7digital Group PLC (LON:7DIG) Partnership deal with Music Powered Games

7digital (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, is delighted to announce that it has signed its first deal in the rapidly developing area of music within gaming applications.

7digital has agreed an initial 2-year deal with Music Powered Games (“MPG”), a developer of online music games which use song lyrics to power the gameplay. The deal is to set up and maintain full-track streaming services for MPG’s highly anticipated new “arcade of music games” which launches today in a single app, MuzArcade, on iOS and Android in the United States.

Commercial terms are confidential but the deal will contribute to 7digital’s monthly recurring revenues from launch today and the company will receive a significant set-up fee.

Commenting on the partnership, Simon Cole, CEO of 7digital, said: “We are excited to announce this partnership with Music Powered Games. The industry is rapidly embracing music as a natural complement to the gaming environment and we see this as an important new area for both 7digital and for the music industry as a whole.

“MuzArcade is a perfect example of how the 7digital platform enables companies to easily use music to create unique customer experiences and broaden the market for digital music.”

www.muzarcade.com

About 7digital (http://about.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 such as Onkyo and TikTok (formerly musical.ly). From years of being the largest independent producer of programming for the BBC and powering services for partners like Panasonic, TDC and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.

 



Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.

Tweet
WhatsApp
Email
Pocket
Share
Share