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7digital agrees partnership deal with ACCESS

28th Mar 2019 08:00

RNS Number : 2250U
7digital Group PLC
28 March 2019
 

28 March 2019

RNS REACH

 

7digital Group plc

 

("7digital" or "the Company")

 

7digital agrees partnership deal with ACCESS

 

7digital (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, is delighted to announce a significant partnership in the "connected car" sector. The development of music and radio services in the rapidly expanding market for cars that are connected directly to the internet has always been strategically important for 7digital.

 

The Company can today announce a deal with ACCESS CO. Ltd ("ACCESS"), a global provider of software solutions powering 1.5 billion devices worldwide to enable cutting-edge connected entertainment services in and out of the home, including radio services in the car. Under the terms of the agreement, 7digital will pre-integrate its IP radio services and APIs into ACCESS' recently launched ACCESS Twine™ for Car multimedia content service platform for automotive manufacturers.

 

ACCESS Twine for Car provides a white-labelled infotainment services platform for the car industry, enabling drivers and passengers to access the latest entertainment from the comfort of their seats. The unique platform capitalises on increasing in-car connectivity, bringing a wider range of audio services to drivers and passengers and enabling internet radio to integrate with existing broadcast services. The platform will, in the future, also allow for additional functionality, such as 'listen again' programming and on-demand podcasts, alongside new business models such as targeted advertising and recommendations.

 

ACCESS Twine for Car will be showcased at the In-vehicle Experience (North Hall, booth #IVE-4) at NAB Show 2019 (Las Vegas, April 6-11, 2019).

 

Commenting on the partnership, Simon Cole, CEO of 7digital, said: "The connected car opens up a new world of in-car entertainment and represents a clear opportunity for radio to take advantage of its central position on the dashboard. We saw an enormous level of activity in this sector at CES this year and are thrilled to be able to announce this first partnership with ACCESS, who are pioneers in the connected car environment. We think the ACCESS Twine for Car platform is groundbreaking and look forward to developing it together." 

 

 

For further information please contact:

 

7digital

020 7099 7777

 

Simon Cole, Chief Executive

 

David Holmwood, Interim Chief Financial Officer

Holly Ashmore, PR Manager

 

 

Arden Partners (nominated adviser and broker)

 

020 7614 5900

 

Ruari McGirr/ Tom Price/ Benjamin Cryer - Corporate Finance

 

Yellow Jersey PR

Georgia Colkin

Charles Goodwin

[email protected]

 

 

 

 

 

 

+44 (0)7825 916 715

+44 (0)7747 788 221

 

 

 

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.

 

 

About ACCESS

 

Since 1984, ACCESS CO., LTD. (Tokyo Stock Exchange Mothers Index, 4813) has provided advanced IT solutions centered around mobile and network software technologies to telecom carriers, consumer electronics manufacturers, broadcasting and publishing companies, the automotive industry and energy infrastructure providers around the world. The company develops mobile software solutions that have been installed on over 1.5 billion devices, and network software solutions that have been used by over 300 telecommunication equipment manufacturers. Utilizing its network virtualization technology skills and knowledge, the company is currently focusing on the development and commercialization of Internet of Things (IoT) and media solutions that combine embedded and cloud technology. Headquartered in Tokyo, Japan, the company operates subsidiaries and affiliates in Asia, Europe and the United States to support and expand its business globally. Learn more about ACCESS at https://www.access-company.com.

 

© 2019 ACCESS CO., LTD. All rights reserved.

ACCESS, the ACCESS logo, and NetFront are registered trademarks or trademarks of ACCESS CO., LTD. in the United States, Japan and/or other countries. All other trademarks, logos and trade names mentioned in the document are the property of their respective owners.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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