Member Article
New contract win for Nexstar JV the 'start of an exciting new direction'
London tech firm Milestone Group Plc has revealed that its joint venture partner in Nexstar, Black Cactus Holdings Limited, has signed a contract with music and media company Rock Solid Development Ltd to utilise the digital music publishing platform, Backstage HD.
Rock Solid will use the Backstage HD platform, which provides a one-stop-shop technical solution for musicians, recording artists, independent labels and the music industry, to help manage and develop artists quickly and cost-effectively.
The first artist to launch on the platform from Rock Solid is East London rapper, singer and producer Jammin.
Nexstar will receive a revenue share per transaction which includes sales of music, ticket sales and advertising revenue.
Deborah White, CEO of Milestone, said: “This latest contract for the Nexstar JV is the start of an exciting new direction for the company.
“The technology offered via Black Cactus provides Nexstar with the ability to offer artists a new simple multi channel marketing and distribution solution.”
Keith Johnson, CEO of Rock Solid, added: “This move ensures Rock Solid’s relevance in an ever-changing marketplace. We now have the technology to give artists the global reach of a record label whilst maintaining their rights.
“This gives license for a new level of artist integrity, the music industry will never be the same again.”
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