REG-One Media iP Group Plc: Acquisition of Rights

One Media IPAnnouncement

22/06/2021 07:05

One Media iP Group Plc

("One Media” or the "Company")

Acquisition of Rights

One Media iP Group Plc (AIM: OMIP), the digital music rights acquirer,
publisher and distributor, is pleased to announce that it has acquired the
producer royalties to three Heatwave’s albums produced by the legendary
record producer Barry Blue: ‘Too Hot To Handle’ (1976), ‘Central
Heating’ (1978) and ‘Current’ (1982) (“Acquisition”).

One of the UK’s most respected musicians - songwriter, producer, and artist
Barry Blue , has sold his producer royalties to the iconic 1970s disco band
Heatwave, including the hits ‘The Groove Line
(https://open.spotify.com/track/3ptTr5IwiVaLcRDqfIypMs?si=07131f6887cb460a)’
(1978), ‘Always and Forever’ (1976), ‘Mind-Blowing Decisions’ (1978)
and the million-selling global smash ‘Boogie Nights
(https://www.youtube.com/watch?v=Z7g6_n7AW8g)’ (1976), credited as one of
the defining songs of the disco age.

The Acquisition was completed under One Media’s innovative  Harmony iP
(https://www.harmonyip.com/) equity release scheme, One Media will use its
‘Technical Copyright Analysis Tool’ (TCAT (http://www.tcat.media/)) to
monitor Barry Blue’s songs with Heatwave across 600 digital music stores
globally, 24 hours a day.

One Media recently closed similar deals with Take That
(https://www.cityam.com/greatest-day-one-media-ip-snaps-up-take-that-producer-royalties/) producer
Ian Levine and Culture Club record producer Steve Levine
(https://www.stockmarketwire.com/article/7205987/One-Media-iP-acquires-royalties-for-tracks-produced-by-Steve-Levine.html).  In
May 2021, the Company acquired over 250 songs from 80’s pop star Kid Creole
and the Coconuts.
(https://www.theguardian.com/music/2021/may/04/red-hot-chili-peppers-sell-hipgnosis)

The Acquisition has been funded through the Company’s existing cash
resources.  The Acquisition is in line with management’s expectations and
the Company’s business plan.

Barry Blue said: “I am extremely proud of my work with Heatwave and look
forward to working with One Media iP to ensure that the legacy and integrity
of the catalogue is preserved and future-proofed in the best way possible,
using OMIP’s TCAT technology of which is extremely impressive. It’s hard
to believe I am now looking back at a 50-plus year career, and with this new
partnership I hope to ensure that my music will be heard for generations to
come.

“It is important I do as much as I can to protect and promote the legacy of
my music. It is a lifetime’s work and one that I am immensely proud of.
Partnering with One Media will allow access to their advanced royalty tracking
software.”

Michael Infante, CEO of One Media iP said: “Barry Blue has created a body of
work over the last 50 years as a song-writer, producer and artist that few can
rival. Our deal with his Heatwave catalogue will ensure his legacy is
protected and preserved for many years to come.” 

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

-Ends-

 One Media iP Group Plc Michael Infante – CEO Alice Dyson - COO Claire Blunt – Chairman       +44 (0)175 378 5500 +44 (0)175 378 5501 
 Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray Jo Turner Ludovico Lazzaretti                       +44 (0)20 7213 0880 
 Cenkos Securities plc (Broker) Giles Balleny Max Gould Michael Johnson (Sales)                                   +44 (0)20 7397 8900 
 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 connected Wi-Fi enabled smart TV’s via its web site
www.menandmotors.com and YouTube.

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 and
http://www.harmonyip.com/

About Barry Blue

One of the UK’s best-selling all-round talents, as a songwriter, producer
and pop star, Barry Blue has sold more than 45 million records, had
approximately 50 world-wide hits and has registered more than half-a-billion
streams.

Barry Blue was first spotted by a young Tim Rice, who worked for Cliff
Richard’s manager Norrie Paramour in 1963, after winning a TV talent show,
aged just 13.

Barry was formally the bass player in the Band “Spice”, who went on to
become “Uriah Heep”. He then went to work with the Bee-Gees to advance his
song writing, before scoring five UK hits as a solo artist in the early 1970s.
Other song-writing hits included the No.1 hit from Lynsey de Paul "Sugar Me"
(1972), Toto Coelo ‘I Eat Cannibals’ (1982) and Five Star “All Fall
Down” (1985), and the top 3 hit “Escaping” by Dina Carroll, in 1996.

Blue’s production career has included work with Diana Ross, Celine Dion,
Bananarama, Andrea Bocelli, The Saturdays and Pixie Lott.



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