Milestone Group
| Public Limited Company | |
| Traded as | AIM:MSG |
| Industry | |
| Founded | March 6, 2003 |
| Headquarters | London, United Kingdom |
| Products |
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| Subsidiaries |
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| Website |
milestonegroup |
Milestone Group plc (a.k.a. Milestone) is a British Digital Media and Technology company. Originally a cross media proprietor with holdings in radio, publishing and television, the company now focuses on the digital media and technology sector.[1]
Milestone has built a range of products and services that cover a range of activities including education, training and publishing. Its flagship product, the Passion Project, has been designed to create a holistic approach to careers advice for young people, involving over 100 organisations across the profit, not-for-profit and third sector. A by-product of the Passion Project’s process is the creation of a social marketplace for its partners. The resulting ecosystem offers a range of commercial and social impact opportunities for the company and its network of clients.[2]
The company is based in London and is a constituent of the FTSE AIM All-Share Index division of the Alternative Investment Market.
History
Events
Since Milestone’s admission to the AIM on 1 July 2003, the company has progressed from a radio, publishing and television provider[3] to a digital media and technology company. The following events mark that progression:
2008
- A new Board was formed headed by CEO, Deborah White.
2009
- Milestone entered into an agreement with privately owned American Technology firm, JumpStart Wireless Corporation, obtaining the rights to sell patented and patent pending technologies of Jumpstart in the UK.[4]
2011
- Acquisition of Oil Productions Ltd[5][6] and the development of OnSide.
- Milestone’s subsidiary Oil Productions was awarded a contract to deliver a digital art competition for Infiniti.[7]
2012
- Paul Elliott CBE was appointed Milestone’s Sports and Corporate Social Responsibility Ambassador, bringing his “expertise in community and corporate social responsibility, both locally and nationally” to the company.[8]
2013
- Milestone launched its flagship product, the Passion Project, with the aim to inspire and empower young people and tackle youth unemployment.[9]
- Milestone piloted its Winning in the Game of Life™ product in Primary Schools, meeting the UK curriculum for Spiritual, Moral, Social and Cultural education, and developed the OnGuard product which went live with Charlton Athletic FC’s Community Trust.[10]
- The Milestone Foundation was established, a charitable foundation used to underpin the Passion Project and aid the delivery of successful outcomes for young people.
2014
- Milestone acquired Disorder Magazine, which showcases young talent whilst providing training for young people.
- Milestone’s subsidiary Oil Productions was awarded a contract to deliver the construction of a microsite for the Animals Asia Foundation.[11]
2015
- Milestone formed a joint venture company, “Nexstar”, with Black Cactus Holdings Pty Ltd.[12] Nexstar was originally launched for the loyalty and rewards sector, but has since expanded to include a range of services including music, film, TV and apps. It was agreed that Nexstar would syndicate content from Disorder Magazine.[13]
Products and Subsidiaries
According to their respective websites, Milestone Group PLC and its subsidiaries offer a number of products and services to its clients. These include:
Oil Productions Ltd t/a Relative
A creative agency specialising in the creation of digital experiences and brand activations.
The Passion Project
A social engagement programme established to tackle youth unemployment.
Disorder Magazine
A fashion and music-orientated youth magazine.
Winning in the Game of Life
An educational programme designed to develop the emotional intelligence of school-aged children.
Nexstar
A technology provider, delivering solutions to industry leaders within the employee recognition, employee performance, customer loyalty and reward and product promotions market segments.
Mobile Business Solutions
A provider of mobile management tools incorporating:
- OnSide – A mobile-managed monitoring tool for sports organisations.
- OnGuard – A mobile-managed reporting tool used within the security and man-guarding sectors.
Corporate Social Responsibility
In 2013, Milestone Group established the Milestone Foundation, a charitable foundation created to underpin a series of social initiatives and leverage the group’s expertise to maximise commercial and social value. Its flagship product is the Passion Project.[14]
Its trustees include:[15]
- Kevin Everett, Charitable Lead
- Prof Lord Patel of Bradford
- Lord Kennedy, Baron of Southwark
- Cmdr Chris Waite
- Paul Elliott CBE
- Wilf Pickles
- Richard Evans
- Deborah White
Former Holdings
Television channels
The Milestone Group had one television channel:
- Six TV - was a "free-to-air" channel available in Oxford and Southampton. It closed in 2009.[16]
Radio stations
The Milestone Group used to own five local radio stations in the UK. All these radio stations were sold in the years 2005/06:
- Kestrel FM - local radio station for the Basingstoke and surrounding area of north Hampshire. (Sold to the Tindle Radio Group)
- Kick FM - local radio station for West Berkshire, broadcast from Newbury. (Sold to the Tindle Radio Group, now known as The Breeze (Newbury) and owned by Celador.)
- Passion 107.9 - local radio station for the Oxfordshire area (Sold to ARI Consultancy).
- Reading 107 FM - local radio station for the Reading area of Berkshire (now owned by John Madejski).
- 107.1 Rugby FM - local radio station for the Rugby area of Warwickshire (now owned by Quidem.
Newspapers & Magazines
The Milestone Group used to own six publications, under the Courier Newspapers brand:
- Auto Weekly - information on the buying and selling of cars in Oxfordshire.
- Breakout! - published immediately before school holidays, a publication distributed in primary schools to children.
- South Oxfordshire Courier - free newspaper for southern Oxfordshire, formerly "Courier Journal".
- Oxford Journal - free newspaper for northern and central Oxfordshire, formerly "Oxford City Journal".
- Oxfordshire Living - free monthly publication distributed in Oxfordshire.
- Property Weekly - free publication advertising property for sale in Oxfordshire.
Breakout! and Oxfordshire Living are no longer published, while the other publications are all now owned by Tri-Media Publishing.
External links
References
- ↑ "Milestone completes a rebranding". Shareview. 19 June 2012.
- ↑ "Milestone passionate on adding social and shareholder value". ProactiveInvestors. 11 December 2014.
- ↑ "First day of dealings". Trustnet. 1 July 2003.
- ↑ "Milestone Invests In Florida Based wireless technology firm and agrees UK Distribution Deal". ProactiveInvestors. 8 October 2009.
- ↑ "Milestone Group acquires Oil Productions". Enforbusiness. Retrieved 6 January 2016.
- ↑ "Acquisition of Oil Productions Limited". Investegate. 15 August 2011.
- ↑ "Milestone Group wins "significant" digital art contract". ProactiveInvestors. 24 November 2011.
- ↑ "Former Chelsea captain Elliott OnSide with Milestone Group". ProactiveInvestors. 6 September 2012.
- ↑ "Milestone launches social engagement programme". The Telegraph Investor. 29 January 2013.
- ↑ "Milestone Group's OnSide product goes live with Charlton Athletic Community Trust". ProactiveInvestors. 23 January 2013.
- ↑ "Milestone Group subsidiary wins animal welfare micro-site gig". ProactiveInvestors. 22 April 2014.
- ↑ "Milestone's Joint Venture, "Nexstar", signs first contract". ProactiveInvestors. 5 October 2015.
- ↑ "MSG agrees to licence Disorder Content to Nexstar". InteractiveInvestor. 16 December 2015.
- ↑ "Milestone passionate on adding social and shareholder value". ProactiveInvestors. 11 December 2014.
- ↑ "Milestone appoints trustees for Passion Project charity". ProactiveInvestors. 10 July 2014.
- ↑ Oxford Mail