One Media iP Group
Plc
("One Media", the
"Group" or the "Company")
Major
International Music Record Label Signs Annual Contract to use
TCAT
And Notification
of Results
One Media iP Group Plc (AIM: OMIP), a digital and technical
media content provider, which consolidates, exploits and monetises
intellectual property rights around music and video, is pleased to
announce that another major international music label has signed an
annual contract to utilise the services of its Technical Copyright
Analysis Tool (“TCAT”). The contract will commence with immediate
effect.
Under the terms of the contract, the major international record
label will use the TCAT services to monitor music conflicts and
potential copyright infringements. Following two years of
development the deal will see the further commercialisation of TCAT
on an annual contract basis. One Media’s continued move into
technical services around music data has been underpinned by the
expansion of its in-house team of software developers. TCAT
(www.tcat.media) is designed to both search and analyse large data
sets within digital stores internationally.
The Company also confirms that its Full Year results for the
year ending 31 October 2017 will be
announced on the 26 February
2018.
Michael Infante Chairman &
CEO of One Media commented:
“I am delighted to report that TCAT has signed its second
international client. We have expanded the service in line with our
customer's exacting brief and resourced it accordingly. This is a
further demonstration of our technology’s ability to fulfil the
music market’s necessity for big-data information and the tools to
analyse it and customise it to the clients’ individual needs.”
For further information on TCAT please see
http://www.tcat.media
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please
contact:
One Media iP Group Plc
Michael Infante, Chairman and Chief Executive
Alice Dyson-Jones, Communications |
+44 (0)175 378 5501
+44 (0)175 378 5500 |
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|
Cairn Financial Advisers LLP (Nominated
Adviser)
Liam Murray, Jo Turner |
+44 (0)20 7213 0880 |
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Panmure Gordon (UK) Ltd (Broker)
James Stearns |
+44 (0)20 7886 2500 |
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Luther Pendragon Ltd (Financial PR)
Harry Chathli, Claire Norbury |
+44 (0)20 7618 9100 |
Notes to Editors
Based at Pinewood Studios, One Media is an 'intellectual
property' (IP) owner and/or controller of rights within the digital
arena concerning music, video and digital distribution. It is a B2B
(business-to-business) operation, that is consumer led which looks
to exploit its catalogue of over 250,000 music tracks and over
10,000 hours of video by recompiling its content for download,
streaming and sub licensing through over 600 digital music and
video stores worldwide.
The Group 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 and world-music, plus stand-up comedy
and 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
over 3,500 shows, Men & Motors is available for viewing on the
Group’s 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 artists and tracks on legitimate
digital stores. One Media has been previously eligible for
Enterprise Investment Schemes ("EIS") and Venture Capital Trusts
("VCT").