Veeps: Could it Save Emerging Musical Artists?

Veeps is an online streaming platform that music artists can use to live stream concerts and other performances. Brothers Benji and Joel Madden first created the platform to allow artists to sell VIP Tickets. However, Veeps made a complete turnaround just in time for the pandemic. When the pandemic first struck, artists were devastated because they had to cancel their concerts. In a time when it is unsafe to engage in big gatherings or go to in-person concerts, Veeps offered a safe solution for artists that allows them to live stream concerts and performances. Artists like Brandi Carlie, Liam Payne, Pete Yorn, Louis Tomlinson, Tom Felton, Drake Bell, and  Lauren Daigle have taken advantage of the platform which allows them to live-stream performances where fans can engage with them with the chatbox feature. 

The artists themselves don’t pay any fees to use the streaming service but fans do have to pay a 15 percent service fee when buying tickets. The artist sets the ticket prices for their performances which can cost between $10 to $15. The artist can also list donation options with the ticket prices which in most cases go toward certain charities the artists are associated with. Small artists can expect to make around $10,000 while bigger artists can make anywhere between $30,000 to $50,000. In March, at the beginning of the pandemic, Veeps saw a 135% increase in shows and does not seem to be slowing down. Missing the concert experience? Maybe you should give Veeps a try.

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