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

One Media IPAnnouncement

28/05/2019 07:05

One Media iP Group Plc

("One Media", or the "Company")

Acquisition of Composition Catalogue – Cole Taylor

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 the writer’s share
for a number of songs written by Cole Taylor, a country singer-songwriter from
Cuthbert, Georgia U.S., for a total consideration of US $260,000 at completion
and a maximum deferred consideration based on financial performance of US
$30,000 within 24 months.

Cole Taylor has quickly become an in-demand country songwriter and the
catalogue acquired by One Media comprises some of his major hits including two
which reached No.1 in the Billboard Country charts, ‘Sippin’ on Fire’,
the Platinum single performed by Florida Georgia Line and ‘Home Alone
Tonight’, performed by the multi-award winning country star Luke Bryan.

Country music consumption continues to grow as the shift to streaming
continues. Country music amassed 50.88 billion streams in 2018, a 46 percent
growth over the 2017 numbers.

Michael Infante, CEO of One Media, commented:  “We are pleased to be
building momentum in our content acquisitions programme and are delighted to
be adding these particular Cole Taylor songs to our catalogue. With a poignant
way of capturing feelings, Cole Taylor has quickly become a hugely
‘in-demand’ country songwriter and a rising star in country music
compositions.”

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 
                                                                                                                      
 Cairn Financial Advisers LLP (Nominated Adviser)                                                 +44 (0)20 7213 0880 
 Liam Murray Jo Turner Ludovico Lazzaretti                                                                            
                                                                                                                      
 Panmure Gordon (UK) Ltd (Broker)                                                                 +44 (0)20 7886 2500 
 James Stearns                                                                                                        
                                                                                                                      
 Yellow Jersey PR (PR & IR)                                                                       +44 (0)20 3004 9512 
 Georgia Colkin Joe Burgess                                                                                           
                                                                                                                      

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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