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Business News (more headlines) 02-23-2013

7digital Announces Expansion Into New International Territories

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7digital, the leading open digital music platform, announces the expansion of the company's digital music services into new international territories in South Africa, Asia and South America.

7digital has acquired digital music licensing agreements with major and numerous independent labels in India, Brazil, Argentina, Colombia and South Africa. 7digital is now licensed in 42 countries, further cementing the company's leadership position with the broadest reach of digital music rights globally.

The expansion has also been driven by the continued growth of 7digital's mobile platform and the expansion into streaming services. New streaming partners in 2012 included Samsung and Pure, with 7digital powering subscription streaming services for Samsung's Music Hub app and Pure's radio range, and streaming of purchased content on Sonos devices.

The 7digital API has over 13,500 requests per minute, a 137% increase over January 2012. This has led to significant year-on-year growth in markets with high mobile penetration in particular; the US grew by 180%, while Canada grew by 117%. A full breakdown of growth is given below.

"We've seen strong growth in mobile throughout 2012, and believe it will become the largest platform for music in 2013. The natural route for us is further international expansion in territories where we're seeing strong mobile growth" comments Ben Drury, CEO at 7digital.



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