LiveXLive Presents ‘Slacker & Schuon’
LiveXLive Media, Inc., a premium streaming networks devoted to live music and music-related video content, has appointed Andy Schuon as President, and has entered into a merger agreement to acquire Slacker Radio. Schuon will oversee all of the company’s divisions, which include live music lifestyle video service LiveXLive, Wantickets and social media influencer business LiveXLive Influencers as well as Slacker Radio and Snap Interactive, after they are successfully acquired in a transaction valued at $50 million.
“Andy joins us at a perfect time to lead this latest acquisition of Slacker Radio and direct the company overall,” said Robert Ellin, CEO and Chairman of LiveXLive Media. “Andy is an industry visionary with significant experience and deep knowledge of the media and entertainment landscape. He has a long-standing, proven track record of both driving and maintaining growth while achieving excellence and innovation at every level for some of the biggest music brands and media properties in the world. Andy’s unparalleled work in audio and video content is the perfect complement for LiveXLive, Slacker and our other businesses.”
Schuon was most recently involved in a group of acquisitions that included Fox’s former Fuel TV network, and he was co-founder/President of REVOLT TV with Sean “Diddy” Combs. He’s also the former President of Programming for Infinity/CBS Radio, head of programming at MTV and VH1, the creator of MTV2, CEO of three Universal media companies and the former PD of KROQ/Los Angeles.
“The passion for live music has never been greater, and LiveXLive is focused on being the brand-of-record — globally — for live music information, music-focused content and the streaming of music’s biggest festivals and events,” said Schuon. “I walked into a radio station at 16, and it became who I am, not what I do. To continue to have the opportunity to shape the future of music streaming services and streaming radio with a leading platform like Slacker Radio is incredibly exciting.”
