3 June 2024
One Media iP Group
plc
("One Media" or
"Company" or "Group")
TCAT Protect
App
One Media Group iP's subsidiary TCAT
Ltd ("TCAT"), announces the launch of the "TCAT Protect" app with a
7-day free trial to interested music industry
stakeholders.
Music rightsholders, record labels
and artists are challenged with their music being illegally
exploited on legitimate digital stores, which is down to audio
modification and inaccurate metadata. This not only violates
ownership rights - it also results in unauthorised individuals
profiting from their intellectual property, leading to revenue
losses amounting to billions of dollars annually. TCAT Protect is
designed to address this need by offering comprehensive tracking,
reporting and insights into potentially infringing tracks, to
strengthen the management of music rights across legitimate digital
stores such as Spotify and Apple Music.
The service is tailored to
provide:
· Tracking of Music Recordings
across global digital stores: Real-time monitoring and the ability to listen to tracks
that are potentially infringing your music, providing a level of
vigilance that has not been available until now.
· Enhanced
Transparency: Detailed and
user-friendly reports that offer clear insights into how, where and
who is trading in a record label's Music Rights.
· TCAT
Protect: The advanced audio
fingerprinting software matches music tracks on music streaming
platforms such as Spotify, Apple Music, Amazon Music, Deezer and
Napster (together the monitored Digital Service Providers "DSPs"),
allowing users to view and review any potential infringements of
music tracks in one place. This enables protection of users'
intellectual property rights and maximises revenue returns in
real-time.
· Real-Time
Data: Advanced analytics tools to
help stakeholders make informed decisions based on real-time
data.
· Consolidated
view: The real time data is
presented in one place, by monitored DSP, by territory.
To showcase the functionality and
reliability of TCAT Protect, TCAT are offering a 7-day free trial
of their Gold Standard service. Go
to www.tcat.media
TCAT's Managing Director, Robin Abeyesinhe, said
"At TCAT, we
understand the challenges faced by record labels, artists,
composers, and royalty receivers in managing their rights and
earnings. With TCAT Protect, we aim to provide a robust tool that
enables rights holders to track their music on the monitored DSPs
and to identify and take action against potentially infringing
tracks, using TCAT's fingerprinting technology and bespoke
software, whilst also offering the transparency and security that
our clients deserve.
"We are excited to offer the 7-day free trial
of our Gold Standard service to demonstrate the value and
efficiency of our platform."
About TCAT (a subsidiary of One Media Ip Group
PLC)
TCAT 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, for
instances of unauthorised exploitation. The TCAT software is quick
and powerful, capable of scanning legitimate global digital music
stores for unauthorised and duplicated releases, providing
'up-to-the-moment' reporting. TCAT was developed in-house by One
Media iP Group plc as a technical arm to protect is own catalogue
of over 400,000 music rights. Its development over 4 years has now
led it to be offered to the wider music industry and has been
established now as a separate limited company subsidiary within the
Group.
The person who arranged the release
of this information is Michael Infante, Chief Executive Officer of
the Company.
One
Media IP Group Plc
|
|
Michael Infante
|
Chief Executive
Tel: +44 (0)175 378 5500
|
Claire Blunt
|
Chairman
Tel: +44 (0)175 378
5500
|
|
|
|
|
Cavendish Capital Markets Limited
|
Broker
|
Giles Balleny, (Corporate
Finance)
Michael Johnson (Sales)
|
Tel: +44 (0)20 7397
8900
|
|
|
Claire Turvey, Fourth Pillar
claire@fourthpillarpr.com
|
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 with a diversified catalogue of
over 400,000 music tracks. 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
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/
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.