Member Info for Malpenn

The announcement found connect to Warner was for one of 7digital's partners. Not connected to today's deal

On Tuesday, Soundtrack Your Brand announced a new deal with Universal Music Group.

If enough awareness spreads and the B2B model becomes commonplace amongst music streamers, the sector’s leaders will end up shepherding a serious chunk of change into the global music industry.

“All the societies need to get their **** together and see to it that this market is compliant,” Sars says. “There’s no reason not to collect these royalties. There’s no reason not — for an artist or a creative — to ask their label or publisher, ‘Where is my B2B money? I heard my track at Starbucks. Where are my dollars for that?'”

By 2030, Goldman Sachs estimates that the streaming market will increase from $25 billion to $75 billion, with the consumer market expected to go from 370 million paying users to 1.2 billion. With 100 million potential venues at 35 dollars each, that’s $3.5 billion that would have otherwise disappeared into the ether of illicit activity.

https://www-rollingstone-com.cdn.ampproject.org/c/s/www.rollingstone.com/pro/news/universal-licensing-deal-background-music-usage-soundtrack-your-brand-1045465/amp/

14:00 and 14:05

maitit308,

When you say you've seen this before, I assume you think it's a positive sign ?

although all the big trade going through ATM are
been hidden amongst the pack Hmmmmmmm seen this before

There are lots of high volume buys which are going through but then taken off the screen. They create gaps in the sequence numbers and will be late reported, tomorrow I could expect.
Just seen 2 X 250,000 buys happen in the past couple of mins.

28th..

Example: 1189 was a trade for 500,000 it went through and disappeared. You will see 1188 and 1190

Same as yesterday and day before, big trades are going through and then disappearing. Expects lots of historical reported trades. The sequence numbers are missing some, not idea what this means.

Instead of the next RNS to be a TR-1 can it be another "speeding ticket" to say of course we know why our share price has increased, we have signed a contract with xxxxxx !!!

Next on the wish list can we have an increase holdings TR-1 RNS please !!

7digital's technology enables artists to get paid so I would image almost every major record company is being very supportive of 7digital into new customer projects.

The company said certain new contracts and renewals were expected to shift from the second quarter of 2020 to the third and fourth quarters.

https://www.sharesmagazine.co.uk/news/market/6894408/7digital-expects-to-achieve-operational-profitability-in-second-half

https://apply.workable.com/7digital/j/8FABEA134B/

Shows they are using AWS and Google Cloud.

Global companies are using 7digital's services, this adds another one to the list.

I've said before that I look at technology companies that have a product which creates value and enables end customers to creates new services i.e increase revenue.
Found some job adverts from 7digital and clearly they are a DevOps technological company now using Cloud Services to improve their scale and consume Opex infrastructure costs instead of Capex on-premises infrastructure.

Another cherry on top, looking forward to seeing the interim results in a few weeks to see their steps to financial improvement.

Looking at yesterday's graph they certainly look like buys pushing up the price first thing.
I am going for buys and people in the know have invested big time !!

Are these listed as buys because they are above today's offer price therefore would automatically be recognised as buys ? I've seen some large transactions go through on level 2 today but the disappear and not update the Buy / Sell volume

I've just looked on ADVFN under "trades" it looks like the normal trades finished today at number 932 with 300,000 purchase @0.025. All these delay buys have numbers up to 967 which is 545,861 @ 0.024. They are all grouped together under the "?" column at the bottom of the first page, can someone else take a look ? They are at yesterday's prices but today's time stamp.

This has all the hallmarks of a turn around business which is the concept of investing !!

Look back at the share price many years ago to give you an idea of the Market Cap expected, the previous board didn't deliver and this board has invested their own funds into the business.