Inactive Instrument

UBC MEDIA

7DIG

GB00BMH46555

7Digital Group PLC Announces Revenue Results for the Year Ended 31 December 2016

January 17, 2017 at 12:30 pm IST

7Digital Group PLC announced revenue results for the year ended 31 December 2016. Total Group revenue grew by 7.2% to £11.1 million, with good growth across all revenue streams.

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7digital Group plc is a United Kingdom-based company that provides business-to-business (B2B) end-to-end digital music solutions. The Company's business is engaged in the provision of scalable technical infrastructure combined with global music rights used to create music streaming and radio services. It operates through three segments: Licensing, Content and Creative. Its Licensing segment is engaged in the creation of software solutions for managing and delivering digital content. Its Content segment is engaged in the sales of digital music direct to consumers. Its Creative segment is engaged in the production of audio and video programming for broadcasters. It caters to a diverse range of B2B customers, including consumer and social media brands, online fitness companies, mobile carriers, broadcasters, automotive systems, record labels and retailers. The Company's wholly owned subsidiaries include 7digital Limited, 7digital Creative Limited and 7digital Trading Limited.

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7DIG

GB00BMH46555

7Digital Group PLC Announces Revenue Results for the Year Ended 31 December 2016

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