During the corresponding time, Vnue Inc saw a revenue deteriorated by -70.65 % year on year, sequentially revenue fell by -34.43 %. While revenue at the Vnue Inc 's corporate clients
Vnue Inc's Comment on Sales, Marketing and Customers
The Company provides digital downloads and physical collectible products of live concert recordings through its Set.fm platform and its exclusive partner, DiscLive Network™. Customers can purchase concert recordings instantly via the Set.fm website and iOS app, as well as physical double CD sets sold on-site at shows. The Company also generates revenue through StageIt.com, a platform where fans buy access to virtually attend artist performances. It partners with bands, artists, and record labels to record tours and markets its services through artist and label websites, social media, mailing lists, its own platforms, and partnerships with companies such as Ticketmaster. Notably, the Company entered an agreement with Matchbox Twenty to record and sell products from their 2020 tour, generating approximately $175,000 in income despite rescheduling due to COVID-19. Other entities referenced include DiscLive Network™, RockHouse Live Media Productions, Inc., and StageIt.com.
Vnue Inc’s Comment on Sales, Marketing and Customers
The Company provides digital downloads and physical collectible products of live concert recordings through its Set.fm platform and its exclusive partner, DiscLive Network™. Customers can purchase concert recordings instantly via the Set.fm website and iOS app, as well as physical double CD sets sold on-site at shows. The Company also generates revenue through StageIt.com, a platform where fans buy access to virtually attend artist performances. It partners with bands, artists, and record labels to record tours and markets its services through artist and label websites, social media, mailing lists, its own platforms, and partnerships with companies such as Ticketmaster. Notably, the Company entered an agreement with Matchbox Twenty to record and sell products from their 2020 tour, generating approximately $175,000 in income despite rescheduling due to COVID-19. Other entities referenced include DiscLive Network™, RockHouse Live Media Productions, Inc., and StageIt.com.
Sources:
Vnue Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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