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7digital Group PLC (7DIG)

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Monday 09 May, 2016

7digital Group PLC

Update on MQA

RNS Number : 5626X
7digital Group PLC
09 May 2016
 

 

                                                                                                        

9th May 2016

 

7digital Group plc

("7digital" or "the Company")

 

Update on MQA

7digital (AIM:7DIG), the digital music and radio services company, is pleased to congratulate its close partner MQA on the announcement on Friday of its long-term licensing deal with Warner Music Group.

The milestone agreement, which will see WMG's catalogue made available in studio master quality, marks a significant step towards achieving industry-wide adoption of the MQA high resolution music technology.

7digital became the first B2B platform provider to offer MQA earlier this year through Onkyo's hi-res audio store onkyomusic. The Company remains the only B2B provider capable of offering MQA.

Enquiries:                                                            

 

7digital Group

 

020 7099 7777

Simon Cole, Chief Executive


Matt Honey, Interim Chief Financial Officer

Holly Ashmore, PR Manager




 

finnCap (nominated adviser and broker)

 

020 7220 0500

Geoff Nash / Carl Holmes - Corporate Finance


Malar Velaigam / Mia Gardner - Corporate Broking




 

Weber Shandwick (financial PR agency)

Nick Oborne - [email protected]

Tom Jenkins - [email protected] webershandwick.com

 

About 7digital (http://about.7digital.com)

 

020 7067 0000

7digital is a B2B digital music and radio services company. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.

7digital fosters industry growth and innovation by simplifying access to music for clients such as Onkyo, Guvera, Fnac, Global Radio and E.Leclerc. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories, and powering services for partners like HMV, Panasonic and ROK Mobile, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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