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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| 7digital Group Plc | 7DIG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.69 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.69 | 0.69 |
| Top Posts |
|---|
Posted at 07/12/2022 07:21 by parsons4 The guy owns 27% of the company. I think putting in £500k unsecured at a 5% coupon is testament to his faith in the company. And he knows much more than we do. The main negative here IMHO is that the market cap is still £10m. But I am much happier with 7DIG than I am with MOS!!!! |
Posted at 19/10/2022 14:26 by chesty1 DOWN IT COMES!Classic 7DIG cannot hold onto any gains EVER! which why the share price is on it's are & printing confetti for fun. |
Posted at 19/10/2022 11:57 by chesty1 Never shorted a share in my life matey & doubt you even can with 7dig |
Posted at 19/10/2022 11:48 by chesty1 Very well done Fire great trade, cannot see the ride continuing chart says it always falls back....Is this the turning point for 7dig I doubt it but well done to traders. |
Posted at 19/10/2022 11:26 by hope67 That is very good news for 7dig today. |
Posted at 19/10/2022 10:46 by chesty1 One question for those that are better than meHow much is this worth to 7DIG! RNS doesn't mention it? |
Posted at 19/10/2022 10:24 by david gruen 19 October 202219 October 2022 7digital Group plc ("7digital" or "the Company") 7digital wins new contract with Pinterest 7digital, Warner Music Group and Merlin will expand music experience on Pinterest platform 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce it has won a new contract from visual inspiration platform, Pinterest (NYSE: PINS). With over 400 million monthly active users, Pinterest is a visual discovery engine that people around the world use to find inspiration. 7digital's three-year contract with Pinterest is designed to support growth in content and territories as the platform expands into new markets as needed. The contract will enable Pinterest's music library to include licensed commercial tracks, delivered by 7digital's music-as-a-service platform, to sit alongside their royalty free music. In addition, Pinterest has announced new partnerships with major music labels Warner Music Group ( Nasdaq: WMG ), Warner Chappell Music, Merlin, and BMG, to bring today's top artists and music delivered through 7digital and onto their platform. Through these new licensing deals, users will now be able to add tracks from Ed Sheeran, Silk Sonic, Anitta and many more to their Idea Pins. Working with 7digital enables the Pinterest community to access our comprehensive music catalogue. Paul Langworthy, CEO of 7digital, said: "We're excited to integrate with Pinterest to provide their community with an innovative and powerful way to share music and creativity that will generate immersive new experiences for the Pinterest community. This contract reflects the strength of 7digital's end-to-end offering, our global catalogue, and our ability to meet and serve the growth in music consumption on platforms at scale. We look forward to supporting the launch of enhanced music features on the Pinterest app and working with them to power new momentum in the creator experience." Malik Ducard, Chief Content Officer of Pinterest, added: "Music plays a vital role in elevating storytelling and empowering storytellers, creators and Pinners who inspire the world every day on Pinterest. We are thrilled to partner with companies such as 7digital to facilitate the delivery of the latest music tracks to our platform and elevate the content and inspiration created on Pinterest." |
Posted at 25/7/2022 07:57 by david gruen We know it's coming......Can 10 bag (70M Cap) in a heartbeat. 7digital enters contract with global music fintech company Utopia Music 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce it has signed a long-term contract with Utopia Music AG, a B2B music fintech company. Utopia is a new customer for the Company and marks the growing demand for music data and intelligence services, where 7digital's music-as-a-service platform provides access to global audio and track metadata for various use cases such as identifying music or artist, monitoring broadcasts, and monitoring copyrighted material. Utopia Music exists to build technology and data accounting to improve the way the music industry pays royalties to the creators for the music copyrights consumption. Based on a database of more than 213 billion global data points, the Utopia platform leverages modern technologies to provide services to help the entire music value chain, including artists, labels, publishers, and performance rights organisations ("PROs") optimise their data and streamline administration. Using 7digital's global music database capabilities, in addition to Utopia's existing data capabilities, Utopia's customers will be able to monitor and measure the consumption of their music copyrights globally. In so doing, Utopia's customers can leverage data for faster, more accurate payouts of royalties to copyright holders. Paul Langworthy, Chief Executive Officer of 7digital, said: " It is always exciting to secure a new customer that reflects the competitive strength of our offer. Combining Utopia's next-gen tracking and payouts technology with 7digital's leading catalogue and metadata will enable music recognition for up to 100 million songs worldwide and support the whole industry to make more money faster, with fewer costs. We are also pleased to have secured another contract that enables growth and scales as our customer's business needs do. This contract, in addition to those signed so far this year, means the Company has already secured a 36% increase in platform licensing for 2022 vs 2021 . We very much look forward to working with Utopia to support the growth of this music industry-focused service." Paul Gathercole, Chief Data Officer, Utopia Music , said: "Utopia is on a mission to deliver 'Fair Pay for Every Play' to the music industry. We're going to achieve this by providing the systems and payments infrastructure to enable better tracking of music consumption and faster distribution of royalties to creators and rights holders, with less cost and errors. To make every play count we need to know what's played when and where, and who owns the rights to any given track - with 7digital capabilities, in addition to our existing data capabilities, this takes us one step closer to unlocking more value in music, for the benefit of all players." |
Posted at 06/8/2021 09:10 by 97peter The questions and replies from 7DIG, investor relations:On 5 Aug 2021, at 12:01, 7digital Investor Relations <7digitalIR@luthe ?Dear Peter, Thank you for your questions and your support as a 7digital shareholder. Please find the responses below to your questions. Let me know if there is anything else I can help with. Kind regards, Joe 1. What is 7Dig 1/3/5 year strategy as I cannot find it anywhere on your website or Annual statements. The Company has not published a 1/3/5 year breakdown, however 7digital’s strategy is to grow revenues, profitability and shareholder returns through: • offering flexible, productised, end-to-end music solutions; • increasing the number of clients it serves in strategic, well-funded market verticals, particularly the growth markets of home fitness, social media and artist monetisation; • improving the financial quality of our business by driving recurring SaaS and PaaS revenues; • expanding and leveraging its geographic coverage; • continued investment in market-leading technology to meet shifting technology trends, user consumption and client needs; • applying strict control of its cost base to ensure that revenue growth is quickly reflected in improved overall Group profitability; and • establishing and maintaining a partner channel programme for scaling sales into the identified target market verticals. 2. Will there be some real financial statements of revenue and profit in September 2021? Yes, the Company will be releasing its interim results for the six months ended 30 June 2021 in September 2021. 3. Why has 7Dig not been approached or takeover by the likes of Hipgnosis, Spotify or Triller? They could takeover for 3 times asset value? It is Company policy not to comment or speculate on such matters. 4. Is cash flow an issue and if so will there be another round of consolidation and revenue grab? Under the current management team, 7digital has focused on streamlining its operations to position it for sustainable growth and becoming cash flow positive. This has involved moving away from bespoke modular solutions to a highly productised, cloud-based technology offering. The Company has also brought down overheads, successfully reducing administration expenses by 43% last year. As a result of its focus on profitability, 7digital is on track to deliver a full year of positive EBITDA in 2021 for the first time in its history. The Company ended 2020 with a strong cash position of £2.8m. It also has two highly supportive major shareholders which have confirmed their financial support to allow 7digital to manage its working capital and to support growth needs. This was in response to my questions a week ago. Very positive and clarity! Peter |
Posted at 04/5/2021 06:50 by zico01 More good news :7digital signs five contracts with new and existing customers Wins in key markets of home fitness and background music service plus multiple customer renewals position the Company for further growth 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to provide an update on recent new customer contracts, together with existing customer renewals, including within the Company's key target market of home fitness and health. These new and renewal contracts underpin growth plans for the Company's Music Platform-as-a-Servic Two new clients The Company has extended its strategic position as a leading provider of music services to the home fitness industry by signing a 24-month contract with a new client in the home fitness sector serving the US market. The client will utilise 7digital's catalogue and API playlisting tool, enabling instructors or users to access a fully rights-cleared catalogue to download commercially compliant music that can be seamlessly synchronised with video programmes and made available on-demand - eliminating the need for separate, complex or manual back-end processes. 7digital has also signed a 36-month contract with Viihdeväylä Oy, a Finnish company that provides background music and playlisting curation through their Maestro Pro offering to restaurants domestically, as well as a variety of retail, leisure and entertainment organisations, including cruise liners. 7digital will provide Maestro Pro with catalogue access and label ingestion based on its publisher and label clearances as well as providing usage reporting. Contract renewals The Company has extended its relationship with a fast-growing B2B music streaming service. The renewal of its agreement for 12 months to provide content fulfilment services from 7digital's extensive music catalogue will enable the platform to provide on-demand streaming for brands and businesses as well as playlisting curation capability by genre, sound and business type using fully licensed music. In addition, 7digital has signed renewals with two other clients, Swiss retailer Ex Libris and media company Global Radio, owner of the largest commercial radio company in Europe. Each of these contracts are renewed for a minimum of 12 months. Paul Langworthy, Chief Executive Officer of 7digital, said: "These new and renewed contracts provide an extremely strong base for 7digital's growth plans this year and, with term lengths of up to 36 months, also support our revenue visibility going forward. We are excited to be expanding our customer base and delivering on our strategy, including adding to our list of home fitness clients - a segment that we expect will deliver substantial growth. At the same time, we pride ourselves on the quality of our service and platform offering, leading to extremely high client retention and growth in contract size and scope. As we continue to expand our near-term pipeline, these latest contracts will contribute to our expectation of a positive outturn in 2021 ." |
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