VNUE Inc (VNUE)

[MrCheap]

Lovin this "The patent pending VNUE solution is called “MiC™,” for “Music Identification Center,” and Bair expects that, once fully implemented, it will result in a significant uptick in licensed venues, as well as royalties paid to songwriters, composers, and artists. It is estimated that PROs collect in excess of $500M or more from blanket agreements yearly; VNUE estimates that through implementation of the MiC solution that it will be able to double or triple this figure by encouraging many more venues to become licensed through reduction of fees, while at the same time ensuring that the correct rights holders are compensated through accuracy of tracking."