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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
7digital Group Plc | LSE:7DIG | London | Ordinary Share | GB00BMH46555 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.69 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
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16/5/2017 13:39 | Yep the huge news is really helping 7dig sp, maybe we need to invest in the company behind Mqa The news about the acquisition willl come through on the 23rd but there seems to be a large seller in the background. 7dig have intimated new contracts yet confirmed nothing. We need something here if they want our trust. It is the lost opportunity cost that is hurting holders, and if we can't push off the discounted placement price we are in trouble Again markets at record highs whilst we languish. When the macro correction comes we are not in a good place | tiger60 | |
15/5/2017 21:11 | Brilliant job! | tadastadska | |
15/5/2017 21:10 | Thanks for your posts Pet lover,it is always very interesting to read? | tadastadska | |
15/5/2017 20:41 | The UK audio tech company has previously signed deals with Universal Music and Warner Music. In recent years it's likely that more people have written about hi-res audio streaming than have actually listened to it, but that hasn't dented its appeal to music companies eager to tap into the high-spending audiophile market. Independent label organization Merlin is the latest to strike a multi-year deal with U.K.-based audio tech company MQA (Master Quality Authenticated), which is certified by the RIAA and already has deals in place with Universal Music and Warner, as well as a steadily-growing number of music services, including Tidal, 7digital and hi-res download store Onkyo Music. MQA's hardware partners number Pioneer, Technics, Onkyo, Bluesound and Meridian, among others. "Today's future-facing agreement makes perfect sense -- offering our independent label members a fast track entry point to an exciting segment of the streaming market, and ensuring they remain at its forefront," commented Merlin CEO Charles Caldas in a statement. Universal Music Group logo. READ MORE Universal Music and MQA Announce Hi-Res Streaming Collaboration According to Merlin, usage of its members' repertoire is 27 percent higher on paid tears than it is on free ad-funded services and, by partnering with MQA, it hopes to grow its reach among high-spending early adopters. Founded by Bob Stewart and commercially launched in 2015, MQA uses a process it terms ‘music origami' to make large 24 bit music files compatible on any service or playback device without loss of quality. On a normal player, an MQA music file will play at better than CD quality, says the British company. When played through an MQA decoder, the full, rich studio sound is unfolded -- exceeding that of most recordings made with the highest sample rates commonly in use today. "MQA's commitment is to provide exceptional sound quality from the studio recording all the way through to the consumer," commented MQA CEO Mike Jbara, who worked for twenty years at WMG before joining MQA last year | pet lover | |
15/5/2017 19:46 | The header post is now worth a re read. | pet lover | |
15/5/2017 19:41 | WHAT WE DO Established in 2007, Merlin is the global digital rights agency for the world’s independent label sector. Our remit is to to ensure that independents have a vehicle to protect and enhance their ability to compete in the ever changing world of digital music. Acting collectively on behalf of more than 700 members - representing 20,000+ labels and distributors across 47 countries - Merlin allows independent labels effective access to new and emerging digital revenue streams. For digital services, Merlin offers significant efficiencies: allowing the opportunity to globally license - via a single deal, instead of hundreds of individual local deals –the world’s most important and commercially successful independent music labels. To date, Merlin has licensed all leading new generation digital music services - helping to ensure that independent music is appropriately valued and protected in the digital market. Merlin is owned and controlled by a not-for-profit foundation, supervised by a member-elected board representing the wider independent label community. Reflecting Merlin’s global scope and ambitions, this board consists of 15 members - five each from North America, Europe and Rest of the World. Merlin is 100% transparent regarding deal terms. Once operating costs are covered, all benefits accrued from our commercial agreements are shared equitably amongst our members. Every Merlin member is provided with full details of each licence we sign - informing and empowering their business decisions in the digital marketplace. Merlin has offices in London and New York, with a head office in Amsterdam. | pet lover | |
15/5/2017 19:38 | So MQA now has the Big Three record labels and the remaining 27% of the market (independents) signed up. MASSIVE since 7dig is MQA'S B2B streaming music partner. | pet lover | |
15/5/2017 19:34 | World’s leading independent labels strike multi-year agreement to encode masters in MQA MQA and Merlin, the global digital rights agency for the independent label sector, have today announced a multi-year agreement that will support the world’s best-known independent labels to encode their master recordings in MQA’s industry-leading technology. | pet lover | |
15/5/2017 12:56 | Well you need to look at 1/ MQA web site. 2/ comments from both companies saying 4-5 MQA streaming services will go live in 2017. | pet lover | |
15/5/2017 12:55 | 500,000 sell this morning, someone did not get the 'huge' news...... | tiger60 | |
15/5/2017 11:44 | Hmm ok but the market works of rumour.... But we have to be clear there is no connection between the company that is behind MQA and 7dig. Yes we have a licensing agreement but the strength and length of the contract is unknown. We have no proprietary ownnership of MQA quite the opposite | tiger60 | |
15/5/2017 11:24 | That's because it is yet to be official announced,the market has not cottoned on. | pet lover | |
15/5/2017 11:12 | So what does that mean to 7dig sp? Nothing according to the market, huge news or not! | tiger60 | |
14/5/2017 20:57 | The competition is dead in the water MPEG 4 Audio SLS | pet lover | |
14/5/2017 20:55 | MQA HI RES | pet lover | |
14/5/2017 20:43 | "By the spring of 2017 the vast majority of the worlds recorded music will be in the MQA format." QUOTE FROM 2016 | pet lover | |
14/5/2017 20:40 | From an interview in stereo.de this week..."Can you give us an update on when Universal Music will come up with MQA titles? And what about Sony Music?There is a lot of work going on behind the scenes. However we can't make pre-announcements on behalf of Universal, Sony, Merlin or other label groups. Watch this space ..!" | hausofmaus | |
14/5/2017 20:07 | Sony music will this week announce they have signed up to offer MQA Hi Res Music. Universal and Warner signed up last year. The big three record studios are now in the bag. MQA will be "THE MUSIC PLATFORM" for all streaming services. 7dig a tiny £10M company is MQA"S B2B partner. Milton fund have taken a large slice of 7Dig. | pet lover | |
14/5/2017 20:07 | We are the primary licensing partner with MQA. Do we have exclusivity? Can MQA partner with any other b2b platform provider? How long is the licencing agreement with MQA for? Do we know the break clauses? We seem tightly tied to Mqa (although 7dig have diverse interests and partnerships) if it is adopted as an industry standard the assumption here is we are pulled along with it but mqa and 7dig are separate and unassociated companies. It seems that the risk MQA partners with other providers is unknown it depends on the strength and length of those licensing agreements does it not? | tiger60 | |
14/5/2017 19:39 | Huge news on my 7Dig MQA thread. | pet lover | |
14/5/2017 19:25 | MQA being adopted by the industry. | pet lover | |
14/5/2017 18:42 | What is the economic connection between CI and 7digital? (I know the answer!) | tiger60 |
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