VNUE To Add StageIt Founder Evan Lowenstein To Board Of Directors
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.
- Evan Lowenstein's experience in live-streaming could enhance VNUE's strategic direction.
- Expected collaboration between Lowenstein and CEO Bair may strengthen company offerings.
- StageIt faced financial difficulties under new management, which may pose risks.
- Concerns about continuity and experience gaps with leadership changes.
NEW YORK, Dec. 6, 2021 /PRNewswire/ -- VNUE, Inc. (OTC: "VNUE") announced today that Evan Lowenstein, founder of StageIt, will be joining VNUE's board of directors, to be effective at the closing of the acquisition of that company. The parties are in the final stages of preparing the definitive documents to the transaction.
Lowenstein, also known for half of his identical twin duo "Evan and Jaron," who had the smash hit "Crazy for this Girl" back in 2000, is a pioneer in the ticketed live-streaming space, having achieved many firsts including the introduction of the "Virtual Tip Jar" and a "Pay What You Can" model for ticketing. On the board, Lowenstein will be working closely with VNUE CEO Zach Bair to help Stageit take advantage of other offerings such as Soundstr, VNUE Radio, and set.fm, inside the overall company.
It wasn't originally contemplated that Lowenstein would be taking a more active role in VNUE. After steering Stageit to
"A 20-minute phone call turned into about two hours as we just kept discovering new things that we completely connected on," said Bair. Added Lowenstein, "As soon as I heard Zach talk to me about his passion for the arts and his desire to always put artists first, I was on board with the deal."
Bair continued: "I'm so excited that Evan is joining our board. He is the mastermind of this space and brings an abundance of creativity and passion that will immediately be felt at VNUE. Having his vision and guidance will help us to better build upon the legacy brand he created."
Lowenstein will join the other VNUE board members including Bair, who is Chairman; Tony Cardenas, and Lou Mann.
About VNUE, Inc. (www.vnue.com)
VNUE, Inc., (OTC: VNUE) is a multi-faceted music technology company dedicated to monetizing the live music experience for artists, labels, writers, and publishers, with products such as its set.fm instant content distribution platform (www.set.fm), exclusive license partner and "instant live" pioneer DiscLive (www.disclive.net), and protecting the rights of artists and writers with the company's Soundstr music recognition technology (MRT) (www.soundstr.com). The veteran entrepreneurs, artists and songwriters behind VNUE, led by music and tech entrepreneur and recording artist Zach Bair (www.zachbairmusic.com), are passionate about the future of their industry and ensuring that rights holders' value is not lost amid always-changing technology. VNUE also holds a
About StageIt (www.stageit.com)
StageIt, the premier online experience connecting artists and their fans, is a web-based live streaming platform and vibrant community. Founded in 2009 for artists, by artists, StageIt is on a mission to help performers navigate the intricacies of the online live streaming space, providing a stage for every creator and a front row seat for every fan. As an early industry leader StageIt offers a platform for artists to perform live, interact with fans, and monetize shows, while creating unique experiences for fans. To learn more visit stageit.com or follow on Instagram, Facebook and Twitter.
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SOURCE VNUE, Inc.
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