ONE MEDIA IP GROUP PLC: Acquisition of Music Video Catalogues

 2 May 2014                          One Media iP Group Plc                                            ("One Media" or "the Group" or "the Company")                   Acquisition of Rock and Roll Palace and Church Street Station Music Video                                    catalogues                                     One Media iP Group Plc (AIM: OMIP) the digital media content provider which consolidates, exploits and monetises intellectual property rights around music and video, is pleased to announce that it has acquired under an exclusive license with an on-going royalty the 'Rock and Roll Palace' and 'Church Street Station' music-video catalogue of rights. The deal was concluded with the Henry Hadaway Organisation ("HHO") for a total consideration of £300,000 plus VAT.  The two catalogues contain hundreds of music-video performances by various artists such as; Tammy Wynette, Charlie Rich, George Jones, Lynn Anderson, Mickey Giley, Tanya Tucker, The Bellamy Brothers, The Osmonds, Del Shannon, The Platters, and the Shirelles to name just a few.  Henry Hadaway MBE, chairman and founder of HHO since 1969 is considered a pioneer of UK independent music companies.  Michael Infante, Chief Executive Officer and Chairman of One Media, commented: "Our expansion into more music-video content is emphasised by this deal. This video collection has never previously been made available by HHO for digital exploitation and we are excited to be bringing this to market via our music channels with all of the emerging video stores such as YouTube. Monetising this content, as with all our acquisitions, is not an overnight event but with the growing impact of `streaming' to all devices (mobile and home entertainment) becoming the preferred route to market, we anticipate growth in this sector over the coming years."  For further information, please contact: One Media Publishing Group Plc  One Media iP Group Plc                           Chairman and Chief Executive Michael Infante                                  Tel: +44 (0)175 378 5500                                                                                Cairn Financial Advisers LLP                     Nominated Adviser            Liam Murray / Jo Turner                          Tel: +44 (0)20 7148 7900                                                                                Charles Stanley Securities Limited               Broker                       Mark Taylor                                      Tel: +44 (0)20 7149 6000                                                                                Yellow Jersey PR Limited                         Financial PR                 Kelsey Traynor/Dominic Barretto/Philip Ranger    Tel: +44(0)7799 003 220       Notes to Editors:-  The Group is a B2B and B2C digital content provider, exploiting intellectual property rights around music and video. The Group specialises in acquiring and repackaging nostalgic music and Film and TV programmes from recordings made over the last 90 years. The Group operates from its offices at Pinewood Studios and delivers its digital music and video content via aggregators to over 600 online digital stores such as iTunes, Spotify, Amazon, Deezer and YouTube. Consumers download or stream the content via PCs, smart phones, internet enabled music players and Smart TVs. Additionally, One Media makes its library of content available for synchronisation purposes for TV shows, movies, adverts, games and websites.  One Media focuses on music performed by well-known artists or songs 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. The Groups visual content includes the 3000 Men & Motors programs, Skippy the Bush Kangaroo, the early Sooty Shows and over 3000 nostalgic pop music videos, all exploited via YouTube.  The Group does not invest in new bands or untested music. One Media is eligible for Enterprise Investment Schemes ("EIS") and Venture Capital Trusts ("VCT"). The Group is profitable and has being paying a dividend since July 2011.  END 
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