3003 8255

 Thomas Smith

 Douglas Crippen

 

 

 

About Live Company Group

 

Live Company Group Plc ("LVCG", the "Company" or the "Group") is a live
events, entertainment and sports events company, that has been trading on AIM
since 2017.

The Group is divided into four divisions:

 

·    BRICKLIVE - consisting of a network of partner-driven fan-based and
touring shows using BRICKLIVE created content worldwide. The Company owns the
rights to BRICKLIVE - an interactive experience built around the creative
ethos of the world's most popular construction toy bricks. The Group is an
independent producer of BRICKLIVE and is not associated with the LEGO Group.

 

·    LVCG owns the brand KPOP Lux and is the Executive Producer of KPOP
Lux in Madrid and London. Both of these shows are produced in partnership with
SBS - the Korean television network.

KPOP -  the company owns the rights to the K.Flex brand is a partner and the
Executive Producer of K.Flex in Frankfurt.

 

·    StART Art Global (SAG) - SAG owns StART Art Fair in London which has
been staged over the last 9 years at the Saatchi Gallery. SAG has licensed the
rights to the StART brand in Korea. The licence includes the right to create
and run StART Art Fair Seoul and various StART+ exhibitions.

 

·    Live Company Sports and Entertainment (LCSE) - LCSE owns LCSE Pty in
South Africa which has a long-term relationship with Pick 'n' Pay and the
Ocean Race.

LVCG is a founder shareholder in E-Movement - the promoter of the Formula E
Race in Cape Town. As part of this relationship E-Movement has retained LCSE
(through E-Movement holdings) as its implementation partner. E-Movement
Holdings a 100% subsidiary of Live Company Group has the right to sell
sponsorship for the Formula E race in Cape Town.

 

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