7digital Share Discussion Threads

[pet lover] 23/2/2017 16:20

Just gone blue at the end of the day.

[pet lover] 22/2/2017 14:56

80% of music in Japan is listened on a CD.

MQA Is going to change that as for the first time, they can stream better quality music than CD and far better than today's streamed music.

[pet lover] 22/2/2017 14:33

7dig and MQA.

Talk by 7dig

[pet lover] 21/2/2017 13:27

The buyers will win out over time.

My personal take on it is some of the buying at 7P was speculators who have decided a few weeks later to take 10% rather than hold long term.

[homebrewruss] 21/2/2017 13:26

New 2017 Car Models To Integrate DTS® HD Radio™ Technology

[tradermick1] 21/2/2017 13:22

Two way pull today but still well bid..7.67-7.9p

[pet lover] 21/2/2017 12:51

MM has just changed to 2v2 after the 25k buy

[pet lover] 21/2/2017 12:13

7digital Pens Deal With DTS, Makes Its First Move Into The Automotive Industry

20 February 2017 - Press release

7digital, the world’s leading music and radio content provider, has just announced its first significant venture into the automotive industry by signing a deal with audio solution provider DTS.

DTS is integrated into more than 2 billion devices worldwide and provides audio solutions to car manufacturers including Vauxhall and Toyota including HD radio and HD Master Audio.

7digital has one of the largest library of hi-res audio files in the world and this exclusive deal will see its hi-res catalogue supplied to vehicle manufacturers via DTS’ technology. This will enable manufacturers to experience the difference that high definition audio can make to a car build, and demonstrates the value that a high end sound system delivers to the driver experience every day.

7digital is the global leader in end-to-end digital music solutions and currently powers more than 60 music services around the world, with over 50 million tracks in its catalogue.

[pet lover] 21/2/2017 12:09

OMG.

Have investors any idea how much this is going to be worth in the next few years.

A massive selling point will be devices in the car that talk, stream music and have live radio and it's all going to be totally hands free.

[hausofmaus] 21/2/2017 12:03

I believe this press release provides a bit more information than the RNS did...



"7digital, the world’s leading music and radio content provider, has just announced its first significant venture into the automotive industry by signing a deal with audio solution provider DTS.

DTS is integrated into more than 2 billion devices worldwide and provides audio solutions to car manufacturers including Vauxhall and Toyota including HD radio and HD Master Audio.

7digital has one of the largest library of hi-res audio files in the world and this exclusive deal will see its hi-res catalogue supplied to vehicle manufacturers via DTS’ technology. This will enable manufacturers to experience the difference that high definition audio can make to a car build, and demonstrates the value that a high end sound system delivers to the driver experience every day.

7digital is the global leader in end-to-end digital music solutions and currently powers more than 60 music services around the world, with over 50 million tracks in its catalogue."

[pet lover] 21/2/2017 11:06

More

HD Radio Parent DTS Sold In $850M Deal
By ajacobson on Sep, 20 2016 with Comments 0
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In October 2015, pioneering audio technology company DTS took a bold step into the radio industry by acquiring HD radio’s exclusive licensor and developer in the U.S., iBiquity Digital Corp. for $172 million.
As of today, HD Radio’s future will be tied to a developer of imaging and semiconductor packaging and bonding technologies.
In a deal announced today, Tessera Technologies has agreed to acquire DTS. The deal calls for Tessera to pay $42.50 per share for DTS stock, representing a 28% premium to DTS’s 30-day volume weighted average price as of Monday, Sept. 19.
The all-cash transaction is valued at approximately $850 million.
According to the companies, the merger allows for the combination of “market leading audio and imaging innovators with complementary products, technologies, customer channels and intellectual property assets to enable the creation of an expanded, integrated platform to invent the future of smart sight and sound.”
Upon completion of the acquisition, the combined company will be one of the world’s leading product and technology licensing companies, with more than 450 engineers focused on developing next-generation imaging, audio and semiconductor packaging technologies.
According to an 8-K filing with the Securities and Exchange Commission, the deal will see DTS become the surviving corporation, and become a subsidiary of a set-to-be-renamed “Holdco.” This new entity intends to have its common stock listed on Nasdaq, replacing DTS and Tessera common stock as seen today.
The combined company is forecast to achieve pro forma 2016 revenue of approximately $450 million, nearly half of which will come from product licensing.
In a joint statement, the companies said the transaction will be immediately accretive to Tessera’s earnings per share and free cash flow. The combined company is expected to realize $15 million in annualized cost synergies within the first 12-18 months, following the closing of the transaction, and anticipates revenue synergies from the expansion of addressable markets and leveraging of complementary customer channels and technologies.
Tessera intends to fund the acquisition with a combination of available cash on hand and approximately $600 million of committed debt financing from RBC Capital Markets.
“Our acquisition of DTS’s talented team and industry-leading products will represent a transformational step in the execution of Tessera’s strategic vision, with exciting new product development and marketing opportunities,” said Tessera CEO Tom Lacey. “We expect this acquisition to be immediately accretitive to Tessera’s earnings and accelerate growth.”
Lacey added that the companies’ complementary technology portfolios “are ideally suited to deliver the next generation of audio and imaging solutions to mobile, consumer electronics, and automotive markets.”
Jon Kirchner, DTS’s Chairman/CEO, added, “We believe that as part of Tessera we will be in a unique position to deliver the world’s leading audio and imaging solutions to all of our key markets and drive meaningful value for our combined customers, partners and employees.”
Filed Under Broadcast News Radio News the HOT List

Read more at

[pet lover] 21/2/2017 11:02

They have clearly spotted the opportunity here as that's all they do.

[pet lover] 21/2/2017 11:01

450 engineers working to get MQA and WRP into the next generation of car entertainment.

[pet lover] 21/2/2017 10:59

Dec 2016

Tessera Technologies, a company mainly involved in licensing technology to the semiconductor industry, is set to buy DTS for about $850 million in a cash deal.
The new, combined company will be given a new corporate name once the the deal is done and will be led by Tessera Chief Exec Tom Lacey, with DTS CEO Jon Kirchner expected to join as president. The deal is expected to be finalised by the end of Q4 2016 or early in Q1 2017.

Tessera is paying $42.50 per share for DTS, whose own licensing deals for audio technology are integrated in over 2 billion devices

"Our complementary technology portfolios are ideally suited to deliver the next generation of audio and imaging solutions to mobile, consumer electronics and automotive markets," says Tessera's CEO.

The combined company has been projected to reach 2016 revenue of about $450 million, nearly half of which will come from the various product licensing deals.

“The transaction will combine market leading audio and imaging innovators with complementary products, technologies, customer channels and intellectual property assets to enable the creation of an expanded, integrated platform to invent the future of smart sight and sound," the companies said. "Upon completion of the acquisition, the combined company will be one of the world’s leading product and technology licensing companies, with over 450 engineers focused on developing next-generation imaging, audio and semiconductor packaging technologies."

The deal is somewhat comparable to the one earlier in 2016 which saw Bowers & Wilkins sold to an unknown US start-up although Tessera are clearly a more established company.

To comment on what you've read here, click the Discussion tab and post a reply.

[s34icknote] 21/2/2017 09:46

Think there's still some selling holding us backI topped up on yesterday's news

[pet lover] 21/2/2017 09:18

Talking about a bid, at today's price 7dig is a sitting Duck.

Are we on the shopping list of our American Partners...

They have already bought ALL IN MEDIA to get hold of the RADIOPLAYER APPS.

[tradermick1] 21/2/2017 08:37

Very well bid again 7.68p, 37,500 max buy 7.99p online

[pet lover] 21/2/2017 07:13

A year ago Mr Cole said after 9 minutes he expects 7dig to have a 30% - 40% market share of £200M in 2 - 3 years time.

At that time contracts had been signed with both MQA and WORLDWIDE RADIOPLAYER.

Today after recent news items flooding in we can understand why he was so confident at the time.

This time next year I expect very large revenues to materialise from the build up of projects from MQA and WRP.

[pet lover] 20/2/2017 19:37

With so much going on with MQA and Radioplayer it's easy to forget the massive streaming growth being achieved on a monthly basis.

This from the 19/09/16 half years results.

During the first half we delivered 206m music streams to over 12.6m people, which by year to date had increased to 600m streams delivered to more than 15m people. This compares to 72.6m streams delivered to approximately 3m people for the whole of 2015, illustrating the rapid growth in reach and usage of our platforms

40M streams per week and growing very fast.

1Bn streams in 2016 may have been achieved.

[pet lover] 20/2/2017 17:55

The writer is also incorrect about a few points.

Amazon Alexa will not give it tough competition, watch the clip and see that it's used on the chaps phone.

If your driving you just ask Radioplayer for music and Alexa for your phone.

£250.00 is very little for young lads who want to be cool having this in their car.

However it's the big picture that will lift 7dig shares.

MQA - DTS - Worldwide Radioplayer - 7Dig. This group will,I estimate, make millions and millions for each of the parties.

For 7Dig it's absolutely fabulous first today's news and income, then streaming services from the embedded devices in cars in a year or two.

[pet lover] 20/2/2017 17:40

Great find .

Alexa can't choose between radio signals though, which gives Radioplayer Car the edge - but really, can a radio be cutting edge if it can't even read your emotions?
Read more at


This is a massive selling point in new cars going forward.

MQA streaming music into your car that is embedded into the radio the day you buy the car.

The clever part is the switching between radio and streaming music.

That's just what we all do on a long journey, off goes the radio,in goes the CD or Bluetooth to link up with your phone streaming service.


Now it will all be done by voice and be much safer, No CD required, NO wires from the phone and no hassle.

[homebrewruss] 20/2/2017 17:00

Radioplayer Car brings voice control, streaming and intelligent signal switching

[tradermick1] 20/2/2017 15:51

Might be a buy order in the system or maybe a large buy to show later.

Price to sell has been creeping up all afternoon despite selling and I can get a quote to sell all mine at 7.65p