![]() Modern Drummer Acquisition Will Bolster LiveXLive's Expanding Distribution Platforms and Flywheel The proposed acquisition is expected to close by June 30, 2021, subject to customary and other closing conditions. ![]() LOS ANGELES, /PRNewswire/ - LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for livestream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions, announced today that it has entered into a binding Letter of Intent to acquire Modern Drummer Publications, Inc., the world's most read drum magazine print edition with a digital reach in the millions and a respected source and gold standard for drumming features, news, education, podcasts and reviews.
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