VNUE is a music technology company that specializes in recording live concerts and facilitating the immediate sale of these recordings through its platforms, including Set.fm. The company allows musical artists to monetize their performances by providing high-fidelity recordings as digital downloads and physical products such as CDs and USB drives through partnerships, notably with DiscLive Network. By leveraging technology, VNUE creates a unique revenue stream that benefits both artists and fans, allowing concert-goers to take home high-quality recordings of the live performances they attend.
In addition to recorded content, VNUE offers a livestreaming service via Stage It, connecting fans with artists in real time, thereby enhancing the live music experience. Their proprietary technology solutions, including Soundstr for music identification and rights management, aim to improve revenue generation for artists and ensure they are properly compensated. With ongoing partnerships and a focus on innovation in live music experiences, VNUE is positioned to adapt to the changing landscape of the music industry, providing services that both artists and fans value.