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Vinyl Group is born,
Three brands unite under one,
Music's future soars.
Jaxsta rebrands as Vinyl Group, unifying three brands under one umbrella
Australia's only ASX-listed music company, Jaxsta Ltd, has rebranded as Vinyl Group Ltd following shareholder approval at the company's Annual General Meeting on November 29, 2023. The company's ticker code will change from JXT to VNL, effective from the commencement of trading on December 5, 2023.
Vinyl Group will serve as an umbrella brand, incorporating the company's three existing brands: Jaxsta, Vampr and Vinyl.com. Each brand offers unique services within the music industry. Jaxsta will continue to provide music credits and address the industry's metadata problem. Vampr, a music industry social-professional network and talent marketplace, boasts 1.3 million users across more than 180 countries. Vinyl.com offers an e-commerce experience with over 50,000 titles for fans to purchase.
The rebranding signifies more than just a name change. It represents a unified vision for the future of the company according to Vinyl Group CEO, Josh Simons. 'It’s a huge privilege to be able to usher in this new era in the journey of three fantastic businesses, each now residing under the newly rebranded Vinyl Group. This new identity is more than just a name change. It represents a unified vision for our future – a future where our technology and products are more interconnected, offering an enriched experience for our clients and users.'
Vinyl Group Chair, Linda Jenkinson, echoed Simons' sentiments, stating, 'The Board has backed this new evolution for the Company, which sees Vinyl Group launch as a new, global brand dedicated to making, enjoying and monetising music. We are confident that this exciting new era will see three businesses working together to celebrate music, foster relationships and enhance value for Jaxsta, Vampr and Vinyl.com.'
Vinyl Group's leadership team includes CEO Josh Simons, CFO Jorge Nigaglioni, CMO Alli Galloway, CPO Jessy Trengove, and Tech Lead Chris Lowe. The team will be tasked with steering the company through this new era of interconnectedness and growth.