The brand intends to venture into VR concert performances.
Decentralized music community and discovery platform Audius has announced the acquisition of virtual music experience platform SoundStage.fm. The takeover signals the company’s foray into the rapidly expanding market of virtual concert performances and further establishes its presence in the growing music metaverse.
“At Audius, we are always excited to expand the ways that artists can interact with their most passionate fans,” said Audius CEO and co-founder, Roneil Rumburg. “SoundStage.fm has built one of the most compelling environments for artists and their fans to meet virtually and is a natural extension of what the Audius community is building. We’re excited for the artists that love Audius to connect with their fans in the SoundStage.fm metaverse.”
Founded in 2019 by Ara Kevonian, Barcelona-based SoundStage.fm provides compelling interactive experiences for fans while unlocking new branding and monetization prospects for artists.
“My intention with SoundStage.fm was to produce the next best thing to a physical concert. The goal was to deliver an experience that allowed fans and artists to interact as their human selves. As we found out, that human element proved to be key in recreating the excitement that was lost in existing live stream and virtual concert offerings,” said SoundStage.fm CEO and founder Ara Kevonian. “I’m excited to bring SoundStage.fm to Audius and join the Audius ecosystem. Roneil and Forrest share the same vision of bringing more unique and compelling experiences to fans while giving the artist full creative freedom.”
Check out Audius’ announcement video below.
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