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IN BRIEF: 7digital to livestream Hangout Music Festival in US

ALN

7digital Group plc - London-based music licensing provider - Says it has partnered once again with AEG Presents to livestream Hangout Music Festival, taking place this coming weekend in the US state of Alabama. The festival will feature more than 50 artists, spanning music genres. AEG Presents is a live entertainment company.

7digital Chief Executive Officer Paul Langworthy says: ‘In furthering our relationship with AEG Presents, a world leader in the music and entertainment industries, we will be working with some of the biggest artists in the world and cementing eMusic Live's position as the platform of choice to support and serve world-class artists.’

Current stock price: 0.25 pence, down 2.4% on Friday morning

12-month change: down 80%

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