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

One Media IPAnnouncement

22/07/2019 07:05

22 July 2019

One Media iP

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

Payment of deferred consideration pursuant to acquisition of Locomotive
Records Music Catalogue

On 25 February 2019, One Media iP (AIM: OMIP), the digital media content owner
which exploits intellectual digital property rights around music, video and
copyright technology, announced the acquisition of the music catalogue of
Locomotive Records, an independent record label based in Spain.

The total consideration for the acquisition of the Locomotive Records
catalogue was US $750,000, to be satisfied from the Company’s available cash
resources, of which US $550,000 was paid immediately with a further US
$200,000 in deferred payment. The Company announces the deferred consideration
has now been paid.

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 omip@yellowjerseypr.com                                                                  

About One Media iP Group Plc

One Media iP is primarily a music rights owner and digital
distributor focused on the acquisition and exploitation surrounding recorded
music, publishing, the writers share of income and video intellectual property
'Rights'. The Company has a deep understanding of digital content and the
various industry monetisation models and, as such, offers Rights Owners  a
route in which to divest their music IP holding and for investors to share in
its potential success in corporate growth.

The Company is growing through targeted acquisitions of music content,
expanding into various genres and territories that stand to see increased
returns driven by the global growth of streaming. Its team of in-house
creative technicians then ensure that its existing and newly acquired content
reaches its full potential for monetisation, by digitising it and creating the
highest quality metadata prior to ingesting to over 600 digital retailers such
as iTunes, Spotify, Amazon, YouTube and Google Play globally. In addition, the
Group’s music is widely used for synchronization in film, TV and digital
gaming. The group also operates over 20 You Tube channels as a certified
partner.

One Media has created and developed the Technical Copyright Analysis Tool
(“TCAT”), a SaaS product monitoring where tracks appear, safeguarding
copyright, and providing invaluable data regarding distribution opportunities
for its creative technicians. This tool is not only employed for Company use
but also licenced and operated in partnership with major music distributors
and major record labels.

For further information: www.omip.co.uk



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