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7digital wins contracts of GBP 2.3 mln in Q1

Monday 23 April 2018 | 14:36 CET | News
7digital won contracts with a lifetime value of GBP 2.3 million in the first quarter, matching the company's expectations, with revenues slightly ahead of budget. The impact of these contracts contributed to total licensing revenues for Q1 of GBP 3.6 million; this compares with total licensing revenues of GBP 1.6 million the year before. Among the contract wins and service launches in the quarter were deals with a music service for retail, a new live music experience company, and another China-based social network following on from the company's existing contract with musical.ly.

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Categories: Internet
Companies: Gracenote / Nielsen / Universal Music
Countries: United Kingdom / World
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