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About VNUE, Inc. (OTC: VNUE)
VNUE, Inc. is a cutting-edge music technology and live entertainment company that transforms the way artists and fans connect by automating the capture, production, and distribution of live performance content. Operating at the intersection of live entertainment and digital innovation, VNUE streamlines complex processes such as content curation, rights clearance, production, distribution, and monetization, enabling artists and labels to deliver high-quality live experiences directly to audiences worldwide.
Core Business Areas
VNUE's business model is built around a suite of proprietary platforms and services designed to optimize the live music ecosystem:
- Set.fm: An instant content distribution platform that allows fans to purchase and download live recordings of performances directly from artists.
- DiscLive: A pioneer in "instant live" content, offering exclusive licensed recordings of live performances for fans to own as collectibles.
- StageIt: The oldest and most recognized ticketed live-streaming platform, providing artists with a virtual stage to perform for global audiences.
- Soundstr: A groundbreaking music recognition technology (MRT) platform that ensures accurate rights management and royalty distribution for artists and rights holders.
Technological Innovation and Partnerships
VNUE leverages innovative technology to enhance the live music experience. Its proprietary tools not only simplify the production and monetization of live content but also protect the intellectual property of artists and rights holders. The company recently expanded its capabilities through a partnership with Eyeora XR, integrating Extended Reality (XR) into its offerings. This collaboration enables VNUE to create immersive, community-driven experiences, such as virtual concerts and interactive environments, further enriching fan engagement and opening new revenue streams for artists.
Market Position and Industry Context
Operating within the highly dynamic music and entertainment industry, VNUE addresses critical challenges faced by artists, labels, and rights holders in monetizing live performances. By combining traditional live music monetization methods with emerging technologies like XR, VNUE differentiates itself from competitors. Its platforms cater to a wide range of stakeholders, including independent artists, major labels, event promoters, and venues, making it a versatile player in the market.
Artist-Centric Approach
VNUE's mission revolves around empowering artists to maximize their revenue potential while maintaining control over their creative output. By offering tools for instant live recording, ticketed streaming, and rights management, VNUE provides a comprehensive ecosystem that simplifies the complexities of the music business. Its Artist Services Division further supports musicians by providing promotion, distribution, and monetization solutions tailored to their needs.
Conclusion
VNUE, Inc. stands out as an innovative force in the music technology landscape, combining live performance monetization with cutting-edge digital solutions. Its commitment to enhancing the live music experience for both artists and fans positions it as a significant player in the evolving entertainment industry. Through its integrated platforms and strategic partnerships, VNUE continues to redefine how live music is created, shared, and monetized, bridging the gap between the stage and the digital world.
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.
VNUE Inc. has renewed its exclusive license agreement with DiscLive Network, enhancing its position in the instant live recording space. The renewal, effective through March 2022, allows VNUE to utilize DiscLive's assets and services. Under the agreement, VNUE pays a 5% royalty on sales, although DiscLive has waived these fees for the last three years. CEO Zach Bair anticipates a strong recovery in the concert industry, generating additional revenue for artists through this partnership. VNUE is set to record matchbox twenty during their 2021 tour, postponed from 2020 due to the pandemic.
VNUE, Inc. (OTCMKTS: VNUE) has announced its application to uplist from the OTC Pink Open Market to the OTCQB Venture Market. This initiative aims to enhance the company's visibility among investors, particularly institutional ones. The decision follows a remarkable market valuation increase of over 1000% since last year. VNUE's management is optimistic about the revival of the concert industry and the advancements in its Soundstr music recognition technology.
VNUE, Inc. announced the launch of RockHouse Live Clearwater Beach, a live entertainment venue opening in March 2021. With a planned annual revenue of over $4 million from this location, VNUE holds a 4.99% stake in RockHouse Live International.
Leveraging VNUE's technologies, including Soundstr and set.fm, the venue aims to enhance live music experiences and ensure proper compensation for artists. The initiative targets expansion into tourist-friendly cities nationally and internationally, highlighting VNUE's innovative approach in the music technology sector.
VNUE, Inc. (OTC:VNUE) CEO Zach Bair recently participated in an interview with Paul Cashmere from Australia's Noise Network, discussing his journey in the music and tech industries. Bair highlighted his passion for music and his commitment to leveraging technology to enhance the live music experience. VNUE, in collaboration with DiscLive, has established a strong presence in Australia, recording notable artists like Rob Thomas. The company focuses on monetizing live music and offers innovative platforms such as set.fm and Soundstr.
VNUE, Inc. (OTC: VNUE) has signed an exclusive agreement to represent 11-year-old Australian guitar prodigy Taj Farrant in North America, marking the launch of its Artist Services division. Taj, who has gained global recognition, released his first single, "Just Can't Sleep," an anti-bullying anthem. VNUE plans to support Taj's upcoming EP and will share revenue from related activities. CEO Zach Bair emphasizes the importance of this partnership, noting Taj's talent and potential in the music industry as they work towards maximizing his career opportunities.
VNUE, Inc. (OTC:VNUE) announced that its Soundstr music recognition technology is successfully undergoing initial beta testing, generating expected data. CEO Zach Bair expressed excitement over the platform's performance and emphasized the importance of continued refinement during testing. The company is expanding its beta testing pool by shipping more Soundstr Pulse devices to radio stations and physical locations will be tested once radio performance is confirmed. VNUE aims to enhance data reporting through integration with third-party systems while focusing on long-term shareholder value.
VNUE, Inc. (OTC:VNUE) has commenced deploying its Soundstr music recognition platform to radio stations, aiming to provide affordable, detailed analytics that can significantly reduce licensing costs. Industry expert John Madison highlighted that Soundstr could lower royalty expenses by 5 to 25%, potentially saving the radio industry up to $425 million annually. VNUE is initially offering Soundstr at no cost during the beta phase to encourage adoption. The technology aims to ensure proper payments to songwriters and artists, addressing long-standing issues in the radio sector.
VNUE, Inc. (OTC:VNUE) announced that its cloud-based music recognition technology, Soundstr, has entered the beta testing phase. Deployed at multiple radio stations and locations nationwide, this milestone allows the company to gather data and prepare for a full rollout expected in Q4. Soundstr aims to increase royalty collections for creators by reducing licensing costs for businesses and providing a transparent ecosystem. The platform is designed to ensure correct compensation for songwriters and artists and aims to offer a pay-per-play licensing model in the future.
On August 24, 2020, Zach Bair, CEO of VNUE, announced a donation of 20% from sales of his new single and EP, Ordinary Girl, to the American Foundation for Suicide Prevention during National Suicide Prevention Month. This initiative addresses mental health issues, particularly among youth, as suicide remains a leading cause of death. The EP, produced in Nashville and featuring notable artists, highlights themes of support and resilience. The single's message is personal for Bair, who experienced loss due to suicide.
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