Music library1 Oct 2020 09:43
Yes another massive positive and what sets us apart and huge selling point for further business is the rights to a music library !
1 million tracks being added each month to library.
3000 Music labels Globally now working with 7DIG.
Triller alone got 70 Million active users and growing.
In 2019 peloton were sued
Music publishers are pumping up their lawsuit against Peloton. The National Music Publisher's Association first sued the online exercise company for copyright infringement in March and requested $150 million in damages, claiming that Peloton used more than 1,000 songs without a proper license in its streamed workouts.
So no big global companies will want the hassle or to be sued if they try to go somewhere that doesn’t have a licence so 7digital is at a major advantage point for any future business with big fitness tech companies and social media !
The share price should not be where it is now ... we should be back over 3-6 p minimum now