VNUE INC - VNUE STOCK NEWS

VNUE, Inc. (OTC: VNUE) has secured $1.5 million in equity funding from GHS Investments for the acquisition of StageIt, Inc., a prominent ticketed livestream company. This funding may increase to a total of $3 million with an additional warrant issued to GHS. CEO Zach Bair expressed confidence that this transaction marks a significant advancement for VNUE, enhancing its offerings in the live music space. The acquisition is expected to finalize shortly, positioning VNUE to integrate StageIt into its artist-centric services.

VNUE, Inc. (OTC: VNUE) provided a year-end update emphasizing its acquisition of StageIt, anticipated to close in early January 2022, which will significantly enhance its offerings. The company reports substantial advancements in its Soundstr technology, achieving over 75% accuracy in live music identification and nearly 100% for recorded music. VNUE reduced convertible debt from $2 million to approximately $635,000, improving its prospects for uplisting to the OTCQB. Ongoing litigation against toxic lenders aims to recover lost value for shareholders, amid positive momentum anticipated in 2022.

VNUE, Inc. (OTC: VNUE) will welcome Evan Lowenstein, founder of StageIt, to its board of directors following the acquisition of StageIt, currently in the final stages. Lowenstein, renowned in the live-streaming ticketing space, aims to leverage VNUE's offerings alongside CEO Zach Bair. During his tenure at StageIt, he achieved $4M in revenue in under 10 weeks, although the company faced challenges under new management. His collaboration with Bair marks a strategic move to enhance VNUE's growth and creativity in the industry.

VNUE, Inc. (OTC: VNUE) hosted an intimate streaming concert with Rob Thomas on November 8, 2021, raising over $130,000 for Sidewalk Angels Foundation. This organization, founded by Thomas and his wife, supports no-kill animal shelters globally. The concert was streamed from Daryl's House, NY, using the StageIt platform. VNUE is in the process of acquiring StageIt to expand its services, enhancing its mobile content distribution capabilities. CEO Zach Bair expressed excitement about the fundraising success and the potential of integrating innovative technologies.

VNUE, Inc. (OTC: VNUE) announced an exclusive Livestream concert featuring Rob Thomas on November 8, 2021, at 8 PM via the StageIt platform. This event coincides with Thomas's new Christmas album, and proceeds will benefit the Sidewalk Angels Foundation. Ticket options include rewards such as a ZOOM call with Thomas and a signed guitar, available now on StageIt. VNUE is in the process of acquiring StageIt, enhancing its offerings to artists and fans while creating new revenue streams.

VNUE, Inc. (OTC: VNUE) announced a restructuring of its largest creditor's debt, reducing a 10% convertible note of $857,157 into an 8% non-convertible promissory note, due September 30, 2022. CEO Zach Bair emphasized this as a vote of confidence from YLimit, eliminating concerns over potential dilution of shares. The restructuring significantly decreases convertible debt from $1,956,922 to $635,714, with a derivative liability reduction to zero. This move positions VNUE favorably for its goal to uplist to the OTCQB market.

VNUE, Inc. announced its acquisition of live streaming platform Stageit, expected to add over $9 million in revenue and access to a large community of performers. CEO Zach Bair will host a livestream on August 6, 2021, at 7 PM Central to discuss the deal's implications, particularly regarding VNUE's Soundstr music recognition technology. The acquisition aims to enhance VNUE’s technology stack and accelerate the rollout of its services. This strategic move is anticipated to strengthen VNUE’s market position in the live music industry.

VNUE, Inc. (OTC: VNUE) announced its acquisition of live streaming platform StageIt for over $9 million in revenue, enhancing its portfolio with access to thousands of performers and creators. The acquisition, anticipated to close within 60 days, aims to accelerate VNUE's Soundstr technology rollout and create a comprehensive monetization suite for live events. StageIt, established in 2010, has hosted over 6,280 shows and paid out $7M to artists in 2020. This strategic move positions VNUE well within the evolving live entertainment industry.

VNUE (OTC: VNUE) endorses the American Music Fairness Act (AMFA) which requires radio stations to pay royalties to artists. Currently, the U.S. is the only country without such a law. The AMFA aims to compensate performers fairly, close loopholes for AM/FM radio, and ensure U.S. artists are paid for international plays. VNUE's Soundstr technology identifies music played and maintains accurate logs for royalty payments, fostering transparency in the music industry. VNUE supports fair compensation for artists and aims for a beneficial relationship with radio stations.