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WiseTech’s Richard White ups his stake in ASX-listed Vinyl via Songtradr

  • Richard White, former CEO of WiseTech Global, increased his stake in ASX-listed Vinyl Group through his investment in music licensing startup Songtradr.
  • Vinyl Group has partnered with Songtradr to manage and sell advertising across its platforms.
  • White's investment vehicle, Realwise Holdings, acquired a convertible note worth $1.56 million and a significant number of vested options in Vinyl Group.
  • Vinyl Group CEO Josh Simons stated that the deal improves the company's financial position and helps reduce debt.

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