SYDNEY, AUSTRALIA: Music technology company Jaxsta has announced the launch of Jaxsta Pro (beta version), its paid business-to-business subscription-based service targeting music industry professionals.
Jaxsta’s CEO and Co-Founder, Jacqui Louez Schoorl, said that the launch was a significant commercial milestone as the beta version of Jaxsta Pro is expected to generate the first revenues for the Company from early adopters this year. More significant revenues are expected to be generated in H1 2020 from wider adoption as market awareness of the product increases in line with the marketing and publicity campaigns also launched today.
“The launch of Jaxsta Pro Beta is a significant achievement for the Company and represents the delivery of our first revenue-generating product to market. We are immensely proud to have surpassed this milestone in less than a year since relisting,” said Ms Louez Schoorl.
“The initial suite of features in the beta version of Jaxsta Pro are specifically designed to deliver the ultimate user experience and the best value for our target audience of music industry professionals. We believe these tools will be of great benefit to creatives worldwide, whether they be a music producer, record label or artist manager.”
The Company will build on and refine the initial suite of features available in Jaxsta Pro Beta by continuing to collect and assess user and market feedback. One of the first features Jaxsta expects to add to the current suite is ‘Musical Works’.
This feature will provide simplified access for music licensees to locate syndication deal contacts and is currently scheduled for activation in CY2020. To support the launch of Jaxsta Pro Beta, the Company is actively seeking to grow and acquire paid users via a range of marketing and publicity activities.
Jaxsta is currently offering 30-day complimentary trial memberships for Jaxsta Pro Beta to drive initial user adoption and offer every person connected with the music industry an equal opportunity to claim their profile and populate it.