7digital Group Plc signs contract with Digital Platform Triller; stocks surge over 30%

  • Aug 12, 2020 BST
  • Team Kalkine
7digital Group Plc signs contract with Digital Platform Triller; stocks surge over 30%

 

7digital Group Plc (LON: 7DIG) has signed a contract with Digital Platform Triller to Power the world's fastest-growing social music video app with its Music Platform-as-a-Service offering.

  • Triller, the viral music app and digital platform is regularly breaking new music, lifestyle and dance trends.
  • As per the agreement, the company will provide Triller with access to its global catalogue of more than 80 million tracks by licensing its API for music sampling and full-length audio streaming.
  • The company has further stated that the new agreement is for an initial minimum term of 18 months and begins immediately.
  • On 12August 2020, at the time of writing, GMT 08:50 AM, 7DIG shares were trading at GBX 77, up by 0.18 points or 30.77% against the previous day closing price.

 

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