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# VNUE to acquire live streamer StageIt
- URL: https://www.hypebot.com/vnue-to-acquire-live-streamer-stageit/
- Published: 2021-07-29T14:48:15.000Z
- Updated: 2021-07-29T14:50:25.000Z
- Description: Music technology company VNUE has announced that it will acquire DIY ticketed music live stream platform StageIt, adding a projected $9M to its yearly revenue. VNUE’s portfolio includes set.fm and. Continue reading [https://www.hypebot.com/hypebot/2021/07/vnue-to-acquire-live-streamer-stageit.html]
- Author: Bruce Houghton
- Tags: Live & Ticketing, Music Tech, Live Streaming, #wp, #wp-post, #Import 2026-01-21 09:48

Music technology company VNUE has announced that it will acquire DIY ticketed music live stream platform StageIt, adding a projected $9M to its yearly revenue.

VNUE’s portfolio includes set.fm and live music recognition technology (MRT) Soundstr which simplifies reporting to PROs and will be used by Stageit.

![Music productionstudio with sound equipment and digital audio workstations for music industry professionals near New York NY, USA.](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-hypebot-com/wp-content/uploads/2021/05/vnue.png)

One downside to the deal could be that sharing data with a competitor might slow Soundtsr adoption by other live streamers.

**StageIt** was launched by musician **Evan Lowenstein** in 2010, is one of the earliest music live streaming companies.

It hosted 6,280 shows in 2020 and paid out over $7M to artists, generating more than $9.2M in gross revenues. The platform has over 58,000 performers and over 900,000 users from 135 countries.

StageIt launched a venue program in 2020 that includes The Bluebird Cafe in Franklin, TN, d.b.a. in New Orleans, and The Great American Music Hall in San Francisco.

**Bruce Houghton* is Founder and Editor of [Hypebot](https://www.hypebot.com/) and [MusicThinkTank](http://www.musicthinktank.com/?ref=hypebot.com) and serves as a Senior Advisor to [Bandsintown](https://www.bandsintown.com/?ref=hypebot.com) which acquired both publications in 2019\. He is the Founder and President of the[ Skyline Artists Agency](https://skylineonline.com/?ref=hypebot.com) and a professor for the [Berklee College Of Music](https://online.berklee.edu/courses/touring-101?ref=hypebot.com).*