7digital share price hit as Blackberry shutters music download store

Murray Stassen

7digital has seen a drop in its share price this week after it was revealed that one of the B2B digital music provider's biggest clients, Blackberry, would be closing its music and video download store.

7digital has, however, stressed that its loss of Blackberry’s business will not affect its forecast of £14.3 million in revenue for this year and that it is till working with the smartphone maker on other music solutions.

BlackBerry’s World music and video service is set ...

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