One Media iP Group Plc Renewal of catalogue of recordings with MD Productions

 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
         One Media renews catalogue of recordings with MD Productions 
 
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 renewed the exclusive rights to 
the MD Production music catalogue for recoupable advance of  $18,000 (eighteen 
thousand US Dollars). The MD catalogue comprises over 1,000 original recordings 
from the 1960s to the 1980s. With performances from artists such as Don Fardon, 
The Cockerel Chorus, Dando Shaft, Gill Scott-Heron, Greyhound, Roy Harper, 
Johnny Kidd & the Pirates, Kenny and Python Lee Jackson to name just a few. The 
tracks have been marketed exclusively by One Media since 2007 on a 
royalty-sharing basis. MD Productions has been a long-term music provider and 
has received three advances and on-going royalties from One Media throughout 
the term.  One Media is pleased to report that it has always fully recouped its 
advances throughout the relationship. 
 
MD Productions is headed by Miki Dallon a well-known songwriter and 
record producer from the 60s and 70s who also had his own performing career 
from the late 50s to the mid 60s.  As a songwriter and producer he scored with 
The Sorrows 'Take a Heart' and Neil Christian 'That's Nice', the songs were 
also major hits by a variety of artists in most European territories.  Miki 
undertook further independent production work for many Major labels throughout 
the 70s and 80s, having previously run the Strike and Young Blood labels as 
outlets for his productions through the 60s and 70s.  Back in 1958 Miki began 
his music career as a rock'n'roll pianist with Vince Taylor and Marty Wilde. 
He followed up with his own group the Medallions appearing on TV shows like 6.5 
Special, before teaming up with Mickie Most as a group The Minute Men in 1964. 
 
Commenting on the deal, Michael Infante Chairman and CEO said "We have 
represented the exclusive digital rights for over 10 years and we very much 
look forward to continuing with this great catalogue of rights. Miki's insight 
and passion for business is the same now as it was 50 years ago, he is a 
legend." 
 
One Media iP Group Plc 
 
Chairman and Chief Executive 
 
Michael Infante                Tel: [phone] 
                               5500 
 
One Media iP Group Plc 
 
Corporate Communications 
 
Alice Dyson-Jones              Tel [phone] 
                               5501 
 
Cairn Financial Advisers LLP 
 
Nominated Adviser 
 
Liam Murray / Jo Turner        Tel: [phone] 
                               0880 
 
Panmure Gordon (UK) Limited 
 
Broker 
 
Karri Vuori                    Tel: [phone] 
                               2500 
 
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

January 25, 2017 02:00 ET (07:00 GMT)