Music Platform 7digital Nabs $10 Million In Funding To Expand Its Profitable Activities

view story

http://techcrunch.com – 7digital is one of the oldest player in the digital music industry. The London-based company announced today that it has raised $10 million from two public technology companies. Even though the company is already profitable, it plans to expand its open platform strategy to power even more music services. 7digital is the key element behind Samsung’s Music Hub or the upcoming BlackBerry 10 App World’s music section. Over the years, 7digital’s strategy has shifted a bit. Instead of competing head-to-head against Apple’s iTunes Store, Amazon MP3 or even Spotify, 7digital ha (IT news)