TIDM7DIG

RNS Number : 3661Z

7digital Group PLC

21 May 2021

21 May 2021

7digital Group plc

("7digital" or "the Company")

Update on Universal Music Group and Triller

Further to the RNS of 5 February 2021, 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, notes the announcement yesterday that Universal Music Group ("UMG") and Triller Inc. ("Triller") signed a licence agreement for the use of UMG's music on Triller's app.

7digital continues to provide Triller with services from the Company's platform under the existing terms of its 18-month contract signed in August 2020.

Enquiries

 
 7digital                             c/o 020 7618 9100 
  Michael Juskiewicz 
  Lara Peterson 
 
 Arden Partners (Nominated Adviser 
  and Broker) 
  Richard Johnson                     020 7614 5900 
 
 Luther Pendragon (Financial PR)      020 7618 9100 
  Harry Chathli, Joe Quinlan            7digitalIR@luther.co.uk

About 7digital

7digital is the global leader in B2B end-to-end digital music solutions, providing a scalable cloud-based platform that enables companies and brands to connect to its global music catalogue and rights management system to launch and manage unique and engaging music experiences. Operating worldwide in over 80 markets and integrated with more than 300,000 labels and publishers, 7digital's platform automates the complex and time consuming processes of music management, making it easier to access and use music in streaming services, social media, home fitness, gaming, retail and more. With best-in-class infrastructure, deep industry expertise and intelligence tools, 7digital empowers their clients to innovate, grow and serve tomorrow's music consumer. For more information, visit http://www.7digital.com/ .

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(END) Dow Jones Newswires

May 21, 2021 02:00 ET (06:00 GMT)

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