LiveXLive Media Inc. announced the appointment of Patrick Wachsberger to its Board of Directors, effective January 25, 2019. Mr. Wachsberger was also appointed to the Compensation Committee of the Board of Directors. Mr. Wachsberger is the founder and CEO of Picture Perfect Entertainment LLC, a film and television production and distribution studio, and the Co-Chairman of Picture Perfect Federation, a joint venture with France’s Federation Entertainment that will develop and produce premium TV series for US broadcasters, streaming services and international co-productions. Mr. Wachsberger previously served as the Chairman of the Motion Picture Group of Lionsgate, where he oversaw all aspects of Lionsgate’s feature film production, acquisition and worldwide distribution. Mr. Wachsberger joins other LIVX directors, including Craig Foster, former CFO of Amobee; Jay Krigsman, EVP and Asset Manager of the Krausz Companies; Tim Spengler, President of Dentsu Aegis; Jerry Gold, LIVX Chief Strategy Officer and former CFO of Warner Music; Ramin Arani, former portfolio manager at Fidelity Investments, and LIVX chairman, CEO and co-founder Rob Ellin.