A digital media entertainment company that has successfully developed a multi-services content production and delivery solution to securely broadcast Live Virtual Events in high-definition video and sound;
An intuitive platform, supporting a connected ecosystem of tools and services where Artists, Producers / Promoters, and Venues can collaborate to create, promote, produce, and monetize digital content;
And a framework designed to transform the performing arts community segments ...
Our framework is comprised of three fully integrated solutions:
- An Event Production Platform enabling Venues to transform their live event space into virtual environments
- An Event Management Hub providing Artists, Promoters, and Sponsors with integrated services such as Ticketing, Revenue Sharing, Digital Rights Management, Contracting, and Settlement
- An Audience Access Portal leveraging advanced analytics and AI data assimilation to enhance the digital experience to the audience
OUR COMPETITIVE ADVANTAGE
- Streaming-ready certified venues
- Standardized end-to-end production quality
- High-quality separation of audio & video
- End-to-end event management platform
- Consistent, engaging experiences for both audiences and artists
- An ecosystem of resources and services for artists, producers, promoters, sponsors, influencers, friends...
KEY DIFFERENTIATORS
- Certified broadcast-ready production venues
- Separated HD sound and video streams
- Secure, protected livestreams requiring login
- Integrated monetization functionality
- Transparent and simple settlement options
- Customizable ticketing and merchandise sales
- Personalized artist portal to manage profiles and events
- Live chat, VIP, and “meet & greet” features
- Social Media Marketing (SMM) and other promotion services
PROGRESS TO DATE
- Injection of $60K+ initial capital, and sweat equity of 6500+ man-hours
- Completion of proprietary broadcast platform → Event Production Platform
- Successful launch of YouBeNow.com → Event Management Hub
- A successful run of 15+ live virtual events (November 2020 to April 2021)
- Proof of event monetization & settlement
ROADMAP 2021-22
- Secure $500,000 as working capital from angel investors
- Successfully complete and monetize 100 shows in 2021
- Achieve positive cash flow in 2021
- Second Financing Round – Series A discussion in 2022
- Rapidly capture North American Live Virtual Events market-share
The current round of investment sought ($500K) to be used as working capital for:
- Securing on-boarding of venues (Sales & Marketing)
- Securing completion of 100 live virtual events (Sales & Marketing)
- Improving the Event Production Platform technology (R&D)
- Improving the Event Management Hub functionalities and features (R&D)
- Improving Audience Access Portal and overall audience experience (R&D)
- Sales, General, and Administration Expenses (SG&A)
JUNE 2024 PROJECTIONS (P&L)
Optimistic Scenario $12M
Realistic Scenario $6M
Conservative Scenario $3M
* backing documents are available under NDA
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