Catenae Innovation

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Catenae Innovation plc
TypePublic Limited Company
AIM:CTEA
Industry
PredecessorsMilestone Pictures Limited[1]
Milestone Group Holdings Limited[1]
MGH Investments Limited[1]
Milestone Group
Founded6 March 2003 (2003-03-06)
Headquarters,
Products
  • The Passion Project
  • Winning in the Game of Life™
  • OnGuard
  • OnSide
Subsidiaries
  • Relative
  • Mobile Business Solutions
  • Nexstar
  • Disorder Magazine
Websitecatenaeinnovation.com

Catenae Innovation (formerly Milestone Group) 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.[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[1] to a digital media and technology company. The following events mark that progression:

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.[3]

2011

  • Acquisition of Oil Productions Ltd[4][5] and the development of OnSide.
  • Milestone’s subsidiary Oil Productions was awarded a contract to deliver a digital art competition for Infiniti.[6]

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.[7]

2013

  • Milestone launched its flagship product, the Passion Project, with the aim to inspire and empower young people and tackle youth unemployment.[8]
  • 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.[9]

2014

2015

  • Milestone formed a joint venture company, “Nexstar”, with Black Cactus Holdings Pty Ltd.[11] 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.[12]

Former holdings

Television channels

The Milestone Group had one television channel Six TV (originally The Oxford Channel, it operated through Oxford Broadcasting) and was a "free-to-air" channel available in Oxford and Southampton. It closed in 2009.[13]

Newspapers & Magazines

Basingstoke Observer was sold in a management buyout in September 2006. Following several changes in ownership, it now operates under the ownership of Taylor Newspapers. In June 2015, the Observer brand was extended to publications in Newbury & Thatcham.

On November 28, 2019, Taylor Newspapers ceased operations.[14]

References

  1. ^ a b c d "First day of dealings". Trustnet. 1 July 2003.
  2. ^ "Milestone completes a rebranding". Shareview. 19 June 2012.
  3. ^ "Milestone Invests In Florida Based wireless technology firm and agrees UK Distribution Deal". ProactiveInvestors. 8 October 2009.
  4. ^ "Milestone Group acquires Oil Productions". Enforbusiness. Archived from the original on 4 March 2016. Retrieved 6 January 2016.
  5. ^ "Acquisition of Oil Productions Limited". Investegate. 15 August 2011. Archived from the original on 4 March 2016. Retrieved 7 January 2016.
  6. ^ "Milestone Group wins "significant" digital art contract". ProactiveInvestors. 24 November 2011.
  7. ^ "Former Chelsea captain Elliott OnSide with Milestone Group". ProactiveInvestors. 6 September 2012.
  8. ^ "Milestone launches social engagement programme". The Telegraph Investor. 29 January 2013. Archived from the original on 4 March 2016.
  9. ^ "Milestone Group's OnSide product goes live with Charlton Athletic Community Trust". ProactiveInvestors. 23 January 2013.
  10. ^ "Milestone Group subsidiary wins animal welfare micro-site gig". ProactiveInvestors. 22 April 2014.
  11. ^ "Milestone's Joint Venture, "Nexstar", signs first contract". ProactiveInvestors. 5 October 2015.
  12. ^ "MSG agrees to licence Disorder Content to Nexstar". InteractiveInvestor. 16 December 2015.
  13. ^ Oxford Mail
  14. ^ "TAYLOR NEWSPAPERS LIMITED - Overview (free company information from Companies House)". beta.companieshouse.gov.uk.