News
7Digital (AIM: 7Dig), a global leader in B2B end -to -end digital music solutions, is pleased to announce that he has signed a long -term contract with Utopia Music AG, a music fintech company. Utopia is a new customer for the company and points to the increasing demand of 7Digital’s music platform as a service to the music data and intelligence services that it provides access to global sound and trace meta data for various usage situations such as defining music or artist, monitoring publications and monitoring copyright materials.
Utopia music exists to create technology and data accounting to improve the way of paying copyrights of the music industry. Based on a database of more than 213 billion global data points, it optimizes and optimizes data and facilitates management to provide services to help all music value chain, including utopia platform, creators, labels, publishers and performance rights organizations (“professionals”).
7Digital’s global music database features, in addition to Utopia’s current data capabilities, Utopia’s customers will be able to monitor and measure the global consumption of music copyrights. In doing so, Utopia’s customers can benefit from the data for copyright owners to pay faster and more accurate copyright payments.
7Digital’s General Manager Paul Langworthy said: “It is always exciting to guarantee a new customer reflecting the competitiveness of our proposal. Combining Utopia’s new generation monitoring and payment technology with 7Digital’s leading catalog and commodity data will provide up to 100 million songs worldwide and support the faster money of the entire industry at less cost. In addition, we are pleased to provide another contract that provides growth and scales as well as our customer’s business needs. This contract means that the company has increased a 36% increase in platform license for 2021 against 2022, in addition to those signed so far.. We look forward to working with Utopia to support the growth of this music industry -oriented service. “
Paul Gathercole, Chief Data Officer, Utopia Music– in question: “Utopia is the task of presenting ‘fair payment for every game to the music industry. It brings one step closer to opening your lock.
