One Media iP Group Plc AGM Statement

 
TIDMOMIP 
 
22 May 2020 
 
                            One Media iP Group Plc 
 
                        ("One Media", or the "Company") 
 
                                 AGM STATEMENT 
 
                     Solid pipeline of opportunities ahead 
 
One Media iP Group Plc (AIM: OMIP), the intellectual property rights acquirer, 
publisher, distributor in music, video and copyright technology, is holding its 
Annual General Meeting ("AGM") today.  In compliance with the UK Government's 
social distancing guidelines, arrangements have been made for the meeting to be 
held on a virtual basis using powers contained in our articles of association. 
Shareholders will have received access details with the AGM mailing. 
 
At the AGM, Claire Blunt , Non-Executive Chair of One Media, will provide the 
following update: 
 
"I am pleased to report that we have continued the positive momentum outlined 
in our 6 May 2020 statement, with trading remaining in line with Board 
expectations. I am also delighted that One Media is one of the few businesses 
which has been able to declare a dividend in challenging macro-economic times. 
 
"As indicated in the 2019 Final Results statement, One Media has continued to 
make advancements in focusing its proprietary Technical Copyright Analysis Tool 
("TCAT") that automates the task of monitoring digital music releases and 
identifying instances of unauthorised releases on legitimate music stores. We 
continue to see increased interest in TCAT's features from some of the major 
players in the music industry and we will continue to explore opportunities to 
enable further investment in the technology and scale this pioneering platform. 
 
"One Media also remains focused on looking at possibilities to grant music 
rights holders' advanced access to the future earnings of their intellectual 
property ("IP") by purchasing a portion of their rights upfront. Our Harmony IP 
platform will look at offering the industry a form of asset release in music 
IP. This would allow the Company to spread its investment across further 
catalogues, partnering with artists and composers, while using its expertise 
and TCAT to expand earnings for all parties. 
 
"Finally, and as part of a wider PR & IR campaign which will be evident in the 
upcoming period, we have re-launched our corporate website at www.omip.co.uk. 
Having already made a notable start to 2020, and with the announcement of a 
return to our dividend policy, the Group will continue to focus on growth and 
will look to maximise its potential given the current global situation 
throughout 2020. I therefore look to the future of the industry and your 
Company with confidence." 
 
                                    -Ends- 
 
One Media iP Group Plc                                    [phone] 
Michael Infante - CEO 
Claire Blunt - Chairman                                   [phone] 
 
 
Cairn Financial Advisers LLP                              [phone] 
(Nominated Adviser) 
Liam Murray 
Jo Turner 
Ludovico Lazzaretti 
 
Cenkos Securities plc (Broker)                            [phone] 
Max Hartley 
Max Gould 
Michael Johnson (Sales) 
 
Yellow Jersey PR (PR & IR) 
Charles Goodwin                      [phone] 
Annabel Atkins 
 
 
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, TV and 
digital gaming whilst its video content is primarily viewed on YouTube where 
One Media operates over 20 YouTube channels as a certified partner. 
 
One Media is listed on the London Stock Exchange on the AIM index, under the 
symbol 'OMIP'. 
 
For further information: www.omip.co.uk 
 
 
 
END 
 

(END) Dow Jones Newswires

May 22, 2020 02:00 ET (06:00 GMT)