7digital Share Price (7DIG)

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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 Shares Traded Last Trade
  0.00 0.0% 1.225 4,274,395 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.20 1.25 1.225 1.225 1.225
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 9.30 -5.81 -0.47 33
Last Trade Time Trade Type Trade Size Trade Price Currency
16:00:14 O 7,603 1.237 GBX
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7digital (7DIG) Latest News

7digital News

Date Time Source Headline
03/6/202119:20ALNCBUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall
03/6/202107:00UKREG7digital Group PLC eMusic Live to offer NFTs
28/5/202107:00UKREG7digital Group PLC Grant of Options and Change of Auditor
21/5/202117:51ALNCTRADING UPDATES: Arkle spots gold; SDCL seals USD177 million buy
21/5/202107:00UKREG7digital Group PLC Update on Universal Music Group and Triller
04/5/202119:13ALNCTRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal
04/5/202107:00UKREG7digital Group PLC Five contracts with new and existing customers
01/4/202120:28ALNCIN BRIEF: 7digital and eMusic Live to show Alfie Boe & Friends
01/4/202107:00UKREG7digital Group PLC eMusic Live to livestream Alfie Boe and Friends
15/3/202114:01UKREG7digital Group PLC Price Monitoring Extension
More 7digital News
7digital Investors    7digital Takeover Rumours

7digital (7DIG) Discussions and Chat

7digital Forums and Chat

Date Time Title Posts
18/6/202119:447 Digital - MODERATED459
29/4/202113:03Music in the digital age121
16/12/202023:11BRITISH MUSIC & NEWS PLATFORM GOING CHEAP ?5,692
04/2/202008:05-----------TONY BLACKBURN------------473
27/1/202017:03THE 7DIGITAL MQA THREAD 💿 LET THE MUSIC BEGIN 💿405

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7digital (7DIG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-06-22 15:00:151.247,60394.05O
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2021-06-22 14:49:391.2427,539340.66O
2021-06-22 13:51:591.2421,256263.31O
2021-06-22 13:27:511.213,47942.10O
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7digital (7DIG) Top Chat Posts

DateSubject
22/6/2021
09:20		7digital Daily Update: 7digital Group Plc is listed in the Media sector of the London Stock Exchange with ticker 7DIG. The last closing price for 7digital was 1.23p.
7digital Group Plc has a 4 week average price of 1.23p and a 12 week average price of 1.18p.
The 1 year high share price is 4.60p while the 1 year low share price is currently 0.22p.
There are currently 2,722,085,961 shares in issue and the average daily traded volume is 2,854,033 shares. The market capitalisation of 7digital Group Plc is £33,345,553.02.
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21/5/2021
08:10		mdchand: hxxps://www.universalmusic.com/triller-and-universal-music-group-announce-worldwide-licensing-agreements-for-recorded-music-publishing/ My take on today's announcement is that this deal will supercede the deal 7dig had with triller for UMG artists only. However, one could argue that UMG could also deal similar deals with other clients of 7dig. Guess it depends how much income is being siphoned away by 7dig and the monetary value to UMG to get a deal done directly. Still very positive on this share but until we get a sense of how their existing 'tier 1' deals are going with Triller and Kuaishou I can see why the markets are reluctant to push them higher.
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04/5/2021
07:50		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-Service and provide additional visibility over revenues, with up-front set-up fees and fixed recurring monthly fees. 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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29/4/2021
14:54		zico01: 2021 will be a massive growth year for the company as per trading update : "7digital is gaining momentum in each of our three key areas. Our strategy of focusing on social, home fitness and artist monetisation demonstrates our ability to create value for new markets in a rapidly evolving music industry. As we ramp up activity in these markets and continue to support and improve services for current clients, we anticipate substantial growth in our business and revenues in 2021." In 2021, the Company plans to stream hundreds of shows and as a result expects eMusic Live to contribute significant millions to Company revenues. 7digital typically enters into contracts which include a fixed fee and variable, usage-based terms, ensuring that the Company benefits as its customers scale up their offering. As a consequence of new contracts ramping up in 2021, clients increasing their usage of 7digital's platform and deals in the pipeline, the Board envisages receiving incremental revenues from these customers and expects to report substantial year-on-year revenue growth in FY 2021, resulting in operational profitability for the full year 2021. The share price is starting it's upward trajectory !!!
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08/2/2021
20:54		brut winky: mdchand: good post, looks a bit like UMG trying to hold Triller to ransom, as Triller pays 7dig and i imagine 7dig pay UMG for the rights, so UMG look to want two pieces of the cake from what i can gather. A source familiar with UMG’s side of the situation also tells Rolling Stone that UMG’s deal with Triller actually ended over a year ago. Since then, UMG has been working with Triller under short-term extensions while negotiating a new deal. According to the source, Triller stopped paying a couple months ago, and then informed UMG that the app didn’t feel it needed a license from UMG a few weeks ago. The source says UMG was met with silence when the company tried to have a discussion around the matter. When the last renewal was up, UMG notified Triller that it would be telling Triller’s supply chain, 7digital, to no longer deliver UMG content to the platform. If these claims are indeed true, they completely contradict Lu’s apparent shock. Either way the share price doesn't look too concerned.
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03/2/2021
16:20		davecrashandburns: The gross margin is 90% the CEO said on the call - I was talking about earnings - after the overhead has been covered. Obviously once you've covered the overhead anything you sell is almost pure profit at these margins. That the share price trend is going up doesn't mean a lot to me - it can also start to trend down. What will keep it up (as it were) is solid numbers. My point was it's already priced at making 1m profit - do you guys think it's going to explode in sales to 30million - if it did you'd probably be making good profits. The problem is the accoounts are a basket case If you add losses to sales to calculate overhead you get the following Year Sales Overhead overhead % of sales 2019 9m 16m 177 2018 20m 32m 160 2017 17m 22m 129 2016 11m 16m 145 2105 10m 13m 130 The overhead was getting bigger and bigger as a % of sales. With 750k to 1.3m of earnings in the share price today (depending on what P/E ration you'd put it at), it seems a real stretch to see this getting higher on anything other than hope, hot air end speculation. Thats is unless you believe they can have turned around the numbers so radically in only 12 months - what the hell were they doing before?? Also the share price has inncreased from 0.12 pence to 1.6 pence (that is X13) - the price seems very low at only a penny and a half or so - but that's becuase there are NEARLY 3 BILLION SHARES outstanding. Most people on here will be much more knowledgeable about shares and 7Digital - if anyone disagrees with me, please would they tell me where I am going wrong?? I would love to throw some money at the share - and it does seem to be going up!! But the fundamentals don't convince me and getting in and out on rising prices is very difficult to time!!! Many thanks
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03/2/2021
11:40		davecrashandburns: I bought some of these shares not really thinking very much!! Having decided to think just a little I read the news about the company and watched the annual presentation from the (fairly) new CEO Seems the problem for a large upswing in share price is the very large number of shares - 2.7 billion!!! If we assume the story they are telling is real - that they are nor profitable - and that 2021 will be full year profitable and they will grow revenues these are my thoughts If we get back to 2018 revenues - their best ever, we will be at 20 million. (very favorable assumption 1) If we could make net earning of 10% on that, we would have 2 million (very favorable assumption 2) This divided by 2.7 billion shares would give us 0.074p EPS - if we assume this would attract a very high optimistic P/E ratio of 50 (very favorable assumption 3 bearing in mind Boo Hoo has lower and has been cash generating for some time already) it would give us a price of 3.7p, a little over double what the shar is trading at now. If we look at the same situation the other way around - what earnings are in the price at its current price (is at 1.7p as I write this) - 1.7p/50x2700000=918,000 earnings At a more conservative x30 P/E the earnings priced in are 1,529,999. Seems like all the good news is already all priced in - unless they can really grow the revenues to a very great degree and get to 30 , 40 or 50 million in revenue. I know they have signed some deals but they have had deals in the past and have lost them - is there a reason the deals will be "sticky" and does anyone have any insight into where a truck load of revenue might come from? Seems like small amounts of money for a company that calls itself market leader and has been around since the iphone was launched. This share seems to have a big upside wehn you look at past price graphs but perhaps there were less shares issued then - I haven't dug out all the history. Just seems a HUGE number of shares to spread a tiny companies earnings over - even if they do improve. In the shareholder meeting someone asked about dividends - I would much rather see any excess cash going to share buybacks - if others are in agreement can we pressure the company to make this a firm committment. That would see the share price increase much more quickly.
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08/9/2020
12:36		livup967: GOOD NEWS OUT JUST NOW'' Tue, 8th Sep 2020 07:00 RNS Number : 2828Y 7digital Group PLC 08 September 2020 RNS Reach 8 September 2020 7digital Group plc ("7digital" or "the Company") 7digital wins new contract with Apex Rides 7digital enters home fitness space with out-of-the-box solution to support music-based virtual fitness service 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce that it has signed an initial 12-month contract with Apex Rides Limited ("Apex"), a cutting-edge high performance smart bike and in-home fitness platform, to service music for its virtual exercise classes. In exclusive partnership with London-based boutique fitness pioneer Boom Cycle, new-to-market Apex provides a full home exercise connected bike and subscription service with live and on-demand interactive classes. With hardware pricing at a fraction of the leading market competitors and premium class content planned to attract and retain customers, Apex's solution is designed as an accessible alternative for the mainstream market. Apex is using 7digital's in-house licensing services to negotiate and finalise rights to millions of premium tracks. Through 7digital's catalogue and playlisting tool, instructors will have access to fully cleared and compliant music for programming their classes, making it easy to create custom playlists curated by genre, tempo or music theme in line with the emotional connection and spirit of each class. In addition to playlisting and catalogue curation, 7digital will also provide the backend label and publishing reporting. Paul Langworthy, CEO of 7digital, said: "We are delighted to be partnering with Apex Rides, which has music at the core of its virtual cycling experience, to help drive further growth into the exciting home fitness space. A core pillar of our business strategy centres on the flexibility of our technology, products and services to not only serve established markets but also new and emerging verticals that will create diversified music streaming business models. As this sector heats up, we are proud to provide the end-to-end services that can support innovators such as Apex Rides to forge new frontiers in the fitness market with new formats for music licensing use cases." Commenting on the agreement, Simon Cook, co-founder of Apex, said: "We recognised from the start that music is an essential and powerful ingredient in the context of fitness and wellness, and we needed to make sure our instructors had the tools to give members the best overall user experience. Boom Cycle's innovative instructors know how to use music to create specific moods, and bring energy and community to the experience, while 7digital's technology makes it easy maximise the full potential of our licensing agreements." Charlie Lucas, co-founder of Apex continued: "Collaborating with 7digital's experienced licensing team, in-tune and in-step with the music rights holders, will deliver us a world-class collection of licensed music at launch, while ensuring that concise and accurate royalty reporting is fully covered. In addition, their proprietary digital playlist tool makes it simple for our partner fitness leaders to use music to create unique narratives and experiences that will keep people challenged, motivated and engaged with our programme." 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
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20/8/2020
15:10		michaelmouse: post5499 - Hi lagansider it's great to hear that you made your money back on 7dig buying at the share price lows. A little while ago I decided not to disclose my buys and sells on social media, but it's great to see 7dig burst into life and I hope it's not another false dawn for them? I'd imagine the fuller picture will emerge with their 2020 results which is long way off given that they haven't produced results for year ending 2019 yet. I think the sustainability of the share price will all depend on reaching operating and cashflow positivity by year end. It's a fascinating story and company. I do wonder if any of the newbies/traders are aware that 7digital licensed their catalogue to musical.ly? The thing is if these licensing deals made multi-millions then LTHs need never have worried and you and I would have been sitting on a company worth £100m+ some years ago. Why? because musical.ly is TIKTOK. Musical.ly was bought by Bytedance and rebranded as TikTok. 7digital have never said that they no longer license their music to TikTok (as far as I know), it'd be worth calling the CEO to find out? hTTps://en.wikipedia.org/wiki/Musical.ly
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31/7/2020
21:54		benny shares: I have a question... does anyone know how many shares were in issue for June 2014, its been six years since the company has been profitable, and another important question if I may... how long has Amazon Prime been a business consumer with 7digital?.6th June 2014 7dig share price was 32.5 pence but without knowing how many shares were in issue I can't figure out its market capital.Have a lovely weekend and I will see you Monday
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27/1/2020
08:23		livup967: RNS OUT'' one tick not showing on ADVFN WHY??? perhaps hiding it from the herd... keep the price down... so it don't run up too fast I suppose strange indeed 27/01/2020 7:00am RNS Non-Regulatory TIDM7DIG 7digital Group PLC 27 January 2020 RNS REACH 27 January 2020 7digital Group plc ("7digital" or the "Company") 7digital signs contract with Single Music New partnership marks strategic expansion to support online stores on Shopify 7digital (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce that it has been awarded a contract to provide its music-as-a-service platform to power Single Music, a Shopify-integrated platform that enables artists and labels to market and distribute their music and merchandise directly to fans. The contract marks 7digital's strategic expansion to support online stores on Shopify, the second largest ecommerce platform in the world used by over one million businesses globally. Single Music serves labels, artists, and merchandise companies alike by providing a new and easy way to sell merchandise and music directly to fans from a single platform, using out-of-the-box engagement tools such as presales, single campaigns or album bundle campaigns. Capitalising on the industry trend towards direct sales, Single Music is also simplifying direct-to-fan data by connecting artists' existing ecommerce and streaming, giving the artist more control over how their music reaches their fans. The initial 12-month contract, which includes set-up and monthly fees, will see Single Music utilise 7digital's technology to support publisher clearances as well as label, publisher and chart reporting for download purchases outside the US. Paul Langworthy, CEO of 7digital, said: "This contract win underscores the strength of our technical offering and our healthy commercial pipeline. Single Music is a prime example of how innovators in the music industry are enabling fresh ways to engage new music fans directly with artists and how 7digital is leading the way in this space with our music-as-a-service platform. Our deal with Single Music and its Shopify integration adds to our expansive list of industry innovators providing more sophisticated and intuitive tools to support unique, exciting and meaningful music experiences." Tommy Stalknecht, CEO of Single Music, added: "Through our integration with Shopify, Single Music has been able to scale into global markets much more quickly than we could have ever imagined. In order to better serve artists outside the US, we wanted to find a partner that both addresses our artists' needs and shares a similar vision for the future of the industry. We look forward to working with 7digital to expand our offerings and footprint worldwide." Enquiries: 7digital 020 7099 7777 Paul Langworthy, CEO Arden Partners (Nominated Adviser and Broker) 020 7614 5900 Richard Johnson, Benjamin Cryer Luther Pendragon 020 7618 9100 Harry Chathli, Joe Quinlan, Elliot Fradd Notes to Editors: 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. About Single Music (https://singlemusic.com/) Single Music is a Shopify-integrated platform that enables artists and labels to market and distribute their music and merchandise directly to fans. It has confirmed over 500,000 digital albums purchased and 750,000 total sales reported to Soundscan. Single Music has also aligned itself with many top merchandising companies such as Live Nation Merch, Futureshirts, The Hyv, Absolute Merch, Top Drawer Merch and many more. To view a one-sheet about Single Music, visit: singlemusic.com/s/single-onesheet-min.pdf. The Shopify App Listing can be viewed here: https://apps.shopify.com/single.
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