7digital Share Discussion Threads

[tradermick1] 20/2/2017 07:55

Great to wake up to a contract.

Laughing that it's up 1.69% on the news.

[pet lover] 20/2/2017 07:43

MQA going to end up in all new built cars in no time.

[pet lover] 20/2/2017 07:41

On the one hand 7dig has MQA as a partner. Hi Res Music

On the other hand they have worldwide Radioplayer.

Put the two together and you have the makings of a super long term massive growth story.

[pet lover] 20/2/2017 07:41

On the one hand 7dig has MQA as a partner. Hi Res Music

On the other hand they have worldwide Radioplayer.

Put the two together and you have the makings of a super long term massive growth story.

[pet lover] 20/2/2017 07:40

On the one hand 7dig has MQA as a partner. Hi Res Music

On the other hand they have worldwide Radioplayer.

Put the two together and you have the makings of a super long term massive growth story.

[pet lover] 20/2/2017 07:36

TIDM7DIG

7digital Group PLC

20 February 2017

20 February 2017

7digital Group plc

("7digital" or "the Company")

DTS automotive audio contract

7digital (AIM:7DIG), the global leader in end-to-end digital music solutions, announces that it has signed a deal with DTS, a pioneer in audio solutions for automotive, mobile devices, home theatre systems and cinema.

The Company has been contracted to partner with DTS, a wholly owned subsidiary of Tessera Holding Corporation, on the development of new high-resolution audio solution prototypes for the automotive market. DTS currently provides dashboard-mounted audio for several leading brands and its portfolio of technology is currently integrated in more than two billion devices globally.

This deal is a significant move for 7digital into the in-car vertical, and connects the Company with third party automotive manufacturers for whom the prototypes are being developed.

The deal will contribute to 7digital's revenues for 2017.

ENDS

Enquiries:



020 7099
7digital Group 7777
Simon Cole, Chief Executive
Matt Honey, Chief Financial Officer
Holly Ashmore, PR Manager


finnCap (nominated adviser and 020 7220
broker) 0500
Geoff Nash / Carl Holmes - Corporate
Finance
Malar Velaigam / Mia Gardner
- Corporate Broking


Weber Shandwick (financial PR
agency)
Nick Oborne - [e-mail]
Tom Jenkins - TJenkins@ webershandwick.com
020 7067
About 7digital ( 0000
7digital is the global leader in end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Fnac, Musical.ly, Global Radio and E.Leclerc. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Electric Jukebox and Panasonic, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

About DTS (

Since 1993, DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation (Nasdaq: TSRA), has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www

[pet lover] 20/2/2017 07:24

This is going to be absolutely massive.

[bigbigdave] 20/2/2017 07:05

7digital Group plc

("7digital" or "the Company")

DTS automotive audio contract

7digital (AIM:7DIG), the global leader in end-to-end digital music solutions, announces that it has signed a deal with DTS, a pioneer in audio solutions for automotive, mobile devices, home theatre systems and cinema.

The Company has been contracted to partner with DTS, a wholly owned subsidiary of Tessera Holding Corporation, on the development of new high-resolution audio solution prototypes for the automotive market. DTS currently provides dashboard-mounted audio for several leading brands and its portfolio of technology is currently integrated in more than two billion devices globally.

This deal is a significant move for 7digital into the in-car vertical, and connects the Company with third party automotive manufacturers for whom the prototypes are being developed.

The deal will contribute to 7digital's revenues for 2017.

[melody9999] 19/2/2017 22:22

Tiger / PL - first look at 7DIG for me. Key is the cash burn - I note that at 30/6/16 cash of £1.1M, at 2016 year end cash is £730K. So I guess they will be coming to the market for funds in the next year.

Can you confirm what is the business relationship between 7DIG and Meridien MQA?

[pet lover] 19/2/2017 21:18

Just think in a few days weeks or months we will wake up to an RNS confirming what is in the public domain today.

See my posts on this thread today.

[tradermick1] 19/2/2017 21:12

keep the posts coming pet lover, guessing tiger does not hold far too negative
for me so filtered.

[pet lover] 19/2/2017 18:18

Full page in today's Sunday Telegraph on streaming music.

The main highlights are.

1/ 80% of music streaming is back catalog.

2/ The big 3 are surrounded by old era vastly expensive infrastructure for marketing music.


7dig on the other hand has been investing in streaming music and MQA Hi Res streaming for the last 3 years and is one of just two or three companies in the world that can exploit it.

The music labels need B2B partners, they are simply not set up for the streaming themselves.

[pet lover] 19/2/2017 13:29

18 months old:

Look at the bottom how the record labels can slash costs.


Imagine a digital-audio encoding and decoding system that delivers far better sound quality than that of any previous analog or digital technology, including 192kHz/24-bit and quad-rate DSD. Now imagine that this system’s bit rate is between 0.8 and 1.5Mbps, down to one-tenth that of conventional “hi-res,”; allowing it to be streamed or downloaded in standard FLAC or Apple Lossless file formats. Finally, consider the possibility that this system would be based on a single file format that is backward compatible with existing delivery systems and playback devices, from smartphone streaming to downloads that feed the highest of high-end home DACs.

Sound like an impossible dream? Read on, and I’ll show you how Meridian’s Master Quality Authenticated (MQA) pulls off this remarkable feat.

MQA in Practice
Before getting into the technical aspects of MQA, let’s review the basics. Master Quality Authenticated is an innovative and sophisticated new method of encoding digital audio that simultaneously improves fidelity and lowers the bit rate. It’s a suite of technologies that addresses the limitations of conventional digital audio by rethinking the entire chain, from acoustic source to playback device. It was developed by Meridian Audio co-founder Bob Stuart and longtime collaborator Peter Craven of Algol Applications.

In practice, MQA is delivered to listeners as a conventional lossless file, such as FLAC or Apple Lossless at 44kHz or 48kHz at 24 bits. If you play the file though a DAC without an MQA decoder, you’ll hear better-than-CD sound quality. If you play the file through a DAC with MQA decoding, you’ll hear the sound in the studio’s original bit rate, which could be anything from 44.1kHz to 384kHz (or higher), provided that your DAC can handle the studio’s sample frequency. This single-file hierarchical aspect of MQA has important implications for the technology’s adoption by record companies and content distributors.

The decoder can be implemented in many ways—partly integrated into a DAC chip, or as a bit of software in a phone, for examples. Every decoder will indicate to the listener when an MQA file is playing. Here’s where the “Authenticated” part of Master Quality Authenticated comes in; the MQA light or icon assures that what the listener is hearing on playback is exactly what the engineers heard in the studio. How does this happen? MQA ties the studio’s analog-to-digital converter and the listener’s digital-to-analog converter into what is effectively a single system. In addition, MQA’s rich metadata carries information about the particular analog-to-digital converter and encapsulation used to make the recording or transfer so that the decoder can play it back correctly. And if the decoder knows what DAC it’s driving, it can also optimize its sound. This is why MQA can claim to authenticate the studio experience for the listener.

As of this writing, more than fifty companies—from major players to niche high-end firms—plan to support MQA with compatible playback devices. Meridian has already launched its first MQA-capable DAC, the $299 Explorer2. The lossless streaming service Tidal is behind MQA in a big way; it will begin streaming MQA files in Q2 of this year. MQA allows Tidal to give its customers real high-resolution streams in a format that fits Tidal’s existing distribution infrastructure. In an e-mail exchange, Pål Bråtelund, Strategic Partnership Manager at Tidal, said: “At first, I thought the last thing the industry needed was another codec. But then Bob [Stuart] played some recordings I knew extremely well, and I instantly understood that MQA may be what makes people talk about great recordings and great music rather than about ‘hi-res.’;”

For Tidal, and also for the world’s record companies, MQA solves the big problem of multiple inventories for different playback applications. A single MQA file works for every listener on every device. This backward compatibility and single inventory are powerful incentives for record companies and content distributors to adopt MQA—quite apart from the improved sound.

So now let’s address that confounding issue of just why MQA sounds better than any other format extant, and how it can do so at such low bit rates.

[pet lover] 19/2/2017 07:38

7dig are MQA"S partner B2B

That relationship is valued today at ZERO yet we already have been told by 3 different sources that 7Dig will benefit massively from MQA this year.

All can be found in the top post but to re - cap

A / At CES 2017 in January 2017 MQA have said they expect 4 or 5 MQA streaming services to be up and running in 2017.

B / In an printed interview at around the same time 7dig said THEY ARE working on a number of Hi Res streaming projects.

C / UMG last week said 5 - 6 MQA streaming services will be starting in 2017.


7Dig started on the first Hi Res MQA streaming service last year as reported in the half year 2016 accounts.

[pet lover] 19/2/2017 07:13

Quarterly recorded music streaming revenues brought in $413 million. Physical sales were down 13.4%, but still brought in $833.6 million. However, in the first nine months of 2015, physical sales brought in $971 million. Streaming compromises 36.4% of recorded music operations whereas physical accounts for 26.6%, downloads 19.4%, and licensing and other revenues 17.6%. Last year, physical sales brought in 31.6%, streaming 25.5%, downloads a strong 24.4%, and licensing and other revenues U 18.4%. You can check out MBW’s helpful chart below for the 3Q 2016.



If one looks at the growth of streaming it's gone from 25% to 36% of revenues in just one year. In the next 3 years that will grow towards 80% as digital music grows and (MQA ) for the first time offers better quality of listening than was ever available in the past.

Physical sales will fall off a cliff as will downloads to be replaced by standard and MQA streaming.

[pet lover] 18/2/2017 12:27

Simon Cole of 7Dig after 10 seconds at MQA'S launch event.

[pet lover] 18/2/2017 10:00

17/02/17

MQA and Universal Music Group (UMG), the world-leader in music-based entertainment, announced that the companies have entered into a multi-year agreement that will encode UMG’s extensive catalogue of master recordings in MQA’s industry-leading technology, promising to make some of the world’s most celebrated recordings available for the first time in Hi-Res Audio streaming.

The announcement comes shortly after the launch of the cross-industry marketing campaign “Stream the Studio”, launched at the 2017 Consumer Electronics Show in Las Vegas and spearheaded by The DEG: the Digital Entertainment Group, to raise awareness of the advantages of Hi-Res Audio streaming.

Mike Jbara, CEO of MQA, commented, “We’re very pleased to be working with Universal Music to achieve our goal of moving studio-quality sound into the mainstream. Universal’s timeless catalogue and impressive artist roster will fuel music streaming services worldwide and enable the premium listening experience for all music fans.”

Michael Nash, Executive Vice President of Digital Strategy at UMG, said, “The promise of Hi-Res Audio streaming is becoming a reality, with one service already in the market and several more committed to launching this year. With MQA, we are working with a partner whose technology is among the best solutions for streaming Hi-Res Audio, and one that doesn't ask music fans to compromise on sound quality for convenience. We’re looking forward to working with Mike and his team at MQA to make our industry-leading roster of artists and recordings available to music fans in the highest quality possible.”

[pet lover] 17/2/2017 20:15

Beng Ti Tan Congrats MQA; this is lightning speed to get hold of the biggest library of music on this planet. It's early days but when it works MQA encoding transforms the listening experience. Music is felt rather than only heard. However, as listeners we really implore that each mastering is genuine and done to studio analog standards; there seem to be some albums that for some reason are limited to 44.1 and/or have limited improvement in listening quality. Bon courage and thank you for #takingmethere.
8 · Yesterday at 01:04

[pet lover] 17/2/2017 18:51

Tiger60

Hate to say it but we are so very different.

I can't for the life of me understand this 3% max of a portfolio more like 33% in my case.

Two big things we all choose in life a wife and a house.

Now you don't accept second best for either of them, unless you cheat.

If you max is 3% :I accept it's a well known standard,: its like saying I have not got any more confidence in this stock than I have in my other 33.

To my way of thinking you find a tiny number of shares the very best of the bunch and GO FOR IT.

As for bonds again I am at a total loss.

As we all know the chances of the worlds bonds ever being repaid is ZERO.

They are the riskiest investment I can imagine when the time comes which it will, country after country will default.

That debt has grown 300% in the last few years V average wages of 15%

[tiger60] 17/2/2017 18:33

Just to add if you truly have millions, lets say 2m at 6p you have 120,000 invested. Now collective wisdom states that no individual stock holding should make up more than 3% of your portfolio, especially a high risk company like 7dig.

As i expect you are very wise then you must have a total portfolio of cash/bonds/stocks etc of approx 4 million I am surprised you are posting on here every day unless of course you have taken an almighty gamble and feel the need to ramp the stock on an hourly basis!

Saying all that each to their own but be careful. And thanks for keeping it civil - different views and my posts are just banter but please be careful to take some profits as you go or i will not sleep well on your behalf! Until Monday and have a good weekend.

[pet lover] 17/2/2017 18:31

Tiger60

Thanks for that post.

Delivery has been a massive issue for 7Dig the reason the market cap is not £40M today.

Looking at a few points a tad deeper.

£1M of cost savings have been made.

New contracts have been won and the new year started well.

Looking back at previous years does not inspire confidence, agreed, but if you looked at my old school records nor did they.

My basis for investment here is recurring revenues high margins and growth.

Recurring revenues are growing last accounts

Margins are going up last accounts

Turnover is also growing and forecast to grow.

So long as those trends stay intact the required results will be achieved.

No tax to pay for years and years I think over £20M

I just think if your going to invest in a stock you can only do so much we both know it's a risky task and can go wrong for a variety of reasons.

7dig has been around for ten years and not gone bust, in far more unfriendly conditions than we have today.

Your points are fair and robust and at the end of the day you or I could have called it correctly.

I personally don't think the shares will be at this level in 3 months time as more MQA announcements arrive including Sony the last of the big 3 to officially show their hand.

[tiger60] 17/2/2017 18:04

Trading profit is just another name for operating profit, and operating profit and net profit are very different Operating profit only covers the gross profit minus direct operating expenses, net profit all gains and losses and tax payments by the company.

Surplus operating profit by no means equates to positive net profit.

'They say they intend to be profitable this year 2017' Rather similar to all firms trading at an annual loss. The proof is in the delivery which many small companies fail to get to!

'7dig revenue model' is just that - an unproven model. The operating model is a facilitator to the business model. What is not clear is that their operating model is sustainable and solid enough to withstand a number of potential 'disruptive' events (risks)

It is your perogative to interpret the information in the public domain as you see fit and wear your rose tinted specs but this firm has a long way to go and looking back they don't inspire confidence.

That said the trading pattern this year has been interesting and caught my attention. I see trading opportunities here = presently on the buy side but my main worry is an overdue macro correction which will demand some to seek liquidity. Not an issue for you as a LT holder but I think you need to step back and make sure you portfolio is allocated correctly and not skewered towards a minnow..but good luck - who knows it could be the one that beats the pack but it usually isn't.