TIDMOMIP
RNS Number : 5827F
One Media iP Group PLC
19 July 2021
One Media iP Group Plc
("One Media" or the "Company")
Acquisition of Catalogue
One Media iP Group Plc (AIM: OMIP), the digital music rights
acquirer, publisher and distributor, is pleased to announce that it
has acquired certain composition and recording rights to the
catalogue of over 200 tracks of country music star Don Williams
("Acquisition").
Described by Rolling Stone Magazine as 'one of the finest
singers of the genre', the Acquisition covers Williams' 1970s and
'80s output, during which time he delivered seventeen No.1 hits and
became a global superstar, winning fans from all over the world,
especially in the UK. In 1975, The Who's Pete Townshend covered
Don's No.1 hit ' Till The Rivers All Run Dry ' with Faces legend
Ronnie Lane. Don's 1978 hit ' Tulsa Time ' was a regular on Eric
Clapton's live set, often jammed with contemporary stars such as
Jimmy Page and Jeff Beck.
The Acquisition was completed under One Media's innovative
Harmony iP which will make use of the firm's advanced ' Technical
Copyright Analysis Tool ' ('TCAT'), which utilises AI software to
monitor streams across digital music platforms such as Spotify,
Amazon and iTunes with extreme accuracy. TCAT also identifies
unauthorised use of copyrights, patrolling over 600 digital music
stores across the world, 24 hours a day. Any illegal / unauthorised
plays can be identified dating back up to 6 years and lost
royalties can be recovered.
The Acquisition completes a successful round of acquisitions by
the Company. In January 2021, One Media announced that it acquired
the producer royalties of a selection of tracks by Take That . In
May 2021, '80s pop star Kid Creole and the Coconuts made national
press and TV news as he signed a deal for his 250-song catalogue
with One Media in order ' to look after his coconuts way into the
future '. In June 2021, record producers Steve Levine (Culture
Club) and Barry Blue (Heatwave) partnered with One Media for its
ground-breaking TCAT technology , to help monitor and protect their
works, including hits such as Culture Club's 'Karma Chameleon' and
Heatwave's 'Boogie Nights'.
Albeit a material acquisition for the Company, the Acquisition
has been funded through the Company's existing cash resources and
is in line with management's expectations and the Company's
business plan.
Michael Infante, CEO of One Media iP said: "There has been a
steady rise in the popularity of country music in the UK and
Europe, with events such as the Country 2 Country festival, which
have drawn in huge crowds in recent years. Don Williams - like
Johnny Cash - is revered by younger artists, which has in turn fed
through to a new generation of fans. In life he was known as the
Gentle Giant... and in his musical legacy we believe we have a
Sleeping Giant, as fans of all generations are drawn to his
timeless music.
"One Media will work in partnership with the Don Williams estate
to ensure his legacy is protected and promoted for many years to
come, with our state-of-the-art TCAT software."
The person who arranged the release of this information is
Michael Infante, Chief Executive Officer of the Company.
-Ends-
One Media iP Group Plc
Michael Infante - CEO
Alice Dyson - COO +44 (0)175 378 5500
Claire Blunt - Chairman +44 (0)175 378 5501
Cairn Financial Advisers LLP
(Nominated Adviser)
Liam Murray
Jo Turner
Ludovico Lazzaretti +44 (0)20 7213 0880
Cenkos Securities plc (Broker)
Giles Balleny
Max Gould
Michael Johnson (Sales) +44 (0)20 7397 8900
PPR Publicity +44 (0)7930 304301
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 www.tcat.media copyright infringement and
digital music audit tool software TCAT, is used daily with major
record labels and the world leading digital international
distributor. Men & Motors its branded car channel is now
available via its web site www.menandmotors.com and YouTube
https://www.youtube.com/channel/UCNLiybn_9jgQaV0NZlSRwCg
One Media is listed on the London Stock Exchange on the AIM
index, under the symbol 'OMIP'.
For further information, please visit www.omip.co.uk and http://www.harmonyip.com/
About Don Williams
A Texan born-and-bred; Don Williams was one of Country Music's
greats. His baritone voice was his signature and this, combined
with songs that he himself described as 'intensely simple' earned
Don Williams the nickname 'The Gentle Giant'.
After leaving high school in 1958 Williams served two years in
the US army and spent the 1960s holding down various jobs including
delivery driver, debt collector and oil field operative. At the
same time, he was honing his skills as a musician and performer,
playing local bars and clubs.
The 1970s heralded creative and commercial success, initiated by
a move to Nashville and the release of his debut album 'Don
Williams Volume One' in 1973. His first No.1 hit followed in '74
with ' I Wouldn't Want to Live if You Didn't Love Me ' , the first
of seventeen No.1 country hits that would come during the next 12
years.
Williams found fans in the UK, where he enjoyed Top 20 chart
success with ' I Recall a Gypsy Woman ' in 1976. In the '80s, '90s
and '00s, it was British manager and promoter Robert Pratt, who
oversaw Don's desire to expand with performances around the
world.
Don went on to tour Australia three times, Africa once (in 1997)
and continued to tour in Europe until 2014. His work has been
covered by artists as diverse as Lambchop, Johnny Cash, Pete
Townsend and Tortoise with Bonnie Prince Billy.
In his later career, Williams enjoyed a rejuvenation, finding a
home with the Hip Hop label Sugar Hill Records which issued his two
final albums, 'So It Goes' (2012) and 'Reflections' (2014), with
songs featuring singers Vince Gill, Keith Urban and Alison Krauss.
A tribute album, 'Gentle Giants: The Songs of Don Williams',
featuring versions of his songs by Garth Brooks, Keith Urban and
Lady Antebellum, was released in 2017.
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