7digital Group PLC 7digital to power jazzed

TIDM7DIG

7digital Group PLC

12 February 2020

RNS Reach

12 February 2020

7digital Group plc

("7digital" or "the Company")

7digital to power jazzed - the world's first dedicated audio-visual streaming service for jazz

Contract underscores 7digital's strategy to power the next generation of streaming services

7digital Group plc (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce that its music platform-as-a-service will power jazzed, the world's first dedicated audio-visual streaming service for jazz and jazz-influenced music.

jazzed is a multi-tier jazz streaming subscription service which has been developed by ETA Productions Ltd, a specialist in creating new digital media platforms for entertainment markets. Launched today, it offers a highly curated music, video and editorial experience for the jazz fan, featuring over five million tracks and unique individual channels.

Under the terms of the initial 12 month contract, which includes set-up, monthly and usage-based content fees, jazzed will use 7digital's API and platform access, playlist tools, reporting services and catalogue management. This will allow jazzed users to stream music from 7digital's extensive catalogue of jazz tracks.

jazzed offers an ad-funded freemium version featuring 10 hand-curated audio channels and a selection of video content, and a GBP5.99 monthly subscription-based tier with over 40 channels and exclusive video content. A premium subscription tier featuring on-demand access to over five million music tracks in HD lossless audio is planned for later this year. The service will be available both on mobile and desktop.

Paul Langworthy, Chief Executive Officer of 7digital, said: "The way people engage with music is changing rapidly. In order to capture the significant future growth in the streaming market, the all-you-can-eat subscription model will be supplemented by more targeted, premium services. jazzed is a perfect example of how 7digital makes it possible for these services to create new compelling music experiences for underserved audiences. It is testament to the versatility of our technology and breadth of our music catalogue, which is enabling 7digital to power the next generation of streaming services. We are incredibly excited to be working with the jazzed team on their fantastic new music product."

Frank Taubert, Chief Operating Officer and Co-founder of jazzed, commented: "jazzed is going to change perceptions around jazz, as the first audio-visual streaming subscription service focusing on the genre. jazzed is marrying the innovativeness of the genre with an innovative digital experience. Being able to rely on 7digital to manage the back-end technical infrastructure and having access to their extensive music catalogue allows us to focus on making the service itself something exciting for jazz fans old and new."

Enquiries

7digital 020 7099 7777

Paul Langworthy, CEO

Arden Partners (Nominated Adviser and Broker) 020 7614 5900

Richard Johnson, Benjamin Cryer

Luther Pendragon (Financial PR) 020 7618 9100

Harry Chathli, Joe Quinlan, Elliot Fradd

About 7digital (www.7digital.com/)

7digital is the global leader in B2B 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. From years of being the largest independent producer of programming for the BBC and powering services for partners like Global Radio and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

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February 12, 2020 02:00 ET (07:00 GMT)