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VNUE, Inc. (OTC: VNUE) is a pioneering live entertainment music company that brings artists and fans closer together by automating the production of high-quality audio and video recordings of live performances. By simplifying the processes of curation, clearing, production, distribution, and monetization, VNUE manages the intricate landscape of the music ecosystem seamlessly.
VNUE captures content through its unique front-of-house mobile application and provides global distribution and monetization through a suite of mobile, web, and administrative applications. This allows artists and labels to effortlessly deliver and sell their live performances to fans worldwide.
Among its noteworthy products are the Set.fm instant content distribution platform, and its exclusive license partner and pioneer of
RockHouse Live International has announced its third location in Key West, Florida, following openings in Clearwater and Oxford, MS. This venue will feature a rooftop deck, live nightly entertainment, and has the potential to generate over $16 million in annual revenue across all locations. Co-founder Jock Weaver, noted for his extensive background in entertainment mergers, expressed plans for rapid expansion. With technology partnerships from VNUE, including Soundstr for music recognition, the company aims to pay artists fairly while offering unique experiences.
VNUE, Inc. (OTC: VNUE) announced a securities purchase agreement for the sale of up to $8 million of common stock to GHS Investments, LLC. This funding aims to enhance the Company's music technology solutions and accelerate the development of its Soundstr MRT platform.
The investment is contingent upon the effectiveness of a registration statement, with the potential for significant revenue growth and strategic acquisitions over the next 18 months. VNUE's leadership expresses optimism about leveraging this funding to achieve greater operational success.
RockHouse Live International announces a new location in Oxford, MS, set to open by mid-August 2021, ahead of the Ole Miss home game on September 11. The venue will span over 4,800 square feet and feature both indoor and outdoor seating, a large stage, and nightly entertainment. This expansion follows the success of their Clearwater Beach flagship location. RockHouse Live integrates technology from VNUE, Inc. (OTC: VNUE), which holds a 4.99% stake in the company. The founders anticipate rapid growth and are exploring additional locations.
VNUE, Inc. (OTC: VNUE) announced significant debt reduction in its latest move toward uplisting to the OTCQB trading platform. In the past 30 days, two convertible debt holders converted their notes into restricted common shares, totaling over $1.2 million in debt reduction. This included a $238,616 reduction from the latest conversions. The CEO, Zach Bair, emphasized his commitment to cleaning up the balance sheet to demonstrate credibility to regulators and shareholders, reaffirming no plans for a reverse stock split.
VNUE, Inc. (OTCQB: VNUE) announced that its largest investor, YLimit, LLC, has converted $963,000 of debt to equity, which is approximately 60% of its total debt of $1.6 million. The conversion price is set at $0.014 per common share and $1.20 per Series A Preferred Share. This move strengthens VNUE's balance sheet and liquidity, aiding their goals for an uplisting to the OTCQB trading platform. YLimit's long-term commitment reinforces confidence in VNUE’s leadership and growth strategy under CEO Zach Bair.
VNUE, Inc. (OTC: VNUE) announced advancements in its Soundstr Music Recognition Technology (MRT) on May 12, 2021, enhancing its capabilities to track and identify music across various platforms including online streams like Apple Music and Spotify. The SaaS platform demonstrated 100% accuracy in identifying songs, composers, and related data. CEO Zach Bair highlighted a focus on flexibility, enabling integration with third-party devices and enhancing music tracking services for businesses, including a dual-function media player for licensed music delivery.
VNUE, Inc. (OTC: VNUE) announced a Common Stock Purchase Agreement with Triton Funds, LP, potentially providing up to $2 million in investment. Triton will initially invest $1 million in VNUE's common stock, with an option for an additional $1 million through warrants. CEO Zach Bair emphasized that this funding will support the commercialization of their Soundstr Music Recognition Technology and expand their digital platforms. This investment reflects significant confidence from Millennial and Gen-Z investors regarding VNUE's innovative direction.
VNUE, Inc. (OTC: VNUE) announced the launch of its new radio station app, VNUE Radio, now available for download on the Apple App Store and Google Play. Developed in partnership with rock radio personality Zach Martin, the app offers unique programming that includes exclusive content, interviews, and a variety of music genres. The company aims to leverage its relationships with major artists to enhance programming. The app also utilizes Soundstr technology for tracking music played, enhancing licensing efforts in the streaming domain.
VNUE, Inc. (OTC: VNUE) is partnering with NEWHD Media to launch VNUE Radio, a new online station set to debut on May 1. The station will feature unique programming, including indie music and exclusive interviews. NEWHD CEO Zach Martin will manage the station, leveraging existing relationships with renowned artists for content. VNUE will also integrate its Soundstr technology to enhance music play reporting, aiming to reduce licensing costs. This development aligns with VNUE's goal of establishing itself as a multimedia company, expanding its offerings in the music industry.
RockHouse Live Clearwater Beach opened on April 5, 2021, with a surprise turnout, attracting hundreds of patrons eager for live music after the pandemic. The venue, founded by Zach Bair and Jock Weaver, offers a unique mix of live entertainment and a restaurant atmosphere. With plans for rapid expansion, the location aims to capitalize on growing consumer demand for social music experiences. VNUE holds a 4.99% equity stake in RockHouse Live International, enhancing its focus on music technology through proprietary platforms like Soundstr and set.fm.
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