12 November 2012
One Media iP Group plc
("One Media" or the "Company")
One Media makes Sooty acquisition
One Media, the profitable Netlabel and consolidator and acquirer of music and
video rights, announces an exclusive deal for the ownership of worldwide rights
to material from Sooty, the longest-running children's TV programme in the UK.
One Media now has exclusive control of a variety of classic Sooty content
including eight TV shows presented by Sooty's creator, Harry Corbett. The shows
date back to the original Sooty episodes of the 1950's all the way through to
the 1970s including such classics as The Sooty Olympics and Sooty's Birthday.
One Media also has the rights for The Sooty Radio Show and a feature length
special entitled "Sooty - The Big Day Out" with Richard Cadell.
The acquisition was made for an undisclosed sum which will be offset against
future royalty payments. One Media will now look to derive value from the
content by packaging it for sale across a variety of digital platforms
including iTunes, Amazon, and YouTube.
Michael Infante, CEO and Chairman of One Media said: "The continuing
acquisition of outstanding content is core to the success of One Media and I am
extremely pleased with the addition of Sooty, Sweep & Soo to our portfolio.
This acquisition broadens our mix of content and marks an important move into
the distribution of non-music related video, an area we are looking to build on
in the near future. Our expansion into acquiring more content to meet the
demands of the emerging Smart TV market will continue to be a priority. "
For further information please visit www.onemediaip.com or contact:
One Media iP Group plc Hybridan LLP Tavistock Communications
Michael Infante Claire Noyce/Deepak John West/ Simon Compton
Chairman & CEO Corporate Adviser Financial PR
Tel: +44 (0)17 5378 5500 Tel: +44 (0)20 7947 4350 Tel: + 44 (0)20 7920 3150
Notes to Editors:
One Media is a digital music and video rights owner. The consumer operation
looks to exploit its catalogue of over 170,000 music tracks and over 4,000
hours of video by repackaging the content for sale through over 200 digital
music and video stores worldwide including iTunes, Amazon, Spotify, Deezer,
eMusic and YouTube. The Company has a team of creative technicians who
re-compile and prepare digital music releases using bespoke in-house software.
Additionally, One Media licenses its music content for TV shows, movies,
adverts, games and websites. Clients include Disney, Ubisoft and ITV. One Media
operates an online sync database system that enables music supervisors to
explore the library and select tracks for music briefs.
One Media focuses on music 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 and over 1000
hours of classical music. One Media is now eligible for Enterprise Investment
Schemes ("EIS") and Venture Capital Trusts ("VCT").
-0- Nov/12/2012 07:00 GMT
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