One Media iP Group Plc Update on Copyright Infringement Claim

 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
                            One Media iP Group Plc 
 
Update on One Media's continuing recovery in the USA of its worldwide copyright 
                              infringement claim. 
 
One Media iP Group Plc (AIM: OMIP), a digital media content provider, which 
consolidates, exploits and monetises intellectual property rights around music 
and video was notified by the Nashville Court that after an application from 
the Hadaway defendants the Group was informed that the Nashville Court had 
retracted its jurisdiction over the Hadaway defendants and vacated its 
judgement. The Group is considering its position on the matter as to furthering 
the matter in the USA. 
 
On 5 May 2015 the Group announced it had filed proceedings in the USA pursuant 
to its belief that its music rights had been exploited without authorisation. 
The Nashville Court ruled in the Group's favour with regard to the actions by 
HHO Licensing Ltd, Henry Hadaway Organisation Ltd and Henry Hadaway personally. 
One Media announced that this litigation was concluded. On 17 September 2015 
the Federal Court in Nashville Tennessee issued a judgment in the sum of 
$781,846 USD against Henry Hadaway, HHO Licensing Ltd and Henry Hadaway 
Organisation Ltd (which includes costs of $9,929 USD) for the wilful 
infringement of 1,466 recordings from the Point Classics catalogue owned 
exclusively by One Media. 
 
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 
Karri Vuori                                                    Tel: +44 (0)20 
7886 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 3400 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

February 20, 2017 02:00 ET (07:00 GMT)