VNUE, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 04:06 pm EST
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VNUE, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.196522 million compared to USD 0.09918 million a year ago. Revenue was USD 0.196522 million compared to USD 0.09918 million a year ago. Net loss was USD 0.305525 million compared to USD 0.611889 million a year ago.
For the nine months, sales was USD 0.428552 million compared to USD 0.233871 million a year ago. Revenue was USD 0.428552 million compared to USD 0.233871 million a year ago. Net loss was USD 1.12 million compared to USD 17.94 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. 
