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Business Overview. What is Venzo Digital? A award-winning web platform that helps people sell music & apps on iTunes for free! We operate on a freemium.

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Presentation on theme: "Business Overview. What is Venzo Digital? A award-winning web platform that helps people sell music & apps on iTunes for free! We operate on a freemium."— Presentation transcript:

1 Business Overview

2 What is Venzo Digital? A award-winning web platform that helps people sell music & apps on iTunes for free! We operate on a freemium model that enables customers to sell unlimited content freely while earning 80% of the revenue generated from their content. We make money by keeping the remaining 20% revenue generated from customer content.

3 Scenario Problem: A independent musician/company has just produce some awesome content but doesn't know how to get exposure or make money and doesn't want to pay to get started. Solution: Through Venzo Digital, we can empower anyone sell unlimited content (music, & ringtones) on iTunes + build a beautiful looking iPhone app for consumers to interactively experience great content -- All for free!

4 What People Say… “Venzo has been a great partner and a pleasure to work with! Their team’s dedication and responsiveness has allowed us to expand our presence in the digital marketplace and maximize value of our licensed products” – Thomas Peterson, Licensing & Digital Operations, Sumthing.com (The largest aggregator of video game soundtracks). “I really love the service. I love how I can see my information on the site.” – Kevin Lyttle, Soca/Reggae Superstar (“Turn Me On” - Top 10 iTunes US Chart Artist for “Reggae”) “Kevin has been instrumental in helping The Jacksons in building their iPhone app. I love how the app looks! Great service!” – Peter Marine, PM4 Management (Manager of Siggy Jackson, son of Jackie Jackson of the Jackson Family)

5 The Team Management Team Kevin Rivers - Founder/CEO Been in the music industry business for over 9 years - Sign first direct distribution deal with Sony CONNECT at age 18 - Youngest to sign deals with major record labels/digital retailers for distribution. Aleasha Rivers - President - Edmunds Entertainment/Publishing - Radio Show Host (107.1) - Market/Research (Cunningham Research Co.) Staff Team Richard Rowlands – Lead Project Manager Ahsan – Project Manager

6 Overview History Officially Launched in January 2012 Self-Funded Company 4 Employees Based in Detroit, MI Key Markets Music ($10B+ Market) Ringtones ($5B+ Market) Mobile Apps for Music ($20B+ Market) Target Customers: Artists, Labels, Distributors, Media Companies, and Publishers. Traction & Growth More than 250,000+ songs & ringtones in backlog More than 200+ apps in backlog Over $1M+ in gross music sales (Over 3.5M+ units sold since 2012) Projected Growth Rate of $500k - $1M by the end of 2013.

7 Revenue Growth Since the official launch in January 2012, we have experience great growth as a startup company. Below are our 2012 revenue data and 2013 current data to date. 2012 Gross Revenue - $931,512.35 (Jan-Dec 2012) Net Revenue - $186,302.47 (Jan-Dec 2012) 2013 Gross Revenue - $455,943.32 (Jan-Nov 2013) Net Revenue - $91,188.66 (Jan-Nov 2013) Total Growth Gross Revenue - $1,387.455.67 Net Revenue - $277,491.13

8 The Competitive Advantage CompetitorsOur Advantage Free Service Simple and easy to use Pure Profit Machine. Easy user adoption with powerful turnkey solutions. Our Technology Platform (we call Intranet)!

9 What is Intranet? Intranet is a Intelligent Distribution technology that automates the entire workflow of digital distribution. The first of its kind! Features: - Automated Analytics - iTunes Trends (Daily/Weekly) - Auto-encode content to meet partner delivery specs - Download Reports In Excel Spreadsheet - Automated Financial Reporting** - Variable Pricing/Territory System - And More!

10 Investor Approach We are looking to raise $1,000,000 in our first Venture Round in exchange for 49% equity in our business from a $2,000,000 pre-evaluation. Investments will include board seats & significant ownership. Funding will go towards the following areas: New Jobs (hire a new sales force/development team) Technology Infrastructure (make things more automated + add new store offerings) Content Acquisitions (Acquiring premier labels/content) Marketing & Branding (increase brand awareness and artists brands) Expand Territories (creating language, localized country versions of the site) Advertisements (search ads, social ads, SEOs)


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