One Media iP Group Plc TCAT Update

 
TIDMOMIP 
 
One Media iP Group Plc 
 
                  ("One Media", the "Group" or the "Company") 
 
   One Media commercialises TCAT its music discovery tool with a major music 
                                  distributor 
 
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 it has signed its 
first major music distributor to utilise the services of its Technical 
Copyright Analysis Tool ("TCAT"). 
 
The global music distributor will be using the TCAT services from June 2017 to 
monitor its weekly release schedules, monitor music conflicts and potential 
copyright infringements. 
 
Following two years of development the deal will see the commercialisation of 
TCAT on an annual contract basis. 
 
One Media's move into technical services around music data and analysis is 
borne from its experience in handling large data sets around its own 
exploitation of the Group's catalogue of rights. 
 
Michael Infante Chairman & CEO of One Media commented: 
 
"Confidentiality clauses in the agreement prevents us from disclosing the 
identity of our client and any of the commercial terms but suffice to say we 
are excited by having TCAT deployed as a technical resource to a major record 
distributor.  Whilst the revenues generated from this initial contract are 
modest, it is a significant development for the Company as it validates and 
proves the technology and demonstrates its need in the market place. 
 
TCAT has been in development for two years as an in-house originated SaaS 
(Software as a Service") product.  It is designed to search and analyse music 
data across multiple consumer delivery platforms and deliver forensic data and 
information on its client's music exploitation globally." 
 
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 
                                    Tel: [phone] 
 
Alice Dyson-Jones                   Corporate Communications 
                                    Tel: [phone] 
 
Cairn Financial Advisers LLP        Nominated Adviser 
 
Liam Murray / Jo Turner             Tel: [phone] 
 
Panmure Gordon (UK) Ltd             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 
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 artist and tracks 
on legitimate digital stores.  One Media is eligible for Enterprise Investment 
Schemes ("EIS") and Venture Capital Trusts ("VCT"). 
 
 
 
END 
 

(END) Dow Jones Newswires

May 25, 2017 02:00 ET (06:00 GMT)