Serenade has commercial partnerships with 100+ record labels including Warner Music Group, Beggars Group, Concord and Glassnote.
Josh Simons: "The acquisition of Funkified completes our acquisition strategy aimed at fully realising the opportunities identified in The Brag Media business."
Vinyl Group CEO Josh Simons: ‘It’s a pleasure to welcome Mediaweek to Vinyl Group’
MW joins a media network with over 10m monthly readers.
"Each of our brands services a different part of the industry."
"We will be able to start the new financial year on strong footing to focus on our key growth activities."
The business is focusing on a 1-for-17 offer of new fully paid ordinary shares at $0.098 per new share.
The leadership change follows a "thorough review of The Brag Media."
Girgis to stay on as publisher and managing director of The Brag Media