Tag: 7digital

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Music-streaming trends, from A&R to global/local evolution

At today’s Midem conference in Cannes, a pair of afternoon sessions at the event’s ‘Streaming Summit’ focused on some of the evolving trends around the music-streaming world. The first explored the question of...
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7digital claims ‘positive’ start to 2018 with new contract wins

B2B digital-music firm 7digital has published a trading update for its business in the first quarter of this year, which it describes as “positive” for the company. “Trading in the first quarter matched the company’s...
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Smart speakers’ impact on music: ‘I don’t think it can be overhyped…’

More than 26m smart speakers were shipped globally in 2017 according to research firm Futuresource, with the Amazon Echo and Google Home ranges proving popular devices. That was the spur for an event hosted by British...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...