DGTL Holdings Inc. (TSX-V:DGTL, OTCQB:DGTHF) said its wholly-owned flagship subsidiary Engagement Labs Inc has secured an annual multi-service contract relating to its TotalSocial platform with a global leader in digital audio content.
The agreements include four prolific new title launch studies and a one-year Platform-as-a-Service (PaaS) contract with a total value of nearly $1 million, with options for contract renewal.
The client is a subsidiary of a multinational technology leader which is listed on Nasdaq with a market capital of US$1.1 trillion, DGTL noted. It said Engagement Labs has nurtured this long-term key account relationship from the proof-of-concept study level to the current seven-figure renewable annual PaaS services agreement.
"We are thrilled to extend our long-term relationship with this world-class client,” chief commercial officer of DGTL Steven Brown said in a statement.
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The client is now leveraging the TotalSocial platform's authority in delivering valuable data and analytics that empower, validate and inform the brand initiatives of Fortune 100 clients, while supporting forecasting acquisition, sales and marketing goals to maintain a global leadership position.
“The fact that one of the largest digital audio content brands in the world has chosen our proprietary data analytics processes speaks volumes about the power of the TotalSocial platform,” added Brown.
“This seven-figure contract was earned through consistently providing high-quality data and insights that empower our client's ability to innovate and develop their core programming while highlighting well-crafted storytelling, growing their user base, and maximizing retention and usage."
DGTL said the contract extension is an example of the continued diversification of Fortune 100 level clients under DGTL management, which now includes gaming, over-the-top (OTT) companies, streaming, global news, digital and entertainment media brands, top CPG conglomerates and broadcast television channels.
DGTL also announced that it will be hosting a video webinar on Wednesday, July 6, 2022, which will include a CEO update on the company and its current operations and future business interests.
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