One Media iP Group Plc One Media moves it banking to Coutts & Co

 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
                   One Media moves it banking to Coutts & Co 
 
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 signed a new deal for its banking 
services with Coutts & Co ("Coutts") of 440 Strand, London. The Group will 
commence with the orderly handover from Barclays to Coutts during February 
2017. The Group has no debt and is cash resourced. 
 
Commenting on the deal, Michael Infante Chairman and CEO said, "Coutts 
experience within media and content with many focussed services and seminars 
should prove invaluable to One Media with our expansion programme into varying 
media and technology activities that we have planned for the future. I would 
like to thank Barclays for their services to date.". 
 
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: [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

February 01, 2017 02:00 ET (07:00 GMT)