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OMIP One Media Ip Group Plc

4.25
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
One Media Ip Group Plc LSE:OMIP London Ordinary Share GB00B1DRDZ07 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.25 4.00 4.50 4.25 4.25 4.25 0.00 07:47:54
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 5.13M 438k 0.0020 21.25 9.45M

One Media iP Group Plc Major International Music Record Label Signs Contract

20/02/2018 7:00am

UK Regulatory


 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
   Major International Music Record Label Signs Annual Contract to use TCAT 
 
                          And Notification of Results 
 
One Media iP Group Plc (AIM: OMIP), a digital and technical media content 
provider, which consolidates, exploits and monetises intellectual property 
rights around music and video, is pleased to announce that another major 
international music label has signed an annual contract to utilise the services 
of its Technical Copyright Analysis Tool ("TCAT"). The contract will commence 
with immediate effect. 
 
Under the terms of the contract, the major international record label will use 
the TCAT services to monitor music conflicts and potential copyright 
infringements. Following two years of development the deal will see the further 
commercialisation of TCAT on an annual contract basis. One Media's continued 
move into technical services around music data has been underpinned by the 
expansion of its in-house team of software developers. TCAT (www.tcat.media) is 
designed to both search and analyse large data sets within digital stores 
internationally. 
 
The Company also confirms that its Full Year results for the year ending 31 
October 2017 will be announced on the 26 February 2018. 
 
Michael Infante Chairman & CEO of One Media commented: 
 
"I am delighted to report that TCAT has signed its second international client. 
We have expanded the service in line with our customer's exacting brief and 
resourced it accordingly. This is a further demonstration of our technology's 
ability to fulfil the music market's necessity for big-data information and the 
tools to analyse it and customise it to the clients' individual needs." 
 
For further information on TCAT please see http://www.tcat.media 
 
This announcement contains inside information for the purposes of Article 7 of 
EU Regulation 596/2014. 
 
For further information, please contact: 
 
One Media iP Group Plc 
Michael Infante, Chairman and Chief Executive    +44 (0)175 378 5501 
Alice Dyson-Jones, Communications                +44 (0)175 378 5500 
 
Cairn Financial Advisers LLP (Nominated Adviser) 
Liam Murray, Jo Turner                           +44 (0)20 7213 0880 
 
Panmure Gordon (UK) Ltd (Broker) 
James Stearns                                    +44 (0)20 7886 2500 
 
Luther Pendragon Ltd (Financial PR) 
Harry Chathli, Claire Norbury                    +44 (0)20 7618 9100 
 
Notes to Editors 
 
Based at Pinewood Studios, One Media is an 'intellectual property' (IP) owner 
and/or controller of rights within the digital arena concerning music, video 
and digital distribution. It is a B2B (business-to-business) operation, that is 
consumer led which looks to exploit its catalogue of over 250,000 music tracks 
and over 10,000 hours of video by recompiling its content for download, 
streaming and sub licensing through over 600 digital music and video stores 
worldwide. 
 
The Group 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 and world-music, plus stand-up comedy and 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 over 3,500 shows, Men & Motors is available 
for viewing on the Group's 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 artists and tracks 
on legitimate digital stores. One Media has been previously eligible for 
Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT"). 
 
 
 
END 
 

(END) Dow Jones Newswires

February 20, 2018 02:00 ET (07:00 GMT)

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