VNUE Inc (VNUE)

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The PR from Sept. 9, 2020 mentions Chip Morgan, who is participating in the beta testing of Soundstr and is General Manager at WCLX in Burlington, VT.

Chip Morgan, the CEO of Radio Operations International (ROI), signed a radio monitoring agreement with VNUE in 2018 that utilizes patent-pending Soundstr technology. The May 1, 2018 PR says "The deal will utilize the tech to provide accurate music play reporting to reduce licensing costs to radio stations, and also to increase transparency to all stakeholders."



Soundstr finally coming to fruition after several years!

Sept. 9, 2020
https://www.prnewswire.com/news-releases/vnue-reports-soundstr-mrt-platform-in-beta-deployment-301126472.html

May 1, 2018
https://www.prnewswire.com/news-releases/vnue-announces-deal-with-radio-operations-international-300640013.html

There are about 15,000 radio stations in the US market. Estimates put the potential market size for VNUE monthly fees to about $54M in the US, and about half a billion worldwide, which is a fraction of what stations pay for blanket licenses. This figure does not include other general licensing (bars, restaurants, etc.), which account for as much as $3B or more in royalties collected by the PROs.