Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc
Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRocView Video
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors
Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investorsView Video

Latest Share Chat

MelodyVR Announces Partnership With Live Nation UK For VR Festivals

Wed, 08th Jul 2020 11:23

(Alliance News) - London-based MelodyVR Group PLC on Wednesday said it has entered into an exclusive partnership with Live Nation UK for a series of live virtual reality concerts.

The creator of virtual reality entertainment content and operator of the MelodyVR platform will be connecting artists and fans in virtual reality.

The performances will be streamed from O2 Academy venue in Brixton, London, and will require the MelodyVR app and a smartphone or Oculus VR device.

The partnership follows the success of Wireless Festival's Wireless Connect, a virtual festival which took place over the last three days and was co-created by MelodyVR. Wireless Connect replaced the original festival due to its cancellation following the Coronavirus outbreak.

The online festival brought performances of over 70 UK and US artists to 132,000 fans from 34 countries.

MelodyVR Chief Executive Officer Anthony Matchett said: "MelodyVR's mission is to use our innovative technology to make sure artists can keep staging amazing shows and fans can continue to experience and enjoy the live music that they love."

Live Nation UK Chair Denis Desmond said: "We look forward to partnering with MelodyVR and presenting Live From O2 Academy Brixton which will connect artists with fans globally through the latest and exciting 360° VR technology, direct from a purpose-built studio set within this iconic and world-famous venue."

MelodyVR shares were up 12% at 5.05 pence late on Wednesday morning. Live Nation Entertainment Inc shares closed at USD45.04 on Tuesday.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
9 Feb 2021 11:53

IN BRIEF: MelodyVR Raises GBP1.6 Million In PrimaryBid Offer

IN BRIEF: MelodyVR Raises GBP1.6 Million In PrimaryBid Offer

8 Feb 2021 17:36

IN BRIEF: MelodyVR To Raise GBP6.5 Million Through Loan Note Issue

IN BRIEF: MelodyVR To Raise GBP6.5 Million Through Loan Note Issue

8 Feb 2021 11:39

IN BRIEF: MelodyVR Launches 5G Music Partnership With Singtel Group

IN BRIEF: MelodyVR Launches 5G Music Partnership With Singtel Group

3 Feb 2021 15:19

IN BRIEF: MelodyVR To Become Napster After Music Streaming Pioneer Buy

IN BRIEF: MelodyVR To Become Napster After Music Streaming Pioneer Buy

2 Feb 2021 11:07

TRADING UPDATES: SEC Newgate Expects Results In Line With Forecasts

TRADING UPDATES: SEC Newgate Expects Results In Line With Forecasts

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.