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ASX BRIEFS

VINYL GROUP LTD (VNL) - Transforming Music and Media: CEO Josh Simons on Strategic Acquisitions, Web3 Expansion, and the Future of the Creator Economy

13 Oct 2024

Description

Send us a textWhat if a single strategic move could redefine the music and media industries? Join us on ASX Briefs as we uncover the secret sauce behind Vinyl Group Limited's trailblazing success with their CEO, Josh Simons. Josh returns to share how the company, which boasts the world's only official music credit database, is pushing boundaries with innovative strategies and smart acquisitions. Discover the seamless integration of platforms like Jaxsta and Vampr, and learn how their revamped interfaces promise an even more dynamic user experience. Explore how their acquisition spree, including Jaxsta, Vampr, and Media Week, is positioning Vinyl Group at the forefront of the creator economy and media landscape.But that's not all—Josh delves into Vinyl Group's strategic expansion into the realm of collectibles with the London-based Web3 pioneer, Serenade. This move aligns with their ambitious Vinylcom initiative and is set to boost cash flow significantly. Hear firsthand about the impact of acquiring Funkified Entertainment and how bringing event management in-house is a game-changer for improving margins. As the company targets a break-even point by FY26, Josh shares insights on the art of identifying promising acquisition targets that fuel growth. Don't miss out as we explore how Vinyl Group is reshaping the future of music and media with visionary leadership and strategic foresight!

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