7digital trading update shows 52% rise in revenues
B2B digital-music firm 7digital has issued a trading update showing strong growth in its full-year revenues. The company says it expects to report revenues of £17.3m for 2017, up 52% year-on-year. “Losses at Adjusted...
February 9, 2018
What do smart speakers and voice assistants REALLY mean for music?
Smart speakers like Amazon's Echo and Google Home are selling in their tens of millions, and it's becoming clear that voice assistants like Alexa and Google Assistant (and Apple's Siri once its HomePod device ships) will...
January 23, 2018
7digital signs contract with 8tracks as other clients launch
B2B digital-music firm 7digital has signed a contract with US streaming service 8tracks. The company says the deal has a minimum term of one year. 7digital has also signed a new contract with its largest shareholder, retailer...
January 15, 2018
7digital’s Pete Downton talks streaming, telcos, voice control and Apple
In the mid-2000s, Pete Downton had a PowerPoint presentation. It included a slide with a map of the world plotting Warner Music Group’s licensing partnerships with 40 mobile operators: a network with a theoretical reach...
December 14, 2017
7digital makes video news programme for Amazon’s Echo Show
7digital’s Entertainment News division is making the most of the screen that comes with Amazon’s Echo Show smart speaker. Just launched in the UK after its US debut earlier in the year, the Show has a seven-inch screen...
November 17, 2017
Spotify, Deezer and SoundCloud launch European lobbying coalition
Music-streaming services Spotify, Deezer and SoundCloud are among the founder members of a new coalition that plans to represent the European digital music industry in Brussels. Streaming service Qobuz, B2B firm 7digital...
November 8, 2017
7digital revenues up 13% to £5.9m in first half of 2017
B2B digital-music firm 7digital has published its latest trading update, revealing that its revenues grew by 13% year-on-year to just over £5.9m in the first half of 2017. The company said its licensing revenues grew...
July 31, 2017
7digital boss confident about company’s future prospects
7digital CEO Simon Cole has responded to Music Ally's story yesterday about the firm's latest financial results, and its auditor's warning over uncertainty about the company's ability to continue as a going concern. The...
July 19, 2017
7digital publishes financials, noting need for new business
B2B digital-music firm 7digital has published its group financial accounts for 2016, through Companies House in the UK. The results confirm earlier financial statements: revenues up 15% to £11.9m in 2016, with net losses...
July 18, 2017
7digital teams up with SoundHound in voice AI partnership
The music industry’s excitement about voice-enabled devices like Amazon’s Echo family continues. But Alexa is far from the only smart assistant in town: alongside rivals like Apple’s Siri, Microsoft’s Cortana and...
June 28, 2017
7digital completes acquisition of B2B firm 24-7
7digital has completed its acquisition of fellow B2B digital-music firm 24-7, which has been ‘handed over’ by its parent company, retailer MediaMarktSaturn. That phrase is important: this isn’t a straight cash deal....
June 20, 2017
Music streaming 2.0: new models in emerging markets (#midem)
Music streaming’s evolution will be about more than just how the big, global services like Spotify and Apple Music continue their growth. Emerging markets are throwing up some interesting new business models and partnerships...
June 6, 2017