8 Mar 2019 09:00
8 March 2019
7digital Group plc
("7digital" or "the Company")
Resignation of Director
7digital (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, announces that Pete Downton has resigned from the Board of Directors and is to leave the company.
Pete has served as Chief Commercial Officer and latterly as Deputy CEO.
Don Cruickshank, Chair, commented:
"Pete has made a tremendous contribution to the Company during the 4 years since its creation. On behalf of the Board, I would like to thank him for everything he has done, significantly in positioning the company within the music industry and securing the major music labels as both suppliers and customers. He leaves with our gratitude and very best wishes for his next move".
For further information please contact:
7digital | 020 7099 7777 |
Simon Cole, Chief Executive |
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David Holmwood, Interim Chief Financial Officer Holly Ashmore, PR Manager |
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Arden Partners (nominated adviser and broker) |
020 7614 5900 |
Ruari McGirr/ Tom Price/ Benjamin Cryer - Corporate Finance
Yellow Jersey PR Georgia Colkin Charles Goodwin 7digital@yellowjerseypr.com
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+44 (0)7825 916 715 +44 (0)7747 788 221 |
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About 7digital (http://about.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 such as Onkyo and TikTok (formerly musical.ly). From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.