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OMIP One Media Ip Group Plc

4.25
0.00 (0.00%)
13 Dec 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 99,213 07:34:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 5.36M 143k 0.0006 70.83 9.45M

One Media iP Group PLC TCAT anti-piracy software platform update

31/05/2023 7:00am

RNS Non-Regulatory


TIDMOMIP

One Media iP Group PLC

31 May 2023

31 May 2023

One Media iP Group Plc

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

New addition to TCAT anti-piracy software platform to tackle AI music infringement

Software platform TCAT Ltd ("TCAT"), the subsidiary of One Media (AIM: OMIP), the digital media content provider that specialises in the active monetisation of music and video intellectual property rights together with copyright protection technology, has launched a new product to its SaaS portfolio, 'TCAT Insight'.

TCAT Insight is the latest addition to the proprietary suite of TCAT software products that has been designed by its in-house team of technology experts to provide solutions to music rights holders (including One Media) and the creative community arising from music copyright infringement and loss of due income through the illegal activities of others.

The new software's scanning ability can help music copyright owners to detect copyright infringing tracks, including AI generated music, by identifying potentially pirated tracks using metadata that are matched using an artist name and track title together with various additional keywords. It can also identify possible covers using a confidence analysis process that incorporates metadata matching and artificial intelligence to analyse lyrics.

Gareth Waller, CTO at TCAT said: "TCAT Insight can be used as a standalone product or alongside our content protection product, 'TCAT Protect', to further triage possible infringements found via metadata scans. Driven by machine learning, it enables clients to review the potential infringement and respond accordingly. We have had strong interest in the new software capability from both new and existing clients, including small to medium sized record labels who are having to work harder than ever to protect their copyrights from piracy. This is very much an example of AI working for the benefit of the music industry."

Michael Infante, CEO of One Media commented: "This new software product is the result of One Media's multimillion pound investment into TCAT, where the opportunities are growing in this fast-moving music technology environment. Our impressive team, under the guidance of Gareth Waller, is working hard to anticipate and respond to customer demand and there is a strong pipeline of new additions to the platform that we look forward to announcing over the coming months."

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

ENDS

For further information, please contact:

 
 One Media IP Group Plc 
 Michael Infante                      Chief Executive 
                                       Tel: +44 (0)175 378 
                                       5500 
 Claire Blunt                         Chairman 
                                       Tel: +44 (0)175 378 
                                       5501 
 
 
 Cenkos Securities plc                Broker 
 Max Gould/Giles Balleny (Corporate   Tel: +44 (0)20 7397 
  Finance)                             8900 
  Michael Johnson (Sales) 
 
 Claire Turvey, Fourth Pillar         Financial PR 
                                       Tel: +44 (0)7850 548 
                                       198 
 

About One Media iP Group Plc

One Media is a digital music rights acquirer, publisher and distributor. 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 YouTube 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/

About TCAT

TCAT, the Technical Copyright Analysis Tool, (or To Catch a Thief) 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 in over 202 territories in over 400 digital stores, for instances of unauthorised exploitation. The bespoke TCAT software is quick and powerful, capable of scanning legitimate global digital music stores for unauthorised and duplicated releases, and chart information. It offers a growing number of services from administrated to self-administrated. It can audit your new release schedules and protect and identify utilising audio fingerprinting and metadata search criteria combined with the introduction of AI searches to discover fake artists and mashed content.

This communication is a "Reach" announcement. Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained in this announcement is of a non-regulatory nature. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

May 31, 2023 02:00 ET (06:00 GMT)

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