Vinyl Group CEO plans to connect 100M creators and 1B fans through music platforms, despite 2024 $16.9M net loss.

Vinyl Group CEO Josh Simons aims to create a global ecosystem connecting 100 million creators and a billion fans through various music-technology assets. The company includes platforms like Vampr, vinyl.com, and Serenade, and has partnered with Songtradr for advertising. Despite a revenue increase to $4.95 million in 2024, Vinyl Group reported a net loss of $16.9 million. Directors are optimistic about future sustainability through expansion and integration efforts.

October 26, 2024
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