7digital inks new two-year contract with pan-Asian client
Digital music solutions provider 7digital has inked a new two-year contract with an unnamed pan-Asian consumer services group worth "at least" £1.0m.
01 July 2022 17:18:56
7digital said on Monday that its new customer will be using "several unique services" provided by its music-as-a-service platform to deliver an app-based music streaming service to enhance its engagement with its customers.
The AIM-listed company will provide access to its global catalogue, full license compliance management, and curation via the 7digital playlisting tool.
Chief executive Paul Langworthy said: "This is a major, multi-year contract for 7digital that further enhances our visibility over our forecast revenues for the next two years.
"We're pleased to see our pipeline continue to translate to signed contracts and we look forward to updating the market on further progress."
As of 0845 BST, 7digital shares were little changed at 0.30p.
Prices delayed by at least 15 minutes
Compare our accounts
Whether you're looking for a Share Dealing Account or Share Dealing ISA, we've got an
account to suit your needs.
Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
Important legal information
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
The information published on this website is accurate to the best of our knowledge.
However, we do not assume any liability whatsoever for the accuracy and completeness of
the information and any reliance you place on such information is at your own risk.
The information contained within this website is provided by Web Financial Group, a parent
company of Digital Look, unless otherwise stated. The information is not intended to be
advice or a recommendation to buy, sell or hold any of the shares, companies or investment
vehicles mentioned, nor is it information meant to be a research recommendation.
This is a solution powered by Digital Look Ltd incorporating their prices, data, news, charts,
fundamentals and investor tools on this site.
Prices and trades are provided by Web Financial Group and are delayed by at least 15 minutes.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.
The data provided on the website by Broadridge is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. Broadridge makes no assurances or warranties, expressed or implied, as to the accuracy, timeliness, fitness for purpose or availability of the mechanisms by which we receive, store and/or distribute the data. Any views and opinions made on this website do not represent those of Broadridge.