REG-One Media iP Group Plc: Acquisition of Music Catalogue

One Media IPAnnouncement

09/04/2019 07:05

9 April 2019

One Media iP

("One Media", or “OMiP” or the "Company")

Acquisition of Composition Catalogue – Michael William Dulaney

One Media iP Group Plc (AIM: OMIP), the digital media content provider that
exploits intellectual property rights around music, video and copyright
technology, is pleased to announce that it has acquired certain rights
relating to the composition and writers share of the income in the Michael
Dulaney catalogue of songs, an American country music songwriter from
Nashville, Tennessee, for a total consideration of US $850,000, to be
satisfied in cash.

The catalogue comprises 93 of Dulaney’s songs, including some of his major
successes such as; ‘Fly Over States’ ‘Tattoos on This Town’ and
‘Night Train’ recorded by Jason Aldean, which were all USA Platinum
Singles. Additionally, ‘Sunny & 75’ by Joe Nichols was a USA gold single
and ‘Way You Love Me’ by Faith Hill was an award-winning hit. His
highly-acclaimed records ‘Bob That Head’, ‘Things That Matter’ and
‘Close’, written for the multi award-winning American band, Rascal Flatts,
and ‘You Can’t Hide Beautiful’ written for Canadian country musician,
Aaron Lines, are also included in the catalogue.

Michael Infante, CEO of One Media iP, commented: “We are delighted to
announce this acquisition, our second in as many months, and to add the iconic
catalogue of Michael Dulaney to the One Media collection. Michael is an
extremely talented Grammy Nominated  country music songwriter whose records
have received a number of significant accolades. The acquisition demonstrates
our focus on expanding our catalogue strategically, and reflects the growing
demand and enthusiasm for country music globally as streaming continues to
expose listeners to an ever-increasing range of genres.

“With a strong pipeline of opportunities still to evaluate, we now look to
continue building momentum and growing the business, both through further
acquisitions and the promotion of our existing catalogue.”

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

 One Media iP Group Plc                                                                                               
 Michael Infante - Chief Executive Ivan Dunleavy - Chairman  www.omip.co.uk   +44 (0)175 378 5501 +44 (0)175 378 5500 
                                                                                                                      
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 Liam Murray Jo Turner Ludovico Lazzaretti                                                                            
                                                                                                                      
 Panmure Gordon (UK) Ltd (Broker)                                                                 +44 (0)20 7886 2500 
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About One Media iP Group Plc

One Media is a UK listed digital media content provider that exploits
intellectual property rights around music, video and copyright technology.
Driven by the growth in streaming, the Company is dedicated to expanding the
business through acquisition of new content and promotion of its existing
catalogue.

The Company’s consumer-led B2B operation exploits a growing collection of
music and video content by recompiling it for sale via more than 600 digital
music and video store groups across the globe. 

One Media focuses on music performed by well-known artists from every genre,
from classical through to R&B as well as stand-up comedy and spoken word. The
Company also owns the rights to Men & Motors, available for viewing on One
Media’s YouTube Channel. One Media’s library of content is available for
TV shows, movies, adverts and websites requiring synchronised music.

Additionally, the Company has developed the Technical Copyright Analysis Tool
(“TCAT”). TCAT is a SaaS platform developed as a means of automating the
difficult and time-consuming task of monitoring for unauthorised use of
digital music releases.

For further information: www.omip.co.uk



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