VNUE, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 23, 2022 at 06:01 am EDT
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VNUE, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 0.04167 million compared to USD 0.002261 million a year ago. Revenue was USD 0.04167 million compared to USD 0.002261 million a year ago. Net loss was USD 1.19 million compared to net income of USD 1.99 million a year ago.
VNUE, Inc. is a music technology company. The Company utilizes its platforms to record live concerts and commercializes the content by making the content immediately available for purchase through its Website and the Website at Set.fm, a technology platform that enables musical artists to capture, promote and sell high-fidelity recordings instantly. Additionally, it offers high-end collectible products such as compact disks (CDs), universal serial bus (USB) drives and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network. Its products and services include Stage It (Stage It.com), Set.fm / DiscLive Network, and Soundstr. Through Stage It.com, the Company can livestream concerts and other events, adding to the pool of other live music-focused technology services that include concerts or other live events. It protects the rights of artists and writers with the Company's Soundstr music recognition technology (MRT).
VNUE, INC. 
