VNL 0.00% 10.5¢ vinyl group ltd

Few revenue steams, you can find them in the recent investor...

  1. 171 Posts.
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    Few revenue steams, you can find them in the recent investor presentations.

    API - Selling our data to music providers. The big fish being Spotify, Apple Music Etc.

    Subscription - People paying for Jaxsta Pro most likely artist or the management teams.

    Ecommerce - Advertising, concerts referrals and merchandise.

    You’ll find the bulk of revenue will come from API sales. There’s no industry standard atm and data is scattered everywhere. JXT is the only official source for credits and if we can get big players to use our API then we’ll have a healthy revenue stream.

    As for the downloadable music, Jaxsta likely won’t allow you to download songs but will show each song and link your to the music on Spotify or Apple if that’s what you mean. Whether we get a fee for the referral I’m not sure.
    Last edited by Rebound985: 24/03/21
 
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