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

One Media IPAnnouncement

10/07/2019 07:05

                                                                                                                                               
10 July 2019

One Media iP Group Plc

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

Acquisition of hit single – Daniel Bashta

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 publishing and
writer’s share of income of the hit single, “God’s Not Dead”, written
by Daniel Bashta, an American contemporary Christian singer and songwriter,
for a total consideration of $725,000.

Originally titled, “Like A Lion” and performed by Passion on the 2010
album “Passion: Awakening” the song was renamed “God’s Not Dead”
when covered by the Christian band Newsboys and released on their album
“God’s Not Dead” in October 2011. 

Following its release in 2011, “God’s Not Dead” became a major Christian
Radio hit, reaching No.2 in June 2012 after spending 22 weeks on the Billboard
Hot Christian Songs. The song charted again in 2014 after the release of the
successful movie of the same name, God’s Not Dead. The film has since
spawned two sequels and, as a series has grossed nearly $100m. The track has
featured in all three films as the signature song.

“God’s Not Dead” continues to perform strongly across digital platforms
with over 88m hits on YouTube and a current Spotify streaming count of 47m.

Michael Infante, CEO of One Media, commented:  “Contemporary Christian
music has achieved growth over the years with a number of artists also
expanding their reach through crossover to mainstream audiences. We are always
on the lookout for music from any genre that has had success in the
international charts and “God’s Not Dead” not only ticks this box, but
also brings the additional value of being coupled with a film synchronisation
benefit. We are delighted to have acquired the income from Daniel Bashta’s
platinum selling single. Bashta has received great acclaim in the music
industry and the fact that this single continues to perform so well almost a
decade after its original release is testament to its longevity.” 

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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