One Media Ip Share Discussion Threads

[m1shake] 30/6/2015 13:44

Harrogate - sell its IP - do you even know what the company does?

Baby and bath water my friend comes to mind.

So do you suggest they sell their IP return the cash and go and watch Wimbledon. ?

[capt bligh] 30/6/2015 12:38

From the web site:

Today Apple launches a new streaming music service. Here’s what you need to know before you jump in.

Apple Music is a brand new on-demand music subscription service offering access to Apple’s complete music library for £9.99 a month. The service combines your own purchased music with Apple’s catalogue of 30 million songs, letting you listen to specific artists, or check out personally curated music from the service’s music editors. Instead of having to spend £0.79 every time you want to purchase a new track your subscription buys you full access — but unlike it’s competitors Apple’s service will be curated by humans, not algorithms, and that will better help you find the music you like to hear. The Apple radio will also have real humans doing the curation.

Our view… the decision to try out the new service is a no-brainer. It’s free for three months and finally being able to combine your downloads with a streaming service that ultimately delivers you more of the music you love in a way that Apple only can…

What does this mean for content owners? Well, Apple have been responsive to our concerns and owners will still be paid for streams during the free trial. We are confident that the finalised deal is in the best interests of all of our label clients and we are excited about the prospects of this new service.

[harrogate] 30/6/2015 07:34

M1Shake thanks for the science lesson as a classicist it is much needed!! - I am afraid that just because other companies in a similar area have lost high % of value for their shareholders doesn't make me feel better about the 50% I have lost here. I can fully appreciate that the market is changing rapidly and that management are not magicians with a magic wand and that OMIP is a well run and conservative company that has amassed a fine catalogue. BUT we seem to be struggling to grow profits and until we see how that can be done I am not sure why the share price will move. Let's hope the powder isn't kept dry for ever as if the company can't work out what to do with the cash it should perhaps look to return it to the shareholders and maybe even look to sell all the IP.

[m1shake] 29/6/2015 19:41

White noise was analogue interference - Digital noise is silent - I like the confusion in this space - only for the brave hearts though

As for decent money - its a 2.9m biz what are you expecting?

Have you looked at Rightster the darlings of yesterday in this space - from 75 to 15 - bet their investors are happy
and Audio boom another lovey of the exchange 6p !

OMIP Powder and Dry -

[harrogate] 28/6/2015 14:28

Still here but all this stuff is noise until we have start to understand how we are going to make decent money in the new streaming landscape -

[microscope] 27/6/2015 18:52

Am I the only one left? :(

Nice piece of news today

[microscope] 09/6/2015 15:43

I presume this refers to One Media

'Michael Infante ‏@MichaelInfante4 1m1 minute ago
Apple confirm Streaming Site - we are in !'

If it does, it should bring much more visibility to our target market, even if it might take a little time to filter through to bottom line. Should have a very nice short/medium term boost imho.

Well worth an RNS imho and hopefully will be very well received. We can but hope anyway! :)

[capt bligh] 28/5/2015 09:05

encouraging update

[capt bligh] 19/5/2015 14:45

We have signed Juliette Ashby childhood friend of Amy Winehouse (RIP and film!) see. OMIP homepage.

[dibs61] 05/5/2015 12:16

What do we think of the announcement today? MI doesn't seem the sort of chap to do something without careful consideration and caution. Therefore he must feel they have a strong chance of success and I note he said they were 'forced' into taking this legal action. This suggests that OMIP had dialogue with the transgressors without success?

[cheshire man] 27/4/2015 15:11

FB

One Media iP
4 hrs ·

Letter form a Shareholder (his name removed under data protection)
Dear Sir

Thank you for the email.
We are keen to make acquisitions but not at a ridiculous cost to shareholders. You may be/or not aware that I hold 36% of the shares currently, so I will especially not want to see senseless dilution.
Market forces are a strange thing however, and it will be 'sods law' that a deal that involves a placing comes at at time when share price is low (as is now) The dilemma always is whether or not the diluted effect offsets the acquisitive gain? This I am sure we could discuss for hours but is always a great subject of hindsight!
best wishes
Michael
---------- Forwarded message ----------
From: OMIP SHareholder Date: 26 April 2015 at 11:28
Subject: Investor question - FAO Michael Infante
To: [e-mail]
Hi Michael,
As a current shareholder I have a question ref your reference to future funding of acquisitions. You have mentioned on a number of occasions utilising ‘AIM currency’ when the opportunity arises. Can you assure me that, when the time arrises, any placing will not be done at a major discount to the many stock flipping establishments that seem to plague AIM. Want to continue to buy the stock as I see it as a fantastic long-term investment (especially at this price!) however, this is playing on my mind.
Regards,
A Shareholder

[capt bligh] 22/4/2015 15:24

A recent trade study of the music business during 2014 (reported by Musically) established that digital revenues worldwide were up 6.9% in value last year (2014) to $6.85bn. The growth was stunted due to downloads (the iTunes model) dropping by 8% overall (10.9% for single tracks and 4.2% for digital albums). Streaming (the Spotify model) was up by 39% ($1.57bn) representing 23% of total digital income, taking up the slack caused by the loss in download revenue, (CD sales were down by 8%) streaming up by 18% on 2013 with Spotify, Deezer, Rdio, Napster, Tidal and others achieving 41million paying subscribers. This represents a growth of over 500% since 2010 and a 40% increase over 2013. Global sales as a whole including all formats were down 0.4% overall. The industry feeling is that this is encouraging and suggests that the market drop since the turn of the millennium is reaching a turning point.
The industry will have to watch 2015 very carefully as to how much music sales (CDs and downloads) decline this year and monitor the growth in streaming versus the fall in other formats to establish the shape of the evolving music industry.

One Media's end of year numbers for October 2014 showed turnover growth of 9.5% and normalized profit increase of 21.7% over the previous year (the 2014 reported pretax profit increase was 95% after AIM cost attributed in its 2013 numbers).

"As a small business we are able to manage the 'curves' and respond quickly said Michael Infante OMIP's CEO "Our strengths are in our diversification across all the media platforms including YouTube, which remains the 'dark horse of streaming income, with now over 1.5bn users. Monetisation and profit is a long wait for Spotify, as they are a pure delivery channel. As a content owner, we are profitable, debt free, cash resourced and paying dividends. Sure we have grown slowly but unlike many of our peers, listed or private, we have remained very positively ahead of the pack."

Ivor Novello winner Mungo Jerry (Ray Dorset) famed for the global hit In the summertime, which is estimated to have sold a staggering thirty million units and is now officially recognised as the most played summer song of all time, will be releasing his exclusive new album Good Times: Some Hits & More Stuff through One Media in May 2015. May the good times roll on for One Media iP Ltd, as they continue to stay one step ahead.

[m1shake] 25/3/2015 23:54

hxxp://everyinvestor.co.uk/2015/03/25/video-small-cap-one-media-ip-interview/

[capt bligh] 18/3/2015 10:30

brian berg came for a meeting at Pinewood. see twitter. an interesting figure for OMIP

[oregano] 12/3/2015 10:19

hi bdroop.

the last couple of statements have talked about the impact of streaming and the trend has only just begun. so i think the impact yet to be seen here.

if revenues from hits are falling away, then maybe the distribution advance gets renegotiated. i wouldn't assume anything is above board just because it is between to BoDs!

i question the value of some of this content too. look at all those vloggers created out of thin air. the volume of content is exploding.

personally to own this share i think you need to get very granular and grill the management about these things.

having said all that, the i have not looked at the valuation. has anyone seen what happened to forecasts after the results?

[briangeeee] 11/3/2015 10:48

Just donate the Brand to Clarkson, and have some sort of royalty or publishing deal.

[dibs61] 11/3/2015 09:31

Crikey BG wouldn't that put a rocket under the SP! Mind you I think his earnings/fees would easily outstrip OMIP's income!

[briangeeee] 10/3/2015 19:42

Not that I'm really a M&M fan, but I wonder if they're currently recruiting?!

[bdroop] 10/3/2015 18:13

Hey Oregano, re sustainability of the distribution pre payment by the Orchard - that looks very viable really as Scott Cohen ( The Orchard ) is a non exec of OMIP. So that would have to be very much above board and transparent you would have to imagine? The time it takes to recoup the advance and length of term would be interesting to learn and how that relates to the advances or whether they were extended to obtain the advance? Usually if you take an advance it can be at a cost to margin, but if that means you don't borrow money at the bank? .. -- As for the move to streaming - that I would see as a good thing for this company as opposed to being anything particular worrying. If anything Apple have been tidying up low level catalogue on their service recently which might not be helpful for OMIP? Spotify expanding, Apple streaming service on the way, Youtube Music Key currently in beta. This catalogue won't suddenly under perform on streaming services I suspect. Streaming is an income model that chugs along for the rights owner rather than explodes into life, it has got a long tail of income.The catalogue here is never going to set the world alight though but that can be OK. Buying the copyrights outright is a good strategy in a streaming world.

IMO It's got more going for it than BOOM which is car crash waiting to happen. I wouldn't get excited about Rightster either btw. I'm not invested here. GLA.

[yump] 10/3/2015 11:21

Having looked in a bit more detail, I think its a bit early to judge, given as posts have said above, that a lot happened last year which has really only had 6 months to get going.

Also was very helpful to see the reasoning behind streaming not being some sort of word-that-shall-not-be-mentioned.

With the current forecasts I can't think of anything to do other than sit on my hands.

[dibs61] 10/3/2015 10:41

Agree about question regarding the switch to streaming aspect which, in fairness, the CEO discusses quite openly and in some detail I thought in his statement. KPI's is a fair idea.

There was an adverse effect of FX LAST year but just as the fin year finished coincided with a substantial rise in the USD and since their earnings are made in dollars this should have a significantly beneficial effect in this fin year.

I also think you're being a little harsh re acquisitions since Point Classic (their largest purchase) was completed two thirds through the fin year so def not long enough to see a full impact.

[oregano] 10/3/2015 09:54

i am a bit sceptical here. there is clearly a big impact of the move to streaming which they elude to, but don't clarify. they need to publish more KPIs, the p&l doesn't tell the whole story.

there is clearly an FX hit here, but the growth is unimpressive given the acquisitions made.

i also wonder about the sustainability of that pre-payment from their distributor in this changing model.

[harrogate] 10/3/2015 08:13

They have beaten the EPS number as per GHF header above despite both revenue and PBT being lower than forecast. This seems to be due to a much lower tax charge than expected. I think it is a mixed bag and for me the jury is out until we see how they are going to grow given the move to streaming and away from download. The outlook statement seemed very general to me and it will be good to see some updated broker forecasts now. Hard to see much movement from here based on this set of results but good cash balance and very solid well run company.