7digital Share Discussion Threads

[pet lover] 12/1/2017 19:09

"Among our music predictions for 2017 are Spotify’s IPO and the subsequent start of a new generation of experiential streaming services, Tidal selling (probably to Apple) while Spotify closes out the year with around 55 million subscribers to Apple Music’s 30 million."

Few if any of these new streaming services want to pay 80% of the revenues they make over to the big 3 record labels. It's a non starter.

They want a licensing deal with the likes of 7 Dig, paying a tiny fraction for the music streaming service.

The new generation of music services will give 7Dig licensing and recurring revenues.

[loobrush] 12/1/2017 18:15

You are so clever Smithie, I wish I was a genius like you.

[smithie6] 12/1/2017 18:09

....as requested....!!

My CLTV shares have doubled !!

:-))))

;-)

[tiger60] 12/1/2017 18:09

Smithy when you happily memtion your other shares have risen 5% plus in a day do you also add that there was no rns to support the rise?

[folderboy] 12/1/2017 17:53

ashtree - for Smithie he IS being more cheery.

[ashtree2] 12/1/2017 16:34

Smithie...I know its winter and its cold and dark but please try and be a bit more cheery.gl

[1bonanza] 12/1/2017 16:31

https://mobile.twitter.com/7digital/status/819571444216635392

[smithie6] 12/1/2017 16:00

..sorry to be a cynic ...but are Investec the co. broker....or if a placing is to happen to avoid administration...then the finance boys need to get the share price up to then place shares at a lower price than the mkt to make ppl think they get a bargain by subscribing..
of course broker's dont give a damn....they get 5% of the money of value any shares placed !...if place say 3M squid of new shares....if at 5p, 6p 7 or 8p they dont care...their 5% of 3M stays the same !

----

Despite the price jump....there is no RNS...so there is no material info to reveal to the mkt.
---

All of the cos that then went bust were pushed by their own brokers....Globo, Quindell, CPP, and many more.
it is imo meaningless.

[folderboy] 12/1/2017 14:05

100K taken at over the offer. In the know? Mistake? Who knows - actually who cares - would just be nice to get something closer to even here.

[monte1] 12/1/2017 14:02

LOL

Investec posted a price target of 32p in April 16 and 37p in Jan 15 and Jul 14. They are clearly taking quite some time to come to their senses.

Summary rating - a POS.

[loobrush] 12/1/2017 13:51

7digital Group Plc (LON:7DIG) Rating Reconfirmed

The company have set target price of GBX 30.00 on 7digital Group Plc (LON:7DIG) shares. This is 370.22 % from the last stock close price. In a research report revealed to investors on Wednesday morning, Investec reaffirmed their Buy rating on shares of 7DIG.


Read more:

[tiger60] 12/1/2017 13:34

I think there may also be a change in the Investec target from 26 to 30p. Considering the original target was given only last week you have to wonder why the positive change over a few days....

[loobrush] 12/1/2017 13:23

Well could this be someone trying to build a position before update or good news in the offing lets hope its both. Price on level 2 now + 18% but on very low volume-lets see what happens the rest of the day.Share is at a low point so anything positive should see significant uplift.

[tiger60] 12/1/2017 13:14

A fairly big buy went through then a few people latched on the back of it.

[1bonanza] 12/1/2017 13:08

Ok, this looks better, leak of good new?

[pet lover] 12/1/2017 08:20

Just as Simon Cole put it a year ago.

[pet lover] 12/1/2017 07:49

7Digital we be massive winner in the streaming digital music industry. It will not be making its cash from £9.99 subscription services.
It will however pick up hundreds of licensing and streaming contracts within the B2B market.

These services only pay the music labels a tiny fraction for each stream. I don't have the numbers but it might be 1/000th. They don't have the same rights as a streaming service to offer a full unlimited all you can eat service.

The music labels need them to steer consumers to subscription

Mr Cole is correct in his growth projections.

Just one or two competitors in the world are in a position to license these new digital platforms and none that can offer the new world format HI Res MQA.

As Smithie6 points out most have gone bust along the way.

The subscription services are being bled by the record labels paying over up to 70/ 80% in fees.

7 Dig is in the sweet spot.

[smithie6] 11/1/2017 19:44

Petlover

...so...if Napster are offerring MQA to their clients...

With I assume no income to 7DIG
...& its established another competitor...

Surely its bad news for 7DIG ....but you post as if it's positive news..

[pet lover] 11/1/2017 17:31

A long list, Take your time Smithie6.


•Tidal has begun streaming MQA content for all Tidal HiFi tier subscribers. An initial 200 albums are listed at Tidal.com/us/masters, with thousands more available via artists' pages. "Masters" content, which is what Tidal calls MQA, is expected to "grow rapidly." Many of the titles are from the Warner Music Group catalog.
•Pandora and Rhapsody/Napster have announced hi-res streaming.
•15,000 hi-res albums are now available from major and indie labels.
•Technics will implement MQA into their Grand Class SU-G30 Network Player amplifier this spring.
•AudioQuest will implement MQA in their DragonFly Red and Black later this month via a free firmware download.
•Audirvana's Plus 3 music player for Mac OS will decode MQA when it's released this spring.
•Pioneer and Onkyo's digital audio players, and Onkyo's new hi-res smartphone, are equipped for MQA.
•The HiResAudio download store has expanded its MQA content with downloads from Warner.
•Mytek's new Mytek Clef headphone amplifier/DAC is MQA-enabled.
•NAD and Bluesound's Pulse Soundbar now supports MQA.
•Bel Canto, Brinkmann, MSB, and Aurender all have products that support MQA.
Read more at hxxp://www.stereophile.com/content/ces-2017-major-hi-res-breakthroughs#67ZUZIG9kbvfldtf.99

[pet lover] 11/1/2017 17:22

3 days ago.


Following this, Napster announced it will deliver high resolution streaming to subscribers this spring. I'm sure all the snarky readers are thinking to themselves that Napster delivered free high resolution downloads back in the late 1990s. That was before Napster switched to being a legit company and combined with Rhapsody.

[pet lover] 11/1/2017 16:06

This time last year Mr cole spelt out the numbers towards the end of the interview.

He thought the market they are in would be worth £200M and they were looking for 40% of that market.

£80M of revenues in 2-3 years time.

That's now 1-2 years time.

Now if you believe him, I do, the shares in 7 Digital are undervalued by a factor of 10 to 100 times today.

Hi Res Audio will take off rather like the mobile phone, YouTube and Apple.

Not because everyone wants it. It will be driven by the artists.

You don't sell your Mayfair house with Connels.

[pet lover] 11/1/2017 15:51

Smithie6 thanks for the usual rubbish.

MQA is being licensed around the world will be the new standard Hi Res format.

7Dig is the only B2B licensing and streaming partner listed on the MQA page.

7Dig don't own MQA they are partners.

"Following the announcement of their global strategic partnership as the leading platform provider of MQA, from January 11 2016."

3 weeks later 29/01/16

[smithie6] 11/1/2017 15:48

Sweenoid, Loobrush
If you prefer that I dont post negative info....just silence Petlover....I am mostly replying to idiotic ramps from him that have no logic ....

[smithie6] 11/1/2017 15:39

Petover

"Trying to value MQA

£10M
£100M
£1BN"

I dont think there is much discussion about who the idiot is !

;-)

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You seem to think that 7DIG owns the MQA format...
you are wrong. It is a separate entity.

(and if MQA is any good....then the record companies will imo want to have their own store of music files in MQA format....
and if MQA is irrelevant then they wont bother....but in that case its not going to do much for 7DIG revenues !

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THe way that business would normally work is that there is no real money to be made from converting stuff to a new format.....(the new format owner wants to promite its use not penalise it !)
...the money would normally be made by the MQA format owner by receiving a small fee every time a sale is made using the format that he owns the design of......that fee going to MQA and not to 7DIG....7DIG would take a cut for any sales that they process

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One concern I have raised before....the number of middle men.....and nature tries to bypass middle men since they cost money

the rights own (eg. SOny music
the artist that generated the miusic
the finance company that processes the money of any sale
the business to client/public unit (noting that 7DIG claims it is B2B not B2C)
anyone else ?!!

and then 7DIG

imo it is a worrying number of people all wanting a cut....which is why imo 7DIG and others have struggled to stay in business (and keep eating money) and some have gone bust (Guvera Auz, Omnifone, Snowite....)

[smithie6] 11/1/2017 15:35

The record companies will already own the master studio quality files....
..if they want to put in coded format X or Y or Z....personally I dont see it as a big deal....and I would assume that a script file could be written to automate the process...

to convert an MS Word file to PDF format is just a "save/export as" instruction....
or to save a jpg foto file as a tif file...same thing...
no big deal imo......although it probably best done with a powerful computer to minimise the processing time taken....since studio file is a big file imo, is it of order of phps 1GB for an album ? (more ?)


There are other high quality file types...such as Dolby HD and others.....so the topic of conversion of formats will be I am sure an old subject which has been solved before.