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I'm assuming the RNS is to be released later in the day to allow time to see what the Tiktok effect is this morning before seeing the RNS effect.
With the Tiktok ban being overturned, I'm really hoping the financials contains some good news.
Has there been a ruling today? I can't see any news reports of it yet.
2019 financial results and H1 2020 interim results are released Mon AM for 7digital but we could also see movement if there actually is a ban on Tiktok.
Monday could be a very volatile day.
We then have a webinar with Paul L. on Tuesday but he's already said there will be no new info released during that.
Anyone getting over excited about the tiktok stars that are joining Triller go and have a look at their tiktok accounts. You'll see that they're still posting all their content on tiktok. These big stars are on every platform to maximise their exposure. Joining Triller is just another way to get seen but tiktok is still their main platform for now. A lot of the videos that appear on Facebook and Instagram have the tiktok logo on them because that's where they were created and posted first. I'd guess a lot of the content being posted on Triller was also first created in tiktok.
Would 7digital still get any royalty payments for videos created in tiktok (using music) that was then reposted on to Triller? I suspect not. I suspect the royalty payments only come from content created within the Triller app that pulls the music directly from the 7digital catalogue.
No one outside of 7digital knows the details of what 7digital get paid by Triller as it hasn't been made public but it would be common sense to assume that 7digital only get paid for the use of music as that's what they are providing.
Anything else that gets mentioned is just because it shows the growth of Triller. The fight will give Triller exposure. More exposure means more users. More users means more music uses which means more money to 7digital.
I find it funny that someone with 14,500 posts and clogs up the board with brainfarts every day uses the phrase "stop clogging up the board".
I've just had a cup of coffee. That's my 4th today.
Sham, I only bash the worst of the posters on here. Yours was quite a howler.
Common sense is definitely an oxymoron. Very few people have it.
Look at the trade prices. They certainly weren't buys from today. They must be delayed from last week and didn't give us any movement north today.
Too many rose tinted glasses in here. Just because you want to see the end of tiktok doesn't mean they're not going away without a fight. Triller has a very, very steep hill to climb to get anywhere close to where tiktok is. I want it to happen as much as the next 7Digital shareholder but don't let your greed take over common sense.
Sham, WTF are you on about? The new company will be called TikTok Global.
This board is great for people clutching at straws but that takes the biscuit.
Use some common sense.
and what is going to be the trigger to see this jump up to 6p? there has to be something big. The initial news of signing up with Triller didn't get us to 6p to any new news would need to be even bigger to get us there. Are you in the know 308? The rest of us aren't and Zak certainly isn't, he just post wild speculation like the rest on this board.
I can definitely see this spiking early on Monday with a gradual decline through the rest of the week.
Potential to take some profit before buying back in.
If the download ban actually goes ahead on Sunday, this could see 7Digital opening around the 4p mark on monday but Tiktok won't take this lying down. Expect them to fight hard to do a deal that will keep them running in the US.
This one has plenty of legs in it that could send the 7Digital SP in any direction depending on the news at the time.
Because there is no Tiktok tie up. Do you mean Triller?
If the current restrictions are still in place and you can only invite 5 friends, can I be one of them please?
Herb, how can you know the SP has stopped falling? Falling is all this share has done for the last couple of weeks and there is no guarantee it's not going any lower.
7Digital aren't the only company in the world with a library.
Far too many people desparate to make up nonsense just because you're sitting on a loss. There has been absolutely nothing to link 7Digital to Youtube so there is no secret out the bag.
When 7Digital are ready to release the news they will do. Until then, just sit and wait rather than making up some random bullsh*t.