Description

VIBES & BEATS has been a dynamic actor in Portugal's entertainment world. They are now one of the largest national concert producers and manage events in many of the country's main venues.   

The funds raised through this campaign are intended to co-finance the preparation and production of the 2nd edition of the "Rock à Moda do Porto" Festival on October 20 and 21 at Super Bock Arena, in Oporto. 

This is the promoter's third campaign, after having raised 650,000 euros through Vibes&Beats I, II and III to leverage costs before shows, which were later settled by the ticket sellers (usually 15 days after the events).

After a successful first edition of Rock à Moda do Porto valued by CISION in October 2022 at 1.7M euros, the promoter Vibes &Beats will repeat the two-night festival. A celebration of Oporto's liveliness that features bands such as Pedro Abrunhosa, Clã, Trabalhadores do Comércio, Mão Morta, Jafumega, Taxi, and others to be announced.

During the first half of the year, the promoter produced 14 shows in the country's largest venues:

• Eros Ramazzotti with 2 dates at Altice Arena,
• The Waterboys with 3 shows at the Coliseums of Lisbon, Porto, and Casino do Estoril,
• Barões da Pisadinha with 2 dates at Super Bock Arena and Sagres Campo Pequeno,
• Brasil Vibes at Altice Arena,
• North Festival with 3 dates at Alfândega do Porto,
• DJAVAN with 3 shows at Coliseu de Lisboa and Super Bock Arena.

At the moment there are 11 shows with tickets for sale and the promoter is in the process of negotiating with 2 more shows. The promoter's goals are to create new concepts of events, concerts, and festivals, where music is not the only focus of the public.

The Impact

Promotion of cultural economic activity: strengthening trade in cultural goods and services provides stimulation for local and national markets, which in turn provides employment opportunities and promotes local production. This is especially important after the cultural sector suffered serious setbacks by the Covid-19 pandemic in the last two years, and starts now to recover. The financing of Vibes&Beats enables:

• Maintenance of 7 full-time formal jobs
• Boost the national cultural industry: partnering with around 80 other national companies for the realization of the events – including marketing, communication, and structures services, encourages the cultural infrastructure.

Promotion of cultural diversity and heritage: the realization of the events promotes and recognizes national artists, cultural production, and heritage, and by bringing international artists to tour it contributes to an appreciation of cultural diversity.

Improvement in environmental responsibilities of events: the event Rock à Moda do Porto produced by Vibes&Beats has begun to value measures to decrease the event’s environmental footprint, such as the exclusive use of reusable cups, in their 1st edition in 2022. However, the organization recognizes a long way to go and commits to more environment-friendly initiatives for the 2nd edition of the event in 2023. 

Contribution to the Sustainable
Development Goals

Sustainable Development Goals

Financial viability

Download Key Investment Information Sheet

Guarantees

Shareholder's pledge - Jorge Veloso.

The Promoter

About Vibes&Beats, Lda

VIBES & BEATS acts in the market of culture, entertainment, and showbiz, through the contracting of national and international artists. The company is among the largest Portuguese producers and promoters. 

So far they have worked with artists such as BUSH, Bastille, Franz Ferdinand, Emir Kusturica, Caetano Veloso, The Prodigy, Guano Apes, Gogol Bordello, Skunk Anansie, Natiruts, Erick Morillo, Gal Costa, Gilberto Gil, Zélia Duncan, Simone, Zeca Baleiro, Djavan, GNR, Moonspell, selling out some of the largest venues in the country. 

VIBES & BEATS was also a pioneer in introducing the Back to School concept in Portugal, with a major event held at Campo Pequeno. At the moment the company has more than 80 partners, including print media, radio, blogs, and other online platforms. Its goal is to develop new concepts for increasingly diverse and demanding audiences.

The team

Jorge Veloso

CEO

The founder and CEO, Jorge Veloso, has 27 years of experience in touring and event production. Having founded his first company at the age of 19, his professional journey includes shows in 25 countries and 4 continents. From touring and representing Portuguese artists to managing tours of international names like Caetano Veloso, Seu Jorge, The Waterboys, or Ivete Sangalo. It is also important to note the production of major productions of the Champions League, UEFA Cup, and carnivals in several European cities.

Business Model

Updates