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November 26, 2015 7:10 PM ET


Company Overview of 7Digital Group PLC

Company Overview

7digital Group plc provides digital music and radio services in the United Kingdom, rest of Europe, and internationally. The company operates through three divisions: Content, Licensing, and Production. Its music and radio services are used for consumer brands, mobile carriers, broadcasters, automotive systems, retailers, record labels, artists, and agencies. The company offers on demand subscription streaming services online, offline, and on mobile devices; Internet radio and DMCA-compliant services; and micro, niche, or genre-based subscription services. It also provides cloud-based music locker, which is used to download or stream music from any device; HD audio in various file formats th...

69 Wilson Street

London,  EC2A 2BB

United Kingdom

Founded in 2004

128 Employees


44 20 7099 7777

Key Executives for 7Digital Group PLC

Chief Executive Officer and Director
Age: 57
Total Annual Compensation: $123.0K
Co-Founder, Chief Strategy Officer and Director
Age: 39
Total Annual Compensation: $90.0K
Chief Financial Officer, Group Secretary and Director
Age: 34
Total Annual Compensation: $61.0K
Compensation as of Fiscal Year 2014.

7Digital Group PLC Key Developments

7digital Group plc Launches New Services with Mariposa Holdings Group, Inc. and Signs Agreement with Playster

7digital Group plc announced that it is powering two mobile music services for Mariposa Holdings Group Inc. in Brazil. These are now live with companies in South America: Oi and Algar Telecom. The provision of this kind of mobile music service is key to the company's growth, and these launches also mark a significant expansion in 7digital's South American business. 7digital Group plc also announced that it has signed an agreement with Playster, to expand their music streaming service into 15 additional territories. The deals with both Mariposa and Playster will contribute to 7digital's revenues for 2016.

Electric Jukebox Company Selects 7digital as Supplier

7digital announced that it has been chosen as a supplier to Electric Jukebox Company and its unique plug and play music streaming experience for the home. The company is licensing its platform for the Electric Jukebox product in both the UK and US; the agreement will provide access to technology, infrastructure and music catalogue. 7digital will also curate playlists with expertise from the Company's content production division. Electric Jukebox offers all the benefits of a premium music streaming subscription service in a box but without the need for a smartphone, a PC, or a monthly subscription - representing the first "Internet of Things" music appliance for the home. Electric Jukebox was launched earlier this week at a high-profile event attended by UK Secretary of State, Culture, Media & Sport, Rt. Hon. John Whittingdale MP. Celebrity music playlist curators for Electric Jukebox also participated in the launch, whether in person (Alesha Dixon) or by video (Sheryl Crow, Robbie Williams, Ayda Field and Stephen Fry). Independent YouGov research published this week shows that the vast majority of consumers have struggled with the complexities of digital music, with the most common ways of playing music identified as radio (52%) and hi-fi/CD (42%). Streaming hardware is only used by 6% of consumers in the USA and UK.

7digital Announces Integration of Google CastTM ; Signs Contract with OurSound

7digital announced that it has launched an integration of Google CastTM on its platform and is the first provider to offer hi-res audio playback of FLAC format files in Google Cast. With support for Google Cast, which was launched earlier this year and has already been adopted by most hardware manufacturers, consumers are able to send music to any Google Cast-enabled speaker, or to any Chromecast-connected TV or streaming device. The technology will be available to 7digital's B2B customers who wish to add this as an additional feature on their web service or apps. The company is announcing this integration alongside a major upgrade to 7digital's own Music Store and Android app which, as well as adding support for Google Cast, launches a new catalogue of hi-res music and support for Android Auto, with a fresh look and much improved experience. There have now been over 22 million installs of 7digital music apps. 7digital is the first provider to offer hi-res playback of FLAC format files with Google Cast both to customers licensing its platform and direct consumers. This allows consumers to access a catalogue of almost 40 million tracks, with millions of 16-bit FLACs (44.1kHz, CD-quality) and hundreds of thousands of 24-bit FLACs (up to 192kHz, studio quality). 7digital have also signed a contract with OurSound to power their interactive music service for public spaces. The OurSound application lets users access playlists linked to location and choose the music they want to hear. This adds to the Company's South American business, which also includes the contract now signed with Mariposa Holdings Group Inc. who are launching new music services in the region with Algar Telecom.

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