One Media iP Group Plc One Media moves it banking to Coutts & Co
February 01 2017 - 1:00AM
UK Regulatory
TIDMOMIP
One Media iP Group Plc
("One Media", the "Group" or the "Company")
One Media moves it banking to Coutts & Co
One Media iP Group Plc (AIM: OMIP), a digital media content provider, which
consolidates, exploits and monetises intellectual property rights around music
and video, is pleased to announce that it has signed a new deal for its banking
services with Coutts & Co ("Coutts") of 440 Strand, London. The Group will
commence with the orderly handover from Barclays to Coutts during February
2017. The Group has no debt and is cash resourced.
Commenting on the deal, Michael Infante Chairman and CEO said, "Coutts
experience within media and content with many focussed services and seminars
should prove invaluable to One Media with our expansion programme into varying
media and technology activities that we have planned for the future. I would
like to thank Barclays for their services to date.".
One Media iP Group Plc
Chairman and Chief
Executive
Michael Infante Tel: +44 (0)175 378 5500
One Media iP Group Plc
Corporate Communications
Alice Dyson-Jones Tel +44 (0)175 378 5501
Cairn Financial Advisers
LLP
Nominated Adviser
Liam Murray / Jo Turner Tel: +44 (0)20 7213 0880
Panmure Gordon (UK)
Limited
Broker
Karri Vuori Tel: +44 (0)20 7886 2500
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 Groups 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"). The company is
profitable, cash resourced and has operated an active dividend policy since
2011.
END
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