Tag: 7digital

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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...
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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...
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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....
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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...
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Will music fans want to ‘stream the studio’ with hi-res audio? (#midem)

Major labels, a number of prominent artists, audio hardware firms and some streaming services are excited about the potential for ‘hi-res audio’. But will more than a niche of fans agree? A panel session during Midem...
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Apple Music may have a Musical.ly deal but it doesn’t replace 7digital

Tech site Recode has reported that social-music-videos app Musical.ly has struck its most significant partnership yet, with Apple Music. However, B2B firm 7digital has denied its claim that the deal replaces its own agreement...
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7digital raising £3m and in talks to acquire 24-7 Entertainment

There is more consolidation afoot in the B2B digital-music space, with 7digital announcing this morning that it has agreed heads of terms to acquire European rival 24-7 Entertainment from its current owner MediaMarktSaturn. The...
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7digital posted operating profit in final quarter of 2016

B2B digital-music firm 7digital posted an operating profit in the final quarter of 2016, according to a trading update for investors published this morning. The company also saw its revenues grow by 7.2% to £11.1m in...