LOS ANGELES: If ever a platform was built for the stay-at-home era and took years to realise it, it's Stageit. The site is the spot where fans are paying to see upward of 700 artist performances a week in an intimate setting – face-to-face, laptop-to-laptop. With touring, a musician's financial lifeline, ceased until this pandemic ends, Stageit has suddenly become crucial to the survival of many smaller, independent artists.
"We're very blessed to be in a position where we're able to help so many people right now keep a roof over their head and put a smile on fans' faces who are locked in their homes," says Evan Lowenstein, revealing that Stageit made US$884,000 (RM3.8mil) in the last two weeks. "To counter that, we did US$500,000 (RM2.17mil) all last year." Lowenstein went on to add that Stageit's year-to-date through April 4 had reached US$1,378,924.40 (RM5,995,701.18).