One Media iP Group PLC Acquisition of Owl Records International Ltd Catalogue

 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
 One Media acquires the Owl Records International Ltd catalogue of recordings 
 
One Media iP Group Plc (AIM: OMIP), a digital media content provider, which 
consolidates, exploits and monetises intellectual property rights around music 
and video, is pleased to announce that it has acquired the exclusive rights and 
ownership to the to the Owl Music Catalogue on a complete buy-out basis for EUR 
21,000 (twenty one thousand Euros). The Owl catalogue comprises of over 1100 
Irish folk and Celtic music original recordings. The tracks have been marketed 
by One Media over the last eight years on royalty sharing basis. 
 
Owl Records, was established in 1997. It developed a diverse catalogue of over 
90 albums, mainly in the Celtic folk, traditional and new age genres. Original 
percussive arrangements of best loved classical compositions are also included 
in the catalogue. There is additionally a varied range of Christmas albums. 
Unique to the catalogue is the 'Counties of Ireland' series, a 350 strong 
collection of songs drawn from the 32 counties of Ireland. Dagda's four Celtic 
new age albums spent over 100 weeks in the American New Age radio charts and 
provided the trailer sound track for an Oscar winning film. Their only dance 
album is 'Raverdance ­ Celtic Clubland'. Rob Strong, father of Commitments star 
Andrew Strong has two albums in the catalogue which also includes some 
childrens' story collections. Each of Owl's six Mystical Ireland albums reached 
gold or platinum status in Ireland. Artists include Owl's founder and director 
Reg Keating, who is also the man behind Dagda's soul singer Rob Strong, popular 
Irish crooner Sonny Knowles, New Ireland Orchestra and balladeer/troubadour Tom 
Donovan. All Owl recordings were produced in its own studio in Ireland. 
 
Commenting on the deal, Michael Infante Chairman and CEO said "I have known Reg 
for over 10 years as a licensor to the group and the catalogue has always been 
our 'corner stone' of Irish music. As Reg now retires and One Media takes full 
control of the catalogue, we look forward to continuing the exploitation and 
further developing the marketing of his music. Its a great collection 
beautifully recorded of internationally known Irish tracks and I am pleased to 
welcome it into our collection. We will have a good reason to raise a 'jar' on 
the 17th March next year" 
 
One Media iP Group Plc 
 
Chairman and Chief Executive 
 
Michael Infante                       Tel: [phone] 
 
One Media iP Group Plc 
 
Corporate Communications 
 
Alice Dyson-Jones                     Tel [phone] 
 
Cairn Financial Advisers LLP 
 
Nominated Adviser 
 
Liam Murray / Jo Turner               Tel: [phone] 
 
Panmure Gordon (UK) Limited 
 
Broker 
 
Fred Walsh                            Tel: [phone] 
 
Notes to Editors 
 
Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner 
and controller of rights within the digital arena concerning music, video and 
digital distribution. The consumer led but B2B (Business-to-business) operation 
looks to exploit its catalogue of over 250,000+ music tracks and over 10,000 
hours of video by recompiling the content for sale through over 600 digital 
music and video stores groups worldwide.  The Company 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, 
world-music, plus stand-up comedy, 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 of over 3500 shows is available for viewing on the Groups 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 artist and 
tracks on legitimate digital stores.  One Media is eligible for Enterprise 
Investment Schemes ("EIS") and Venture Capital Trusts ("VCT"). The company is 
profitable, cash resourced and has operated an active dividend policy since 
2011. 
 
 
 
END 
 

(END) Dow Jones Newswires

August 24, 2016 02:00 ET (06:00 GMT)