I like where you're going with the color. It still needs to be highly visible on a black background in a dark nightclub, but I think color is a great way to go. I'd like to see the same thing you did with the red done with the orange. Maybe San Francisco Giants orange since I'm from there.
Also, the audio waveforms around the word audio are cool, but they feel overly large compared to the word audio. I'd like to see the sizes equalized a bit more.