Picture of One Media IP logo

OMIP One Media IP News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMicro CapNeutral

REG-One Media iP Group Plc: Major International Music Record Label Signs Contract <Origin Href="QuoteRef">OMIP.L</Origin>

One Media iP Group Plc

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

Major International Music Record Label Signs Annual Contract to use TCAT

And Notification of Results

One Media iP Group Plc (AIM: OMIP), a digital and technical media content
provider, which consolidates, exploits and monetises intellectual property
rights around music and video, is pleased to announce that another major
international music label has signed an annual contract to utilise the
services of its Technical Copyright Analysis Tool (“TCAT”). The contract
will commence with immediate effect.

Under the terms of the contract, the major international record label will use
the TCAT services to monitor music conflicts and potential copyright
infringements. Following two years of development the deal will see the
further commercialisation of TCAT on an annual contract basis. One Media’s
continued move into technical services around music data has been underpinned
by the expansion of its in-house team of software developers. TCAT
(www.tcat.media) is designed to both search and analyse large data sets within
digital stores internationally.

The Company also confirms that its Full Year results for the year ending 31
October 2017 will be announced on the 26 February 2018.

Michael Infante Chairman & CEO of One Media commented:

“I am delighted to report that TCAT has signed its second international
client. We have expanded the service in line with our customer's exacting
brief and resourced it accordingly. This is a further demonstration of our
technology’s ability to fulfil the music market’s necessity for big-data
information and the tools to analyse it and customise it to the clients’
individual needs.”

For further information on TCAT please see http://www.tcat.media

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

For further information, please contact:

 One Media iP Group Plc  Michael Infante, Chairman and Chief Executive Alice Dyson-Jones, Communications   +44 (0)175 378 5501 +44 (0)175 378 5500 
                                                                                                                                                   
 Cairn Financial Advisers LLP (Nominated Adviser) Liam Murray, Jo Turner                                                       +44 (0)20 7213 0880 
                                                                                                                                                   
 Panmure Gordon (UK) Ltd (Broker) James Stearns                                                                                +44 (0)20 7886 2500 
                                                                                                                                                   
 Luther Pendragon Ltd (Financial PR) Harry Chathli, Claire Norbury                                                             +44 (0)20 7618 9100 

Notes to Editors

Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner
and/or controller of rights within the digital arena concerning music, video
and digital distribution. It is a B2B (business-to-business) operation, that
is consumer led which looks to exploit its catalogue of over 250,000 music
tracks and over 10,000 hours of video by recompiling its content for download,
streaming and sub licensing through over 600 digital music and video stores
worldwide.

The Group has a team of Creative Technicians, all of whom are YouTube
certified, who digitise the content, create the metadata, re-compile and
prepare the digital music & video releases using bespoke in-house developed
software. Additionally, One Media makes its library of content available for
TV shows, movies, adverts and websites requiring synchronised music. One Media
focuses on music performed by well-known artists from every genre, including
pop, rock, reggae, R&B, children's music, karaoke, jazz, soul, blues, rap,
hip-hop, gospel and world-music, plus stand-up comedy and spoken-word. In July
2014 the Group acquired, for a consideration of USD$1.6m, the Point Classics
classical music library bringing the number to over 10,000 classical tracks
now available to the Group for exploitation. The Group owns all the rights to
the Men & Motors (originally Granada/ITV) TV shows originally aired on British
TV between 1996 and 2010. Comprising over 3,500 shows, Men & Motors is
available for viewing on the Group’s YouTube Channel.

Recently the Group has developed a content discovery and policing software
service, 'Technical Copyright Analysis Tool' (TCAT), as a new service to
record companies, publishers and law firms searching information of artists
and tracks on legitimate digital stores. One Media has been previously
eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts
("VCT").



Copyright (c) 2018 PR Newswire Association,LLC. All Rights Reserved

Recent news on One Media IP

See all news