One Media iP Group PLC TCAT Protect App

RNS Number : 7482Q

One Media iP Group PLC

03 June 2024

 

3 June 2024

One Media iP Group plc

("One Media" or "Company" or "Group")

TCAT Protect App

One Media Group iP's subsidiary TCAT Ltd ("TCAT"), announces the launch of the "TCAT Protect" app with a 7-day free trial to interested music industry stakeholders.

 

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.

·      TCAT Protect: The advanced audio fingerprinting software 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. 

·      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 showcase the functionality and reliability of TCAT Protect, TCAT are offering a 7-day free trial of their Gold Standard service. Go to www.tcat.media

 

TCAT's Managing Director, Robin Abeyesinhe, said "At TCAT, we understand the challenges faced by record labels, artists, composers, and royalty receivers in managing their rights and earnings. With TCAT Protect, we aim to provide a robust tool that enables rights holders to track their music on the monitored DSPs and to identify and take action against potentially infringing tracks, using TCAT's fingerprinting technology and bespoke software, whilst also offering the transparency and security that our clients deserve.

 

"We are excited to offer the 7-day free trial of our Gold Standard service to demonstrate the value and efficiency of our platform."

 

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 is 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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