Milestone, the AIM and Social Stock Exchange quoted provider of digital media and technology solutions, has announced that its technology partner, Nexstar, has signed a Joint Venture agreement with Self Made Limited. Self Made is a recently incorporated company with a focus on music publishing. The objective of the joint venture is to combine leading music artists with Nexstar’s music publishing and analytics platform which utilises blockchain technology to monetise and manage an artist’s intellectual property.
Nexstar will own 51% of the issued share capital of the joint venture with Self Made controlling the remainder. Self Made will supply artists for the publishing platform and Nexstar will provide its IP and knowledge within publishing and artist’s IP management utilising its blockchain technology to encrypt and distribute songs in a secure and trackable way.