Venuecast Revenue

About Venuecast

Venuecast is a digital sponsorship (ad) platform for live music venues, everywhere. The accessibility of digital music has spawned a greater demand for live music. Since Napster, ticket sales revenue in North America has risen 315%. The world’s leading brands understand this, which is why music sponsorship is growing so fast, too. Very few artists are making money on record sales anymore. The shift has turned to touring and merchandise. We, the fans, feel that pressure with higher ticket sales. When ticket prices increase, attendance generally decreases. It’s a delicate balancing act. The models are changing everywhere. Just like album sales have become obsolete to the recording industry, ticket sales will become obsolete to the concert industry. The revenue model is shifting already. In addition, concert downtime sucks. It’s a huge missed engagement opportunity. Nearly 80% of concert attendees say downtime is the worst part of the live music experience. Avg. wait time; 2 hrs per show. We’re here to change the entire live music experience. To connect and engage brands directly with their audiences — captive audiences who are specifically there for the entertainment. We’re here for the fans. We’re here for the venues. We’re here for the artist. For us, the evolution of an industry must absolutely benefit every component of the equation. We are fans in the pit. We are touring musicians. We are concert industry veterans. We are passionate about technology. We live for the experience. We are not an app. We are the future of live music. We are Venuecast.

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