7digital Group PLC 7digital signs contract with Single Music
27 January 2020 - 6:00PM
RNS Non-Regulatory
TIDM7DIG
7digital Group PLC
27 January 2020
RNS REACH
27 January 2020
7digital Group plc
("7digital" or the "Company")
7digital signs contract with Single Music
New partnership marks strategic expansion to support online
stores on Shopify
7digital (AIM:7DIG), the global leader in B2B end-to-end digital
music solutions, is pleased to announce that it has been awarded a
contract to provide its music-as-a-service platform to power Single
Music, a Shopify-integrated platform that enables artists and
labels to market and distribute their music and merchandise
directly to fans.
The contract marks 7digital's strategic expansion to support
online stores on Shopify, the second largest ecommerce platform in
the world used by over one million businesses globally. Single
Music serves labels, artists, and merchandise companies alike by
providing a new and easy way to sell merchandise and music directly
to fans from a single platform, using out-of-the-box engagement
tools such as presales, single campaigns or album bundle campaigns.
Capitalising on the industry trend towards direct sales, Single
Music is also simplifying direct-to-fan data by connecting artists'
existing ecommerce and streaming, giving the artist more control
over how their music reaches their fans.
The initial 12-month contract, which includes set-up and monthly
fees, will see Single Music utilise 7digital's technology to
support publisher clearances as well as label, publisher and chart
reporting for download purchases outside the US.
Paul Langworthy, CEO of 7digital, said: "This contract win
underscores the strength of our technical offering and our healthy
commercial pipeline. Single Music is a prime example of how
innovators in the music industry are enabling fresh ways to engage
new music fans directly with artists and how 7digital is leading
the way in this space with our music-as-a-service platform. Our
deal with Single Music and its Shopify integration adds to our
expansive list of industry innovators providing more sophisticated
and intuitive tools to support unique, exciting and meaningful
music experiences."
Tommy Stalknecht, CEO of Single Music, added: "Through our
integration with Shopify, Single Music has been able to scale into
global markets much more quickly than we could have ever imagined.
In order to better serve artists outside the US, we wanted to find
a partner that both addresses our artists' needs and shares a
similar vision for the future of the industry. We look forward to
working with 7digital to expand our offerings and footprint
worldwide."
Enquiries:
7digital 020 7099 7777
Paul Langworthy, CEO
Arden Partners (Nominated Adviser and Broker) 020 7614 5900
Richard Johnson, Benjamin Cryer
Luther Pendragon 020 7618 9100
Harry Chathli, Joe Quinlan, Elliot Fradd
Notes to Editors:
About 7digital (www.7digital.com/)
7digital is the global leader in B2B end-to-end digital music
solutions. 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. From years of being the largest
independent producer of programming for the BBC and powering
services for partners like Global Radio and Fender, 7digital is
perfectly positioned to lead innovation at the intersection of
digital music and next-generation radio services.
About Single Music (https://singlemusic.com/)
Single Music is a Shopify-integrated platform that enables
artists and labels to market and distribute their music and
merchandise directly to fans. It has confirmed over 500,000 digital
albums purchased and 750,000 total sales reported to Soundscan.
Single Music has also aligned itself with many top merchandising
companies such as Live Nation Merch, Futureshirts, The Hyv,
Absolute Merch, Top Drawer Merch and many more. To view a one-sheet
about Single Music, visit:
singlemusic.com/s/single-onesheet-min.pdf. The Shopify App Listing
can be viewed here: https://apps.shopify.com/single.
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END
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