One Media IP : Renewal of catalogue of recordings with MD Productions

Released : 25 Jan 2017 07:00

                            One Media iP Group Plc

                  ('One Media', the 'Group' or the 'Company')

         One Media renews catalogue of recordings with MD Productions

One Media iP Group Plc (AIM: OMIP), a digital media content provider, which
consolidates, exploits and monetises intellectual property rights around music
and video, is pleased to announce that it has renewed the exclusive rights to
the MD Production music catalogue for recoupable advance of  $18,000 (eighteen
thousand US Dollars). The MD catalogue comprises over 1,000 original recordings
from the 1960s to the 1980s. With performances from artists such as Don Fardon,
The Cockerel Chorus, Dando Shaft, Gill Scott-Heron, Greyhound, Roy Harper,
Johnny Kidd & the Pirates, Kenny and Python Lee Jackson to name just a few. The
tracks have been marketed exclusively by One Media since 2007 on a
royalty-sharing basis. MD Productions has been a long-term music provider and
has received three advances and on-going royalties from One Media throughout
the term.  One Media is pleased to report that it has always fully recouped its
advances throughout the relationship.

MD Productions is headed by Miki Dallon a well-known songwriter and
record producer from the 60s and 70s who also had his own performing career
from the late 50s to the mid 60s.  As a songwriter and producer he scored with
The Sorrows 'Take a Heart' and Neil Christian 'That's Nice', the songs were
also major hits by a variety of artists in most European territories.  Miki
undertook further independent production work for many Major labels throughout
the 70s and 80s, having previously run the Strike and Young Blood labels as
outlets for his productions through the 60s and 70s.  Back in 1958 Miki began
his music career as a rock'n'roll pianist with Vince Taylor and Marty Wilde.
He followed up with his own group the Medallions appearing on TV shows like 6.5
Special, before teaming up with Mickie Most as a group The Minute Men in 1964.

Commenting on the deal, Michael Infante Chairman and CEO said 'We have
represented the exclusive digital rights for over 10 years and we very much
look forward to continuing with this great catalogue of rights. Miki's insight
and passion for business is the same now as it was 50 years ago, he is a
legend.'

One Media iP Group Plc

Chairman and Chief Executive

Michael Infante                Tel: [phone]
                               5500

One Media iP Group Plc

Corporate Communications

Alice Dyson-Jones              Tel [phone]
                               5501

Cairn Financial Advisers LLP

Nominated Adviser

Liam Murray / Jo Turner        Tel: [phone]
                               0880

Panmure Gordon (UK) Limited

Broker

Karri Vuori                    Tel: [phone]
                               2500

Notes to Editors

Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner
and controller of rights within the digital arena concerning music, video and
digital distribution. The consumer led but B2B (Business-to-business) operation
looks to exploit its catalogue of over 250,000+ music tracks and over 10,000
hours of video by recompiling the content for sale through over 600 digital
music and video stores groups worldwide.  The Company has a team of Creative
Technicians, all of whom are YouTube certified, who digitise the content,
create the metadata, re-compile and prepare the digital music & video releases
using bespoke in-house developed software. Additionally, One Media makes its
library of content available for TV shows, movies, adverts and websites
requiring synchronised music. One Media focuses on music performed by
well-known artists from every genre, including; pop, rock, reggae, R&B,
children's music, karaoke, jazz, soul, blues, rap, hip-hop, gospel,
world-music, plus stand-up comedy, spoken-word. In July 2014 the Group acquired
for a consideration of USD$1.6m the Point Classics classical music library
bringing the number to over 10,000 classical tracks now available to the Group
for exploitation. The Group owns all the rights to the Men & Motors (originally
Granada/ITV) TV shows originally aired on British TV between 1996 and 2010.
Comprising of over 3500 shows is available for viewing on the Groups YouTube
Channel. Recently the Group has developed a content discovery and policing
software service 'Technical Copyright Analysis Tool' (TCAT) as a new service to
record companies, publishers and law firms searching information of artist and
tracks on legitimate digital stores.  One Media is eligible for Enterprise
Investment Schemes ('EIS') and Venture Capital Trusts ('VCT'). The company is
profitable, cash resourced and has operated an active dividend policy since
2011.