7digital Announces New Clients In Streaming, Social And Radio
April 24, 2015 at 7:45 AM (PT)
7DIGITAL scores several contract wins since the announcement of its preliminary results on MARCH 24th. These include four new customers and the expansion of two existing contracts into new territories. Taken together, over their duration, the contracts have total value of £1.8 million, which includes both set up fees and monthly recurring revenues.
“We are thrilled to continue the momentum created in our first year since the merger and to have signed on such a varied roster of clients in the last few weeks,” said CEO SIMON COLE. “It’s particularly pleasing to see one of the key areas which we identified for growth -- the radio industry -- starting to deliver significant business. Our skills and technology sit at the meeting place of radio and streamed music and we see a lot of potential in the client products we are working closely with.”