Jaxsta Becomes Vinyl Group Following Company Name Change
Jaxsta, Australia’s only ASX-listed music company, has changed its name.
As revealed in an official press release, Jaxsta will now become Vinyl Group Ltd following shareholder approval, Shareholders voted to approve the name change at the company’s annual general meeting last month.
The company’s name in its constitution will be amended accordingly, while its ticker code will change from JXT to VNL. Both changes are expected to be effective on the ASX from the commencement of trading Tuesday, December 5th.
Vinyl Group launches with a promise to become the heartbeat of an equitable music world, providing tech solutions that connect and give credit to the global creator economy. The new-look Vinyl Group will function as an umbrella brand that incorporates the company’s three existing brands: Jaxsta, Vampr, and Vinyl.com.
You can check out the new-look Vinyl Group’s new company website here.
Vinyl Group CEO, Josh Simons, said: “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.
“Through e-commerce, social network platforms and a proprietary database of official credits, Vinyl Group’s suite of transformative products will continue to connect and empower all participants of the music ecosystem. Our unwavering commitment to support artists, power the industry, and engage fans is the driving force behind our efforts.”
Vinyl Group Chair, Linda Jenkinson, added: “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.”