REG - One Media iP Group - Acquisition of Rights

One Media IPAnnouncement

11/03/2022 07:00

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RNS Number : 4204E  One Media iP Group PLC  11 March 2022

One Media iP Group Plc

("One Media" or the "Company")

Acquisition of Orbital Digital Ltd/Rapier Music's

income from its catalogue royalties

 

One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer,
publisher and distributor, is pleased to announce that it has acquired the
licensor's share of the royalties to the Orbital Digital Ltd catalogue of
rights ('the Catalogue'), which contains several thousands of recordings.

 

As part of the deal, One Media has acquired the licensor's income share of the
catalogue on an in-perpetuity basis, which opens a new route of income and
profit for the group.  Distributed by FUGA, the Dutch content distributor
which will additionally be a new distributor to the group for this catalogue.

 

Orbital/Rapier Music features more than 40 branded labels across all the known
digital platforms; African Lives, All About Blues, Travelscape Records, The
Music Shed, Rapier Music, and Sunflash to name just a few of the imprints.

 

The Catalogue ranges from classical through to Dance/Hip Hop and features a
wide range of artists such as; Jose Carreras, Jo Jo Adams, Kool & the
Gang, Irish Tenor Trio, Alexandra O'Neal, Joe Strummer, Sid Vicious, Chic, Lee
Perry, The Lambrettas, Dread Filmstone, Sex Pistols, Suketu, Col Abram,
Psy-Co-Billy, Rachel Porter's all female Orchestra, Ebn ozn.

 

The acquisition, which was in the normal course of business and is in line
with management's expectations and the Company's business plan, was completed
through One Media's Harmony IP asset release programme.  Harmony IP allows
music rights holders advanced access to the future earnings of their
intellectual property by purchasing a portion of their rights
upfront. www.harmonyip.com (http://www.harmonyip.com)

 

 

Michael Infante, CEO of One Media iP, commented: "We have been a licensee of
Orbital's sister company for over 15 years and have had a successful trading
relationship. We have distributed under license their copyrights, and this
move of buying out their own routes to the consumer market begins to
consolidate labels competing with the group.

 

 The Harmony IP initiative is open to all of our existing licensors and
allows One Media to increase its profitability using its cash resource to
acquire our partners' royalty streams. We look forward to keeping the market
updated on our progress."

-Ends-

The person who arranged the release of this information is Michael Infante,
Chief Executive Officer of the Company.

 One Media iP Group Plc                            +44 (0)175 378 5500

Michael Infante - CEO

Claire Blunt - Chairman
+44 (0)175 378 5501
 Cairn Financial Advisers LLP (Nominated Adviser)  +44 (0)20 7213 0880

Liam Murray
 

Jo Turner

Ludovico Lazzaretti
 Cenkos Securities plc (Broker)                    +44 (0)20 7397 8900

 Giles Balleny

 Max Gould

 Michael Johnson (Sales)

 Pete Flatt / PPR Publicity

                                                   +44 (0)7930 304301

About One Media iP Group Plc

One Media is a digital music rights acquirer, publisher and distributor. The
Group specialises in purchasing and monetising intellectual property rights
with proven, repeat income streams.  One Media adds value to its content by
maximising its availability in over 600 digital stores globally, including
Apple Music, YouTube, Amazon and Spotify.

 

One Media's music is also widely used for synchronisation in film and TV
whilst its video content is primarily viewed on YouTube where One Media
operates over 20 YouTube channels as a certified partner. Additionally, its
www.tcat.media copyright infringement and digital music audit tool software
TCAT, is used daily with major record labels and the world leading digital
international distributor. Men & Motors its branded car channel is now
available via YouTube www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg
(https://www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg)

 

One Media is listed on the London Stock Exchange on the AIM index, under the
symbol 'OMIP'.

 

For further information, please visit www.omip.co.uk (http://www.omip.co.uk)
 and www.harmonyip.com/ (http://www.harmonyip.com/)

 

 

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