Simon Cole, CEO of 7digital, discusses the circumstances of the delayed release of the FY17 results, then goes on to describe the key points from the figures and trading. He talks through the group’s recent capital investment and how the spend will improve the group’s positioning. Simon then describes the additional market opportunities that have stemmed from last year’s major acquisition of 24-7 and the broader openings for brand owners to cement their customer relationships through offering music streaming. Lastly he discusses how music consumption within the home is changing with the advent of smart, connected speakers and how 7digital can take advantage.
7digital is a global B2B digital music and radio services company. Its core business is providing 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.