27 Jan 2020 07:00
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 |
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Arden Partners (Nominated Adviser and Broker) | 020 7614 5900 |
Richard Johnson, Benjamin Cryer |
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Luther Pendragon | 020 7618 9100 |
Harry Chathli, Joe Quinlan, Elliot Fradd |
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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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