ONE MEDIA IP GROUP PLC: Acquisition of music content from Peppermint Music Ltd
ONE MEDIA IP GROUP PLC: Acquisition of music content from Peppermint Music Ltd 22 April 2013
One Media iP Group Plc ("One Media" or "the Group" or "the Company") Acquisition of the music content from Peppermint Music Ltd One Media iP Group Plc (AIM: OMIP), the digital media content provider which exploits intellectual property rights around music and video, is pleased to announce that it has acquired for a consideration of £25,000 plus an on-going royalty, the exclusive digital rights to the Peppermint Music Ltd catalogue of content (the "Catalogue"). The Catalogue contains over 150 recordings performed by artists such as Connie Francis, singing the hits of Buddy Holly, Billie Jo Spears, performing her greats, including "Blanket on the Ground" and "57Chevrolet", Kid Creole, performing "Annie I'm not your Daddy", Racey, performing "Some Girls do", Alvin Stardust, performing "My Coo Ca Choo & Red Dress" and other great performances from Grace Kennedy, Pete Haycock and Paul Da Vinci (of the Rubettes). Michael Infante, Chief Executive Officer of One Media, commented:- "We are continuing our successful acquisition trail of nostalgic greats and will exploit all of these recordings via our digital distribution services. This is our first acquisition since listing on AIM and is a welcome addition to the library of rights." Enquiries: Michael Infante One Media iP Group PLC +44 (0) 175 378 5500 Chairman and CEO
Liam Murray Cairn Financial Advisers LLP +44 (0) 207 148 7900 Jo Turner Nominated Adviser
Claire Noyce Hybridan LLP +44 (0) 207 947 4004 Deepak Reddy AIM Broker
John West Tavistock Communications +44 (0) 207 920 3150 Simon Compton Public Relations Niall Walsh
Notes to Editors:
One Media is a digital music and video rights owner. The consumer led but B2B (Business-to-business) operation looks to exploit its catalogue of over 170,000 music tracks and over 5,000 hours of video by recompiling the content for sale through over 600 digital music and video stores worldwide. The Company has a team of Creative Technicians who digitise the content, create the metadata and re-compile and prepare the digital music & video releases using bespoke in-house software.
Additionally, One Media makes its library of content available for TV shows, movies, adverts, games and websites. 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 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 and over 1,000 hours of classical music.
One Media is eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT").
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