|7DIG should be doing very well from this alone.|
|China’s digital entertainment a hit overseas
By Zhu Shenshen | December 1, 2016, Thursday | PRINT EDITION
LOUIS Yang, co-founder and chief executive of the Shanghai startup musical.ly, never expected the live streaming app to attract so much attention so quickly in overseas markets.
“When we started out, we figured on maybe 5 million users within the first year, but the global response has been far beyond our imagination,” Yang said in Musical’s office on Jumen Road in downtown Shanghai.
Since its debut last year, Musical has amassed 120 million users globally, attracting celebrities and artists like Jason DeRulo, Paris Hilton, Fetty Wap, Shaquille O’Neal, Adam Lambert and Gnash.
Musical is the latest example of Chinese mobile publishers penetrating overseas markets in content and entertainment. They are taking advantage of the latest technologies, like cloud computing, artificial intelligence translation and mobile application stores.
Their services span music video clips, e-book novels and security applications on mobile devices.
Welcome to the newest wave of domestic entrepreneurs in China’s “Go Global” campaign, trailblazers following in the footsteps of companies like Lenovo and Huawei.
Their rapid foothold overseas is down to applications in entertainment, social networking, music and videos, according to US research firm App Annie.
Their combined revenue from Apple’s iOS store in the year to September 30 jumped 1.6 times to US$400 million in the United States market alone, and surged 2.6-fold in Japan to US$200 million, said App Annie.
New technologies are being integrated into Chinese cultural content to attract overseas audiences, said Yin Weimin, chairman of the National Base for International Cultural Trade (Shanghai).
Musical is now the top local Internet firm targeting overseas markets, Yang said, noting the benefits of its “unique opportunities and timing.”
With some 120 million users in more than 100 countries, Musical offers more than 2 billion online video clips and is one of the biggest clients of Amazon cloud service AWS in China.
The app attracts about 1 million new registered users a day and handles about 200 million new messages daily during peak seasons — all with a technology management team of only three engineers.|
Radio looks like winning out longer term.|
Could 7Dig with its worldwide Radioplayer pay a part in this.?|
|7digital has already licensed Radioplayer Worldwide in a number of territories, including Germany, Ireland, Austria, Norway and Belgium. These latest deals with coalitions of broadcasters in Canada and Peru mark the first expansion of RPW to markets outside Europe and increases the total number of stations on the Radioplayer platform globally to over 2,000.
Total worldwide 🌏 radio stations is 44,000. Just under 5% in the bag so far.|
|Interesting tweet from 7digital account...
"Today's the day! Courtesy of our friends @musuruguay, the way of spreading music in Uruguay is about to change...#music"
Front page of the service (launching later today) is hTTp://mus.uy - looks very slick...
There is a link to hTTp://mus.uy/lanzamiento/ which gives a little more info (in Spanish) - looks significant - at a quick glance, has logo for "Antel" which is a mobile operator... hTTp://www.antel.com.uy/antel/|
|Rock on.💃💃;💃 HTTP://www.openpr.com/news/364114/ROK-BDG-Mobile-Plan-Goes-Beyond-Talk-Text-to-Incorporate-Music-Lifestyle-Benefits.html|
Looking at valuations. Omnifone went down the pan but even after the event just part of the assets fetched £8M,the same value put on 7DIG today.|
|Looks good to me|
|answer is here old chap
you just have to know where to look ;-)
its hardly earth shattering but does deliever what they promised
The newly unveiled collaboration with the London-based company, known for partnering with musical.ly, HMV, Technics and Onkyo, comes as a teaser ahead of Playster's huge music announcement, which will include the addition of millions of songs from both major label and indie artists.
It's this paragraph that has got me thinking.
What is going to be in this huge music announcement ?|
I have spent the last hour looking at Playster. Very little about the company can be found on the internet. It's not listed on the stock market.|
|The Sterling effect on potential profits.Over half of revenues are in foreign currency. In full year 2017 on a turnover of £14M the benefit would be around 15% or about £1.1M.
Then add to that the ongoing cost savings from this years purchase of £1M a year and the company is better off to the tune of £2.1M on an annual basis.Winning new contracts is also made a lot easier when you have a 15% foreign exchange advantage at the negotiating table.If 7DIG can grow revenues or just replace the low margin download sales with more quality margin work then the future has to bright.The companies decision to partner with the big players rather than the minnows also improves the attractiveness of the 7Dig to investors.💰|
|There are 196 countries in the world today. 7Dig had around half of them in the bag by July 2015. I can't find a more recent number.🌏
|Not sure exactly what you mean pet lover - "can anyone fill me in on this?"
However, this piece of news from last year is worth reading to give you an idea of their geographically ambitious plans for expansion:-
Meanwhile musical.ly appears to be continuing its ascent as a popular social network:-
|# The company also has ambitious plans to expand into new growth markets in the Middle East, Africa and Asia, and therefore needed a powerful but cost effective tool to monitor customer experience in those geographically diverse markets.#
Can anyone fill me in on this ?|
|My only reason for being invested in 7Digital is the hope that they produce fast growing recurring revenues.The mathematics are very simple.First make a profit and then grow them faster than other companies.7Digital has the added bonus of being on the radar of the larger players within the industry.7Dig have 3 important ingredients Radioplayer MQA and their links to the BBC.The streaming music world is being led by the U.K and 7Digital does appear to be in the right place at the right time.Todays valuation reflects the poor performance in the years gone by and scepticism about managements ability to produce profits in the future.If,and their is no guarantee they will,come good i for one will be rather happy.🌞774;|
|As I alluded to yesterday, a small video clip which mentions 7digital in context of operators adding services (eg. music) to reduce risk of commoditisation and increase customer stickiness...
The old interview with Simon Cole it bears out what he says about 88% of audio not being listened to on a subscription service. If radio can be used to introduce the public to other services like streaming then 7Digital should I hope have a bright future.|
|In cars, traditional radio is still king (for now)
November 21, 2016
traditional radioAs other forms of music delivery such as iPods and Pandora have popped up, you’d expect the popularity of traditional radio to wane.
Most research indicates that hasn’t been the case. And it’s especially not the case in cars, where terrestrial radio remains by far the most popular option, at least in .
That’s according to the GfK Australian Share of Audio study, which found that traditional radio still accounts for 80 percent of in-car listening.
That’s, of course, way more than any other form of audio. Nothing else is even close.
No. 2 is owned music, such as CDs or digital downloads, which account for just 12 percent of listening time.
A very, very distant third: Internet radio service Pandora and other streaming options like Apple Music and Spotify.
The study found people spend an hour and 11 minutes per day listening to traditional radio in the car, compared to just three minutes for any of the streaming options.
What’s this mean?
Well, clearly that car radio remains a very relevant form of media, even in the digital age.
It’s likely convenience plays a big part in this. It’s easy to flip on the radio when you get in the car. Hooking up an iPod or using Bluetooth to access Pandora on your phone is a lot more time-consuming and, in mornings when you’re in a hurry to get to work, probably not worth the effort.|