Pete Downton Appointed to Executive Director
PRESS RELEASE
7digital (AIM:7DIG), the digital music and radio services company, is pleased to announce the appointment of Pete Downton to the Board as an Executive Director with immediate effect. Pete will continue in his existing role of Chief Commercial Officer.
Pete, 44, joined 7digital in June 2014, assuming overall responsibility for the commercial strategy. He brings more than 15 years of operational and strategic experience within the heart of the nascent digital music and consumer technology businesses.
Prior to 7digital, Pete held key leadership roles at Imagination Technologies, including responsibility for content and consumer experiences across both the Imagination Technologies and PURE businesses. In addition, Pete spearheaded Imagination’s investment in Audioboom.
Before joining Imagination, Pete spent over a decade working for Warner Music Group, holding senior management positions in the company’s International Marketing and Business Development teams. He helped to build Warner Music International’s reputation as one of the most innovative, creative and respected media players in the digital arena and played a key role in establishing ongoing relationships with major global partners such as iTunes, Orange and Vodafone.
Simon Cole, CEO of 7digital, commented: “We are delighted to welcome Pete Downton to the Board. Pete has been working with 7digital for the past 12 months since joining us from Imagination Technologies. He has a wealth of experience in the music industry built up over many years at Warner Music. His skills will be a valuable addition to the Board.”
The following information regarding Peter Downton’s appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:
Other directorships held:
Current:
Thirtynine Ventures Limited
Mr Downton holds 37,038 ordinary shares of 10 pence each in the Capital of the Company.
There are no further disclosures to be made under Schedule 2g of the AIM Rules.
ENDS
7digital Group – 020 7099 7777 – Holly Ashmore, PR and Client Relations Manager
finnCap (nominated adviser and broker) – 020 7220 0500 – Geoff Nash/ Carl Holmes – Corporate Finance
Malar Velaigam/ Mia Gardner – Corporate Broking
Powerscourt – 020 7250 1446 – Juliet Callaghan / Simon Compton
About 7digital
7digital are the power behind innovative digital listening experiences. Their robust, scalable technical infrastructure and extensive global rights are used to create comprehensive music and radio services for leading consumer brands, mobile carriers, broadcasters, automotive systems, retailers, record labels, artists and agencies. Alongside proven product knowledge, 7digital offers award-winning radio production and music curation services, superior editorial strategy and content management expertise, making them a leading partner in this space.
7digital fosters industry growth and innovation by simplifying access to music for clients such as Panasonic, Onkyo, Mariposa, Guvera, OpenLIVE, ROK Mobile, and The Overflow. From years of being the largest independent producer of programming for the BBC, launching Radioplayer in multiple territories and powering services for partners like Samsung, BlackBerry and T-Mobile, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next generation radio services.