One Media iP Group PLC Further re TCAT Protect App

RNS Number : 9522S

One Media iP Group PLC

19 June 2024

 

One Media iP Group plc

("One Media" or "Company" or "Group")

 

Further re TCAT Protect App

 

Further to One Media Group iP's subsidiary TCAT Ltd ("TCAT"), RNS Reach announcement (3 June 2024) of the launch of the "TCAT Protect" app with a 7-day free trial of its Gold Standard service, the Company is pleased to announce that it has now been extended to a 14 day free trial, followed by free access to its Bronze Plan for a trial period for the following six months.

 

TCAT Protect is the advanced audio fingerprinting software that matches music tracks on music streaming platforms such as Spotify, Apple Music, Amazon Music, Deezer and Napster (together the monitored Digital Service Providers "DSPs"), allowing users to view and review any potential infringements of music tracks in one place. This enables protection of users' intellectual property rights and maximises revenue returns in real-time. 

 

With the news of TCAT's service slowly spreading through the industry, TCAT Ltd has extended its free offer of the Gold Standard usage from 7 days to 14 days to give new users an extended period to experience the anti-piracy software's full service and thereafter free access to TCAT's Bronze Plan for at least six months.

 

In light of the news from Robert Kyncl turns up heat on PRO metadata matching, and other things we learned from his NMPA keynote in New York (https://www.musicbusinessworldwide.com/robert-kyncl-turns-up-heat-over-pro-metadata-matching-and-other-things-we-learned-from-his-nmpa-keynote-in-new-york/), the Company believes that TCAT Protect can play an important part in detection for artists and record labels alike.

 

Music rightsholders, record labels and artists are challenged with their music being illegally exploited on legitimate digital stores, which is down to audio modification and inaccurate metadata. This not only violates ownership rights - it also results in unauthorised individuals profiting from their intellectual property, leading to revenue losses amounting to billions of dollars annually. TCAT Protect is designed to address this need by offering comprehensive tracking, reporting and insights into potentially infringing tracks, to strengthen the management of music rights across legitimate digital stores such as Spotify and Apple Music.

 

The service is tailored to provide:

-      Tracking of Music Recordings across global digital stores: Real-time monitoring and the ability to listen to tracks that are potentially infringing your music, providing a level of vigilance that has not been available until now.

-     Enhanced Transparency: Detailed and user-friendly reports that offer clear insights into how, where and who is trading in a record label's Music Rights.

-      Real-Time Data: Advanced analytics tools to help stakeholders make informed decisions based on real-time data.

-      Consolidated view: The real time data is presented in one place, by monitored DSP, by territory.

 

To show the functionality and reliability of TCAT Protect, TCAT are offering a 14-day free trial of their Gold Standard service. Go to www.tcat.media and sign up for free and then free access to its Bronze Plan for a further six months.

 

TCAT's Managing Director, Robin Abeyesinhe, said "We are delighted to extend the free trial of our Gold Standard service from 7 days to 14 days and then offer our Bronze Plan for a further six months free of charge. We need musicians and record labels to engage with TCAT and we will be presenting our service to all music related associations and musician unions which will see a benefit from our great protective music service.  We look forward enthusiastically to continue to introduce TCAT to the music industry and help protect artists and content owner's music copyrights."

 

About TCAT (a subsidiary of One Media Ip Group PLC) 

TCAT is a Software as a Service (SaaS) platform, developed as a means of automating the difficult and time-consuming task of monitoring digital music releases, for instances of unauthorised exploitation. The TCAT software is quick and powerful, capable of scanning legitimate global digital music stores for unauthorised and duplicated releases, providing 'up-to-the-moment' reporting. TCAT was developed in-house by One Media iP Group plc as a technical arm to protect it's own catalogue of over 400,000 music rights. Its development over 4 years has now led it to be offered to the wider music industry and has been established now as a separate limited company subsidiary within the Group. 

 

The person who arranged the release of this information is Michael Infante, Chief Executive Officer of the Company.

  

One Media IP Group Plc
Michael Infante	Chief Executive Tel: [phone]
Claire Blunt	Chairman Tel: [phone]
Cavendish Capital Markets Limited	Broker
Giles Balleny, (Corporate Finance) Michael Johnson (Sales)	Tel: [phone]
Claire Turvey, Fourth Pillar [e-mail]	Financial PR Tel: [phone]

 

About One Media iP Group Plc

One Media is a digital music rights acquirer, publisher and distributor with a diversified catalogue of over 400,000 music tracks. The Group specialises in purchasing and monetising intellectual property rights with proven, repeat income streams.  One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify.

One Media's music is also widely used for synchronisation in film and TV whilst its video content is primarily viewed on YouTube, where One Media operates over 20 channels as a certified partner. Additionally, its copyright infringement and digital music audit tool software TCAT is used by major record labels and the world leading digital international distributor. Men & Motors, the Company's branded car channel, is now available via YouTube www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg

One Media is listed on the AIM Market of the London Stock Exchange under the ticker 'OMIP'.

For further information, please visit www.omip.co.uk and www.harmonyip.com/ 

 

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