7digital Group plc
("7digital" or the "Company")
Further re Press Speculation
The Company notes the recent press speculation and confirms it is in discussions with i.am. plus, llc with respect to the delivery of a music service on a new range of devices, including wearables.
The potential contract would further underpin the Company's revenue expectations.
Further updates will be made in due course.
Enquiries:
7digital Group |
020 7453 1600 |
Simon Cole, Chief Executive |
|
Chris Dent, Finance Director |
|
|
|
finnCap (nominated adviser and broker) |
020 7220 0500 |
Charlotte Stranner/ Simon Hicks - Corporate Finance |
|
Victoria Bates - Corporate Broking |
|
|
|
Investec (joint broker) |
020 7597 5970 |
Dominic Emery |
|
Junya Iwamoto |
|
|
|
Powerscourt |
020 7250 1446 |
Giles Sanderson / Juliet Clarke / Simon Compton / John Elliott |
|
About 7digital
7digital aims to simplify access to the world's music and radio. Our robust, scalable digital music platform and flexible APIs are used to power comprehensive music and radio services for leading consumer brands, mobile carriers, broadcasters, automotive systems, retailers, record labels, artists and agencies. Alongside proven technology, we offer global music rights, award-winning radio production services, and content management expertise, making us a leading global partner in this space.
7digital has powered streaming and download services for global brands like Samsung, T-Mobile, HMV and BlackBerry, has partnered with media giants such as Yahoo and Sirius XM, and is the largest independent producer of radio programming for the BBC. 7digital Group is ideally placed to lead innovation at the intersection of digital music and next generation radio services.