10 Mar 2022 07:00
10 March 2022
7digital Group plc
("7digital" or "the Company")
7digital wins 24-month contract with new customer
7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce it has signed a two-year contract with a new music and data platform designed to better meet the monetisation needs of the rightsholder community.
The new customer will be using the Company's music-as-a-service platform in the US and Canada to feed music to their B2B content platform. The customer expects to launch the service later this year.
Paul Langworthy, CEO of 7digital, said: "This multi-year contract is a further great win for 7digital which will contribute to our growth. It is exciting to bring in a new customer from a very strong pipeline of new business and work with them to build their service offering, which is further proof that demand for music in all its forms has never been stronger. Organisations today need products that are flexible and innovative, and making music more accessible and streamlined is one of the most effective ways we can help more businesses succeed and grow the industry. We look forward to our long-term relationship and supporting the growth of their offering."
Enquiries
7digital Paul Langworthy | c/o +44 20 7618 9100 |
| |
Arden Partners (Nominated Adviser and Broker) Richard Johnson | +44 20 7614 5900 |
| |
Luther Pendragon (Financial PR) Harry Chathli, Claire Norbury | +44 20 7618 9100 7digitalIR@luther.co.uk |
About 7digital
7digital is the global leader in B2B end-to-end digital music solutions, providing a scalable cloud-based platform that enables companies and brands to connect to its global music catalogue and rights management system to launch and manage unique and engaging music experiences. Operating worldwide in over 80 markets and integrated with more than 300,000 labels and publishers, 7digital's platform automates the complex and time-consuming processes of music management, making it easier to access and use music in streaming services, social media, home fitness, gaming, retail and more. With best-in-class infrastructure, deep industry expertise and intelligence tools, 7digital empowers their clients to innovate, grow and serve tomorrow's music consumer. For more information, visit http://www.7digital.com/.
7DIG.L (7DIG)